HIB$ Token

[AugustaHibs]

https://twitter.com/hibernianfc/status/1450890370339020809?s=21


anyone getting involved?

[Allant1981]

Ive pre registered so will wait and see what happens next

[Billy Whizz]

Did this not get panned on here when it was launched

[DarrenSQH]

Hibs official twitter pushing these NFTs to purchase to Hibs fans through official accounts tonight doesn't sit well with me.

Immediately alot of automatic bot style replies on how this is such good news.

Seems a bit of a scam to me. Hope no good hibees lose there money to it.

also if you question it on twitter be prepared to be inundated with replies how how you are wrong from people with very very few followers. And the followers they do have are associated with sportemongo

[Sir David Gray]

https://twitter.com/hibernianfc/status/1450890370339020809?s=21


anyone getting involved?

I saw this tweet a few minutes ago, I might if I understood what it was.

I had a look at Hibs' FAQs and unfortunately that doesn't take me any further forward - A Fan Token is a valued VIP Fandom membership in the form of a cryptocurrency.

That may as well have been typed up in Swahili.

[HH81]

Hibs hypermarket also out today, what's this about too?

[Mikey_1875]

Can’t really get my head around it or the benefits. The stream of odd accounts on twitter that back it up don’t really inspire confidence in it either.

[Sir David Gray]

Hibs official twitter pushing these NFTs to purchase to Hibs fans through official accounts tonight doesn't sit well with me.

Immediately alot of automatic bot style replies on how this is such good news.

Seems a bit of a scam to me. Hope no good hibees lose there money to it.

also if you question it on twitter be prepared to be inundated with replies how how you are wrong from people with very very few followers. And the followers they do have are associated with sportemongo

I did notice a lot of random accounts commenting on Hibs' tweet within minutes, all of them had the Sportemon Go background on their profile photo.

I must admit it did make me feel a bit suspicious of the whole thing.

[erin go bragh]

Did this not get panned on here when it was launched

It sure did Billy

[SaulGoodman]

Hibs official twitter pushing these NFTs to purchase to Hibs fans through official accounts tonight doesn't sit well with me.

Immediately alot of automatic bot style replies on how this is such good news.

Seems a bit of a scam to me. Hope no good hibees lose there money to it.

also if you question it on twitter be prepared to be inundated with replies how how you are wrong from people with very very few followers. And the followers they do have are associated with sportemongo

Seen that too, I replied saying the instant replies looked a bit suspicious and I come back to 6 notifications full of randoms telling me I should be excited to get involved.

The whole thing reeks, not happy with the club pushing this onto fans.

[Billy Whizz]

Seen that too, I replied saying the instant replies looked a bit suspicious and I come back to 6 notifications full of ransoms telling me I should be excited to get involved.

The whole thing reeks, not happy with the club pushing this onto fans.

100% agree with this. It seems we take money off anyone this weather. Certainly not Hibs class

[bigwheel]

This Is something very different and new to most of us. Another example where the club seems to think more about the commercial opportunities than actually explaining the rationale and engage fans with it….this might be a big part of sports future, but without engaging us about it, it’s only natural it is met with cynicism.


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[Pretty Boy]

I think I'd be less sceptical of this whole thing if there wasn't a rush of people replying to Hibs Twitter with very similarly worded replies about how great it is.

'I thought this wasn't for me then I tried it and I haven't regretted it. Just wait and see this is totally revolutionary and I could not be happier'.

Seems totally legit and natural.

[Radium]

I am clearly not the target audience because all I see is red flags.

A cryptocurrency, held by a third party where I can trade (buy) something that allows me to become a super fan.

A disclaimer that value can go up or down.

A series of bot accounts popping up on Twitter to back it.

You can vote on things

It looks to have been written as part of a school project, paragraph below from the website

“The more tokens a fan holds, and they more they vote, the higher the level of that fan, more tokens, more activity = higher rewards and level achievements until they have access to the biggest VIP benefit offers.”

I am presuming that because it is cryptobabble it is exempt from financial rules on selling investments?

I think that the comment around physical memorabilia makes it look like the end of the programme was linked to this deal.

… you never know the club may have listened and this will be the replacement for loyalty points [emoji2957]

This also appeared on my timeline having been retweeted by Kenny Millar not long after the HIB$ announcement

https://twitter.com/josephmdurso/status/1427888959443587080?s=21


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[90274]

What is Hibs Token?

[Jack]

Martin Lewis, Money saving expert to the masses, who has concerns about Klarna, another recent partnership. If you use it you lose certain consumer rights.

It seems the new regime, in bringing more money to the club, are whooring us for every cent they can get.

Hibs has a proud history of doing the right thing, mostly. I'd hope our current custodian respects that in future.

[Billy Whizz]

Martin Lewis, Money saving expert to the masses, who has concerns about Klarna, another recent partnership. If you use it you lose certain consumer rights.

It seems the new regime, in bringing more money to the club, are whooring us for every cent they can get.

Hibs has a proud history of doing the right thing, mostly. I'd hope our current custodian respects that in future.

I think quite a few Hibs Fans have issues with where we are heading
Whoever signed this off needs to explain this

[DarrenSQH]

Some of the bots now starting to delete their replies.

They must have realised all the same tweets from accounts with single figure followers was being seen through easily

[Allant1981]

Some of the bots now starting to delete their replies.

They must have realised all the same tweets from accounts with single figure followers was being seen through easily

Just seen the tweets and guessing its your post claiming the club have fell for a scam, do you honestly think its a scam or just dont know enough about crypto and how its going to work

[DarrenSQH]

Just seen the tweets and guessing its your post claiming the club have fell for a scam, do you honestly think its a scam or just dont know enough about crypto and how its going to work

The clubs not fell for a scam. They got money to promote the company as any sponsor deal.

It's the fans who pay good money for something that won't physically exist is the scam.

No one apart from sportemongo will make any money from Hib$ tokens.

[Allant1981]

The clubs not fell for a scam. They got money to promote the company as any sponsor deal.

It's the fans who pay good money for something that won't physically exist is the scam.

No one apart from sportemongo will make any money from Hib$ tokens.


You didnt really answer the question, do you know what its about or just guessing and came up with the conclusion that its a scam, genuinely interested as i think i know what its about but not 100%

[SaulGoodman]

You didnt really answer the question, do you know what its about or just guessing and came up with the conclusion that its a scam, genuinely interested as i think i know what its about but not 100%

If it was genuinely a good thing would they need all these bots pretending it’s brilliant?

It’s very shady. Go on any of their profiles and look at their replies. They respond to every and any post involving this “Sportemongo” with cut and paste answers.

[Irish_Steve]

I read it, I am none the wiser. I will be avoiding it, not because I think it's good/bad/a scam - i just don't understand it!

[Allant1981]

If it was genuinely a good thing would they need all these bots pretending it’s brilliant?

It’s very shady. Go on any of their profiles and look at their replies. They respond to every and any post involving this “Sportemongo” with cut and paste answers.

Yip ive been on and the amount of bots replying is mental, but also been on and had a look at the actual company, if you are into crypto more than i am then it might make more sense, i only recently started to get involved in crypto currency so new to it

[007]

Lots of "people" all over this, haven't seen a single genuine fan that's interested. It's a mixture of "people" connected to Sportemongo.

They seem to be trying stir up a lot of "noise" to get people to think they've got to get involved ASAP so they don't miss out. It's a shameful hard sell tactic.

I'm also not keen on some of the smart @rse replies they've given. Use of the word "mate" and they manage to make the thumbs up come across as patronising.

https://i.ibb.co/phcGXMd/IMG-20211020-0004.jpg (https://ibb.co/CPgN0YQ)

https://i.ibb.co/gFLJCnP/IMG-20211020-0002.jpg (https://ibb.co/NndKz4m)

https://i.ibb.co/bQgWjmK/IMG-20211020-0001.jpg (https://ibb.co/n6sgqmL)

https://i.ibb.co/TKGdRPV/IMG-20211020-0005.jpg (https://ibb.co/VHG5DM7)

https://i.ibb.co/7n1QHn8/IMG-20211020-0006.jpg (https://ibb.co/CbH6qbN)

https://i.ibb.co/h9BVDXR/IMG-20211020-0007.jpg (https://ibb.co/YQchpD7)

[SaulGoodman]

Lots of "people" all over this, haven't seen a single genuine fan that's interested. It's a mixture of "people" connected to Sportemongo (I can't say it without it coming out as Support a ....I'll let you work out the rest).

They seem to be trying stir up a lot of "noise" to get people to think they've got to get involved ASAP so they don't miss out. It's a shameful hard sell tactic.

I'm also not keen on some of the smart @rse replies they've given. Use of the word "mate" and they manage to make the thumbs up come across as patronising.


For the record, on the screenshots you posted, I’m the one that said the instant replies were sus and 1 hour later I’m still getting replies from random crypto accounts telling me how great it is.

[gbhibby]

As Karen Dunbars character said in Chewing the Fat, I smell sh***.

[Silky]

It's just laughable. All the robot replies and crap from influences and stuff. Sounds a complete load of bollox. Hib$ token! 😂😂😂. I'll pa$$ on that!

[Radium]

https://uploads.tapatalk-cdn.com/20211020/e34f4d7da6e4a10880379fccd227b3ae.png
https://uploads.tapatalk-cdn.com/20211020/0fe569fe7adafb34ca00bb3a0736710e.png


Health warning with this one year old Twitter account that has made 11 Tweets. Has been going against the tide on the announcement thread ( for a potential bot)

These are replies to Hibs Tweets earlier in the week. The second one is to the Tweet about the B game.

Can someone please tell me that this is fairy tale stuff.

Really conscious that HSL was sunk on launch by claims of a ponzu scheme so if there’s something I am getting wrong can someone explain


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[AliboyFC]

The clubs not fell for a scam. They got money to promote the company as any sponsor deal.

It's the fans who pay good money for something that won't physically exist is the scam.

No one apart from sportemongo will make any money from Hib$ tokens.

Yeh you are pretty much paying for different pixels on your screen. Sounds *****.

[TAHibby]

As Darren so wonderfully used above, big 'Springfield Monorail' vibes from this. I actually hold some crypto but really not sure about NFT and this company Hibs have signed up with, the 100s of bots that the post immediately spawned really does not help. Don't think anyone will be raking it in anytime soon from Hibs tokens and the fan engagement stuff they talk about it just odd

[TAHibby]

https://uploads.tapatalk-cdn.com/20211020/e34f4d7da6e4a10880379fccd227b3ae.png
https://uploads.tapatalk-cdn.com/20211020/0fe569fe7adafb34ca00bb3a0736710e.png


Health warning with this one year old Twitter account that has made 11 Tweets. Has been going against the tide on the announcement thread ( for a potential bot)

These are replies to Hibs Tweets earlier in the week. The second one is to the Tweet about the B game.

Can someone please tell me that this is fairy tale stuff.

Really conscious that HSL was sunk on launch by claims of a ponzu scheme so if there’s something I am getting wrong can someone explain


Sent from my iPhone using Tapatalk

If that's real it speaks for itself really, Ricky Jackson comes up as a co-founder of that company. A quick buck taking advantage of football fans and you're then left with a worthless investment - I could be totally wrong but this is what it looks like to me

[SaulGoodman]

https://uploads.tapatalk-cdn.com/20211020/e34f4d7da6e4a10880379fccd227b3ae.png
https://uploads.tapatalk-cdn.com/20211020/0fe569fe7adafb34ca00bb3a0736710e.png


Health warning with this one year old Twitter account that has made 11 Tweets. Has been going against the tide on the announcement thread ( for a potential bot)

These are replies to Hibs Tweets earlier in the week. The second one is to the Tweet about the B game.

Can someone please tell me that this is fairy tale stuff.

Really conscious that HSL was sunk on launch by claims of a ponzu scheme so if there’s something I am getting wrong can someone explain


Sent from my iPhone using Tapatalk

So any Hibs fan that buys into this is basically lining the pockets of the members of this WhatsApp sportemon go group.

Would be interested to see if Hibs have done any deep research on this, or are they going on the word of the founder?

[matty_f]

You’d have to hope that Hibs would have carried out due diligence before getting into something like this, but it’s not a good look to kick off with, is it?

[Eyrie]

Certainly not Hibs class.

[bingo70]

You’d have to hope that Hibs would have carried out due diligence before getting into something like this, but it’s not a good look to kick off with, is it?

Do they not sponsor a number of sports teams around the world?

