[ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery.

[Inc_BitSquirrel]

Hey all, 

TITStokenCEO is right. However, you can also trigger it by specially created function for dividends payout (It is written in whitepaper and smart contract itself):

    /**
     * @dev Pay unpaid dividends
     */
    function payDividends() external {
        require(investStart == 0);
        commitDividend(msg.sender);
        payWallet();
    }

I think it might involve less code execution (and consequently, lower costs of transaction). However, I am not the Smart Billions developer so I do not take any responsibility for that claim

For those of you, who need small help

1. Go to MyEtherWallet and choose "Contracts" from the above tab
2. Copy-Paste the address of the Smart Billions Contract to Contract Address field (You can get it from etherscan.io: https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C )
3. Copy-Paste ABI of a Smart Billions Contract to ABI/JSON field (You can get it also form ethersca.io link above. Just click Contract Source tab and you will find it)
4. Click Access
5. Choose payDividends function from Read / Write Contract section below
6. Access your wallet with one of the options provided  (the simplest, but least secure is providing your wallet private key - NOT RECOMMENDED)
7. Finalize the transaction and send it to network (Click Write -> Leave "Amount to Send" set to 0 ETH [zero] -> adjust Gas Limit - for instance to 200 000 should be enough -> Click Generate Transaction and send it)

Of course this Transaction has to be made from the wallet which holds your SMART Tokens! In general it should work. Please remember also that cost of the Transaction might be higher than Dividents itself. I Recommend calculate your potential dividends income beforehand.

Answering the potential question of "When I can do it?" You just need to wait for the next dividend period to happen. Small instruction provided below:

1. Visit Smart Billions Contract on etherscan (https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C)
2. Choose "Read Smart Contract"
3. dividendPeriod value provided below has to be 2 (Now it is 1). It should change around 30th of November

Regards!

[nujeryts]

Will this project be taxed somehow? And in general, how much's all this legal?

[Inc_BitSquirrel]

Will this project be taxed somehow? And in general, how much's all this legal?

I don't think anybody will answer this question Legislation of cryptocurrencies varies a lot from country to country and in general nobody knows anything for sure

How does the dividend payout system work? Where will I receive funds? And can anyone work out so far how much 1 smart will earn you?

You can get all the data from studying Smart Contract (https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C)

1. You can see in code that dividends are calculated as follows in CommitDividents function:

       uint share = balances[_who] * 0xffffffff / totalSupply;
        uint balance = 0;
        for(;last<dividendPeriod;last++) {
            balance += share * dividends[last];
        }

So share is your balance (for instance 1 SMART) divided by totalSupply (7852650), which equals around ~0.0000001. Consequently your dividends will equal to your share multiplied by dividends in fist period, which are currently 1861403419200000000 Wei. As a result dividends for 1 SMART are worth today around ~0.000000237 ETH.

Of course dividend value will rise till the end of first dividend period, with tickets being purchased. You can always check it on etherscan (link above). Just go to "Read SmarContract". Find  "17.  dividends " field, put there value 1 and click "query". The function will give you back current overall dividend value for period 1.

What is more you don't have to get your dividends right away (for instance if they are too small in compare to transaction fee). CommitDividents function will sum up your dividends across all periods you didn't gather them.

Regards

[chopter]

Any updates from devs?

[chodizzle]

nice someone won 60 eth hitting 5/6 numbers!

[twofreckles]

nice someone won 60 eth hitting 5/6 numbers!

damn what are the chances of that one? I'm not mathematician, but doesn't it sound unlikely to happen so fast?

[ThorvaldAagaard]

Odds are 1 : 184,414
Currently there have been around 30.000 bids, so it is not that strange

[cijulangboy]

Hey all, 

TITStokenCEO is right. However, you can also trigger it by specially created function for dividends payout (It is written in whitepaper and smart contract itself):

    /**
     * @dev Pay unpaid dividends
     */
    function payDividends() external {
        require(investStart == 0);
        commitDividend(msg.sender);
        payWallet();
    }

I think it might involve less code execution (and consequently, lower costs of transaction). However, I am not the Smart Billions developer so I do not take any responsibility for that claim

For those of you, who need small help

1. Go to MyEtherWallet and choose "Contracts" from the above tab
2. Copy-Paste the address of the Smart Billions Contract to Contract Address field (You can get it from etherscan.io: https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C )
3. Copy-Paste ABI of a Smart Billions Contract to ABI/JSON field (You can get it also form ethersca.io link above. Just click Contract Source tab and you will find it)
4. Click Access
5. Choose payDividends function from Read / Write Contract section below
6. Access your wallet with one of the options provided  (the simplest, but least secure is providing your wallet private key - NOT RECOMMENDED)
7. Finalize the transaction and send it to network (Click Write -> Leave "Amount to Send" set to 0 ETH [zero] -> adjust Gas Limit - for instance to 200 000 should be enough -> Click Generate Transaction and send it)

Of course this Transaction has to be made from the wallet which holds your SMART Tokens! In general it should work. Please remember also that cost of the Transaction might be higher than Dividents itself. I Recommend calculate your potential dividends income beforehand.

Answering the potential question of "When I can do it?" You just need to wait for the next dividend period to happen. Small instruction provided below:

1. Visit Smart Billions Contract on etherscan (https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C)
2. Choose "Read Smart Contract"
3. dividendPeriod value provided below has to be 2 (Now it is 1). It should change around 30th of November

Regards!

i have try to claim..but i not receive token

[cryptonull]

It's 13.11 - where is the exchange list?  

