Bleeding punters

[GhostofTarbera]

Just call them digital warriors/ code ninja’s or such like

Anyhoo, the dev platform is by far the most simple part on the project

Things that will kill you are

Regulations (gambling / PSD2 / FCA etc) + lic to operate in each country offering will take a year (will need a eU company if only have a Uk lic for brexit hedge) + your freedom act passporting application
Payments in and out - each method will cost £100K to implement and each entity wants a bite at the pie
Reconciliations and more importantly safeguarding of clients funds is a complete nightmare as need to be held in physical bank accounts (not digital wallets)

The list is endless

Good luck



Sent from my iPhone using Contractor UK Forum

[courtg9000]

Just call them digital warriors/ code ninja’s or such like

Anyhoo, the dev platform is by far the most simple part on the project

Things that will kill you are

Regulations (gambling / PSD2 / FCA etc) + lic to operate in each country offering will take a year (will need a eU company if only have a Uk lic for brexit hedge) + your freedom act passporting application
Payments in and out - each method will cost £100K to implement and each entity wants a bite at the pie
Reconciliations and more importantly safeguarding of clients funds is a complete nightmare as need to be held in physical bank accounts (not digital wallets)

The list is endless

Good luck



Sent from my iPhone using Contractor UK Forum

Thankfully I am only the advertiser for the deal itself.
The senior investor is fairly seasoned and knows all this anyway. They are a good client of mine. Never any trouble.
The business plan which I have seen is reasonably sound.
Its just the CEO of the platform being a silly about how contractors are advertised for.
Senior investor understandably dosen't want recruitment agencies involved.

[Excursion UK]

Innteresting

What???

Hmm......inneresting

Innteresting split of answers - those who wanted to go out already done so, others (50%) are staying in for a while.

Innteresting

25 times the size of Earth, but with little or no mass? Innteresting.

[elsergiovolador]

Dev team should be so far out of IR35 its unbelievable etc. No problem.

Being a part of the team and part and parcel of the company operations is by definition being caught inside IR35.

[Zigenare]

Thankfully I am only the advertiser for the deal itself.
The senior investor is fairly seasoned and knows all this anyway. They are a good client of mine. Never any trouble.
The business plan which I have seen is reasonably sound.
Its just the CEO of the platform being a silly about how contractors are advertised for.
Senior investor understandably dosen't want recruitment agencies involved.

This Gambling platform, does it involve Gladiators? Asking for a friend, I'm sure you understand.

[courtg9000]

This Gambling platform, does it involve Gladiators? Asking for a friend, I'm sure you understand.

As long as it already holds market I dont care if it involves Chelsea fans, gladiators or transvestites or even worse Aston Villa fans