Can’t remember where but sure I read they were involved in other sports. Possibly in America?

[Peevemor]

Why are people getting so humpty about this?

I've read through the stuff on the official site and then pretty much the same stuff on the sportemongo site.

All that's being offered is access to some quizzes, forums, etc. as part of an online community as well as the possibility of winning signed merchandise, match tickets & other fan stuff.

There's absolutely no mention of investment, making money or getting rich quick.

I won't be subscribing as, even for a tenner, there's nothing that really interests me. As for splashing out £100, I doubt they'll get any takers apart from maybe 1 or 2 bored very well off supporters who won't miss it anyway. In saying that, if they start offering decent prizes (eg. hospitality) regularly enough then maybe that might entice people - and why not?

I don't really do Twitter but I understand that the bots might look suspect, but are they really going to persuade anyone who can't afford it to pile money in?

[CMurdoch]

100% agree with this. It seems we take money off anyone this weather. Certainly not Hibs class

It reeks of a lack of class.
Wind and pish and little information.

[Centre Hawf]

Why are people getting so humpty about this?

I've read through the stuff on the official site and then pretty much the same stuff on the sportemongo site.

All that's being offered is access to some quizzes, forums, etc. as part of an online community as well as the possibility of winning signed merchandise, match tickets & other fan stuff.

There's absolutely no mention of investment, making money or getting rich quick.

I won't be subscribing as, even for a tenner, there's nothing that really interests me. As for splashing out £100, I doubt they'll get any takers apart from maybe 1 or 2 bored very well off supporters who won't miss it anyway. In saying that, if they start offering decent prizes (eg. hospitality) regularly enough then maybe that might entice people - and why not?

I don't really do Twitter but I understand that the bots might look suspect, but are they really going to persuade anyone who can't afford it to pile money in?


I've raised my concerns with this when the deal was first announced and every time I see anything to do with this deal it confirms my fears more and more.

The issue I have here is that Sportemongo are most likely going to be selling these NFT's to crypto/NFT heads that then flip them for a profit onto Hibs fans at an inflated price, the previous screenshot all but confirms that. The whole thing is a pyramid scheme of the highest order.

I'm really disappointed in the club going down this route and I still beg of anyone at the club reading this to do some more due diligence before Hibs fans are conned out of their hard earned money.

[SaulGoodman]

Why are people getting so humpty about this?

I've read through the stuff on the official site and then pretty much the same stuff on the sportemongo site.

All that's being offered is access to some quizzes, forums, etc. as part of an online community as well as the possibility of winning signed merchandise, match tickets & other fan stuff.

There's absolutely no mention of investment, making money or getting rich quick.

I won't be subscribing as, even for a tenner, there's nothing that really interests me. As for splashing out £100, I doubt they'll get any takers apart from maybe 1 or 2 bored very well off supporters who won't miss it anyway. In saying that, if they start offering decent prizes (eg. hospitality) regularly enough then maybe that might entice people - and why not?

I don't really do Twitter but I understand that the bots might look suspect, but are they really going to persuade anyone who can't afford it to pile money in?

IMO, it’s a thinly veiled cryptocurrency pyramid scheme, they’ll sell the currency to their members before the “Hibs fan token” is released to the public. Hibs fans will then buy these (hopefully not many!) with some vague promise that they will be entered into competitions etc. This will push the price of their currency up and they’ll sell it when it’s high and disappear onto their next target.

Personally I think the clubs being taken for a ride here.

[BegbieHSC]

I’m absolutely clueless.

I’m not gonna write off an official partner of our club as scammers, and if they’re giving us good money to have their name on the back of our shirts, brilliant. But frankly, I have no idea about crypto*****, and I really have no interest in finding out. I just wanna know when the Macaroni pies are gonna be back in stock in the East.

[Peevemor]

I've raised my concerns with this when the deal was first announced and every time I see anything to do with this deal it confirms my fears more and more.

The issue I have here is that Sportemongo are most likely going to be selling these NFT's to crypto/NFT heads that then flip them for a profit onto Hibs fans at an inflated price, the previous screenshot all but confirms that. The whole thing is a pyramid scheme of the highest order.

I'm really disappointed in the club going down this route and I still beg of anyone at the club reading this to do some more due diligence before Hibs fans are conned out of their hard earned money.

How are supporters going to get conned? Only those interested in investing in NFTs/crypto might be tempted, and if they weren't doing it on these hib$ things they'd be doing it elsewhere anyway.

[Peevemor]

IMO, it’s a thinly veiled cryptocurrency pyramid scheme, they’ll sell the currency to their members before the “Hibs fan token” is released to the public. Hibs fans will then buy these (hopefully not many!) with some vague promise that they will be entered into competitions etc. This will push the price of their currency up and they’ll sell it when it’s high and disappear onto their next target.

Personally I think the clubs being taken for a ride here.

Taken for a ride how?

[Peevemor]

I’m absolutely clueless.

I’m not gonna write off an official partner of our club as scammers, and if they’re giving us good money to have their name on the back of our shirts, brilliant. But frankly, I have no idea about crypto*****, and I really have no interest in finding out...

I'm the same and I don't have money to waste on it either.

But I haven't seen anything in the blurb that worries me.

[SaulGoodman]

Taken for a ride how?

I said why I thought that in the first paragraph of the post you quoted.

[Ozyhibby]

If you are the sort of person who love buying Hibs memorabilia and you can afford it then knock yourself out. It’s no mor frivolous than most memorabilia.
However, if you think that this is some kind of investment, get a grip. Save your money.


Sent from my iPhone using Tapatalk

[Centre Hawf]

How are supporters going to get conned? Only those interested in investing in NFTs/crypto might be tempted, and if they weren't doing it on these hib$ things they'd be doing it elsewhere anyway.

Maybe many will be. But I don't think Hibs fans should be taken advantage of through the use of the clubs name. It's crass and irresponsible from the clubs perspective in my opinion. We chose not to have gambling sponsors for ethical reasons and this basically gambling as well.

To answer your question about how supporters are being conned you need only look at the screenshot posted previously and what others have said, they've already started selling these things to their own members before it goes to Hibs fans. That's how this scam works, the company makes their money by selling to their own close market/circle of NFT people, who will then make even less money by selling them to those of us who are interested in getting involved with something to do with Hibs. The only difference is after a Hibs fan buys these things they have no one to get rid of it to and are stuck with something that is effectively worth nothing.

Rinse and repeat onto the next club, athlete, or sport. Pyramid scheme.

[Peevemor]

Maybe many will be. But I don't think Hibs fans should be taken advantage of through the use of the clubs name. It's crass and irresponsible from the clubs perspective in my opinion. We chose not to have gambling sponsors for ethical reasons and this basically gambling as well.

To answer your question about how supporters are being conned you need only look at the screenshot posted previously and what others have said, they've already started selling these things to their own members before it goes to Hibs fans. That's how this scam works, the company makes their money by selling to their own close market/circle of NFT people, who will then make even less money by selling them to those of us who are interested in getting involved with something to do with Hibs. The only difference is after a Hibs fan buys these things they have no one to get rid of it to and are stuck with something that is effectively worth nothing.

Rinse and repeat onto the next club, athlete, or sport. Pyramid scheme.

Just now people can join the online community for £10. Would anyone be looking to get that back?

I think there's a lot of over reaction here.

[Peevemor]

I said why I thought that in the first paragraph of the post you quoted.So someone pays their £10 and gets access to some online quizzes, etc. and maybe even a prize draw for a signed top.

Are they being taken for a ride?

[SaulGoodman]

So someone pays their £10 and gets access to some online quizzes, etc. and maybe even a prize draw for a signed top.

Are they being taken for a ride?

That remains to be seen. All of this is in my opinion but I don’t think anyone that buys into it will see much of any prize draw.

I’m also more concerned about what goes on when you scratch beneath the surface. Let’s not beat around the bush, prize draws and hibs quizzes are not the main attraction for most people that buy into this, it’s the tradeable cryptocurrency that they’re really interested in.

[Centre Hawf]

Just now people can join the online community for £10. Would anyone be looking to get that back?

I think there's a lot of over reaction here.

Where does it say that? All I've seen is you may win £10 worth of this crypto currency if you join the presale. I can almost assure you any purchase of a fan token will involve more than just £10 to get involved in some competitions for fans.

[Peevemor]

That remains to be seen. All of this is in my opinion but I don’t think anyone that buys into it will see much of any prize draw.

I’m also more concerned about what goes on when you scratch beneath the surface. Let’s not beat around the bush, prize draws and hibs quizzes are not the main attraction for most people that buy into this, it’s the tradeable cryptocurrency that they’re really interested in.If so they'll do it anyway, whether it's this scheme or another.

[007]

IMO, it’s a thinly veiled cryptocurrency pyramid scheme, they’ll sell the currency to their members before the “Hibs fan token” is released to the public. Hibs fans will then buy these (hopefully not many!) with some vague promise that they will be entered into competitions etc. This will push the price of their currency up and they’ll sell it when it’s high and disappear onto their next target.

Personally I think the clubs being taken for a ride here.

And the winner of the hospitality for 2 is Twitterbot363574 who is going to take Microsoft's "Do you need help?" Paperclip as his guest.

[Peevemor]

Where does it say that? All I've seen is you may win £10 worth of this crypto currency if you join the presale. I can almost assure you any purchase of a fan token will involve more than just £10 to get involved in some competitions for fans.You're right - I stand corrected.

I didn't see anything to make me want to part with even £10 so any more certainly wouldn't interest me - I honestly can't see people being roped into this for any supporter perks.

As I posted above, if folk want to do Crypto they'll do it regardless.

[SaulGoodman]

If so they'll do it anyway, whether it's this scheme or another.

No doubt. But it comes back to the fact I don’t like every Hibs tweet on the matter being swarmed with people telling perhaps more easily swayed Hibs fans that this is going to be brilliant for them and they should buy into it.

[Radium]

Just now people can join the online community for £10. Would anyone be looking to get that back?

I think there's a lot of over reaction here.

It’s a moral compass question.

I think Hibs are promoting a third party investment scheme. It is unregulated so little protection for fans who invest. There’s little indication of how much you have to pay to get anything meaningful (which is pretty undefined at the moment). It is not the type of partner we should have chosen.


Sent from my iPhone using Tapatalk

[Peevemor]

No doubt. But it comes back to the fact I don’t like every Hibs tweet on the matter being swarmed with people telling perhaps more easily swayed Hibs fans that this is going to be brilliant for them and they should buy into it.Fair enough.

I'm not enamoured by the thing either TBH, but I'm not going to lose sleep over it either.

For me the likes of McEwan Fraser were far more predatory.

[Peevemor]

It’s a moral compass question.

I think Hibs are promoting a third party investment scheme. It is unregulated so little protection for fans who invest. There’s little indication of how much you have to pay to get anything meaningful (which is pretty undefined at the moment). It is not the type of partner we should have chosen.


Sent from my iPhone using TapatalkIt's not being promoted as an investment though and there's no mention of making profit.

[AugustaHibs]

I said why I thought that in the first paragraph of the post you quoted.

Don’t waste your time.

[Peevemor]

Don’t waste your time.We're having a reasonable discussion. You can join in if you have anything of interest to add.

[AugustaHibs]

We're having a reasonable discussion. You can join in if you have anything of interest to add.

It’s not reasonable when it’s completely blinkered.

[Peevemor]

It’s not reasonable when it’s completely blinkered.Is it, aye?

[Centre Hawf]

It's not being promoted as an investment though and there's no mention of making profit.

"Inhouse Exchange


HIB$ Tokens can be traded on the SGO in-house exchange against HIB$, providing liquidity, value, credibility and more utility purpose. Other exchanges may be used for the launch and to further extend the offering in the initial growth stages."

"Please note there may be a minimum limit on withdrawals and remember that the price of your HIB$ Fan Token is dependent on supply or demand, it can therefore go up as well as down."

Admittedly they do say you should "cherish" your Hibs Token and not want to sell it, but it sounds like a potential investment to me.

[Purple & Green]

Why are people getting so humpty about this?

I've read through the stuff on the official site and then pretty much the same stuff on the sportemongo site.

All that's being offered is access to some quizzes, forums, etc. as part of an online community as well as the possibility of winning signed merchandise, match tickets & other fan stuff.

There's absolutely no mention of investment, making money or getting rich quick.

