Rumipl (OP)
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September 14, 2017, 09:11:26 AM Last edit: October 11, 2017, 09:28:39 AM by Rumipl |
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READ THE SMART CONTRACT: Github SmartBillions is the first fully decentralized and transparent lottery managed by an Ethereum smart contract. All bets and results are public and recorded on the Ethereum blockchain without 3rd party involvement. Only 0.25 % of the lottery funds are accessible to the smart contract operations. SmartBillions tokens crowdsale ("ICO") goal is set at 200 000 ETH. 90% of the funds raised will be allocated to the Jackpot. The remaining funds will be designated to marketing. SmartBillions Token (“PLAY”) holders will receive a monthly dividend starting one month after the initial token offering closing date. The Estimated Annual Yield is over 30% . Token Holders are given a revolutionary investment protection guarantee. They are allowed to redeem Tokens any time after the PLAY Tokens crowdsale closing date and reclaim most of the invested funds, even in the event of currently unpredictable issues.The revolutionary character of the SmartBillions Ethereum smart contract lottery comes from:1. The lottery is operated by a fully independent smart contract serving as a self-amending regulatory guarantor. The whole process is held on Ethereum blockchain. 2. The limited PLAY Tokens sale crowdfunding goal is set for the highest initial Jackpot of all online lotteries (180,000 ETH), with an unprecedented win structure not limited to the Jackpot value. 3. Full transparency and security thanks to the smart contract’s elimination of any third-party involvement in the lottery process and funds management. 4. Lack of sign-up requirements providing full anonymity with instant Ticket purchase capabilities. 5. No prior deposit requirements - direct Ticket payment from players’ digital wallets. 6. Immediate, secure and anonymous payouts directly after each lottery drawing. 7. Nearly instantaneous bet placement (under 1 minute), results (approximately 60 seconds) and win payout (instant). SmartBillions ICO starts 16/10/2017 12:00 GMT SmartBillions PLAY Tokens offering possess unique and revolutionary character. Is based on the following characteristics:1. SmartBillions smart contract is finished and tested. The product is ready to launch unlike other ICO where the product development hasn’t started yet. 2. 90% of the raised funds will be transferred directly to the lottery Jackpot. 3. Crowdfunding backers will receive almost 80% of the Tokens. 4. The first token sales with guaranteed downside protection for Investors and Token redemption possibility. The latter means that backers will have the unprecedented ability to redeem PLAY Tokens anytime – with most of their funds returned. This feature has never been offered in by any previous “ICOs” (initial coin offerings). 5. Monthly dividend payout directly from lottery Ticket sale revenues. 6. A ready to market product with full-feature operating ability, limiting project risk and need for long-term project participation. 7. Risk-free smart contract product with full security proven in the hackathon process (hackathon prize: 1500 ETH) provided by SmartBillions’ creators to validate the system’s safety). ICO
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tessaphin
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September 14, 2017, 09:20:59 AM |
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total coin ? Any bounty sir ?
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Rumipl (OP)
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September 14, 2017, 09:31:20 AM |
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The number of Tokens is limited to 252 000 000 PLAY Tokens. 1 ETH = 1000 PLAY Tokens
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scutzi128
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September 14, 2017, 09:37:54 AM |
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downside protection is really good, never heard of any ICO doing this. How would that work?
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Krezz2017
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September 14, 2017, 09:41:50 AM |
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According to statistics, lotteries earn well, it is possible that the project is promising.
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Rumipl (OP)
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September 14, 2017, 09:53:03 AM |
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downside protection is really good, never heard of any ICO doing this. How would that work?
After the Crowdsale ends all the contributors will have a possibility to reedem the Tokens any time and receive most of the invested funds back. The investors funds are safe because they are stored in smart contract and nobody can access them. This revolutionary feature gives all investors downside protection never presented before.
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vedran82
Member
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Activity: 111
Merit: 10
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September 14, 2017, 09:54:44 AM |
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Looks like one of the coolest ICO, among those scams trying to pretend blockchain So how are you guy you planning to reach the market? I found that lottery is like 279 Billion industry, what stake of that do you think you can get?
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Rumipl (OP)
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September 14, 2017, 09:58:01 AM |
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According to statistics, lotteries earn well, it is possible that the project is promising.
