So which exchanges are you thinking of hitting first? Also if all the tokens are sold before the ICO finishes will this push forward the date when they will be listed or will you be sticking to the original schedule?
We're going to try for Cryptopia first, and then the rest of the exchanges listed in the first page. I read this up and down and still do not understand what the burning of coins you guys mean, is it that holders of you coin will choose to participate in a burn process or it is automatic for all holders?
In order to reward deflation this coin was rewarding users with 125% of coins burns as a reward but I believe that bounty campaign has since ended. Yea, people were quick to burn what they had, depleting the Bounty account. The raffle will have a burner smart contract implemented. Another key ingredient to the deflationary mechanism that is embedded into Billionaire Token is the
Decentralized Burner Smart Contract. The Burner receives 20% of the tokens that are sent to the weekly
raffle.
The weekly Become a Billionaire decentralized raffle will be the basis of the deflationary mechanism
for Billionaire Token. Every week, users can send 20 XBL to an Ethereum Smart Contract address – this
is the equivalent of buying one ticket, more tickets mean a better chance to win. Users can buy an
unlimited number of tickets to increase their chances. At the end of the week, the Smart Contract will
choose three winners at random. First place will get 40% of the tokens that were raised during that week,
second place gets 20% and third place gets 10%. From the remaining 30% of the tokens: 10% are burned
– as an offering to the market gods. The other 20% are sent to another Smart Contract Address that works
like a twisted faucet – rewarding people for burning their own coins.
The Become a Billionaire raffle Smart Contract will run forever, and will have an internal timer that
will reset itself every seven days. The players are registered to the Raffle by creating an internal mapping,
inside the Smart Contract, a mapping of every address that registers tokens to it and their associated
number of tickets. This mapping is reset every time the internal timer resets (every seven days).
I am sure that a more thorough guide will be created for users who may not be familiar with Smart Contracts. The way I understand it, is the Burner must be "called on" to burn, and must have the tokens (the 20 percent received from the raffle) or it cannot burn any tokens. So, the more people who play the raffle, the more tokens will be in the Burner. 10 percent are burned immediately, as an offering to the market Gods lol . . So, over time, the supply will diminish. With the upcoming poker game, which should be going because the ICO looks like it has been successful already, even in it's third day . . this will create demand. Demand on exchanges as well. Demand for the raffle. And demand for the Burner. All in all, a good formula for economic gain. Are the devs going to put a limit in how much can be burned? Like lets say the supply has burned down to 1m left, will they still keep burning? I'd like to know the answer to this, maybe your cut off is 100k? There is no limit to how many coins can be burned. The amount burned will be a percentage of all the coins sent to the raffle. So obviously as the supply will get lower and lower, this percentage will mean less and less coins getting burned. We'll let the users decide how many coins will be burned, we won't impose any limits on that. So what happens if there's only one person to put in for the raffle? Do they get their money back automatically? Is their a limit to the number of people who can participate in the raffle? Like 2 ppl - to a maximum? Yes, if there are 2 people or less participating in the raffle they will get their money back. There have to be three or more people (accounts) that participate in the raffle for it to work as described. |
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So which exchanges are you thinking of hitting first? Also if all the tokens are sold before the ICO finishes will this push forward the date when they will be listed or will you be sticking to the original schedule?
We're going to try for Cryptopia first, and then the rest of the exchanges listed in the first page. I read this up and down and still do not understand what the burning of coins you guys mean, is it that holders of you coin will choose to participate in a burn process or it is automatic for all holders?
In order to reward deflation this coin was rewarding users with 125% of coins burns as a reward but I believe that bounty campaign has since ended. Yea, people were quick to burn what they had, depleting the Bounty account. The raffle will have a burner smart contract implemented. Another key ingredient to the deflationary mechanism that is embedded into Billionaire Token is the
Decentralized Burner Smart Contract. The Burner receives 20% of the tokens that are sent to the weekly
raffle.
The weekly Become a Billionaire decentralized raffle will be the basis of the deflationary mechanism
for Billionaire Token. Every week, users can send 20 XBL to an Ethereum Smart Contract address – this
is the equivalent of buying one ticket, more tickets mean a better chance to win. Users can buy an
unlimited number of tickets to increase their chances. At the end of the week, the Smart Contract will
choose three winners at random. First place will get 40% of the tokens that were raised during that week,
second place gets 20% and third place gets 10%. From the remaining 30% of the tokens: 10% are burned
– as an offering to the market gods. The other 20% are sent to another Smart Contract Address that works
like a twisted faucet – rewarding people for burning their own coins.