I won't be subscribing as, even for a tenner, there's nothing that really interests me. As for splashing out £100, I doubt they'll get any takers apart from maybe 1 or 2 bored very well off supporters who won't miss it anyway. In saying that, if they start offering decent prizes (eg. hospitality) regularly enough then maybe that might entice people - and why not?

I don't really do Twitter but I understand that the bots might look suspect, but are they really going to persuade anyone who can't afford it to pile money in?

Why the need for crypto? It seems an unnecessary layer to the transaction?

[Radium]

It's not being promoted as an investment though and there's no mention of making profit.

Can be traded and price can go up or down.

https://uploads.tapatalk-cdn.com/20211020/6a093cf58053dfbfea43e6fde27cbd45.png
… sure it will suit if you don’t trade as it will likely expose that there’s no market.


Sent from my iPhone using Tapatalk

[Peevemor]

"Inhouse Exchange


HIB$ Tokens can be traded on the SGO in-house exchange against HIB$, providing liquidity, value, credibility and more utility purpose. Other exchanges may be used for the launch and to further extend the offering in the initial growth stages."

"Please note there may be a minimum limit on withdrawals and remember that the price of your HIB$ Fan Token is dependent on supply or demand, it can therefore go up as well as down."

Admittedly they do say you should "cherish" your Hibs Token and not want to sell it, but it sounds like a potential investment to me.They're saying that the token can be traded and it's value can go up or down.

For me it's not being presented as a money making opportunity.

Anyway, it looks like I'm sticking up for something that I actually think is pretty crap. I simply think that the whole 'it's a scam' - "fans being ripped" off thing is being overdone. There's nothing to entice folk to part with big sums of cash, that is unless they want to gamble on some crypto anyway.

[90274]

This looks like a load of complete nonsense. Don't understand why anyone would even think about spending money on this.

https://morioh.com/p/6e9e4309c3ae

[Peevemor]

Why the need for crypto? It seems an unnecessary layer to the transaction?Because as people who understand these things better than me are pointing out, that's what the whole thing is really about, with the football supporter angle being stuck on to attract different money.

However, the fan enticements/benefits will have to be a lot better and more clearly defined before anyone will part with their hard-earned IMO.

[Centre Hawf]

They're saying that the token can be traded and it's value can go up or down.

For me it's not being presented as a money making opportunity.

Anyway, it looks like I'm sticking up for something that I actually think is pretty crap. I simply think that the whole 'it's a scam' - "fans being ripped" off thing is being overdone. There's nothing to entice folk to part with big sums of cash, that is unless they want to gamble on some crypto anyway.

You're right that it's not being presented as a money making opportunity through the Club itself, but I'll try and explain in some quick details as why I think this is an actual scam for not just normal supporters but actual crypto/NFT people who are aware of the potential to make money on these things.

SportemonGo opened earlier this year and if you analyse their own crypto (SGO) value chart it took a massive spike in value in late August, just 10 or so days before we announced the partnership with them. Recently the value of it has began to go down and with more volume being traded with newer purchasers of the crypto. Basically the value has been inflated and is now being peddled onto newer people joining in with them with the previous owners of the currency selling it at rapid pace.

Having a look at the current state of ownership of SGO 60% of the entire value of the coin is owned by just 5 separate wallets (could be five people but there is no way to know that someone doesn't own multiple or all of them).

In my opinion this company is over inflating the coins value to scam NFT/Crypto people using Hibs as a platform to do so. It's a double whammy of a scam and the clubs name is being attached to it.

[Peevemor]

You're right that it's not being presented as a money making opportunity through the Club itself, but I'll try and explain in some quick details as why I think this is an actual scam for not just normal supporters but actual crypto/NFT people who are aware of the potential to make money on these things.

SportemonGo opened earlier this year and if you analyse their own crypto (SGO) value chart it took a massive spike in value in late August, just 10 or so days before we announced the partnership with them. Recently the value of it has began to go down and with more volume being traded with newer purchasers of the crypto. Basically the value has been inflated and is now being peddled onto newer people joining in with them with the previous owners of the currency selling it at rapid pace.

Having a look at the current state of ownership of SGO 60% of the entire value of the coin is owned by just 5 separate wallets (could be five people but there is no way to know that someone doesn't own multiple or all of them).

In my opinion this company is over inflating the coins value to scam NFT/Crypto people using Hibs as a platform to do so. It's a double whammy of a scam and the clubs name is being attached to it.Possibly, but surely people willing to spend decent money, ie. those looking to invest in crypto, will be aware of this and give it a miss?

[tmb1875]

Did Ben kensell not get himself into some bother with Norwich fans over something similar or am I getting my wires crossed?


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[Centre Hawf]

Possibly, but surely people willing to spend decent money, ie. those looking to invest in crypto, will be aware of this and give it a miss?

Maybe they will. But does that make it okay that Hibs are involved with it?

Some may not notice the things I've posted, does that make it okay for them to be scammed? It's okay being aware that your investment can fall flat but at least with many other crypto avenues you have a reasonably fair chance, this isn't a fair chance in my opinion. This is a rigged game.

[MWHIBBIES]

Just avoid this. Red flags all over it as others have pointed out. Hibs should know better.

[St.Kristopher]

Fair enough.

I'm not enamoured by the thing either TBH, but I'm not going to lose sleep over it either.

For me the likes of McEwan Fraser were far more predatory.

Crypto is a new way to lose or gain money though it's a personal choice. Is it worse than, Carlsberg, Eden Mill and Marathon (even Utilita in recent times)?

As it stands, we are HFC, not HCF. Unlike the Hearts, we didn't back the club through our contributions. So we are where we are. In order to compete, we need partners.

On the one hand, we are aiming to be the greenest club (probably the biggest contribution to our world at present) on the other we need to increase revenue. I'm sure every strategic partner could be scrutinised for impropriety one way or another.

I hope no one loses meaningful money on this. I hope hibs pocket some cash and a few people enjoy some quizzes. Though it seems the newness of this revenue is being vilified rather than the actual platform.

[bigwheel]

Here’s an interesting article, suggesting that this type of thing is a deliberate future strategy for these crypto exchanges and football (sports) clubs….

This could be the first step of a new way of extracting money from fans…


https://www.sports.legal/2021/03/the-future-of-sports-cryptocurrencies-and-blockchain-technology/


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[Since452]

I'm going to buy for the novelty. Nobody is asking anyone to put their life savings into anything. I'll spend the equivalent of 5 programmes on it 😉

[Chuck Rhoades]

Taken for a ride how?

He’s literally told you in the post you’ve quoted. Why do you feel the need to troll and go against the consensus on every thread?

[Chuck Rhoades]

If so they'll do it anyway, whether it's this scheme or another.

That’s a broad assumption to make. Do you not believe people may step into this market for the first time due to their affiliation with Hibs?

[Peevemor]

He’s literally told you in the post you’ve quoted. Why do you feel the need to troll and go against the consensus on every thread?

Every thread?

Do you know what trolling means? If you did you wouldn't accuse me of it. Who do you think you are to judge me in any case?

If you read my posts I've said that I'm not enamoured by the scheme and it certainly doesn't interest me enough to part with any money. I'm only saying that it's not as disgraceful that some are making out.

I thought it was a place for discussion - I like to form my own opinions and won't just jump in when I see a pile-on.

[Gatecrasher]

So in short, Hibs are trying to scam us.

[Peevemor]

That’s a broad assumption to make. Do you not believe people may step into this market for the first time due to their affiliation with Hibs?

It may well tempt people that weren't previously interested, but I'd hope that anyone looking to make any sort of decent investment would either take advice or at least read up on the different options on offer.

Personally, I'm not about to go for a back, sack & crack just because of who sponsors Hibs.

[Zambernardi1875]

People should Join the telegram group to ask them about the Hibs token

[bigwheel]

The thing I don’t like about this , is that it will inevitably , to drive traffic , end up having Hibs content, that you can’t get anywhere else. The club will get involved to enable it . It is a further step to more multi tiered relationships with fans. Those with money to spend , sponsorships, investments get more access than those without . It’s already there of course, but there has been an increase in this with the new owners and this type of deal signals more is to come …

[bigwheel]

People should Join the telegram group to ask them about the Hibs token

What does it say ??

[Zambernardi1875]

The minimum buy for hibs fans will be £50, we will be entering them into £100k of prize pool , plus they will get a free allocation of tokens ( limited supply), at the end of the day this is a never expiring benefits program as long as they hold , and the more you have the more chance you will have of getting these prizes/experiences . Remember for a fan this is about owning part of the club, not a trading entity

[bigwheel]

The minimum buy for hibs fans will be £50, we will be entering them into £100k of prize pool , plus they will get a free allocation of tokens ( limited supply), at the end of the day this is a never expiring benefits program as long as they hold , and the more you have the more chance you will have of getting these prizes/experiences . Remember for a fan this is about owning part of the club, not a trading entity

It’s not equity though..it’s owning a “virtual” part of the club …

[Zambernardi1875]

It’s not equity though..it’s owning a “virtual” part of the club …

Sorry that was a copy n paste from the guy on telegram. It’s another cryptocurrency that they and anyone can buy cheap pre sale then sell for a profit after it goes public. With the thought Hibs fans will keep it for “experiences” reminds me years ago of the Scotcoin and I’ve no idea why Hibs are getting involved in this. Hibs could easily have a £5-10 monthly subscription going towards the club with the same “experiences” as prizes each month

[bigwheel]

Sorry that was a copy n paste from the guy on telegram. It’s another cryptocurrency that they and anyone can buy cheap pre sale then sell for a profit after it goes public. With the thought Hibs fans will keep it for “experiences” reminds me years ago of the Scotcoin and I’ve no idea why Hibs are getting involved in this. Hibs could easily have a £5-10 monthly subscription going towards the club with the same “experiences” as prizes each month

Ah. Cheers - They could have set up a relationship with HSL….yet they go down this route …something feels off about a few things the club are doing currently. This is one .

[Yorkshire HFC]

It’s a moral compass question.

I think Hibs are promoting a third party investment scheme. It is unregulated so little protection for fans who invest. There’s little indication of how much you have to pay to get anything meaningful (which is pretty undefined at the moment). It is not the type of partner we should have chosen.


Sent from my iPhone using Tapatalk

Yes- the sooner Hibs get back to promoting gambling and boozing the better!

[franck sauzee]

Glad that the vast majority on here are seeing this for what it is. I had a look into this months ago and the only way there could be any value in owning Hibs NFTs would be if you owned the IP with that which you don't. So you're paying for absolutely zero basically and worse than that they schemes have been notorious for pump and dumps. Some very poor decisions coming out of Hibs lately

[Pretty Boy]

So in short, Hibs are trying to scam us.

Hibs aren't.

The screenshot from the Sportemongo chat group suggests people on there might be.

Selling something that is totally desirable and above baord to us as fans yet it needs a pre pre launch and it wouldn't be a good idea to go into the fans 'environment' too early.

Even the most naive person in the world must hear a few alarm bells with that.

Let's be honest football fans will buy things they otherwise wouldn't because of that affiliation. I doubt many Hibs fans would have been investing in a business who's interests included an unsuccessful sports club and wine bars in Bath in the late 80s had there not been some emotional connection. Ditto Hearts and Rangers fans and their various share issues down the years.

[Peevemor]

Hibs aren't.

The screenshot from the Sportemongo chat group suggests people on there might be.

Selling something that is totally desirable and above baord to us as fans yet it needs a pre pre launch and it wouldn't be a good idea to go into the fans 'environment' too early.

Even the most naive person in the world must hear a few alarm bells with that.

Let's be honest football fans will buy things they otherwise wouldn't because of that affiliation. I doubt many Hibs fans would have been investing in a business who's interests included an unsuccessful sports club and wine bars in Bath in the late 80s had there not been some emotional connection. Ditto Hearts and Rangers fans and their various share issues down the years.

You're really stretching it with that comparison. Its not at all the same thing.

[Purple & Green]

Sorry that was a copy n paste from the guy on telegram. It’s another cryptocurrency that they and anyone can buy cheap pre sale then sell for a profit after it goes public. With the thought Hibs fans will keep it for “experiences” reminds me years ago of the Scotcoin and I’ve no idea why Hibs are getting involved in this. Hibs could easily have a £5-10 monthly subscription going towards the club with the same “experiences” as prizes each month

Or HSL

[CL0762]

I may be mistaken but cryptocurrency requires a lot of online ‘mining’ which has been seen to be incredibly bad for the environment.

Yet we are proclaiming to be the ‘greenest club in Scotland’?

