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Topic: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. - page 17. (Read 49667 times)

sr. member
Activity: 686
Merit: 250
Seems like a lot of people are using mobile, didn't expect that.


We will probably see some late investments on the last day.
newbie
Activity: 9
Merit: 0
How much has been raised so far???
full member
Activity: 261
Merit: 100
SMARTBILLIONS ICO ENDS IN 1 DAY

SMARTBILLIONS ICO ENDS 29.10 ca. 17:00 GMT (4452974 ETH block)

SmartBillions Jackpot has exceeded 1 Million US Dollars

Don't miss your chance to became part of the fastest growing blockchain lottery.


How to purchase Smart Tokens:
Please transfer the required value in ETH from your Wallet to the contract address:

0x6f6deb5db0c4994a8283a01d6cfeeb27fc3bbe9c

1 ETH = 1000 SMART
Please set the Gas limit to 200 000 and the Gas price to at least 24 Gwei
! PLEASE REMEMBER NOT TO TRANSFER THE ETH DIRECTLY FROM THE EXCHANGE !
SMART Tokens will be sent to your account immediately after your investment is received

Key reasons to invest in SmartBillions ICO:
- Investors protection – SmartBillions ICO investors funds are always protected. Tokens may be redeemed any time after the ICO ends to receive most of the invested funds back.
- Monthly Dividend payouts – 5 % of the lottery tickets sales revenue is allocated among token holders monthly.
- Fully automated smart contract management with no Admin involvement.
- Rising lottery popularity with already over 1000 tickets played daily.
- Please check all the reasons to invest in SmartBillions ICO here

The SMART Token will be listed on its first exchanges within 2 weeks from the ICO’s end.
full member
Activity: 278
Merit: 100
tokensale is almost over now..i have to admit i expected them to get much much more than they did...well...good luck anyway
full member
Activity: 261
Merit: 100
Quote
c. Lottery Closing
In the event of unexpected circumstances (such as Ethereum protocol
changes) which could affect the lottery and endanger the funds stored in
the Jackpot, the contract allows Admin to withdraw surplus funds from the
Jackpot remaining after settling all outstanding smart contract obligations,
such as:
- Redemption of all remaining SMART Tokens, and
- Payout of all outstanding lottery prizes.
Admin will be allowed to withdraw the surplus from the Jackpot only if
more than 50% of all SMART Tokens are redeemed. In this situation, it will
be clear that lottery security might be vulnerable and that its funds must be
secured. As a consequence, all the surplus funds will be allocated to the
Jackpot of a new, comprehensively secured and updated lottery and the
players and all relevant parties will be notified immediately and continuously
updated during the process.

This is a serious backdoor come on!

It is not a backdoor, it is more than anything a security feature and I am happy that the devs have thought so far ahead.

In the unlikely scenario that Ethereum breaks and is no longer stable enough to host this lottery, then we can move to something like NEM...

As said by glennmatthew this is a security feature that can protect the Jackpot from unexpected circumstances.
More than 50 % of the Tokens must be redeemed to activate this possibility so it's clear that it can be only activated in case of some serious danger.
sr. member
Activity: 462
Merit: 253
Quote
c. Lottery Closing
In the event of unexpected circumstances (such as Ethereum protocol
changes) which could affect the lottery and endanger the funds stored in
the Jackpot, the contract allows Admin to withdraw surplus funds from the
Jackpot remaining after settling all outstanding smart contract obligations,
such as:
- Redemption of all remaining SMART Tokens, and
- Payout of all outstanding lottery prizes.
Admin will be allowed to withdraw the surplus from the Jackpot only if
more than 50% of all SMART Tokens are redeemed. In this situation, it will
be clear that lottery security might be vulnerable and that its funds must be
secured. As a consequence, all the surplus funds will be allocated to the
Jackpot of a new, comprehensively secured and updated lottery and the
players and all relevant parties will be notified immediately and continuously
updated during the process.

This is a serious backdoor come on!

It is not a backdoor, it is more than anything a security feature and I am happy that the devs have thought so far ahead.

In the unlikely scenario that Ethereum breaks and is no longer stable enough to host this lottery, then we can move to something like NEM...
newbie
Activity: 33
Merit: 0
Code:
after settling all outstanding smart contract obligations
Code:
withdraw the surplus from the Jackpot only

Would you prefer the remain to be lost?
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
Quote
c. Lottery Closing
In the event of unexpected circumstances (such as Ethereum protocol
changes) which could affect the lottery and endanger the funds stored in
the Jackpot, the contract allows Admin to withdraw surplus funds from the
Jackpot remaining after settling all outstanding smart contract obligations,
such as:
- Redemption of all remaining SMART Tokens, and
- Payout of all outstanding lottery prizes.
Admin will be allowed to withdraw the surplus from the Jackpot only if
more than 50% of all SMART Tokens are redeemed. In this situation, it will
be clear that lottery security might be vulnerable and that its funds must be
secured. As a consequence, all the surplus funds will be allocated to the
Jackpot of a new, comprehensively secured and updated lottery and the
players and all relevant parties will be notified immediately and continuously
updated during the process.

