mannybitcoins
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September 16, 2017, 09:07:07 AM |
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Are you SERIOUS?? Who is calling this "promising" No "team" - no location, and for one of the most HIGHLY REGULATED activities on the planet.... This "smart" team is NOT smart. See my commentary at https://udicoin.global/node/19 for just a couple of the reasons why... I Think you ve just misinterpretted the whole idea behind blockchain backbone. With in the logic you presented the founder of bitcoin would also be a felon. This why the decentralization takes place, so the democratic, people driven initiatives that are free from regulations and state governance, can run and disrupt the system that is full of bullshit. This is also the reason bitcoin was created. The frictionless economy, i think SmartBillions is doing exactly that, serving people the service that is free from monopoly, while being decentralized, it is safe and can make change to the industry. While you bascially ignore all the facts in favour of hating, to drive awarness to your coin and site that doesnt even have a whitepaper. Dude, it really shows. Note: im not affiliated anyhow with in Smartbillions team and never was. Exactly. That guy trying to endorse his shitty coin, lol what an idiot.
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Rumipl (OP)
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September 16, 2017, 10:18:06 AM |
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Are you SERIOUS?? Who is calling this "promising" No "team" - no location, and for one of the most HIGHLY REGULATED activities on the planet.... This "smart" team is NOT smart. See my commentary at https://udicoin.global/node/19 for just a couple of the reasons why... Thank you for registering just to post a negative comment on SmartBillions. Whitepaper answers all of your doubts. Please read it first before posting fake and negative comments. The SmartBillions lottery will be held on smart contract, which is public. The rules are transparent and they cannot be changed. What's more The Team will put it's private 1500 ETH as a prize to anyone who can hack the smart contract and withdraw the money. The contract's safety will be proven both for investors and for players.
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Orai
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September 16, 2017, 11:06:35 AM |
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So through hackathon to prove the stability of smartbillon contract you will be able to win almost 500 000 $usd? Thats like WOW never ever heared before of a such a genereous attitude towards community
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Qu1ck$1Lv3r
Member
Offline
Activity: 170
Merit: 10
The World’s First Blockchain Core
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September 16, 2017, 11:10:05 AM |
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So through hackathon to prove the stability of smartbillon contract you will be able to win almost 500 000 $usd? Thats like WOW never ever heared before of a such a genereous attitude towards community
True, its like they re giving out a free Lambo. that cool, they must be totally confident about the product though.
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Rumipl (OP)
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September 16, 2017, 11:27:45 AM |
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So through hackathon to prove the stability of smartbillon contract you will be able to win almost 500 000 $usd? Thats like WOW never ever heared before of a such a genereous attitude towards community
True, its like they re giving out a free Lambo. that cool, they must be totally confident about the product though. At today's rate it will be almost 400 000 $ that will be put in the contract to prove it's safety. This will be an ultimate test that will guarantee contract's safety and quality.
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Qu1ck$1Lv3r
Member
Offline
Activity: 170
Merit: 10
The World’s First Blockchain Core
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September 16, 2017, 11:37:48 AM |
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So through hackathon to prove the stability of smartbillon contract you will be able to win almost 500 000 $usd? Thats like WOW never ever heared before of a such a genereous attitude towards community
True, its like they re giving out a free Lambo. that cool, they must be totally confident about the product though. At today's rate it will be almost 400 000 $ that will be put in the contract to prove it's safety. This will be an ultimate test that will guarantee contract's safety and quality. That is really transparent. Respect that. i wlll keep my eye on this one.
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BigBoy89
Legendary
Offline
Activity: 1512
Merit: 1011
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September 16, 2017, 11:24:04 PM |
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Hello,
From where you will take your billions to pay the potential winner of billions?!
According to your site presentation,
Max win 2 324 000 000 (2.34 billion) USD*
Jackpot odds 1:16 777 216
This mean you will be on loss on every ticket price under $138.52 without even a house edge?!?! (Max win : Jackpot odds) And you need to have those 2.3 Billions ?! in advance as theoretically even the 1st ticket could win it!
Nobody will care of your smart contract if you can't pay to your winners what you are promising.
SmartBillions lottery ticket value is flexible 0.001 - 1 ETH. This means that the win value can exceed the Jackpot value. The Jakcpot managements and payout rules are desrcribed in Whitepaper: "If a particular player’s win makes up more than 50% of the Jackpot value, that player can instantly withdraw only 50% of the Jackpot. After that, the player will be able to cash out up to 50% of the Jackpot value every period (approx. 1 month) until the withdrawal of the total value of the win. This provision ensures continued high Jackpot values, driving the lottery’s appeal to the gaming clients. The walletBalanceOf Function will inform about the lottery balance for the specific address (please see Appendix). The walletBlockOff Function will inform about the soonest possible withdrawal date from the Jackpot for the specific address (please see Appendix)."Such rules will protect the Jackpot value and even in case if the first Ticket wins Jackpot, the Jackpot value will be still attractive to other players. Then practically all of this talking about billions is just false advertisement of your project?! Imagine winning ticket with a price of 1ETH in first 100 games. From where you will take a billion within a month.