Wouldn’t touch this stuff with a barge pole.

[Zambernardi1875]

Or HSL

Yes absolutely. Do exactly the same thing through HSL with monthly prizes and photos of the winners to show everyone there is a chance if you pay the £5-10 whatever a month. With it all going back to the club. This spormago thing seems a relatively new company and I see no reason why Hibs are going down this route.

[matty_f]

You're really stretching it with that comparison. Its not at all the same thing.

It’s a fair point, imho - football fans will spend money on their club even for emotional reasons rather than logical ones.

[Smartie]

It’s a fair point, imho - football fans will spend money on their club even for emotional reasons rather than logical ones.

…and for that reason they are, in a sense, vulnerable and need to be treated with a bit of respect by the club.

I’m not impressed with this move.

I know not to touch this with a barge pole but I fear we have others (fans who have a different relationship with the club) and who could be taken for a ride.

[CMurdoch]

So in short, Hibs are trying to scam us.

No, they hand us over to their sponsors in exchange for money and then the sponsors try to make money out of us.
We are in essence whored out to make money for the club.

[Sean1875]

All this NFT and Crypto ***** is pretty brutal for the environment and only getting worse. Not happy to see we're getting into partnerships with these companies - we are "Scotlands greenest club" though remember :rolleyes:

[CMurdoch]

The thing I don’t like about this , is that it will inevitably , to drive traffic , end up having Hibs content, that you can’t get anywhere else. The club will get involved to enable it . It is a further step to more multi tiered relationships with fans. Those with money to spend , sponsorships, investments get more access than those without . It’s already there of course, but there has been an increase in this with the new owners and this type of deal signals more is to come …

That multi tiering started a long time ago with the changing from the same admission price for all to multi tiered pricing depending on where you sit.
I called it on here at the time as a sign of things to come.
Few were bothered and now far more of that wedge is showing.

[bigwheel]

That multi tiering started a long time ago with the changing from the same admission price for all to multi tiered pricing depending on where you sit.
I called it at the time as a sign of things to come.
Far more of the wedge is now beginning to show.

Yep. Agreed. Definitively a strategy to differentiate and price accordingly

[CMurdoch]

All this NFT and Crypto ***** is pretty brutal for the environment and only getting worse. Not happy to see we're getting into partnerships with these companies - we are "Scotlands greenest club" though remember :rolleyes:

Self proclaimed, image cultivation and predictably has a commercial partner who i presume do the work on the cheap in exchange for publicity, partnership and ads.
Forest Green Rovers we are not.

[Gatecrasher]

No, they hand us over to their sponsors in exchange for money and then the sponsors try to make money out of us.
We are in essence whored out to make money for the club.

The club chose to accept this as a club partner and are actively promoting this on the club Web site. That makes them as culpable imo.

[CMurdoch]

Yep. Agreed. Definitively a strategy to differentiate and price accordingly

Not sure what folk expected when the commercial section at HIbs grew and the football side shrunk.
Hibs are all about marketing and selling now and everything is for sale including the supporters.
It's why I think the Director of Football Mathie was sacked i.e. failing to sell Doig for big bucks.
The breakaway 5 scheme of the 4 America based owners plus Hearts businessman is all about chasing money.
Sad to say we are now first and foremost aggressive money chasers.
Strangely the only money they haven't chased is that of HSL, I presume because the owner wants complete control.

[bigwheel]

Not sure what folk expected when the commercial section at HIbs grew and the football side shrunk.
Hibs are all about marketing and selling now and everything is for sale including the supporters.
It's why I think the Director of Football Mathie was sacked i.e. failing to sell Doig for big bucks.
The breakaway 5 scheme of the 4 America based owners plus Hearts businessman is all about chasing money.
Sad to say we are now first and foremost aggressive money chasers.
Strangely the only money they haven't chased is that of HSL, I presume because the owner wants complete control.

You’ve certainly got it right with that last point …wonder why they didn’t try to direct HSL to this mechanism ?

[Peevemor]

It’s a fair point, imho - football fans will spend money on their club even for emotional reasons rather than logical ones.

But Duff & Gray sold us the share issue/Avon Inns deal on both emotional the logical fronts.

The hotels and pubs were to be owned by Hibs which was to bring in loads of additional income and take us to the next level - sorted! At that time we didn't have access to as much (any) information on line to check out the companies or people involved.

I don't see how that compares with individuals buying NFTs & crypto from a third party.

[bigwheel]

But Duff & Gray sold us the share issue/Avon Inns deal on both emotional the logical fronts.

The hotels and pubs were to be owned by Hibs which was to bring in loads of additional income and take us to the next level - sorted! At that time we didn't have access to as much (any) information on line to check out the companies or people involved.

I don't see how that compares with individuals buying NFTs & crypto from a third party.

You’re right - it was better ! At least we got a stake in physical assets then…

[CMurdoch]

The club chose to accept this as a club partner and are actively promoting this on the club Web site. That makes them as culpable imo.

The club will accept almost anyone as a partner if they hand over money.
The bottom line for the commercial department is bringing in as much money as possible.
Ron & CEO will check how much money they are bringing in against their expectations and how much they cost to employ and will reward them if they are in the money and sack them if they are not.
They would like to be sponsored by Aston Martin and Seiko but might have to go with Manscape and this latest bollocks.

[Pretty Boy]

The club will accept almost anyone as a partner if they hand over money.
The bottom line for the commercial department is bringing in as much money as possible.
Ron and the CEO will check how much money they are bringing in against how much they cost to employ and will reward them if they are in the money and sack them if they are not.
They would like to be sponsored by Aston Martin and Seiko but might have to go with Manscape and this latest bollocks.

:greengrin

[JohnMcM]

The club will accept almost anyone as a partner if they hand over money.
The bottom line for the commercial department is bringing in as much money as possible.
Ron and the CEO will check how much money they are bringing in against how much they cost to employ and will reward them if they are in the money and sack them if they are not.
They would like to be sponsored by Aston Martin and Seiko but might have to go with Manscape and this latest bollocks.

Hang on mate, keep your hair on :greengrin

[JohnMcM]

:greengrin

Ah! You saw it too then:wink:

[matty_f]

The club will accept almost anyone as a partner if they hand over money.
The bottom line for the commercial department is bringing in as much money as possible.
Ron and the CEO will check how much money they are bringing in against how much they cost to employ and will reward them if they are in the money and sack them if they are not.
They would like to be sponsored by Aston Martin and Seiko but might have to go with Manscape and this latest bollocks.

It’s not true, Hibs rejected big sponsorship deals for front of shirt from companies that didn’t fit with the club.

[matty_f]

But Duff & Gray sold us the share issue/Avon Inns deal on both emotional the logical fronts.

The hotels and pubs were to be owned by Hibs which was to bring in loads of additional income and take us to the next level - sorted! At that time we didn't have access to as much (any) information on line to check out the companies or people involved.

I don't see how that compares with individuals buying NFTs & crypto from a third party.
I don’t think that’s why PB mentioned it though, he was just highlighting how football fans and their cash are easily parted.

[Not In The Know]

They should have called it Doidge Coin.

[Radium]

They should have called it Doidge Coin.

https://uploads.tapatalk-cdn.com/20211021/697a2073c02f1110a0120a101f34d933.png


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[superfurryhibby]

Does anyone know anyone who is buying into all of this? I certainly don't, although I suppose the demographic of my friendship group is probably not where any of this is aimed.

[Irish_Steve]

Crypto currency pyramid schemes - have a listen to this - https://www.bbc.co.uk/programmes/p07nkd84/episodes/player

[bigwheel]

They should have called it Doidge Coin.

[emoji38][emoji122]

[Langlee Hibs]

Any one else totally lost with all this? A 'whoosh' moment if ever there was!
And for that reason..... I'm out!

[CMurdoch]

:greengrin

Never Mind The Bollocks, Heres The Ron

[CMurdoch]

Hang on mate, keep your hair on :greengrin

Manscape says get the weed wacker out :wink:

[WhileTheChief..]

Here’s an interesting article, suggesting that this type of thing is a deliberate future strategy for these crypto exchanges and football (sports) clubs….

This could be the first step of a new way of extracting money from fans…


https://www.sports.legal/2021/03/the-future-of-sports-cryptocurrencies-and-blockchain-technology/


Sent from my iPad using Tapatalk

That's a decent article.

There's an awful lot of scaremongering on this thread that could be avoided if people read it.

Extracting money from fans is a strange take on it though!

Seems to me like because we don't understand it, we've jumped straight to 'it must be a scam'.

I don't see it that way at all. They're a sponsor, nothing more than that.

I don't think I've ever been influenced by who our sponsors are, so if they're happy to give us some cash in the hope i buy something from them, they can crack on!

[CMurdoch]

It’s not true, Hibs rejected big sponsorship deals for front of shirt from companies that didn’t fit with the club.

From who and when?

[ScottB]

This stuff can **** off.

If people have concerns about the club being associated with gambling firms, these are worse. Existing in a legal no mans land where they are able to assure people they’ll do nothing but make money is an utter nonsense.

The swarm of crypto bots on any post about this just reinforces the point. Yeah, people will make money out of this, no, it won’t be fans.

[Peevemor]

That's a decent article.

There's an awful lot of scaremongering on this thread that could be avoided if people read it.

Extracting money from fans is a strange take on it though!

Seems to me like because we don't understand it, we've jumped straight to 'it must be a scam'.

I don't see it that way at all. They're a sponsor, nothing more than that.

I don't think I've ever been influenced by who our sponsors are, so if they're happy to give us some cash in the hope i buy something from them, they can crack on!

That's the way I see it. We've had shirt sponsors in the past that weren't ideal - Marathonbet are in the business of keeping more money than they give back, McEwan Fraser provided a service while at the same time taking advantage of people's financial difficulties, not to mention our bevvy of alcohol sponsors. Half of Edinburgh would have told you that Frank Graham (RIP) was a crook too.

Nobody's forcing anyone to but into this latest thing. It might be tugging on the football supporting heart strings, but at a £50 minimum buy in, they'll have to offer more than they are.

[90274]

It’s not true, Hibs rejected big sponsorship deals for front of shirt from companies that didn’t fit with the club.

Yes, that's right, under the Dempster regime.

Must have cost the club hundreds of thousands of pounds and affected the financing of the squad.

I don't think Ron will be that way commercially.

[JoeT_WasTheBest]

I see Andy Robertson also has his own coin now from the same company.

[Danderhall Hibs]

They should’ve put an explanation out about how this works and what the benefits are. As it stands folk have already jumped on the ponzi/pyramid scheme stuff that affected HSL in the beginning- they’ll struggle to win it back now.

Not great reputationally even if it’s a legit thing.

[G15 Hibs]

I don't see it that way at all. They're a sponsor, nothing more than that.

I don't think I've ever been influenced by who our sponsors are, so if they're happy to give us some cash in the hope i buy something from them, they can crack on!

Have any other or past sponsor ever explicitly said that by using/buying their product you'll be a bigger fan or closer to being part of the club? That seems to be a big part of this lot's pitch.

[90274]

I don't see it that way at all. They're a sponsor, nothing more than that.

I don't think I've ever been influenced by who our sponsors are, so if they're happy to give us some cash in the hope i buy something from them, they can crack on!

Yes, that's a good post. Sponsors come and go just like Players, Managers and even Owners.

Just because they sponsor the club, doesn't mean you have to use the Product or Service.

I must say it is good to see the club having so many commercial partners to allow the club to grow and hopefully the quality of the team to improve.

Something lacking under the previous regime.

[WhileTheChief..]

Have any other or past sponsor ever explicitly said that by using/buying their product you'll be a bigger fan or closer to being part of the club? That seems to be a big part of this lot's pitch.

No idea.

Would you feel like a bigger fan if you buy into this? I'm guessing not.

I'm also guessing most other Hibs fans will feel the same way.

[G15 Hibs]

No idea.

Would you feel like a bigger fan if you buy into this? I'm guessing not.

I'm also guessing most other Hibs fans will feel the same way.

Not at all. It does appear to be their main selling point though, which seems different from other sponsors.

[hibee-boys]

I’ve wasted thousands over the years following/supporting Hibs what’s the difference here, money spent on nothing tangible, gives me little joy and that ultimately leaves me out of pocket. Pretty much life as a hibs fan🤷🏼😂

[matty_f]

From who and when?

This summer and I’m not at liberty to say. Edit: by “this summer” I mean in time to have been this season’s front of shirt sponsor.

