[ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm

Quote from: gluedog on August 04, 2017, 09:32:01 PM

Billionaire Token - The world's first low supply, super-deflationary, gambling-oriented Ethereum ERC-20 Token
Powered by Smart Contracts

http://billionairetoken.com/bitcointalk/front_btc_logo.png

Useful links:

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Website:
https://BillionaireToken.com
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Whitepaper:
https://BillionaireToken.com/WhitePaper.pdf
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Github:
https://github.com/billionairetoken/TokenCore
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Twitter:
https://twitter.com/BillionaireTkn
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Explorer:
https://etherscan.io/token/0x49aec0752e68d0282db544c677f6ba407ba17ed7
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MyEtherWallet burning guide:
https://BillionaireToken.com/MyEtherWalletBurn.pdf
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MyEtherWallet creation guide:
https://billionairetoken.com/MyEtherWalletCreation.pdf
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Slack:
https://billionairetoken.herokuapp.com/
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ICO Status: Online:

Today's base bonus: 50-65%.
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Daily special bonus: 70% extra to the first contributor of more than 5 ETH / 0.4 BTC / 30 LTC.

The first transaction after 7:30 PM GMT on the blockchain that respects these limits, receives each day an extra of 70% XBL tokens

Claimed by eggsandspamm.

Today's very special bonus: 65% extra to the first ten contributors of more than 3 ETH / 0.25 BTC / 20 LTC.

The first ten users that contribute today and respects these limits, receive an extra of 65% XBL tokens

Claimed 1/10 times

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https://billionairetoken.com/bitcointalk/icolink.png

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The Billionaire Token project

Dear cryptoheads, we have a big announcement to make: starting this August, each one of you will have the chance to become a Billionaire, and it really doesn't matter wether you are a swift hand crypto gambler or a patient long term investor. This may sound like one of those annoying pop-ups you were furiously closing back in the day, but we're now in 2017, and even though there are still no flying cars around, Blockchain Technology has radically changed the way we think about money, "internet money" to be more precise.

We're talking about Billionaire Token (XBL), an ETHEREUM ERC-20 token, designed and tailored specifically for the gamblers and the smart investors of this crazy crypto world. Most other coins or tokens have some sort of mining system, but Billionaire Token has the exact opposite: It features a deflationary mechanism that destroys some XBL tokens each week via a decentralized raffle. In addition to this, another Smart Contract - the Burner - that works kind of like a twisted Faucet, rewarding people for burning their own coins, will further increase the deflation. This is what will initially provide intrinsic value to the token and differentiate it from the competition.

Even if you're not the gambling type, we think that long-term investors will see the value of Billionaire Token. The gambling industry is one of the most profitable environments for a business nowadays.

But you can't make it in the gambling industry without having a top-notch product.

So what exactly does Billionaire Token offer that is new and exciting?

http://www.billionairetoken.com/bitcointalk/2TokenUsage.png

Q: How is the "Billionaire Hold'em" poker game going to work?

A: "Billionaire Hold'em" will be a piece of open-source software (a game) running on the Billionaire Token network. A classic Texas Hold'em Poker game with a twist - users will be using XBL tokens as the in-game currency. We will be seeding our random number generator via an Ethereum Smart Contract - The seed will become public knowledge once the game is over. Since this seed can be sniffed over the network via a man in the middle attack (and thus people will be able to cheat at the poker game) we will combine this with an internally-generated number, one that will also be made public once the game is over. This will make Billionaire Hold'em 100% fair and auditable.

http://billionairetoken.com/bitcointalk/5BillionaireHoldem.png

Q: What are the coin specifications?

A:

http://billionairetoken.com/bitcointalk/1CoinFeatures.png

Q: What about the premine ? How will you prove that half will be used for bounties and advertising campaigns?

