Timur Kasumov: “The cost of the entry of a new brand into the market is 100 thousand NZD”
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- Timur Kasumov: “The cost of the entry of a new brand into the market is 100 thousand NZD”
Therefore, we try to negotiate all these points before the Start of cooperation and show them in detail in the business plan. But I emphasize that we consider the situation exclusively in the new business section. From the point of view of the financial component, it comes out more expensive than Curacao, but the invested funds are fully justified.
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Vetas Gaming is not our only name, that’s what it’s called in Belarus. It all depends on which market the company enters and which team will work with this project. It should consist of native speakers from the countries we work with. This is necessary to negotiate with affiliates, players, etc. Our goal is not to create an international brand, but to make something of our own and native for the user, so that he feels that it is his company. That belongs to their culture and language.
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Timur Kasumov: “The cost of the entry of a new brand into the market is 100 thousand NZD”
Yes, so this company is still unable to do anything about it and provide Russian payment services. Obtaining the corresponding licenses is included in our list of services. Among them, not only from Curacao, but also from Malta, as well as from the UK, which for the entire period of existence of Veins we take for both B2B and B2C companies. For everyone else entering unregulated markets, the Curacao license is sufficient. Just today, before our conversation, I had conversations with a company from the CIS. For various reasons, I will not name who it has been.
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