[evy]

This summer and I’m not at liberty to say. Edit: by “this summer” I mean in time to have been this season’s front of shirt sponsor.

So you're saying that the current ownership of the club have rejected a big money shirt sponsor due to it 'not fitting' with the club, yet simultaneously saying that this isn't a good look for the club. Doesn't add up to me.

[Mikey_1875]

Have any other or past sponsor ever explicitly said that by using/buying their product you'll be a bigger fan or closer to being part of the club? That seems to be a big part of this lot's pitch.

I agree that this does seem to be different to your average sponsor. It’s not just a case of get your electricity from us or place a bet with us. They are saying there will be Hibs memorabilia and exclusive fan experiences if you take this up. I also wonder who will be responsible for making this content or these experiences, the club or the company.

Either way no one is being forced into it and it does say clearly not to expect to be making money from it. So I don’t think there will be many takers in the first place and I doubt anyone will be properly done over. Maybe just disappointed with the value for money but that remains to be seen. I agree with the concerns about the principal of the whole thing though if it does turn out to be a bit of a scam.

[matty_f]

So you're saying that the current ownership of the club have rejected a big money shirt sponsor due to it 'not fitting' with the club, yet simultaneously saying that this isn't a good look for the club. Doesn't add up to me.

What do you mean?

[matty_f]

I agree that this does seem to be different to your average sponsor. It’s not just a case of get your electricity from us or place a bet with us. They are saying there will be Hibs memorabilia and exclusive fan experiences if you take this up. I also wonder who will be responsible for making this content or these experiences, the club or the company.

Either way no one is being forced into it and it does say clearly not to expect to be making money from it. So I don’t think there will be many takers in the first place and I doubt anyone will be properly done over. Maybe just disappointed with the value for money but that remains to be seen. I agree with the concerns about the principal of the whole thing though if it does turn out to be a bit of a scam.
It’s a weird one, it’s aimed at over 18s but it would seem to me that the concept is more suited for younger folk.

I think if I was 8-13/14 years old the idea of collecting stuff - virtual or otherwise - that i could compare with mates etc would have been pretty exciting.

At 43, a lot less so.

I think there’sa lot of scepticism and cynicism about it, and the screen grab alleging to be from the WhatsApp group is very grim - if it’s authentic then that in itself would be enough for me to steer well clear.

The premise itself though, if it’s just a spend x get y deal, which it appears to be, I’m comfortable enough with. Folk spend hundreds of pounds on FIFA to get players - the micro transaction economy in video games is huge.

If you’re going in spending relatively small amounts of money (i.e. nobody’s being asked to commit hundreds or thousands of pounds here) and give no expectation of trading that to a profit then I could see how it might be appealing to somebody. Not me, though. :greengrin

I think branding it a scam etc is maybe an overreaction based on the blurb on the Hibs website about it, for me they’re saying up front that they suggest not selling the token, that the value can increase or decrease, and explain the potential benefits/ rewards for participating.

On the flip side, the bots are alarming and if that screenshot of the chat is genuine then i wouldn’t be going near them.

[Peevemor]

It’s a weird one, it’s aimed at over 18s but it would seem to me that the concept is more suited for younger folk.

I think if I was 8-13/14 years old the idea of collecting stuff - virtual or otherwise - that i could compare with mates etc would have been pretty exciting.

At 43, a lot less so.

I think there’sa lot of scepticism and cynicism about it, and the screen grab alleging to be from the WhatsApp group is very grim - if it’s authentic then that in itself would be enough for me to steer well clear.

The premise itself though, if it’s just a spend x get y deal, which it appears to be, I’m comfortable enough with. Folk spend hundreds of pounds on FIFA to get players - the micro transaction economy in video games is huge.

If you’re going in spending relatively small amounts of money (i.e. nobody’s being asked to commit hundreds or thousands of pounds here) and give no expectation of trading that to a profit then I could see how it might be appealing to somebody. Not me, though. :greengrin

I think branding it a scam etc is maybe an overreaction based on the blurb on the Hibs website about it, for me they’re saying up front that they suggest not selling the token, that the value can increase or decrease, and explain the potential benefits/ rewards for participating.

On the flip side, the bots are alarming and if that screenshot of the chat is genuine then i wouldn’t be going near them.

I agree with all of that.

[evy]

What do you mean?

Just that on one hand we've turned down big money due to orals, but on the other taken this up which would appear to displease people and be (to some) morally bereft.

[matty_f]

Yes, that's right, under the Dempster regime.

Must have cost the club hundreds of thousands of pounds and affected the financing of the squad.

I don't think Ron will be that way commercially.

Under the current ownership.

[matty_f]

Just that on one hand we've turned down big money due to orals, but on the other taken this up which would appear to displease people and be (to some) morally bereft.

I’m not the decision maker on these things, but the morality of this deal is very subjective - the bots and the screen grab are not a good look and, if genuine (big caveat) are big red flags.

The morality of offering something for sale and letting people choose to buy it, and bring up front with the risks is probably more open for debate than accepting a sponsorship deal with a betting or alcohol company, for instance.

People objecting to the deal on here based on what little is known about it doesn’t necessarily mean that it’s morally bereft. I mentioned due diligence before and I believe Hibs carry out activities before agreeing partnerships.

I personally don’t know enough about Sportemongo or NFTs etc to say with any authority whether this is a good thing or not.

I do know that Hibs did not take up very good money to have sponsors on the front of the shirt because of the club’s values.

We took a betting company on the back of the shirts or shorts (can’t remember which) and I believe that deal involved a significant amount of funding to the community foundation to focus on gambling related issues.

[Irish_Steve]

I’m not the decision maker on these things, but the morality of this deal is very subjective - the bots and the screen grab are not a good look and, if genuine (big caveat) are big red flags.

The morality of offering something for sale and letting people choose to buy it, and bring up front with the risks is probably more open for debate than accepting a sponsorship deal with a betting or alcohol company, for instance.

People objecting to the deal on here based on what little is known about it doesn’t necessarily mean that it’s morally bereft. I mentioned due diligence before and I believe Hibs carry out activities before agreeing partnerships.

I personally don’t know enough about Sportemongo or NFTs etc to say with any authority whether this is a good thing or not.

I do know that Hibs did not take up very good money to have sponsors on the front of the shirt because of the club’s values.

We took a betting company on the back of the shirts or shorts (can’t remember which) and I believe that deal involved a significant amount of funding to the community foundation to focus on gambling related issues.

Given this thread and the Mathie thread, are there any other colours of flags we can chose from or do they all have to be red :greengrin:greengrin:greengrin

[matty_f]

Given this thread and the Mathie thread, are there any other colours of flags we can chose from or do they all have to be red :greengrin:greengrin:greengrin

:greengrin

I’m not precious, we can go with whatever!!

[gbhibby]

But Duff & Gray sold us the share issue/Avon Inns deal on both emotional the logical fronts.

The hotels and pubs were to be owned by Hibs which was to bring in loads of additional income and take us to the next level - sorted! At that time we didn't have access to as much (any) information on line to check out the companies or people involved.

I don't see how that compares with individuals buying NFTs & crypto from a third party.
I knew at the time about Avon Inns the information was out there in the newspapers at the time. People in finance were advising not to touch the share issue with a 10 foot barge pole.

[Pretty Boy]

I’m not the decision maker on these things, but the morality of this deal is very subjective - the bots and the screen grab are not a good look and, if genuine (big caveat) are big red flags.

The morality of offering something for sale and letting people choose to buy it, and bring up front with the risks is probably more open for debate than accepting a sponsorship deal with a betting or alcohol company, for instance.

People objecting to the deal on here based on what little is known about it doesn’t necessarily mean that it’s morally bereft. I mentioned due diligence before and I believe Hibs carry out activities before agreeing partnerships.

I personally don’t know enough about Sportemongo or NFTs etc to say with any authority whether this is a good thing or not.

I do know that Hibs did not take up very good money to have sponsors on the front of the shirt because of the club’s values.

We took a betting company on the back of the shirts or shorts (can’t remember which) and I believe that deal involved a significant amount of funding to the community foundation to focus on gambling related issues.

That last paragraph is just a bizarre compromise. Promoting the cause then sticking a plaster over the symptoms.

It's like advertising cigarettes then asking Philip Morris to donate to Marie Curie.

I just can't get my head round that at all.

[Zambernardi1875]

On SGO telegram

HI EVERYONE,

THERE WILL BE A FURTHER STATEMENT AND TWEETS BEING MADE BY HIBS ON THIER WEBSITE AND TWITTER PAGE IN THE NEXT FEW HOURS.

ON THIS OCCASION WE ARE ASKING OUR COMMUNITY NOT TO RESPOND TO THESE MESSAGES. IT IS IMPORTANT THAT THE HIBS FANS FULLY UNDERSTAND THE INFORMATION THAT IS GETTING RELEASED.

WE WILL BE FOLLOWING UP WITH AN AMA BETWEEN RICKY AND THE CLUB NEXT WEEK.

THANKS IN ADVANCE.

[The Modfather]

Given this thread and the Mathie thread, are there any other colours of flags we can chose from or do they all have to be red :greengrin:greengrin:greengrin

I’ve got a digital green flag you can buy in my pre pre flag sale if you’re interested?

[Centre Hawf]

On SGO telegram

HI EVERYONE,

THERE WILL BE A FURTHER STATEMENT AND TWEETS BEING MADE BY HIBS ON THIER WEBSITE AND TWITTER PAGE IN THE NEXT FEW HOURS.

ON THIS OCCASION WE ARE ASKING OUR COMMUNITY NOT TO RESPOND TO THESE MESSAGES. IT IS IMPORTANT THAT THE HIBS FANS FULLY UNDERSTAND THE INFORMATION THAT IS GETTING RELEASED.

WE WILL BE FOLLOWING UP WITH AN AMA BETWEEN RICKY AND THE CLUB NEXT WEEK.

THANKS IN ADVANCE.

Thanks for posting these. Very intrigued to see what their messaging will be especially if they don’t know people are in the chat watching.

[gbhibby]

Given this thread and the Mathie thread, are there any other colours of flags we can chose from or do they all have to be red :greengrin:greengrin:greengrin
, 🚩🏴🏳️🏁🇳🇬

[matty_f]

That last paragraph is just a bizarre compromise. Promoting the cause then sticking a plaster over the symptoms.

It's like advertising cigarettes then asking Philip Morris to donate to Marie Curie.

I just can't get my head round that at all.
Same here, but I suppose there is an argument to say that not all gambling is bad, there are loads of people who do it responsibly, safely and in a way that they enjoy and isn’t problematic.

Should add that my preference would be that we didn’t carry a betting sponsor at all.

[Smartie]

Same but I suppose there is an argument to say that not all gambling is bad, there are loads of people who do it responsibly, safely and in a way that they enjoy and isn’t problematic.

There is that argument, but Paul Merson’s programme on the i-player opens up where the majority of the gambling companies’ profits come from.

Spoiler alert - it’s not happy, smily people putting on an accumulator once a week with money they can afford to lose.


Hibs are a whore. They’ll take money off any old **** bags. If they’re not careful then it’s going to cost then the revenue that really matters, the money pumped in by loyal fans.

[w pilton hibby]

On SGO telegram

HI EVERYONE,

THERE WILL BE A FURTHER STATEMENT AND TWEETS BEING MADE BY HIBS ON THIER WEBSITE AND TWITTER PAGE IN THE NEXT FEW HOURS.

ON THIS OCCASION WE ARE ASKING OUR COMMUNITY NOT TO RESPOND TO THESE MESSAGES. IT IS IMPORTANT THAT THE HIBS FANS FULLY UNDERSTAND THE INFORMATION THAT IS GETTING RELEASED.

WE WILL BE FOLLOWING UP WITH AN AMA BETWEEN RICKY AND THE CLUB NEXT WEEK.

THANKS IN ADVANCE.

What's an AMA?

An update on Hibs Fan tokens and Sportemon Go

https://www.hibernianfc.co.uk/article/an-update-on-hib-fan-tokens-sportemon-go

[matty_f]

There is that argument, but Paul Merson’s programme on the i-player opens up where the majority of the gambling companies’ profits come from.

Spoiler alert - it’s not happy, smily people putting on an accumulator once a week with money they can afford to lose.


Hibs are a whore. They’ll take money off any old **** bags. If they’re not careful then it’s going to cost then the revenue that really matters, the money pumped in by loyal fans.