[nickslikk]

When is SmartBillions going to be listed on an exchange?

[ucliktea]

SMART list on https://etherdelta.com/#SMART-ETH

[cryptonull]

SMART list on https://etherdelta.com/#SMART-ETH

That's only one exchange. They say exchanges.

[nickslikk]

What is the price of SmartBillions on Etherdelta?

[sweden_haw]

SMART list on https://etherdelta.com/#SMART-ETH

That's only one exchange. They say exchanges.

seriously now... wtf are you guys talking about...?


so SMART is smartbillions?

https://coinmarketcap.com/currencies/smartcash/   this is "SMART" .... so you never have traded smartbillions. https://smartcash.cc/

have NOTHING to do with smartbillions...

but i love that you guys really check and know your stuff.

please keep trading on "SMART" ... so you can be a part of smartbillions........  or wait, it got NOTHING to do with it.

Or does it???


I might be the "idiot" here... i dont get it.. no info in etherdelta and very strange site. and no info from smartbillions team.

[Inc_BitSquirrel]

i have try to claim..but i not receive token

I wrote precisely in my last post:
" Answering the potential question of "When I can do it?" You just need to wait for the next dividend period to happen. Small instruction provided below:

1. Visit Smart Billions Contract on etherscan (https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C)
2. Choose "Read Smart Contract"
3. dividendPeriod value provided below has to be 2 (Now it is 1). It should change around 30th of November".

So it won't work till around 30th of November. Please check Etherscan.io link to check what dividend period we have before trying again. It has to be  >1, only then function will work.

seriously now... wtf are you guys talking about...?


so SMART is smartbillions?

https://coinmarketcap.com/currencies/smartcash/   this is "SMART" .... so you never have traded smartbillions. https://smartcash.cc/

have NOTHING to do with smartbillions...

but i love that you guys really check and know your stuff.

please keep trading on "SMART" ... so you can be a part of smartbillions........  or wait, it got NOTHING to do with it.

Or does it???



I might be the "idiot" here... i dont get it.. no info in etherdelta and very strange site. and no info from smartbillions team.

There is no any official organisation to keep naming convention explicit. There have been many cases in crypto-world where two coins or tokens had simillar names. That is nothing new.

Long story short Smart Cash from coin market cap is not the same as SMART from Ether Delta (which is Smart Billions Token). You always has to exactly check what you want to trade on EtherDelta (check "Token (i)" tab - it provides information about tokens. You can see there, that SMART from EtherDelta is connected to Smart Billions Contract).

Regards

[Rumipl]

SmartBillions 14.11 update
We are elated to announce the biggest win to date in the SmartBillions lottery. Our latest lucky player hit 5 numbers, betting a relatively low 0.003 to garner a tremendous 60 ETH reward. Congratulations to the 20,000 USD prizewinner. We hope to see more big scores soon.

We'd also like to announce major website changes to go live in  the next few days. We’re also implementing a new, user-friendly mobile version for those who prefer to play on the go.
The UX for both mobile and desktop players will be improved, along with better usability and improved wallet functionalities.

With the new site announcement, our new marketing campaign will go live too. Its focus is on growing our community of players. We expect increasing frequency in bet placements and a rise in value - all in the near future.

The SmartBillions Token is now officially listed on EtherDelta exchange:
https://etherdelta.com/#SMART-ETH

SmartBillions bounty campaign payouts will start today !
We would like to thank all the bounty campaign participants for supporting the SmartBillions project. Let’s keep up the good work!

[Inc_BitSquirrel]

SmartBillions 14.11 update
We are elated to announce the biggest win to date in the SmartBillions lottery. Our latest lucky player hit 5 numbers, betting a relatively low 0.003 to garner a tremendous 60 ETH reward. Congratulations to the 20,000 USD prizewinner. We hope to see more big scores soon.

We'd also like to announce major website changes to go live in  the next few days. We’re also implementing a new, user-friendly mobile version for those who prefer to play on the go.
The UX for both mobile and desktop players will be improved, along with better usability and improved wallet functionalities.

With the new site announcement, our new marketing campaign will go live too. Its focus is on growing our community of players. We expect increasing frequency in bet placements and a rise in value - all in the near future.

The SmartBillions Token is now officially listed on EtherDelta exchange:
https://etherdelta.com/#SMART-ETH

SmartBillions bounty campaign payouts will start today !
We would like to thank all the bounty campaign participants for supporting the SmartBillions project. Let’s keep up the good work!

Hi Smart Billions team!

That is indeed great news! Thanks for keeping us updated. You should definitely share those information on other channels (FB, twitter...) as there has been a small lack of feedback from you over the last few days and some investors might got a little bit nervous.

Additional, question to you: Do you plan to list SMART Token on other exchanges? If so, which ones and when we can expect it to happen?

For all others, who didn't check Smart Billions reddit channel. Here you have a nice live-statistics page of Smart Billions:
https://ethgamestats.com/smartbillions/#

You can check such data as number of tickets sold or even pre-calculate your potential dividends for current period. Very useful in my opinion!

Regards

[Adhichan]

this good news for participants of the prize campaign, I can not wait for it, when to enter the big stock for SMART

[Rumipl]

Bounty campaign payouts update.
Dear SmartBillions Bounty campaign participants. Bounty campaign payouts started !
Payouts are made from this address:
https://etherscan.io/address/0x199086573ce73fe0175342cab452c356a425979c
In the first order Twitter, Facebook and Signature campaigns payouts are made. Please be patient as there’re almost 2,000 transfers to be made !

[rydnev]

What is the price of a token now?