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Author Topic: LRA Sponsors  (Read 11816 times)
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MMM Admin
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« Reply #60 on: October 25, 2012, 02:06:37 PM »

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I don't understand why to start another paused project (RND-D), when LRA was almost done. Based on your comments LRA was very interesting and success project with promising return. I'm confused now.

Yes almost done but there I need much more funds let say 10 times more than I need for RNG-D to finish or to get near the final stage.

Just think in LRA project was invested a lot of funds.

I will say more than 60 000$ during the last year.

Some members helped with 100$ (10 members) and only 3-5 with amounts from 300$ to 500$ and only 1-2 members with amount bigger than 1000$. All other funds was invested by our big partner and other part was from MMM sales.

How many of you are ready to invest again and again and how much?

So this is the problem this is why I decided to take an optimal way of solving this.

At that time I expected that the money will be enough but you shouldn't forget that casino always change their software and their camera angle also other details. (by the way looks like now they again started to change live software because rss live already don't work in some casinos)

No they don't do this because they may know something about us but because this is a normal procedure for them.

If I was had a big amount of members who sponsored every month a fixed amount then money wasn't a problem.

Yes I have here such members but only several members ready and able to sponsor every month but such money will not be enough this is why I decided some months ago to continue both projects and to switch from one to another in dependence of the financial status of these projects.

The development is complex and first tests are always done on our side. If there are some other tests then them are to test something ready like was in case of LRA. In all other cases before to deliver something we always have to test any of our ideas and algorithms.

For example now we lost a lot of times with the improvements of algorithm speed for RNG-D.

Also we lost one month only to verify that the main idea was right and we proved this via experiments.

By the begin this wasn't possible because for this was developed a special software and now we know our idea was right from the begin.

In all these cases all is done from the available funds.

I consider that is right to have always an alternative.

So RNG-D will be the alternative for LRA because once I will have some more money I will focus also on it because the results can be used later in any worldwide live casino.
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Saupred
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« Reply #61 on: October 25, 2012, 04:28:40 PM »

Thanks Admin for the a large information. Some things we could to guess how it RNG-D is less expensive. Good to hear that the main objectives are appropriate and allow the to further develop the project. I have a question for the Admin and collected round are still valid. We know that this is not a big problem to collect the right amount again. I wonder whether the module auto-typing has already been written. In general, we look forward to testing the RNG-D.
« Last Edit: October 25, 2012, 06:56:00 PM by Saupred » Logged
shogun
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« Reply #62 on: October 25, 2012, 06:43:13 PM »

Thanks for the information Admin.
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« Reply #63 on: October 25, 2012, 09:39:42 PM »

Admin, thanks for the info, I wanted to ask you if the members who contributed LRA with spins will be included  in RNG-D Project ...  Huh?
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« Reply #64 on: October 25, 2012, 09:48:52 PM »

Thank you Kevin. But when one of projects will be done with success, it will earn enough money for another project. In this case why did you start with more expensive project? (or stoped RNG-D and started with LRA?)
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« Reply #65 on: October 26, 2012, 04:55:40 PM »




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Live Roulette Visual Ballistic Project: Final Stage : Analyze Module Test

« on: July 11, 2012, 12:48:26 PM »

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--------------------------------------------------------------------------------

Hi

I think we got to the stage when we have a real live roulette analyze module capable to suggest the next number will land on live roulette.

I don't want to say that it is capable to suggest always the right number will land because our rounds database is still empty. (less than 1000 rounds)

Yes I know we collected some rounds before but we decided to start this new software from an empty knowledge base and each time the player will play the software will learn from this.

At this time it is still in testing process but I think we need more players to test it.

On our side this software was capable to generate for us profit.

Usually it can make from 100$ to 1000$ and even up to 5000$ in several hours.

It is based on flat betting and the profit it will generate will depend on the bets you will do.

