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

[Alonzo Ewing]

Im not tech savvy in the slightest

Is there any way the person who created the smart contract can withdraw funds themself?

No, the fund management rules are described in the white paper. The funds are under smart contract management and the rules cannot be changed.
The Investors funds and lottery winners payouts are always protected and nobody can access the funds.
Please see the Whitepaper
if you have any questions please feel free to ask!

So to clarify the only was for eth to exit the smart contract is for somebody to have winnings which will automatically trigger a withdrawal to the relevant address?

It's a smart contract address to store the funds received during the crowd sale and only some will have restricted access to withdraw the funds.The smart contract is usually audited before the ICO is started to check for any leaks.

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[Rumipl]

Im not tech savvy in the slightest

Is there any way the person who created the smart contract can withdraw funds themself?

No, the fund management rules are described in the white paper. The funds are under smart contract management and the rules cannot be changed.
The Investors funds and lottery winners payouts are always protected and nobody can access the funds.
Please see the Whitepaper
if you have any questions please feel free to ask!

So to clarify the only was for eth to exit the smart contract is for somebody to have winnings which will automatically trigger a withdrawal to the relevant address?

There're more cases in which ETH stored in the smart contract can be withdrawed:
1. Lottery winning - lottery winner may withdraw his winning from the smart contract
2. Affiliate payments - during the ICO Affiliates will receive 5 % of the contrubutions that were made using their affiliate link also they will receive 1 % from the tickets sales from the ticket bought by the players using their links
3. Dividends - Every month Token holders will receive dividend proportionally to the number of their Tokens to the total Token supply. 5 % from ticket sales will be allocated to the Dividend fund.
4. Marketing - Admin will be able to withdraw 0.25 % from the Jackpot for the marketing purposes weekly but only if the Jackpot Value is higher than the value of all Token redeem value and winnings value.
5. Token redeem - Token holders will be able to redeem Token and receive most of the invested funds back.
6. Lottery closing - if over 50 % of the Tokens will be redeemed Admin will be able to withdraw surplus from the Jackpot over all lotttery liabilities.

Please see the Whitepaper where funds management scheme is described in details

[Rumipl]

I don't get the particular term of this ICO which states that all funds raised wilk be moved into the lottery. Does that mean that PLAY token wilk not be traded on exchanges?

90 % of the raised sum will be kept in the smart contract as a lottery Jackpot. Tokens will be assigned to the ICO backers during the ICO immediately after they send funds to the smart contract.

[Rumipl]

Please get familiar with SmartBillions latest publication about the Hackathon on Medium!!

[Abaddon20]

Hi all .

sorry but I didnt read whole 47 pages

one quick quuestion , where I will be able to buy tokens ( ICO ) ?

Cheers

[Rumipl]

Hi all .

sorry but I didnt read whole 47 pages

one quick quuestion , where I will be able to buy tokens ( ICO ) ?

Cheers

The Tokens Sale (ICO) Starts 16.10
There will be an ICO app on the SmartBillions web site https://smartbillions.com/ico.html
Or you can buy Tokens by sending the ETH directly to the contract address: https://etherscan.io/address/0x5acE17f87c7391E5792a7683069A8025B83bbd85

[Gru minions]

SmartBillions vision is to become the first truly global, transparent and anonymous lottery with unlimited Jackpot potential. SmartBillions, with its internal and transparent management and no 3rd party involvement will revolutionize and create a new standard for all lotteries and will become a reference point for all future lottery projects.

[Rumipl]

SmartBillions vision is to become the first truly global, transparent and anonymous lottery with unlimited Jackpot potential. SmartBillions, with its internal and transparent management and no 3rd party involvement will revolutionize and create a new standard for all lotteries and will become a reference point for all future lottery projects.

Indeed that's the SmartBillions project !

[Aerys2]

Will you have bonus for first buyers ? That would make sense

[Rumipl]

Will you have bonus for first buyers ? That would make sense

Please wait for the upcoming announcements from the SmartBillions team !! We will reward early contributors !!

[Aerys2]

Thanks for the answer

[murgut]

this can be a coin to make a pretty cool surprise..i like the hackaton thing

[gadgetino]

this can be a coin to make a pretty cool surprise..i like the hackaton thing

yup..shows a strong and confident team..i will join this coins bounty

[Fraxinus]

This is looking even more awesome now. The support keeps on rising.

[gordob]

Hi, a couple questions;

1. What is your exact marketing plan with timelines, especially to get the 'non-crypto' people onboard?
- presently I don't see much talk about this ico online & profits for investors are all about the numbers.
2. In your lotto the odds are not that exciting, as you have to choose the number drawn in the exact order, our national lottery in South Africa has better odds because you don't require the exact order of numbers drawn --- I am sure there are other countries / services like this too -- what is there incentive to move to your platform,take out technology aspect for now?

Thx

[okla]

Looks like you have to cancel your ICO now -- and never try creating a product ever again.
How are you going to host a hackathon with 1500 ETH as a reward, inviting anyone to participate, and then withdraw the remaining 1100ETH after the one who cracked your code managed to remove 400 ETH? You gave the world an open invite with a prize, and then you scammed him.

You realize how bad this looks for your company, right?

[onetoniro]

is this hacked?? or internal transfer??

[Opurum]

Will SmartBillions include soccer/football betting?

[Isaaq.Almaguer]

Will SmartBillions include soccer/football betting?

No, it's an automated lottery.

[Blazin888888]

is this hacked?? or internal transfer??

HACKED !!

https://www.reddit.com/r/ethereum/comments/74d3dc/smartbillions_lottery_contract_just_got_hacked/