The Become a Billionaire raffle Smart Contract will run forever, and will have an internal timer that
will reset itself every seven days. The players are registered to the Raffle by creating an internal mapping,
inside the Smart Contract, a mapping of every address that registers tokens to it and their associated
number of tickets. This mapping is reset every time the internal timer resets (every seven days).
I am sure that a more thorough guide will be created for users who may not be familiar with Smart Contracts. The way I understand it, is the Burner must be "called on" to burn, and must have the tokens (the 20 percent received from the raffle) or it cannot burn any tokens. So, the more people who play the raffle, the more tokens will be in the Burner. 10 percent are burned immediately, as an offering to the market Gods lol . . So, over time, the supply will diminish. With the upcoming poker game, which should be going because the ICO looks like it has been successful already, even in it's third day . . this will create demand. Demand on exchanges as well. Demand for the raffle. And demand for the Burner. All in all, a good formula for economic gain. Are the devs going to put a limit in how much can be burned? Like lets say the supply has burned down to 1m left, will they still keep burning? I'd like to know the answer to this, maybe your cut off is 100k? There is no limit to how many coins can be burned. The amount burned will be a percentage of all the coins sent to the raffle. So obviously as the supply will get lower and lower, this percentage will mean less and less coins getting burned. We'll let the users decide how many coins will be burned, we won't impose any limits on that. |
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Thanks for the fast response Dev .... I'm trying to take part now and get 45% bonus because I believe they will end very soon!
Where do I find the procedure to import tokens on my mytherwallet, decimal, date, etc?
I have seen the first ad on the exchanges where you want to quote: I really hope you push as much as possible for Cryptopia and Livecoin; would be great!
Thank you!
Use this guide to learn how to create a wallet on MyEtherWallet (if you haven't already): https://billionairetoken.com/MyEtherWalletCreation.pdfAnd to add a custom token to MyEtherWallet, follow the first step, only the first step, in this guide: https://billionairetoken.com/MyEtherWalletBurn.pdfIMPORTANT: Do not burn your coins as the bounty campaign is now over, you'll have to wait for the Burner and the Raffle Smart Contracts to be deployed on the Ethereum Network. Thanks  |
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Good morning Dev recently discovered Billionaire and wanted to ask you a few questions:
1) what was the discount of the first 2 days?
2) If I buy for example $ 1000 of tokens I will receive 10,000 XBL + other 4500 XBL which is today's discount of 45%?
3) Do tokens are immediately stored in my Myetherwallet wallet and then are traded when ico finished?
4) What is the maximum amount you can raise with ico if all of your XBL tokens are sold?
Thank you
Good mornin' 1. First day had 75%. Second day had 60%. 2. Yes. 14500 XBL total. 3. The tokens are sent in a few hours usually, sometimes faster and after the ICO is finished we will personally pay the exchange prices to get it listed ASAP. 4. The maximum we can raise with this ICO if all the tokens are sold is around $200k-230k depending on the bonus. Thanks:) |
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I read this up and down and still do not understand what the burning of coins you guys mean, is it that holders of you coin will choose to participate in a burn process or it is automatic for all holders?
In order to reward deflation this coin was rewarding users with 125% of coins burns as a reward but I believe that bounty campaign has since ended. Are you saying rewards was implemented and now stopped? was the burning for bounty campaigners only or opened to general coin holders? and 125% looks more like inflation than deflation... We were rewarding them with coins from the Bounty Account. The Bounty Account is now drained of funds so the bounty campaign stopped. We were essentially rewarding people for burning their own coins from the pre-mine funds. But now there are only 50k coins left in the Bounty account (that are permanently reserved for the lambo bounty) and so the bounty campaign has stopped. If you have any more questions I will answer them tomorrow. But I'm sure that if you read the whitepaper and the ANN you will understand how the burner will work - I've explained it in plain English the best I could. |
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I read this up and down and still do not understand what the burning of coins you guys mean, is it that holders of you coin will choose to participate in a burn process or it is automatic for all holders?
They choose to participate in burning coins, and getting rewards. Read our WhitePaper, the whole process is explained there https://billionairetoken.com/WhitePaper.pdfLook for the Burner. |
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Just wondering...
Is there any specific reason your servers are located in Romania?