 Hi, first of all, I´m very confused right now, this above text is from July 11th. Some months ago you promised us to start play before christmas,now you come up with some new crap that you start with another project. I think we all beleived in the LRA, but now it´s always some reason, money, sponsors, and all what it is,,, question no1: You say you have some big sponsors, who need to play until christmas. Are these investors playing already? If not, how happy are they right now?
Question no2: You mentioned the investment of 60000 US,the last year, why didn´t you tell us from beginning of that huge amount to invest?
Is it cheaper to start with the RNG project? I´m sorry, but I don´t get it.Well,well somethings is not right here I think, but you can try to ansver if you like, if ya don´t like to answer, it´s ok for me, but anyway I´m not going to shout out: Thanks Admin for the information Shocked
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« Reply #66 on: October 26, 2012, 11:44:41 PM »

trilskfia you invested 100$

I invested in LRA more than 16 000$ during one year if to not talk about our big partner who invested more than 35000$ also about several members who invested 10 times more than you but they knew about the risk also they know what they will get in case of success.

I can't understand who risked more you or me but I can take the risk.

If you think that all these money was collected from our community members then you are wrong.

Only 4% of them was able to contribute and only 1% of them contributed big amounts.

Now just ask yourself where the money come from.

In the last years 66% from MMM sales was redirected always to some of our projects including RNG-D and LRA and I consider this is correct.

On the other hand you should understand me.

When I collected funds for LRA only 5% of our members contributed while the other 95% simple didn't payed attention to this.

Even with such small funds I continued the project and for sure this was possible only due to the help of two MMM big sponsors also with 66% from MMM sales and the money of our big not MMM sponsor.

Now an example: These days Playtech updated Live Roulette. It did this already 4 times and every time I provided all our customers with a free update. I know all think everything should be free but this happen only here. If you will look on other sites then you will see how people sale different versions while here all is free. So just think where the money come from.
« Last Edit: October 26, 2012, 11:51:42 PM by MMM Admin » Logged
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« Reply #67 on: October 27, 2012, 12:30:57 AM »

Finally I can say next RNG-D and LRA both are expensive projects with high risk.

On some time LRA shown us very good results but when we counted how much will cost to adapt this software for each investor and contributor and member of this project then the amount was big.

At this time both projects are on the same level.

RNG-D was developed and will be developed in MMM while LRA will be developed outside of MMM because there are some coders which deal with dynamic image and video processing.

I think is no need to panic when you invested less than 1000$

What then I can say about our big sponsors or about me?

Better to do something and to try everything than to do nothing and to wait for a miracle to happen.
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« Reply #68 on: October 27, 2012, 10:15:24 AM »

Hi
Anyone who wants to know how much people spend on projects mainly in the entertainment industry let the looks in here www.kickstarter.com. Here we have a business projects so a percentage of the risk remains.
« Last Edit: November 16, 2012, 11:10:02 PM by Saupred » Logged
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« Reply #69 on: October 27, 2012, 04:04:57 PM »

I think deep down we all knew the risks involved. Nothing is guaranteed. We took a gamble.
LRA and RNG-D are good ideas and we were right to back Admin.
We should not give up but move on.

Good luck to us all  Smiley
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« Reply #70 on: October 27, 2012, 04:43:58 PM »

Does this mean the projects have finished or just put on hold for now ?
 Undecided
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« Reply #71 on: October 27, 2012, 09:49:56 PM »

Hi all,

Admin say :

Quote
Better to do something and to try everything than to do nothing and to wait for a miracle to happen

I like that  Grin .. & totally agree. Another old saying is that your future is created by what you do today, not tomorrow. Any investment carries potential risk, I do not know of an investment that doesn't.

Shogun says :

Quote
I think deep down we all knew the risks involved. Nothing is guaranteed. We took a gamble.

We sure did..... & we are better off putting it here, rather than on a Roulette table!!. At least through investing in MMM.. things are being learnt, developed & discovered, so that one day, we may see some positive ROI (return on investment) if things go according to plan.

Scudger asks :

Quote
Does this mean the projects have finished or just put on hold for now ?

Reading between the lines, I would say Admin are telling us that LRA is placed on hold due to huge unforseen additional costs having been discovered as the project came through various stages of testing & development. So RNG-D is nowbeen put in front of LRA, due to less investment required to complete it, or at least take it to trail stages of testing.

If RNG-D is successful, then I dare say Admin may choose to invest some of the returns into LRA, once they have recouped development costs. It is a case of pushing forward the most cost effective of the two, to the front of the que in order to generate some return. Unless you do just that, it is like trying to keep water out of a boat full of holes!   Cheesy .

In the end, success will prevail to those of us who are patient enough to wait for some return through on going development with Admin. Cheers everyone  Smiley .
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