A: Half of the 8.5% XBL tokens, the bounty funds, will be found at ethereum address 0x23EA016b4EBA78dFC374E99b2F6793f8d2dB3ff1, no funds will leave here without justification. The whole process will be made as transparent and fair as possible. The bounty campaign has closed as it has reached its lower limit - the 50,000 tokens reserved and locked for the lambo bounty. More information on the Bounty Campaign can be found below.
The rest of the premine (4.25%) is property of Billionaire Token team - we believe that having a stake in the project will align our interests with those of the other token holders and will increase the projects' chances of success.

Q: Ok this looks great, but why choose an ethereum token? Why not a "regular" coin with its own blockchain?

A: Running the Billionaire Token on the Ethereum network instead of having our own blockchain is better suited for our goals (deploying and running the decentralized raffle is much simpler on a smart contract platform). Also it makes the whole experience a lot more user friendly. Instead of having to download a whole new wallet and the subsequent blockchain, Billionaire Tokens will be usable with any Ethereum Wallet capable of calling functions on smart contracts. Popular wallet choices include MyEtherWallet or Mist

Billionaire Token roadmap (2017-2018):

http://billionairetoken.com/bitcointalk/3RoadMap.png

Q: How will the ICO work?

A:

http://billionairetoken.com/bitcointalk/day11.png

A coin's value is determined by supply and demand - we think that we have the perfect plan solve both of the following issues, that will in turn have the effect of increasing the value of each token:

1: Reduce supply - The deflationary mechanism takes care of this, as there realistically should not be more than 1-2 million tokens after the poker game is launched.
2: Increase demand - Apart from the benefits of the speculative aspects of owning Billionaire Token, people will be able to do super fun stuff with it - play the weekly "Become a Billionaire" raffle and the "Billionaire Hold'em" poker game. And then they can always burn their own coins.

You can participate in the ICO right now - be sure to read all the instructions carefully and review our Terms of use.

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Exchanges

Shortly after the Token Sale we will deploy the "Become a Billionaire" decentralized raffle Smart Contract on the Ethereum Network. The code will pass through a series of peer-reviews and security audits before being deployed. All information will be made public knowledge - we seek to be as transparent as possible.

We believe that after the ICO, people will need another way of safely acquiring Billionaire Tokens, and as such we will personally pay the listing fees for the Exchanges. We are looking at the following exchanges for initial listing:

- Cryptopia
- Novaexchange
- Livecoin
- HitBTC
- EtherDelta

After the "Billionaire Hold'em" poker game is released, we will be aiming higher. Although exchanges like Bittrex and Poloniex are usually more difficult to get in, we are very optimistic that after we will have a solid foothold in the crypto-gambling industry, such exchanges will be more than happy to welcome us.

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Q: What are the bounties going to be?

A: Billionaire Token bounties will continually change as our project expands, so keep your eyes out for new opportunities!

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To find out more, please visit our bounty and rewards thread:
https://bitcointalk.org/index.php?topic=2067236

The Bounty Campaign was available for a limited time, and it ended on 27-August-2017.
The only bounty that remains is the Lamborghini bounty.

This campaign was part of our original token distribution plan. People who provided their services to us will became early adopters of Billionaire Token.

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I am Gluedog, lead developer and coordinator of the Billionaire Token project. I will be here to gladly answer any of your questions.

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Thank you for your time,
Gluedog and The Billionaire Token team
because money really is everything

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Disclaimer:

Billionaire Tokens are not securities, they have no rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features outside of the proprietary software "Become a Billionaire" raffle and "Billionaire Hold'em" poker game.
Billionaire Tokens are a product with a use-case.

Even though Billionaire Tokens are intended to be used as in-game currency for the "Become a Billionaire raffle" and "Billionaire Hold'em" and other upcoming games of the Billionaire Token team, you should still be aware of your own countries laws regarding futures and securities, even though we clearly do not intend Billionaire Tokens (XBL) to be used/sold/marketed as securities or futures, bonds, stocks etc., we can not possibly know every countries internal regulation and as such, buyers are responsible for their own countries laws regarding futures and securities. The Billionaire Token team will not be held liable for misuse of our product.

i certainly will be watching the developments closely
Hope it grows well