January, the right path!
We’re back for another edition of the Kineko Monthly Report!
First and foremost, we would like to wish a happy Chinese New Year to those who celebrate!
It’s been a wild couple of weeks in the NFL Playoffs and things have been just as crazy for us here in the KKO front office.
User Volume Pool Distributions
For the month of January, the user volume pool totaled 131948.294 KKO. The funds in this pool are distributed to active users based on their betting activity on site and comes from a portion of rewards from the staking pools. The top three users this month were: bnx2020, dyson, and RectangleRock. They each earned a 27.65%, 17.02%, and 14.78% share of the user volume pool, respectively. Congrats!
While it was a strong month for both the casino and sportsbook, the casino continues to do very well, but it couldn't beat the Sportsbook! We are beyond pleased to announce that the casino turned over $2,069,320.83 and $165,752.53 in profit!
Live Betting Issues
We are aware that there were several issues with the live betting functionality on the website. We apologize for any inconvenience and unpleasant experience it may have caused, but as of now, these issues have been resolved. If you experience any further issues, please reach out to us and we will try to rectify the issue as soon as possible.
As anticipated during our projections from Q3 and Q4, the volume in the sportsbook continues to grow. As mentioned earlier we had a killer month on sports, lots of NFL betting has kept us busy on weekends! We saw $1,565,130.67 in total volume and $173,146.16 in profit.
We have generated partnerships over the course of the last month or so that we couldn’t be more excited about! Just some of the teams we partnered with are:
- Invictus DAO
- Candy Cane DAO
- TheSuites NFT
- Angry DAO
And some of the affiliates we added from the more traditional space are:
- Hella Good Marketing
Results from these partnerships do take time to build momentum, but we should start seeing some rewards for our efforts very soon! We also have more partnerships lined up which is very exciting and a special surprise in the eSports scene to announce too!
At the conclusion of January, we have seen a total turnover of $3,634,451.5 with a total profit of $338,898.69! We are pleased with the trajectory of our project both fundamentally and financially. We appreciate all of our users and our new affiliate partners!
The Kineko team always welcomes constructive feedback and suggestions, so please don’t hesitate to reach out to the team and tell us what you would like to see on the Kineko platform! As always, we want to thank the community and our users for helping us continue to grow into one of the prominent crypto betting platforms.
Betting and Casino: https://kineko.com