Just curious, do people here make use of services like Kingscrowd? I personally found their pricing quite steep. I used to daily visit Hellosharky, run by a guy who does scorecard scoring for free and has great vids on yt (check out the carbon credit & marketplaces ones, great learning!), but he seems to have mostly quit now.
Anyone know much about this company?
The community is a little on the … quiet side!
I like the look of the app though. Can see it really appealing to people, haven’t played any games but if they’re half good this could really take off. A nice side line in branded games from TV shows or Brands would be a good revenue source.
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Yeah, I quite like the look of it and may well invest but need to do a bit of research and maybe download it.
Gave it a try. The games are primarily spin the wheel, scratch card, a raffle and a lottery type. Whether there will be more different types is anyones guess.
I did win £2.50 though, so not all bad 
I guess it will appeal to those who like their gambling. - The spin the wheel conveniently ended up on zero too much for my liking.
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James
Haha, yeah… that’s me.
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I won £1.50 at 20:20 as well 
Not bad seeing as I haven’t even added any money yet.
I’m wondering if everyone wins something to get you hooked
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Yeah, I’m guessing that but if it is secure as they claim then a decent little app for a small saving with a chance of winning the big lotto weekly.
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Funny game, but handing out free money doesnt seem like a solid business model / will be costly to scale…
Freetrade have been handing out free shares worth tens of thousands a week for years. It’s a cheap way to scale providing you can retain the people.
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Theres instances where it can work & not fully aware of how Freetrade did it, but there I think it was limited to one instance only where you would get a random share? In that case, I see that as customer acquisition costs, thats a one off (not sure whether they handed out more on occasions though). In this case, the app seems to promise a constant flow of rewards, which affects net revenue (revenue per customer - prizes per customer); Revolut did GBP 15 per customer of revenue in 2020 and is still burning money. With an even lower number there (subtracting the wins per person) I’m just not sure how they can sustain the banking features and scale. Maybe by adding different revenue sources, like pure gaming, they can add banking services on top of it. But in its current form I just don’t see how this is viable, just my 2 cents 
Have fun spinning btw
Here’s one I’ve been looking at for the past couple of days. It gets 4.4 / 5 rating on KingsCrowd. What do you think? You really can have it all in the palm of your hand 
Seriously though right now it has me very intrigued and potential could be enormous….
PS how’s spin the wheel going 
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First look of it is interesting indeed, I lived in China for a bit and there some supermarkets and vending machine had a similar mechanism with Alipay (face recognition though). In those stores, most people use that feature, maybe this gives some insight that it’ll add value for the consumer. I’m going to do some digging on this one too
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I remember these guys did something similar-ish using veins pattern from your hand. I think they crowdfunded in the past as well.
Looking for your 2nd TrustStamp ;o)
Ha! Indeed and interestingly Trust Stamp are quoted as one of their customers
Interesting. There’s going to be a huge amount of opportunities in this space. The only thing about FinGo that I don’t like is that it looks like it isn’t contactless….
Will have to take a look. Am hoping that Trust Stamp can meet the Nasdaq requirements and start to trade there. They haven’t been able to break the $4 mark much and the current issues with growth stocks won’t help.
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