?? What servers are we talking about, exactly? I'm very curious to know how you've come to that conclusion We take security very seriously and there is no way you can find out where our servers are located: DNS is routed through Cloudflare and mail is routed through Google. I'm very curious how you take security "very seriously" and yet think that since your MX and A DNS records for your root domain go through third party alllllll the other DNS records you have for your domain are automatically hidden from the world, which all point to servers in Romania. I only ask since I am legit considering investing in the ICO, I like the crazy deflationary system you guys have put together, but I've seen more then my fair share of scams ( not call yours a scam ), and alot of them run servers out of Romania, Bulgaria, and alike to avoid any legal intervention. Just putting it out there. If you can put my mind at ease, im in..to da moooon. Oh that's quite the faux pass there  Even though the server isn't apparently completely hidden, I am pretty sure it's not easily broken. So to answer your question: I am from Romania myself, and I chose to use a local hosting company since it's cheaper and easier. And if I can keep the money in the country, even better. Also I don't think I can avoid legal intervention just because I am from Romania. The FBI or SEC could easily come and get anyone anywhere. There was this one guy who hacked NASA, he was Romanian, he got busted by the FBI pretty easily because he bragged about it on his blog. If I wanted to avoid legal intervention I would buy some bitcoin VPS from an offshore company or something similar. |
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I need some help please. This is actually the first ICO I invested in. Ok so I received email that they sent me the XBL tokens but how do I see them on MyEtherWallet.com if there is no XBL listed there in Tokens section.
Congratz to all who invested so far!
Hey, To add a custom token to MyEtherWallet, follow the first step, only the first step, in this guide: https://billionairetoken.com/MyEtherWalletBurn.pdfIMPORTANT: Do not burn your coins as the bounty campaign is now over, you'll have to wait for the Burner and the Raffle Smart Contracts to be deployed on the Ethereum Network. Thanks |
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Update: The 60% bonus is overDay #03 of the ICO debuts with a total of 1,253,008 XBL sold. This is more than 41% of the total number of tokens.  |
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That's awesome, what exchanges are you looking at?
The main exchanges we'll be pushing for in the beginning are the following: - Cryptopia - Novaexchange - Livecoin - HitBTC - EtherDelta |
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According to the website 40% has already been sold in the first 2 days so it is defs going to sell out soon, well before the end of the ICO.
What happens then? If the ICO ends early are they going to try for exchanges right away? Yes, if we sell out early we're going for exchanges ASAP. UPDATE: Only 30 minutes left of the 60% Bonus! Do you think the raffle will be ready by then too? Depends how fast we sell out. lol. We'll be pushing for the raffle and burner code this week though. |
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According to the website 40% has already been sold in the first 2 days so it is defs going to sell out soon, well before the end of the ICO.
What happens then? If the ICO ends early are they going to try for exchanges right away? Yes, if we sell out early we're going for exchanges ASAP. UPDATE: Only 30 minutes left of the 60% Bonus! |
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This is the first time I heard for Billionaire Token and I was instantly interested. If I understand correctly, I came at best time possible, because at the time of writing this, ICO sale with 60% bonus is happening?
Hello, yes. The bonus is available for another 1 hour and 10 minutes. After this the 60% bonus is forever gone. Follow the instructions here https://BillionaireToken.com/ico to participate ----------------------------------------------------------------------------------------
hang on i just have to prove I own a lambo for 50k XBL?
Yes, and the license plate must contain "XBL" So I guess renting one is out? Yeah unfortunately you can't just rent one |
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Just curious, what happens with the raffle and the burner and the poker game if you guys decide to leave the project/ can not continue anymore?
Hi, The Raffle and the Burner Smart Contracts lie on the Ethereum Network and they are self-sufficient. Nothing would happen to them even if we did leave this project. The Billionaire Hold'em poker game will be an open-source Texas Hold'em game, that will connect to the Ethereum blockchain to provide proof of it's random randomness - Every game will be audited. It will not be possible to cheat at this game, even if you control and run the server. I guess that the community will just take over and run their own server with their own copy of the Billionaire Hold'em game. So to summarize: After we have finished our roadmap, the project will be self-sufficient and not dependant on us - The Billionaire Token Team. We will be running the official version of the Billionaire Hold'em poker game, we won't just make the game and leave One of the coolest things about smart contracts is their self- sufficiency. Now . . . after careful consideration . . if I had a billion dollars, I would buy a self-driving car. I drive everywhere and I get quite jealous of my girlfriend being able to look at facebook and pinterest or whatever while I am driving. I could be reading bitcointalk.org threads, or searching Amazon for frivolous purchases instead. That sounds like a win-win to me.  But about that Lambo Bounty. Must it be a Lambo? Watch out though, those self-driving cars are a bit dangerous still as it is experimental tech. Might want to keep an eye out on what it's doing as tesla's are notorious for driving into roundabouts or walls And about the Lambo bounty: Yes! It must be a Lambo, and you must also provide proof of ownership along with proof of license plate hang on i just have to prove I own a lambo for 50k XBL? Yes, and the license plate must contain "XBL" |
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Just curious, what happens with the raffle and the burner and the poker game if you guys decide to leave the project/ can not continue anymore?
