[ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm - page 21.

gluedog

sr. member

Activity: 532

Merit: 250

Quote from: fishfishfish313 on November 13, 2017, 08:05:24 PM

Excellent! So, who are the lucky winners of the first raffle? I see the addresses, but who are they? Grin

Come forth and bear witness to this glorious day!

Congrats on a successful iteration. Now, if only my MetaMask would work and I could get involved.

We will have a nick-name feature for the Raffle in the future, people will be registered with their account nicknames to the Raffle associated to their EtH addresses.

fishfishfish313

sr. member

Activity: 546

Merit: 252

Excellent! So, who are the lucky winners of the first raffle? I see the addresses, but who are they? Grin

Come forth and bear witness to this glorious day!

Congrats on a successful iteration. Now, if only my MetaMask would work and I could get involved.

gluedog

sr. member

Activity: 532

Merit: 250

Update:

The first '250' Raffle is a success!

We are now going to start testing the Burner and after that we're going to the Ethereum Main Net with the Raffle&Burner.
At long last the deflationary mechanism can ignite itself!

gluedog

sr. member

Activity: 532

Merit: 250

Quote from: BeetlejuiceFL on November 13, 2017, 03:31:02 PM

Hey gluedog,

If I check your webpage right now, I see that I registered a total of 10 tickets for the raffle. How is that possible if maximum is 5 tickets per person?

Anyhow, imho, for the future development, I would skip the ticket price of 10 XBL and make it very simple: 1 ticket = 1 XBL. Don't know if that works on the Ethereum Main Network, but it would make the game much more transparent, and for the players, if you increase the limit to 50 instead of 5, it would make no difference. (In addition, you don't have the problem with the value of the ticket because each participant in the raffle can choose itself.)

Kind regards

Quote from: gluedog on November 12, 2017, 10:29:19 AM

Hello guys & gals!

This week's test Raffle ... also got stuck

I have some more ideas how to split the execution among several transactions as to try and avoid this situation, but this will require a little bit more time to test and develop.

So what happens now? Since we have a new website release in 7 days and we want to have a working Raffle & Burner by then - we have decided that we will first implement a simpler Raffle.

What is a simpler Raffle ?

This Raffle will have a maximum of 10 tickets per person (per Ethereum Address) and a maximum of 250 total tickets registered at once. Once this limit is hit, the Raffle will reset.
We will test this 250 ticket limit on Kovan before deploying on the Main Net.

We had a small bug that allowed players to register 10 tickets for the Raffle, this has been fixed and will not be possible in the next version.

We are now at 1300/2500 tokens registered for the Raffle. There is a very high chance of everything working out and having three winners.
If everything goes well this time we will finally deploy the Raffle and the Burner on the Ethereum Main Net shortly thereafter.

BeetlejuiceFL

newbie

Activity: 61

Merit: 0

Hey gluedog,

If I check your webpage right now, I see that I registered a total of 10 tickets for the raffle. How is that possible if maximum is 5 tickets per person?

Anyhow, imho, for the future development, I would skip the ticket price of 10 XBL and make it very simple: 1 ticket = 1 XBL. Don't know if that works on the Ethereum Main Network, but it would make the game much more transparent, and for the players, if you increase the limit to 50 instead of 5, it would make no difference. (In addition, you don't have the problem with the value of the ticket because each participant in the raffle can choose itself.)

Kind regards

Quote from: gluedog on November 12, 2017, 10:29:19 AM

Hello guys & gals!

This week's test Raffle ... also got stuck

I have some more ideas how to split the execution among several transactions as to try and avoid this situation, but this will require a little bit more time to test and develop.

So what happens now? Since we have a new website release in 7 days and we want to have a working Raffle & Burner by then - we have decided that we will first implement a simpler Raffle.

What is a simpler Raffle ?