Listen, I’m not advocate of betting companies and I hope that my post didn’t give that impression. I’m just trying to see another take on the issue. I was agreeing with PB.

[bigwheel]

What's an AMA?

An update on Hibs Fan tokens and Sportemon Go

https://www.hibernianfc.co.uk/article/an-update-on-hib-fan-tokens-sportemon-go

There we go…priority access, digital products…..


Sent from my iPad using Tapatalk

[007]

What's an AMA?

An update on Hibs Fan tokens and Sportemon Go

https://www.hibernianfc.co.uk/article/an-update-on-hib-fan-tokens-sportemon-go

AMA = Ask Me Anything = a Q & A.

[Ozyhibby]

As a parent I have come to accept that kids buy things online that are not tangible. My youngest buys things ingame that have zero value elsewhere. He can spent £5 on a new suit of armour for his character in a game that doesn’t even improve his chances of success in the game. Go figure. I don’t understand it but I live with it. He spends way less than my eldest who hardly ever plays online games.
I don’t really understand these things but I’m sure they will feel worthwhile to whoever buys them and good luck to them. I wouldn’t buy them but there are lots of things I wouldn’t buy.
So long as we are not trying to sell them as investments then I’m ok with it.


Sent from my iPhone using Tapatalk

[Radium]

On SGO telegram

HI EVERYONE,

THERE WILL BE A FURTHER STATEMENT AND TWEETS BEING MADE BY HIBS ON THIER WEBSITE AND TWITTER PAGE IN THE NEXT FEW HOURS.

ON THIS OCCASION WE ARE ASKING OUR COMMUNITY NOT TO RESPOND TO THESE MESSAGES. IT IS IMPORTANT THAT THE HIBS FANS FULLY UNDERSTAND THE INFORMATION THAT IS GETTING RELEASED.

WE WILL BE FOLLOWING UP WITH AN AMA BETWEEN RICKY AND THE CLUB NEXT WEEK.

THANKS IN ADVANCE.

New Hibs Tweet out and a complete lack of SGO branded accounts responding…


Sent from my iPhone using Tapatalk

[Centre Hawf]

New Hibs Tweet out and a complete lack of SGO branded accounts responding…


Sent from my iPhone using Tapatalk

Noticed that as well. I had a suspicion going by the screenshots and chat messages that these accounts weren’t bots but actually were initial investors/adopters of the crypto who are looking to make money off new buyers (Hibs fans)

[Billy Whizz]

I hate that Hibs respond and don’t quote anyone, someone is hiding behind our club name
This is a commercial decision, whoever signed it off is an embarrassment to our club

[Centre Hawf]

I hate that Hibs respond and don’t quote anyone, someone is hiding behind our club name
This is a commercial decision, whoever signed it off is an embarrassment to our club

No one from the club since day 1 has put their name to it. The longer it goes on the more I question that individual’s involvement in the deal. Even more so now we’re doubling down on it.

[Smartie]

Listen, I’m not advocate of betting companies and I hope that my post didn’t give that impression. I’m just trying to see another take on the issue. I was agreeing with PB.

I appreciate that, and yours was a point worth making.

This one's quite emotive for some folk...

[Peevemor]

I hate that Hibs respond and don’t quote anyone, someone is hiding behind our club name
This is a commercial decision, whoever signed it off is an embarrassment to our clubWhat's embarrassing about it?

[Allant1981]

Personally dont have an issue with the sponsorship, if you are into crypto then this will be of interest possibly, if not then dont spend your money and you will be no worse off

[matty_f]

I appreciate that, and yours was a point worth making.

This one'e quite emotive for some folk...

:aok:

[bigwheel]

Personally dont have an issue with the sponsorship, if you are into crypto then this will be of interest possibly, if not then dont spend your money and you will be no worse off

That’s not how it’s being positioned. It’s being positioned as get closer to your club, secure exclusive content and digital products ….rather than this is a crypto currency investment that isn’t stable, influenced by others and you can lose as well as win …. It’s also being namelessly messaged by the club, which is very unusual…

[Hibs90]

Anyone reading this, don’t buy it. That’s all you need to know.

[Lancs Harp]

Life was alot simpler when you were contacted by a "solicitor" of a long lost and previously unheard of distant relative who had recently died and all you had to do to gain your unexpected inheritence was to deposit a large sum in a Nigerian bank account.

[bigwheel]

Life was alot simpler when you were contacted by a "solicitor" of a long lost and previously unheard of distant relative who had recently died and all you had to do to gain your unexpected inheritence was to deposit a large sum in a Nigerian bank account.

Hahaha . Our club have secured a partner that has digitised that process and provides a much better user experience ! [emoji3]

[Allant1981]

Life was alot simpler when you were contacted by a "solicitor" of a long lost and previously unheard of distant relative who had recently died and all you had to do to gain your unexpected inheritence was to deposit a large sum in a Nigerian bank account.

You mean to say that email i replied to saying i was going to get 20 million US dollars isnt real😁

[Lancs Harp]

You mean to say that email i replied to saying i was going to get 20 million US dollars isnt real😁

Of course it is, where do you think Ron got his money from? :wink:

[SteveHFC]

https://youtu.be/uuVh36vQkSI

Hibs trying to ask the fans to take part in this.

[Radium]

https://youtu.be/9KV3NGoOnV4

23:40 in Ricky Jackson talks a little about what they are doing and mentions Gameday Minting for NFTs only available for short periods around an event.

Anyone know what that actually means?


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[pacoluna]

We also have sponsorship deals with "marsbet" a betting company that hasn't even got a UK licence, they are operated and licenced in Curacao!

[Bishop Hibee]

We also have sponsorship deals with "marsbet" a betting company that hasn't even got a UK licence, they are operated and licenced in Curacao!

Is that on Mars? Seriously though, I’m all for ‘micro-sponsors’ but this appears to be taking things way too far.

[Broken Gnome]

The metrics around what matters to folk regarding their football club these days is right fascinating.

Are the online/NFT literate who know what's going here, and don't like it one bit, angry enough to make a dent in those who don't really care but potentially could? How many thousands don't know and couldn't give a monkeys? Does the outrage from non-Hibs fans change things, as it seems to be pretty universal bad (Twitter) press?

[bigwheel]

Is that on Mars? Seriously though, I’m all for ‘micro-sponsors’ but this appears to be taking things way too far.

That’s the Brand on our shorts these days I think…


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[SaulGoodman]

That’s the Brand on our shorts these days I think…


Sent from my iPad using Tapatalk

Give it 2 years and we’ll end up looking like an F1 car.

[CMurdoch]

It’s not true, Hibs rejected big sponsorship deals for front of shirt from companies that didn’t fit with the club.

Thanks for that Matty. Good to hear.
Would have looked bad with "Taliban Holidays" on our shirts

[Lancs Harp]

The club shop now accepts monopoly money payments.

[Jamesie]

If Sir Tom Farmer and Rod Petrie were still at the helm of the club would we be engaging with Sportemongo?

[90274]

Club have tweeted that they are aware of concerns..

https://twitter.com/HibernianFC/status/1451262796419813383

[The Modfather]

If Sir Tom Farmer and Rod Petrie were still at the helm of the club would we be engaging with Sportemongo?

Probably not, but we’d still be looking for the fans to dig ever deeper as our only way to grow our commercial income.

[Vault Boy]

This is probably the most prominent example that I've seen of the dilemma between wanting the club to maximise revenue as a supporter who wants to see growth, but recognising that some of the most profitable commercial avenues for football clubs are insidious and potentially harmful industries.

Will the 6-figure income from this partnership be worth the PR backlash and the friction it has caused for the support? The honest answer is I'm not sure, however I am sure that I'd rather the club read the room with this one and didn't pursue it.

The catch is now that there's no real chance of winning. If they cut ties, it's lost revenue and the PR backlash remains. If they follow through with the contract, that friction remains. If Sportemon Go (what a dreadful name, by the way) have a sound business model and stable technology, that's only going to be value neutral at this stage. Any, and I really mean any issue, no matter how small, with the technology architecture, the finance, the customer experience etc will only exasperate the wounds.

Should round off by saying I think the club has improved immensely as a commercially viable entity in recent times. We've made record revenue from our work in this area and that credit doesn't suddenly disappear over this, however it does mean the portfolio as a whole loses some marks.

Also, Doidgecoin? Outstanding. 😭

[ScottB]

Noticed that as well. I had a suspicion going by the screenshots and chat messages that these accounts weren’t bots but actually were initial investors/adopters of the crypto who are looking to make money off new buyers (Hibs fans)

All that companies crypto efforts require you to buy into their underlying currency, the more people that do, the more that goes up in value.

That’s their business model, sponsor as many random things as they can, hope enough are lured in by those associations and the various bot accounts hyping it up, to ensure the profits from their own currency are more than the outgoings.

[jacomo]

This is probably the most prominent example that I've seen of the dilemma between wanting the club to maximise revenue as a supporter who wants to see growth, but recognising that some of the most profitable commercial avenues for football clubs are insidious and potentially harmful industries.

Will the 6-figure income from this partnership be worth the PR backlash and the friction it has caused for the support? The honest answer is I'm not sure, however I am sure that I'd rather the club read the room with this one and didn't pursue it.

The catch is now that there's no real chance of winning. If they cut ties, it's lost revenue and the PR backlash remains. If they follow through with the contract, that friction remains. If Sportemon Go (what a dreadful name, by the way) have a sound business model and stable technology, that's only going to be value neutral at this stage. Any, and I really mean any issue, no matter how small, with the technology architecture, the finance, the customer experience etc will only exasperate the wounds.

Should round off by saying I think the club has improved immensely as a commercially viable entity in recent times. We've made record revenue from our work in this area and that credit doesn't suddenly disappear over this, however it does mean the portfolio as a whole loses some marks.

Also, Doidgecoin? Outstanding. 😭


Come on, we’ve had betting company logos emblazoned across the Hibs shirt in recent years. Like all businesses, Hibs has to hold its nose sometimes when signing commercial deals.

[St.Kristopher]

This is probably the most prominent example that I've seen of the dilemma between wanting the club to maximise revenue as a supporter who wants to see growth but recognising that some of the most profitable commercial avenues for football clubs are insidious and potentially harmful industries.

Will the 6-figure income from this partnership be worth the PR backlash and the friction it has caused for the support? The honest answer is I'm not sure, however I am sure that I'd rather the club read the room with this one and didn't pursue it.

The catch is now that there's no real chance of winning. If they cut ties, it's lost revenue and the PR backlash remains. If they follow through with the contract, that friction remains. If Sportemon Go (what a dreadful name, by the way) have a sound business model and stable technology, that's only going to be value neutral at this stage. Any, and I really mean any issue, no matter how small, with the technology architecture, the finance, the customer experience etc will only exasperate the wounds.

Should round off by saying I think the club has improved immensely as a commercially viable entity in recent times. We've made record revenue from our work in this area and that credit doesn't suddenly disappear over this, however it does mean the portfolio as a whole loses some marks.

Also, Doidgecoin? Outstanding. 😭

Agree. I would hate to be the in charge of all this. Many of he same people demanding a great product on the pitch are also wanting our partners to be beyond reproach. Besides HCF and NHS, is there a do no harm sponsor in the last 20 years?

[ScottB]

Come on, we’ve had betting company logos emblazoned across the Hibs shirt in recent years. Like all businesses, Hibs has to hold its nose sometimes when signing commercial deals.

Well, it can, or it can’t.

As was discussed in the thread when this company first appeared. If the club wants to present itself as ‘just’ a football club, then it can pretty much sign any agreements it likes; it’s just a football club, so whatever money it can get, it will take, because it makes for a stronger football club.

However, if the club wants to say it’s part of the community, if the club wants to say it cares about supporters health and well-being, should it be promoting companies that damage those things? Hibs have repeatedly claimed to be the greenest club in Scotland, yet the products offered by Sportemon are ludicrously wasteful in terms of electricity used to create them.

In short, if the club wants to have causes beyond being a football team, that’s fine, but it ends up looking a bit hypocritical, or daft, when it associates with companies that conflict with them.

[Vault Boy]

Come on, we’ve had betting company logos emblazoned across the Hibs shirt in recent years. Like all businesses, Hibs has to hold its nose sometimes when signing commercial deals.

And since then the club have said they no longer want to have gambling companies as principle sponsors. I don't think my post really says that I think this partnership is morally wrong, it's certainly not meant to say that anyway, it's more about being aware of what kind of backlash was likely to come from something like this.

