• cowvin@kbin.social
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      2 years ago

      It’s a new platform so they must be burning investor money to promote the platform by doing this. It’s working. They just need to have a plan to earn it back.

      • Gorillan@lemmy.world
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        2 years ago

        They also earn a lot from Stake, their gambling platform. $100 million probably isn’t that much for them.

    • FIST_FILLET@kbin.social
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      2 years ago

      Kick is run by gambling companies and online casinos. the initial reason for Kick even existing was that Twitch banned gambling streams

    • Red Wizard 🪄@lemmygrad.ml
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      2 years ago

      I mean it’s probably easy when you get your money by fleecing your fan base with a crypto gambling scheme.