Hi, The Raffle and the Burner Smart Contracts lie on the Ethereum Network and they are self-sufficient. Nothing would happen to them even if we did leave this project. The Billionaire Hold'em poker game will be an open-source Texas Hold'em game, that will connect to the Ethereum blockchain to provide proof of it's random randomness - Every game will be audited. It will not be possible to cheat at this game, even if you control and run the server. I guess that the community will just take over and run their own server with their own copy of the Billionaire Hold'em game. So to summarize: After we have finished our roadmap, the project will be self-sufficient and not dependant on us - The Billionaire Token Team. We will be running the official version of the Billionaire Hold'em poker game, we won't just make the game and leave One of the coolest things about smart contracts is their self- sufficiency. Now . . . after careful consideration . . if I had a billion dollars, I would buy a self-driving car. I drive everywhere and I get quite jealous of my girlfriend being able to look at facebook and pinterest or whatever while I am driving. I could be reading bitcointalk.org threads, or searching Amazon for frivolous purchases instead. That sounds like a win-win to me. But about that Lambo Bounty. Must it be a Lambo? Watch out though, those self-driving cars are a bit dangerous still as it is experimental tech. Might want to keep an eye out on what it's doing as tesla's are notorious for driving into roundabouts or walls And about the Lambo bounty: Yes! It must be a Lambo, and you must also provide proof of ownership along with proof of license plate |
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I had a 2006 Civic Type R some years back, it was a nice car at the time. Engines rev nice and high too, I'm sure the one ones are even better but come on it's got no chance against an M4 - 425bhp on a track.
We will find out soon when XBL launches and everyone who invested is rich, this race is on in our new fancy toys 😂😂 The new honda civic type r has 300 horse power and is a BEAST on the track. I have no doubt it will beat your M4 |
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Just curious, what happens with the raffle and the burner and the poker game if you guys decide to leave the project/ can not continue anymore?
Hi, The Raffle and the Burner Smart Contracts lie on the Ethereum Network and they are self-sufficient. Nothing would happen to them even if we did leave this project. The Billionaire Hold'em poker game will be an open-source Texas Hold'em game, that will connect to the Ethereum blockchain to provide proof of it's random randomness - Every game will be audited. It will not be possible to cheat at this game, even if you control and run the server. I guess that the community will just take over and run their own server with their own copy of the Billionaire Hold'em game. So to summarize: After we have finished our roadmap, the project will be self-sufficient and not dependant on us - The Billionaire Token Team. We will be running the official version of the Billionaire Hold'em poker game, we won't just make the game and leave |
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IMPORTANT: If you have sent funds to the ICO but have not e-mailed us at Billionaire@BillionaireToken.com - please do so and include your transaction ID after registering on the website. |
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This thread got a little bit hijacked. So I would like to get it back on topic.
QUESTION:
What is the first thing you would do if you were Billionaires ?
What would you buy?
FREE TIME! I think free time is a byproduct of being a Billionaire  You don't have to work anymore so you have all the free time in the world. If I had a billion I would go into space, want to do that so bad at some point in my life for sure so would buy a ticket with Space X or something. Short term though with XBL fun coupons I'm hoping I can get a BMW M4, closest thing I'll get to a rocketship at the minute 😊  I'll race your M4 with my honda civic type R I think I have a chance to win on a race track. About space - it's always been my dream to fly. And zero gravity is one way to do it. Another way to fly is skydiving, but apparently it's bad for your spine when you land - so I'm a little bit scared of that. Haha when XBL takes off your on, Type R got no chance against an M4. Rear wheel drive > Front wheel drive on the track 😋 Yeah I have always wanted to try skydiving but with a snowboard so I could cruise through the sky while doing it. As long as you land ok your fine. My grandad did that parasailing a few years back at the age of 91 and they were worried about him landing on the beach but he landed like a boss and the guys were amazed he did it. He was a fucking Paratrooper in WW2 😂😂 You'd be quite surprised at how good the front-wheel-drive honda civic Type R is on the track. How many horsepower does your BMW m4 have? |
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This thread got a little bit hijacked. So I would like to get it back on topic.
QUESTION:
What is the first thing you would do if you were Billionaires ?
What would you buy?
FREE TIME! I think free time is a byproduct of being a Billionaire You don't have to work anymore so you have all the free time in the world. If I had a billion I would go into space, want to do that so bad at some point in my life for sure so would buy a ticket with Space X or something. Short term though with XBL fun coupons I'm hoping I can get a BMW M4, closest thing I'll get to a rocketship at the minute 😊 I'll race your M4 with my honda civic type R I think I have a chance to win on a race track. About space - it's always been my dream to fly. And zero gravity is one way to do it. Another way to fly is skydiving, but apparently it's bad for your spine when you land - so I'm a little bit scared of that. |
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