Appreciate the summary, I didn't join as had meetings so couldn't attend.
Bit weird they would say they want to have a small library of games when they are self proclaiming they are going to be the netflix of gaming and also said to the asx they are demoing 700+ AAA games which aren't licenced.
Would love to see how the response on Crowd1 and being banned/warnings from multiple countries and why they feel it is okay.
Launching into the US this year is interesting as Crowd1 doesn't operate there due to the FTC classifies them as a Ponzi/Pyramid scheme and how the US actually investigates and litigates against these types of schemes such as OneCoin which senior Crowd1 members were involved with and even one of their ambassadors (highest level within Crowd1) had issues from previous representation in the US. I cannot find the actual judgement court case but have included the damages awarded to the individual.
https://www.ftc.gov/public-statements/1998/05/pyramid-schemes
Extract
Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.
https://docs.justia.com/cases/federal/district-courts/north-carolina/ncwdce/3:2015cv00202/78875/8
Let's see if/when they upload the webinar for everyone to view.
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