Regardless of whether the deal is justifiable from the perspective of business ethics, it's inarguable that it's been problematic for us in regards to PR. Rightly or wrongly, had this sponsorship come from Edin Mill, Paddy Power or an Amazon subsidiary, the backlash wouldn't have been so pronounced - it seems like the club didn't quite gauge this fully.

FWIW I'm also not ready to write off the suggestion that this will end up being a straight up pyramid scheme or some such, I just don't know enough about the company to make that judgement.

[AgentDaleCooper]

i smell *****e and really don't like seeing the word 'hibs' with a dollar sign instead of the S, it looks utterly trashy, anti-community and gross.

reading the FAQ, it looks like this is some sort of digital replacement for stuff like programmes and ticket stubs. meh.

[Dmas]

I’ve absolutely no idea about all this token stuff to be blatantly honest it’s way over my head, can someone explain the environmental cost of this and why it’s being talked about as if it’s a huge problem? Is it the mining thing like bitcoin? Or something completely different, if it is such a huge thing why are we as a club who have attempted to be top 3 in uk greenest clubs got involved in the first place?

[May21/05/216]

I won't be putting money in and its my choice if people want to buy then fine its not illegal I presume the fuss about this is ludicrous we have had bookmakers stalls in the stadium and sponsors on the strips for years and alcohol sponsors

Sent from my SM-A908B using Tapatalk

[Since452]

If Sir Tom Farmer and Rod Petrie were still at the helm of the club would we be engaging with Sportemongo?

We'd probably be sponsored by a gambling company. Which causes more harm?

[Dmas]

We'd probably be sponsored by a gambling company. Which causes more harm?

To be fair, this crypto thing has spammed the official twitter feed with fake accounts faking interest in this token, I can’t remember Marathon Bet for example stooping so low to make us all gamble.

As I said in previous post I’m no expert on this subject…..but it stinks pretty bad

[flash]

If Sir Tom Farmer and Rod Petrie were still at the helm of the club would we be engaging with Sportemongo?

Did we engage with anybody who wanted to invest or sponsor for much of their tenure?

[Nakedmanoncrack]

Everything about this link up is appalling, including the name of the scammers. Sportemongo FFS.

[Sir David Gray]

I’ve absolutely no idea about all this token stuff to be blatantly honest it’s way over my head, can someone explain the environmental cost of this and why it’s being talked about as if it’s a huge problem? Is it the mining thing like bitcoin? Or something completely different, if it is such a huge thing why are we as a club who have attempted to be top 3 in uk greenest clubs got involved in the first place?

https://www.theverge.com/2021/3/15/22328203/nft-cryptoart-ethereum-blockchain-climate-change

[Dmas]

https://www.theverge.com/2021/3/15/22328203/nft-cryptoart-ethereum-blockchain-climate-change

Thanks for this 👍

[G15 Hibs]

i smell *****e and really don't like seeing the word 'hibs' with a dollar sign instead of the S, it looks utterly trashy, anti-community and gross.

I think that's what's annoyed me most about this thing. Its a hideously crass exploitation of our club's name. Why do that other than trying to suggest you can make money out of it and that's all that's important? Awful.

[Heisenberg]

Looks like someone has dropped the ball on this one. Not been well received by the fanbase at all and the use of all these Twitter accounts under every post has only made it worse.

[Keith_M]

As Karen Dunbars character said in Chewing the Fat, I smell sh***.


Wow, what a surprise. The whole thing's a con and plenty of posters on here said so when it was announced.


Hibs should have had nothing to do with this.

[Billy Whizz]

No one from the club since day 1 has put their name to it. The longer it goes on the more I question that individual’s involvement in the deal. Even more so now we’re doubling down on it.

The 1st notice on the official website had someone’s name on it, who works for Hibs. He won’t be the decision maker though. Someone has to take responsibility for this though, too many bad decisions coming out of Hibs now

[superfurryhibby]

Common inquiry: is sportemongo.com legit? Good question and we have a good answer: we DO NOT endorse it as it has a very low trusting rank. The website is suspicious, while genuine reviews don't help it much. We provide a non-biased overview of this business and its niche and explore how questionable it is. Let's see what the problems are below.


Our validator used 53 powerful factors to authenticate if sportemongo.com is legit.

The Scam Detector’s algorithm gives this business the following rank:

8.6/100

https://www.bing.com/search?q=how+safe+is+sportemongo+investment&cvid=805eb798a84e425997195b596c632f14&aqs=edge..69i57.10010j0j1&pglt=43&FORM=ANNAB1&PC=U531

My son tells me that this is a reliable site and he's well invested in Crypto related business..

It's been poorly judged by Hibs, but I still can't see many parting with their cash for tokens.

[Heisenberg]

You’d have thought the new CEO would be all over any potentially damaging partnerships after his **** up at Norwich.

[Since452]

You’d have thought the new CEO would be all over any potentially damaging partnerships after his **** up at Norwich.

What happened at Norwich?

[Heisenberg]

What happened at Norwich?

https://www.bbc.com/sport/football/57424206.amp

[Smartie]

You’d have thought the new CEO would be all over any potentially damaging partnerships after his **** up at Norwich.

Is it just me, or do the 2 situations look VERY similar indeed?

[90274]

I think we have to accept the fact that we are now under ownership by an ambitious owner who will be looking to maximise commercial revenue which means that we will have a number of commercial partnerships in place that won't please everyone or everyone will understand them.

It is the complete opposite of being run as a community club where the custodians are more accountable for the commercial partnerships that are made, such as only having commercial partnerships with companies that are responsible to the environment etc.

[Mr. Wonderful]

I'm stunned at the sheer amount of people who don't have a clue what this is and also clearly need further education regarding what a pyramid scheme actually is, because its certainly not something you could use to describe this.

[Sir David Gray]

https://www.bbc.com/sport/football/57424206.amp

Goes into a bit more detail here.

https://www.edp24.co.uk/news/norwich-city-fans-react-to-bk8-instagram-8032932

[May21/05/216]

I think we have to accept the fact that we are now under ownership by an ambitious owner who will be looking to maximise commercial revenue which means that we will have a number of commercial partnerships in place that won't please everyone or everyone will understand them.

It is the complete opposite of being run as a community club where the custodians are more accountable for the commercial partnerships that are made, such as only having commercial partnerships with companies that are responsible to the environment etc.I agree

Sent from my SM-A908B using Tapatalk

[Booked4Being-Ugly]

I'm stunned at the sheer amount of people who don't have a clue what this is and also clearly need further education regarding what a pyramid scheme actually is, because its certainly not something you could use to describe this.

I know what a pyramid scheme is but fire away and explain what this new deal is in layman’s terms?

[Mr. Wonderful]

I know what a pyramid scheme is but fire away and explain what this new deal is in layman’s terms?

I don't have the time to explain something that could be explained to you in very quick and simple terms on this wonderful new web search site called Google. Try it, will change your life.

[Rumble de Thump]

Some people have let their imagination, or the imagination of others, run wild. I wonder if the reason there's never been a backlash like this on gambling, alcohol companies etc, which everyone knows can have a terrible impact on society, is because people can easily understand what they are and what they do. People fear what they don't understand.

[Booked4Being-Ugly]

I don't have the time to explain something that could be explained to you in very quick and simple terms on this wonderful new web search site called Google. Try it, will change your life.

So you can’t explain it lol.

[PolmontHibby]

Must admit any original communication on this and debate passed me buy - apologies as this will no doubt duplicate a lot of what has no doubt already been said.

"VIP Fandom" "Hib$" "Priority Access" "Exclusive inner circle of Super Fans" "Influence Decisions" "active super fans"

Absolute joke - if this is the road the new management are going down it is the wrong one and I will watch this with interest (from the outside) to see what I (as a 40 year season ticket holder) am now missing out due to having no interest in making a payment for this nonsense.

[steve75]

The environmental argument is a non starter, this runs on binance smart chain which is proof of stake, not proof of work.

Just because someone doesn't understand something or doesn't grasp the concept of owning non physical goods, doesn't make it a scam.

Try think of it as owning a trading card or stickers. It's not claiming to be a currency or investment.

That said, SportemonGo was founded this year I believe? There's a very good chance this whole thing goes tits up and doesn't exist come the next 'crypto winter'.

If it does survive, and flourish then it may be a thing of value to own the first fan token on the system.

No one is making you buy it.

[PolmontHibby]

Also noting the points on gambling and alcohol companies.

To the best of my memory they were always simply advertising sponsors, and at no point were supporters being asked to booze and gamble to different levels of insobriety and poverty to gain access to some hazy "premier and priority access". Though to be fair I would have been near the top of the pyramid scheme on that stuff.

there is of course a bigger debate about gambling/alcohol.....and for those who have not watched the Paul Merson gambling program would recommend as a painful must watch.

[BegbieHSC]

I’m not a fan of this, and I’d be shocked if a significant amount of fans bought in to it. Maybe it’s through lack of knowledge, but I don’t reckon it’s anywhere near as bad as the Old Firm proudly advertising betting companies on their shirts however, or Hearts in their dark days advertising the loan sharks, Wonga.

I don’t believe our club would get into bed with fully-fledged scammers, but what I’d advise is, thank them for their significant 6 figure sum, let them have their logo on the back of our shirt, use their money to invest in the team, and for the most part, ignore them, and let the bots be kings of their weird af tokens.

[WhileTheChief..]

I'm stunned at the sheer amount of people who don't have a clue what this is and also clearly need further education regarding what a pyramid scheme actually is, because its certainly not something you could use to describe this.

:top marks

It's incredible the way folk have jumped to this conclusion when they don't have a clue what a pyramid scheme is.

There is nothing to suggest this is a scam in any way shape or form other than than fans stating it as fact because they don't understand it.

Now we've got someone saying it's the same as the Norwich issue when it's not even closely related.

Gonna see loads more made up stuff and nonsense around this i think.

[CMurdoch]

The environmental argument is a non starter, this runs on binance smart chain which is proof of stake, not proof of work.

Just because someone doesn't understand something or doesn't grasp the concept of owning non physical goods, doesn't make it a scam.

Try think of it as owning a trading card or stickers. It's not claiming to be a currency or investment.

That said, SportemonGo was founded this year I believe? There's a very good chance this whole thing goes tits up and doesn't exist come the next 'crypto winter'.

If it does survive, and flourish then it may be a thing of value to own the first fan token on the system.

No one is making you buy it.

You are the first poster to give us that info and if it is true as it doesn't compromise our "greenest club in Scotland" claim.
I can live with the rest of it.

[Smartie]

:top marks

It's incredible the way folk have jumped to this conclusion when they don't have a clue what a pyramid scheme is.

There is nothing to suggest this is a scam in any way shape or form other than than fans stating it as fact because they don't understand it.

Now we've got someone saying it's the same as the Norwich issue when it's not even closely related.

Gonna see loads more made up stuff and nonsense around this i think.

Fans up in arms over club choosing to form a link with a morally dubious company?

Fans have concerns over how the company's social media image fits in with what we have previous been groomed to consider a community club, whether that is via scantily clad women or a deluge of bot activity?



They're not exactly the same but they're certainly not dissimilar situations. Given the first led to our new CEO losing a pretty good job, it's at least an eyebrow raiser that we find ourselves here.

[WhileTheChief..]

Fans up in arms over club choosing to form a link with a morally dubious company?

Fans have concerns over how the company's social media image fits in with what we have previous been groomed to consider a community club, whether that is via scantily clad women or a deluge of bot activity?



They're not exactly the same but they're certainly not dissimilar situations. Given the first led to our new CEO losing a pretty good job, it's at least an eyebrow raiser that we find ourselves here.

I've not seen anyone else make that link, only you.

Did our CEO even have anything whatsoever to do with this deal?

It's pure speculation on your part and just adding to the scam frenzy.

EDIT - how are they a morally dubious company? You think that just because of some bots on Twitter or do you actually know something the rest of us don't?

I've done a lot of searching on Google and don't see anything remotely dodgy about them at all.

You're jumping on the scam bandwagon and spreading it like it's fact.

[WhileTheChief..]

Common inquiry: is sportemongo.com legit? Good question and we have a good answer: we DO NOT endorse it as it has a very low trusting rank. The website is suspicious, while genuine reviews don't help it much. We provide a non-biased overview of this business and its niche and explore how questionable it is. Let's see what the problems are below.


Our validator used 53 powerful factors to authenticate if sportemongo.com is legit.