This Raffle will have a maximum of 10 tickets per person (per Ethereum Address) and a maximum of 250 total tickets registered at once. Once this limit is hit, the Raffle will reset.
We will test this 250 ticket limit on Kovan before deploying on the Main Net.

nickslikk

member

Activity: 105

Merit: 10

Quote from: gluedog on November 13, 2017, 12:26:10 PM

The newest Raffle version is up-and-running at https://BillionaireToken.com/Raffle

This Raffle has a hard limit of 250 tickets. A maximum of five registered tickets per player are allowed.

This version of the Become a Billionaire decentralized Raffle will reset in four days or after the 250 ticket limit is reached.

Quote from: nickslikk on November 13, 2017, 12:18:29 PM

Thats good that those tokens are lost forever. Lower supply limit could mean a higher price.

Kovan XBL nickslikk , not real XBL.

Ok. My bad.

gluedog

sr. member

Activity: 532

Merit: 250

The newest Raffle version is up-and-running at https://BillionaireToken.com/Raffle

This Raffle has a hard limit of 250 tickets. A maximum of five registered tickets per player are allowed.

This version of the Become a Billionaire decentralized Raffle will reset in four days or after the 250 ticket limit is reached.

Quote from: nickslikk on November 13, 2017, 12:18:29 PM

Thats good that those tokens are lost forever. Lower supply limit could mean a higher price.

Kovan XBL nickslikk , not real XBL.

nickslikk

member

Activity: 105

Merit: 10

Quote from: gluedog on November 13, 2017, 10:40:17 AM

Quote from: nickslikk on November 13, 2017, 09:50:50 AM

What is going to happen to the tokens that was sent to the raffle address?

Nothing happens to those tokens, they are now forever lost.
This was the reason we are having these tests on the Kovan ETH Network and not on the Main ETH Network, though.

Thats good that those tokens are lost forever. Lower supply limit could mean a higher price.

gluedog

sr. member

Activity: 532

Merit: 250

Quote from: nickslikk on November 13, 2017, 09:50:50 AM

What is going to happen to the tokens that was sent to the raffle address?

Nothing happens to those tokens, they are now forever lost.
This was the reason we are having these tests on the Kovan ETH Network and not on the Main ETH Network, though.

Quote from: fishfishfish313

Does that mean that once the raffle is"reset" that winners will be chosen and the process will start over again?

The Raffle will last for one week, or until the maximum limit of 250 registered tickets is reached, whichever comes first.

nickslikk

member

Activity: 105

Merit: 10

What is going to happen to the tokens that was sent to the raffle address?

nickslikk

member

Activity: 105

Merit: 10

Quote from: kronos123 on November 10, 2017, 04:38:02 PM

This coin can really be a diamond in the sea of game coins on blockchains.

1) has token burning function that has no other coin
2) Very low cap of only $ 600000 and only 3300000 coin
3) Raffle with the possibility of winning other coins

With other bigger and bigger marketing exchanges to get to know the XBL token, it can reach $ 10 within 12 months and we become billionaires Grin

$10 within 12 months? That is pathetic because there are coins that have more circulating supply and a higher market cap than XBL.

BerkelCrypto

newbie

Activity: 15

Merit: 0

Lovely to see the volume increasing every day the website release gets closer together with the burner and raffle Cool

fishfishfish313

sr. member

Activity: 546

Merit: 252

Does that mean that once the raffle is"reset" that winners will be chosen and the process will start over again?

Could make for many more iterations of the raffle, depending on how quick the tickets fill up.

Quote from: kronos123 on November 10, 2017, 04:38:02 PM

This coin can really be a diamond in the sea of game coins on blockchains.

1) has token burning function that has no other coin
2) Very low cap of only $ 600000 and only 3300000 coin
3) Raffle with the possibility of winning other coins

With other bigger and bigger marketing exchanges to get to know the XBL token, it can reach $ 10 within 12 months and we become billionaires Grin

Yep. Huge room to grow.

gluedog

sr. member

Activity: 532

Merit: 250

Hello guys & gals!

This week's test Raffle ... also got stuck

I have some more ideas how to split the execution among several transactions as to try and avoid this situation, but this will require a little bit more time to test and develop.

So what happens now? Since we have a new website release in 7 days and we want to have a working Raffle & Burner by then - we have decided that we will first implement a simpler Raffle.