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| AMEPAY LISTING
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Rumipl (OP)
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September 17, 2017, 10:59:01 AM |
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Hello,
From where you will take your billions to pay the potential winner of billions?!
According to your site presentation,
Max win 2 324 000 000 (2.34 billion) USD*
Jackpot odds 1:16 777 216
This mean you will be on loss on every ticket price under $138.52 without even a house edge?!?! (Max win : Jackpot odds) And you need to have those 2.3 Billions ?! in advance as theoretically even the 1st ticket could win it!
Nobody will care of your smart contract if you can't pay to your winners what you are promising.
SmartBillions lottery ticket value is flexible 0.001 - 1 ETH. This means that the win value can exceed the Jackpot value. The Jakcpot managements and payout rules are desrcribed in Whitepaper: "If a particular player’s win makes up more than 50% of the Jackpot value, that player can instantly withdraw only 50% of the Jackpot. After that, the player will be able to cash out up to 50% of the Jackpot value every period (approx. 1 month) until the withdrawal of the total value of the win. This provision ensures continued high Jackpot values, driving the lottery’s appeal to the gaming clients. The walletBalanceOf Function will inform about the lottery balance for the specific address (please see Appendix). The walletBlockOff Function will inform about the soonest possible withdrawal date from the Jackpot for the specific address (please see Appendix)."Such rules will protect the Jackpot value and even in case if the first Ticket wins Jackpot, the Jackpot value will be still attractive to other players. Then practically all of this talking about billions is just false advertisement of your project?! Imagine winning ticket with a price of 1ETH in first 100 games. From where you will take a billion within a month. Prize payouts in time is nothing new in lottery industry. The ticket value is flexible and players are free to choose the value of the ticket with expected win value higher than a Jackpot value. This is stated clear. Than if it happens so each month player will be able to withdraw half of the Jackpot value. The most important fact is that the Jackpot value will be increasing in time because 95 % of the value of the tickets sold goes directly to the Jackpot. This guarantees growing lottery attractiveness in time both for players and for investors.
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Fraxinus
Legendary
Offline
Activity: 1274
Merit: 1000
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September 17, 2017, 02:49:51 PM |
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From what i read so far it does makes sense to me. Gambling/Lottery industry that is the one that should ve been decentralized and taken out of the scammy monopoly system.Like the project so far. Are you planning to release a mobile version? also what is the plan do get it through out the mass?
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Rumipl (OP)
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September 18, 2017, 10:48:26 AM |
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Fraxinus
Legendary
Offline
Activity: 1274
Merit: 1000
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September 18, 2017, 10:52:34 AM |
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Finally.
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Lounadolcy
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September 18, 2017, 01:18:34 PM |
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reserving ANN arabic translation , if you accept my request pm me .
Thanks.
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totootwo2
Newbie
Offline
Activity: 2
Merit: 0
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September 18, 2017, 03:47:17 PM |
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Token holders should get like 20%. 78/79% for Jackpot. 1%/2% for devs.
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Rumipl (OP)
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September 18, 2017, 04:04:42 PM |
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Token holders should get like 20%. 78/79% for Jackpot. 1%/2% for devs.
The Funds and Tokens allocation is shown on the graphs. ICO Backers receive 79.37 % of the issued Tokens and 90 % of the raised sum goes to the Jackpot.
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Koobtcgal
Full Member
Offline
Activity: 714
Merit: 100
Acewins.io
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September 18, 2017, 04:56:06 PM |
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I am following this project. hope it becomes a success for us all.
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stasyk411
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September 18, 2017, 08:04:33 PM |
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I do not understand why is the first fully decentralized and transparent lottery? true flip is not a lottery? it's just that I know! litter explain?
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Rumipl (OP)
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September 18, 2017, 08:17:42 PM |
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I do not understand why is the first fully decentralized and transparent lottery? true flip is not a lottery? it's just that I know! litter explain?
Trueflip is a lottery indeed, but it's not decentralised. The funds are under Admin management not under smart's contract management. Funds are stored on private addresses and they can be withdrawed anytime by the Admins. SmartBillions is a smart contract. Funds are stored in smart contract and they cannot be accessed by any party. The funds management rules, prizes payouts, dividends payouts are managed by smartcontract and these rules cannot be changed. Please get familar with SmartBillions white paper and than ask questions if you have some.
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Fraxinus
Legendary
Offline
Activity: 1274
Merit: 1000
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September 18, 2017, 08:19:08 PM |
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look like you re tryging spam over In favor of some shitty coin that can't get through.
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