The Scam Detector’s algorithm gives this business the following rank:

8.6/100

https://www.bing.com/search?q=how+safe+is+sportemongo+investment&cvid=805eb798a84e425997195b596c632f14&aqs=edge..69i57.10010j0j1&pglt=43&FORM=ANNAB1&PC=U531

My son tells me that this is a reliable site and he's well invested in Crypto related business..

It's been poorly judged by Hibs, but I still can't see many parting with their cash for tokens.

For comparison, Hibernian FC score 75.8/100.

Seems like when the website domain name was registered is a compelling factor with this, Sportemon Go only launched this year hence the low score.

[bigwheel]

I think those saying this is something different, not a scam, have a fair point..

Yet, because it is so different and new. And also because there is a commerciality of this different from Most other sponsor relationships, There is a bigger than ever need for Hibs to explain why it is interesting and why they are connecting their valuable fan community with it . The fact that the messages are nameless and look largely like cut and paste Q&A stuff from the partner company is underwhelming and not helping .

Get out in front of this …do a video, talk about it ..bring some people in who can talk about the fun or value of it.

Help people understand.

[matty_f]

I think those saying this is something different, not a scam, have a fair point..

Yet, because it is so different and new. And also because there is a commerciality of this different from Most other sponsor relationships, There is a bigger than ever need for Hibs to explain why it is interesting and why they are connecting their valuable fan community with it . The fact that the messages are nameless and look largely like cut and paste Q&A stuff from the partner company is underwhelming and not helping .

Get out in front of this …do a video, talk about it ..bring some people in who can talk about the fun or value of it.

Help people understand.
I think that would definitely help. There is the Q&A on the latest update but off it’s going to get off the ground in any meaningful way, it needs a fairly strong campaign.

It’s very easy to see why folk would be sceptical.

[Smartie]

I've not seen anyone else make that link, only you.

So you didn't see the post I was replying to then -


You’d have thought the new CEO would be all over any potentially damaging partnerships after his **** up at Norwich.


Did our CEO even have anything whatsoever to do with this deal?

Dunno. Someone made the interesting point that our CEO was involved in a controversy in his previous job that led to him losing a good job, somewhere where he was held in pretty high esteem by all accounts. This is a message board where we speculate from time to time, and whilst the situations are admittedly not identical it is interesting to see certain parallels.


It's pure speculation on your part and just adding to the scam frenzy.

Guilty as charged, although adding to scam frenzy is possibly a bit OTT.


EDIT - how are they a morally dubious company? You think that just because of some bots on Twitter or do you actually know something the rest of us don't?

I've done a lot of searching on Google and don't see anything remotely dodgy about them at all.

You're jumping on the scam bandwagon and spreading it like it's fact.

I don't know much about it. From my position of relative ignorance (one which I reckon I share with a huge chunk of our support) all I can say is that it looks, sounds and feels dodgy. If your research has found something to contrary, please share it - I'm here to be convinced.

The point higher up the page is also a good one - that Hibs haven't exactly gone out of their way to alleviate any concerns, albeit they've not had much time to.

I'm just discussing a new commercial partner Hibs have, one that looks a bit dodgier than the ones we've had in the recent past. Your accusations are wee bit harsh.

[Irish_Steve]

I don't have the time to explain something that could be explained to you in very quick and simple terms on this wonderful new web search site called Google. Try it, will change your life.

If a search is quick and simple, why can't you do a quick and simple explanation???

[Tobias Funke]

The environmental argument is a non starter, this runs on binance smart chain which is proof of stake, not proof of work.

Just because someone doesn't understand something or doesn't grasp the concept of owning non physical goods, doesn't make it a scam.

Try think of it as owning a trading card or stickers. It's not claiming to be a currency or investment.

That said, SportemonGo was founded this year I believe? There's a very good chance this whole thing goes tits up and doesn't exist come the next 'crypto winter'.

If it does survive, and flourish then it may be a thing of value to own the first fan token on the system.

No one is making you buy it.

:top marks

[superfurryhibby]

For comparison, Hibernian FC score 75.8/100.

Seems like when the website domain name was registered is a compelling factor with this, Sportemon Go only launched this year hence the low score.

There a bit more to the low ranking that being new, but it is a factor.....

"The sportemongo.com site received a very low rank, but it could change in time. Its niche is essential, so we're looking to get all the validations done as close to perfection as possible. This way, you can protect yourself from financial fraud. Feel free to share your thoughts below.


Our Scam Detector VLDTR® algorithm had in motion factors that scan the company's website, in this case sportemongo.com. When we review websites, we search for professional details that reveal vital information about their business. For instance, how they charge, sell, service, etc. For example, if we check a clothing business, we don't rate the fashion style, but rather how they sell it online (shipments, charges, etc.).


This review and the rating of sportemongo.com are generated based on the powerful factors we have on hand, so attention to detail and common sense are required.


In other news, if you are the owner of this website, please address the eventual issues by writing us an email at info at scam-detector dot com. We would be happy to review the review.

[superfurryhibby]

There are a few reasons for this rating. Our algorithm gave the 8.6 rank based on 53 factors relevant to sportemongo.com 's industry. We have aggregated all the vital elements, ranging from the customer service in its niche to the public feedback and its Domain Authority (DA).


However, the biggest red flag is that the domain name is very young. It was registered a few weeks ago. This makes it very hard for a brand new website to launch the business, promote the services/products, get customers to buy them, use them, and then have the time to leave the reviews, too - all in a very short time. Hence the New. Suspicious. Dubious. tags.


However, we still gave the benefit of the doubt as for every new business. So our algorithm still came up with the 8.6 rating adding in the mix all the other relevant factors to the niche. They include Alexa rank, SSL certificate, IP address, the technology used, and negative feedback on social media.

https://www.scam-detector.com/validator/sportemongo-com-review/

[WhileTheChief..]

So you didn't see the post I was replying to then -





Dunno. Someone made the interesting point that our CEO was involved in a controversy in his previous job that led to him losing a good job, somewhere where he was held in pretty high esteem by all accounts. This is a message board where we speculate from time to time, and whilst the situations are admittedly not identical it is interesting to see certain parallels.



Guilty as charged, although adding to scam frenzy is possibly a bit OTT.



I don't know much about it. From my position of relative ignorance (one which I reckon I share with a huge chunk of our support) all I can say is that it looks, sounds and feels dodgy. If your research has found something to contrary, please share it - I'm here to be convinced.

The point higher up the page is also a good one - that Hibs haven't exactly gone out of their way to alleviate any concerns, albeit they've not had much time to.

I'm just discussing a new commercial partner Hibs have, one that looks a bit dodgier than the ones we've had in the recent past. Your accusations are wee bit harsh.

Yeah apologies, didn’t mean for it to sound so harsh and I kinda just picked on your use of scam as it was the last one on the thread before I posted. Sorry for that.

Being wary or suspicious is a natural reaction but jumping to calling it a scam is a tad far and doesn’t reflect well on the folk running our club.

I trust them and don’t think we are getting involved with anything dodgy.

[Hibby70]

Until we see exactly what you get for whatever you need to pay for it people will be cautious (and rightly so). The existing investors jumping on the Hibs fans tweets with generic terms and saying how amazing things will be don't exactly remove the concerns.

They need to give some very specific examples.

I think it will only appeal to a very small number of Hib$ fans and fall flat on its face within months.

[BegbieHSC]

On the scam detector algorithm, Hibs.net scored 64.6.
Kickback on the other hand scored 64.4. The wee frauds.

[tmb1875]

Being a season ticket holder should be enough for the club not this nonsense the more you spend the better a fan you are the more exclusive content you get. All benefits a 3rd party aswell.


Sent from my iPhone using Tapatalk

[Rumble de Thump]

Being a season ticket holder should be enough for the club not this nonsense the more you spend the better a fan you are the more exclusive content you get. All benefits a 3rd party aswell.


Sent from my iPhone using Tapatalk

It's a sponsor offering additional content, competition prizes etc. Not the club. Quite a few of our sponsors have done that.

[tmb1875]

I get that but it will be the club providing the content, could they not have ramped up hsl and done the same thing. Would be a win win.


Sent from my iPhone using Tapatalk

[Bridge hibs]

How much revenue is this and others combined bringing into the club, outwith season tickets ?

I remember years ago when sponsors were announced it was as an example, P&D Windows secure 3 year sponsorship worth £600,000, now its just 6 figures etc

[marinello59]

It's a sponsor offering additional content, competition prizes etc. Not the club. Quite a few of our sponsors have done that.

This is something different. I really don’t like it at all.


QUOTE, the fan experiences and opportunities created by this partnership come from the rights Sportemon Go have acquired as a partner of Hibernian FC. They have chosen to tailor their access to player appearances, match tickets and other elements of their partnership inventory to create new fan experiences, that would otherwise have not been possible. Hibernian FC and Sportemon Go will be working with fans, fan groups and HIB$ Fan Token holders to help shape the money-can’t-buy fan experiences on offer.

[Rumble de Thump]

Dunno. Someone made the interesting point that our CEO was involved in a controversy in his previous job that led to him losing a good job, somewhere where he was held in pretty high esteem by all accounts. This is a message board where we speculate from time to time, and whilst the situations are admittedly not identical it is interesting to see certain parallels.



Ben Kensell resigned from his job at Norwich. There was no suggestion it was anything to do with a sponsorship deal. The club's major shareholders didn't want him to leave.

[Since452]

My daughter has already asked how to get these tokens. I think it'll be very popular amongst kids. Especially with Christmas coming up.

[Rumble de Thump]

This is something different. I really don’t like it at all.

What you've quoted doesn't seem to be particularly unique compared to what previous sponsors have done. What do you not like about that?

[Broken Gnome]

This is something different. I really don’t like it at all.

It's nice to have ambitions to improve the 'experience'. We don't like the atmosphere at the moment, there's thousands of missing fans which likely goes beyond Covid in many instances, and Ron's clearly identified matchday as something to be worked on.

But... I could be wrong, but I'm not sure Hibs fans are realistically the ones to help create these once in a lifetime opportunities or whatever they are. All the crypto followers who now follow Hibs and want to be on board with this 'partnership' aren't going to find much glamour on offer - if I'm sat watching Hibs-St.Mirren I really can't see it becoming a grand entertainment event that has mass appeal beyond the 10k who would typically want to go.

If commercial partners means more money and better players then job done for me. Can't help but feel this new image we're developing is pie in the sky stuff that will fizzle out and ultimately be a bitter disappointment to those pushing it.

[Broken Gnome]

What you've quoted doesn't seem to be particularly unique compared to what previous sponsors have done. What do you not like about that?

It feels like it has different ambitions though, doesn't it? And is it just to Hibs fans or are we looking for a new audience?

Is a traditionally golf day doing Royal Musselburgh really going to cut it for the fintech whizzkids who are looking for riches here? We're a modest club, I genuinely can't see what this is trying to create.

[Pretty Boy]

This is something different. I really don’t like it at all.

Money can't buy experiences?

Excluding the money you have to spend to be eligible for the experiences of course. Who writes that stuff?

[Zambernardi1875]

You get a better idea what the company are about after listening to Ricky Jackson on YouTube vids.

[bigwheel]

You get a better idea what the company are about after listening to Ricky Jackson on YouTube vids.

Does it come over positive ?

[Viva_Palmeiras]

I’ve not really been following this and from the material so far still not getting it but guess I’m not the demographic…

So is it that once in a lifetime or certain experiences will only be able to be bought with this crypto currency - so another layer on top of the usual supply and demand. Will you just not end up alienating one part of the support in chasing another who may be a bit ‘meh’ about the whole thing anyway?

[Andy74]

It feels like it has different ambitions though, doesn't it? And is it just to Hibs fans or are we looking for a new audience?

Is a traditionally golf day doing Royal Musselburgh really going to cut it for the fintech whizzkids who are looking for riches here? We're a modest club, I genuinely can't see what this is trying to create.

Some strange thinking going on in this thread.

What on earth do fintech whiz kids have to do with this?

It is offering some different digital stuff for Hibs fans to buy and the potential for some other content and fan experiences.

Some people are taking some nonsense ideas they might have heard about ‘crypto’ and running with it here.

[bigwheel]

Does it come over positive ?

Here is the founder talking about it

https://youtu.be/EmMWUMgXxD4


Didn’t trouble me , but neither did it motivate me to get involved ….

It is though a digital gaming and NFT trading platform ..it seems you can win and lose on it