SmartBillions is tje first lottery operated by a smart contract with no 3rd party involvement. Low house edge, transparency and high Jackpot are the key competitive adcantages over other lotteries. SmartBillions brings new quality and trust to the lottery industry.
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stacey2911
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Activity: 105
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September 14, 2017, 10:06:19 AM |
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Looks promising. is there any cap for individual token holders?
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scutzi128
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September 14, 2017, 10:15:15 AM |
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downside protection is really good, never heard of any ICO doing this. How would that work?
After the Crowdsale ends all the contributors will have a possibility to reedem the Tokens any time and receive most of the invested funds back. The investors funds are safe because they are stored in smart contract and nobody can access them. This revolutionary feature gives all investors downside protection never presented before. I ve seen the contract. Seems legit. Thanks for the reply. You guys need to have some kind of video for that to let ppl knw
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vietbigbrother
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September 14, 2017, 10:55:01 AM |
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looks great, waiting for more
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FaYaAAa
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September 14, 2017, 11:01:39 AM |
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I think this project will bring lot of legal issue. No info regarding location, no info regarding the team
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Rumipl (OP)
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September 14, 2017, 12:29:43 PM |
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Looks promising. is there any cap for individual token holders?
No there's not. We invite to participate in the ICO !
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Rumipl (OP)
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September 14, 2017, 12:35:56 PM |
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I think this project will bring lot of legal issue. No info regarding location, no info regarding the team SmartBillions is a smart contract not a company or a people behind it. It is a lottery held on the Ethereum blockchain without 3rd party involvement. Funds will be under smart's contract management there's no need for a company managing the funds or operating the lottery. That's the point, SmartBillions is an independent smart contract. Smart contract is public, and it can veryfied. We don't need to provide the information about the development team when the product is ready and it will be validated. What's more before the ICO starts the development team will put it's own 1500 ETH in smart contract to proove it's safety.
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Rumipl (OP)
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September 14, 2017, 12:38:08 PM |
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looks great, waiting for more
Thank you ! Please find out the Whitepaper for all the details.
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Rumipl (OP)
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September 14, 2017, 12:46:26 PM |
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Looks like one of the coolest ICO, among those scams trying to pretend blockchain So how are you guy you planning to reach the market? I found that lottery is like 279 Billion industry, what stake of that do you think you can get? Thank you ! The main SmartBillions vision is to introduce new kind of trust and quality to the lottery industry. The self-amending smart contract which is transparent and public will bring new quality and set the new standard for the lotteries. With all SmartBillions advantages we plan to educate the people about the product and let them find out the diffrence between existing lotteries and SmartBillions. They will love the smart contract based lottery ! Our goal is to reach 400 m USD turnover in the first year, what means that SmartBillions will acount for about 7-8 % of annual online lotteries turnover.
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wiredideas
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September 14, 2017, 12:47:18 PM |
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According to statistics, lotteries earn well, it is possible that the project is promising.
SmartBillions is tje first lottery operated by a smart contract with no 3rd party involvement. Low house edge, transparency and high Jackpot are the key competitive adcantages over other lotteries. SmartBillions brings new quality and trust to the lottery industry. I never thought that one can use Low house edge and transparency in a single sentence. I guess this project is dead serious in its goal. I'm keeping an eye on this one.
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AmoreJaz
Legendary
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Activity: 3094
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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September 14, 2017, 01:00:26 PM |
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just by scrutinizing the table of comparison presented will make you think that this might too good to be true...but okay, i'll give them the benefit of the doubt. will be watching this thread if they will really fulfill their offering to the community!
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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satria33
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September 14, 2017, 01:14:03 PM |
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very interesting concept
Yes it look very interesting and if seen comparison from the table made, this project is very promising.
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Rumipl (OP)
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September 14, 2017, 01:18:18 PM |
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According to statistics, lotteries earn well, it is possible that the project is promising.
SmartBillions is tje first lottery operated by a smart contract with no 3rd party involvement. Low house edge, transparency and high Jackpot are the key competitive adcantages over other lotteries. SmartBillions brings new quality and trust to the lottery industry. I never thought that one can use Low house edge and transparency in a single sentence. I guess this project is dead serious in its goal. I'm keeping an eye on this one. Thank you ! Please see the Whitepaper to find out all the details about the smart contract. The smart contract is available on GithubAll the lottery and ICO parameters all set in smart contract and they cannot be changed !
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