What is a simpler Raffle ?

This Raffle will have a maximum of 10 tickets per person (per Ethereum Address) and a maximum of 250 total tickets registered at once. Once this limit is hit, the Raffle will reset.
We will test this 250 ticket limit on Kovan before deploying on the Main Net.

gluedog

sr. member

Activity: 532

Merit: 250

Quote from: Geraldo on November 10, 2017, 10:46:48 AM

Quote from: gluedog on November 10, 2017, 08:37:44 AM

Quote from: IQeon on November 10, 2017, 02:16:32 AM

Why will ur token grow?

Our whole project and the token will grow, I think, because the token has a use-case.
As long as our games are attractive and fair, I think people will want to play them.
And in order to play the games, they have to have Billionaire Tokens.

And then there's the burning part, that goes hand in hand with people playing our games.
The burning will make Billionaire Tokens rarer and rarer, this should theoretically increase the price of each token.

So token burning will continue forever? Is there a limit?

If we ever get dangerously low because of the burning, we'll just start burning less and less coins.
When we get to that stage, our coin will be very mature and probably the burning will not be as effective as it will be now, in the inception phase - and so it should not be a problem to reduce the burning, gradually so as to not affect the economy of the coin.

Either way, we will not even think about reducing burning until at least half of the coins have already been destroyed as an offering to the market gods!

kronos123

sr. member

Activity: 1022

Merit: 391

This coin can really be a diamond in the sea of game coins on blockchains.

1) has token burning function that has no other coin
2) Very low cap of only $ 600000 and only 3300000 coin
3) Raffle with the possibility of winning other coins

With other bigger and bigger marketing exchanges to get to know the XBL token, it can reach $ 10 within 12 months and we become billionaires Grin

roycilik

legendary

Activity: 2590

Merit: 1988

1% Skill 99% Luck :v

Quote from: fishfishfish313 on November 10, 2017, 10:52:18 AM

Quote from: Delovoymotiv on November 10, 2017, 08:45:18 AM

Finally I found at least something worthy for investing in cryptopia, thanks

Nice! Yea, this is a diamond in the rough type of coin. There is clear and active development, new website release soon, timer is up now.

CE has been paid. Waiting listing now. There are multiple devs. Compare XBL to coins like EDG, DBET, HeroCoin, etc . . .and XBL has really big potential. And XBL offers something that those other coins do not: Burn function and low supply. I think once the first game is up and complete, and XBL is listed on CE, things will start to move very quickly.

I agree with you, I am glad XBL has an active developer, can't waiting XBL listed on CE,
I am sure its price will grow up, im bought at 3000sat and 2000sat

nickslikk

member

Activity: 105

Merit: 10

I love Billionaire Token! Grin

fishfishfish313

sr. member

Activity: 546

Merit: 252

Quote from: Delovoymotiv on November 10, 2017, 08:45:18 AM

Finally I found at least something worthy for investing in cryptopia, thanks

Nice! Yea, this is a diamond in the rough type of coin. There is clear and active development, new website release soon, timer is up now.

CE has been paid. Waiting listing now. There are multiple devs. Compare XBL to coins like EDG, DBET, HeroCoin, etc . . .and XBL has really big potential. And XBL offers something that those other coins do not: Burn function and low supply. I think once the first game is up and complete, and XBL is listed on CE, things will start to move very quickly.

Geraldo

sr. member

Activity: 588

Merit: 272

⭐⭐⭐⭐⭐

Quote from: gluedog on November 10, 2017, 08:37:44 AM

Quote from: IQeon on November 10, 2017, 02:16:32 AM

Why will ur token grow?

Our whole project and the token will grow, I think, because the token has a use-case.
As long as our games are attractive and fair, I think people will want to play them.
And in order to play the games, they have to have Billionaire Tokens.

And then there's the burning part, that goes hand in hand with people playing our games.
The burning will make Billionaire Tokens rarer and rarer, this should theoretically increase the price of each token.

So token burning will continue forever? Is there a limit?

Topic: [ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm - page 21. (Read 70905 times)