This is a serious backdoor come on!
sr. member
Activity: 462
Merit: 253
SMARTBILLIONS ICO ENDS IN 2 DAYS

SMARTBILLIONS ICO ENDS 29.10 ca. 17:00 GMT (4452974 ETH block)

How to purchase Smart Tokens:

Please transfer the required value in ETH from your Wallet to the contract address:

0x6f6deb5db0c4994a8283a01d6cfeeb27fc3bbe9c

1 ETH = 1000 SMART
Please set the Gas limit to 200 000 and the Gas price to at least 24 Gwei

! PLEASE REMEMBER NOT TO TRANSFER THE ETH DIRECTLY FROM THE EXCHANGE !
SMART Tokens will be sent to your account immediately after your investment is received

To purchase Tokens you can also use the SmartBillions ICO app on the site:
https://smartbillions.com/
and purchase Smart Tokens using your Metamask wallet

Latest news & improvements:
-The SmartBillions Jackpot has exceeded 900, 000 USD.
-There have been over 15 000 Tickets played so far.
-The number of SmartBillions web wallet users is growing fast. Currently over 25 % of tickets are purchased by players via mobile devices.
-Over the next few days, the SmartBillions team will introduce multiple bet functionalities. Players will be able to place multiple bets on the same draw, in addition to the option of playing the same numbers on multiple bets.
-First dividend period starts as soon as the ICO ends and will last approx. 1 month. The first round of dividends will be paid out on 29.11

The SMART Token will be listed on first exchanges within 2 weeks from the ICO’s end

Rumi, when will the bounties be paid out?

Hoping it will be rather quick, so we can also enjoy the dividends
full member
Activity: 261
Merit: 100
SMARTBILLIONS ICO ENDS IN 2 DAYS

SMARTBILLIONS ICO ENDS 29.10 ca. 17:00 GMT (4452974 ETH block)

How to purchase Smart Tokens:

Please transfer the required value in ETH from your Wallet to the contract address:

0x6f6deb5db0c4994a8283a01d6cfeeb27fc3bbe9c

1 ETH = 1000 SMART
Please set the Gas limit to 200 000 and the Gas price to at least 24 Gwei

! PLEASE REMEMBER NOT TO TRANSFER THE ETH DIRECTLY FROM THE EXCHANGE !
SMART Tokens will be sent to your account immediately after your investment is received

To purchase Tokens you can also use the SmartBillions ICO app on the site:
https://smartbillions.com/
and purchase Smart Tokens using your Metamask wallet

Latest news & improvements:
-The SmartBillions Jackpot has exceeded 900, 000 USD.
-There have been over 15 000 Tickets played so far.
-The number of SmartBillions web wallet users is growing fast. Currently over 25 % of tickets are purchased by players via mobile devices.
-Over the next few days, the SmartBillions team will introduce multiple bet functionalities. Players will be able to place multiple bets on the same draw, in addition to the option of playing the same numbers on multiple bets.
-First dividend period starts as soon as the ICO ends and will last approx. 1 month. The first round of dividends will be paid out on 29.11

The SMART Token will be listed on first exchanges within 2 weeks from the ICO’s end
full member
Activity: 261
Merit: 100
When im reading the whitepaper it says - "Admin may easily manipulate the dividend value and set its value at his own choice. Dividend payout also depends on the Admin only and Admin may
decide not to pay Dividend at all". So the tokenholders need to trust admin not to manipulate the dividend %? Or am i getting it wrong? Cheers

You've read the part describing the drawback of other projects with dividend payouts where Admin may easily manipulate the dividend value Smiley
sr. member
Activity: 462
Merit: 253
Hello!

Regarding the ICO we know its ending soon and good luck with it!

What will happen to unsold tokens?

There are no unsold tokens.

Tokens are created when someone invests - this means there will only be as many tokens as ETH invested.
hero member
Activity: 1568
Merit: 511
Hello!

Regarding the ICO we know its ending soon and good luck with it!

What will happen to unsold tokens?
full member
Activity: 261
Merit: 100
This project seems cool, im quite new to this so please correct me if im wrong. Are the dividends payed out in eth to the adress you invested from? Is that how the contract work? Cheers

The dividends will be payed to the Token holder address.
After each dividend period Token holder will have to claim the dividend payout.
Also when the tokens will be transferred and there'll be unpaid dividends on the sender account, the contract will automatically send the dividends to the Tokens sender.
newbie
Activity: 74
Merit: 0
Allright, thanks for all the help. Seems like a legit idea
full member
Activity: 261
Merit: 100
Allright, so i can store the tokens in a MEW wallet and still get dividend payed to that wallet, or do i need a wallet on their site? Do i understand it right?

You can keep Tokens in any wallet that supports ERC20 Tokens in order to receive dividend.
The SmartBillions web wallet was designed improve the usability of the lottery.
full member
Activity: 261
Merit: 100
Hi Dev,

i created a wallet but i am unable to export the MNEMONIC phrase. It keeps saying INCORRECT PASSWORD but I can use the same password to unlock the wallet when I type it in. I have created multiple wallets and same error with all of them. Please check! thanks

Hi, you should see the mnemonic phrase after entering the password. I've just checked and it's working fine.


Hello, I'm having exactly the same issue.  Rumipi, did you resolve it?

Secondly, with Metamask, after adding the custom RPC https://web3.smartbillions.com/ is still not detecting Metamask when i attempt to "Play now"

Any suggestions?

Could you please try to send the funds to another account using the password you use ?
You should be able to see the mnemonic phrase after you enter the password.
legendary
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
Allright, so i can store the tokens in a MEW wallet and still get dividend payed to that wallet, or do i need a wallet on their site? Do i understand it right?

You can store tokens on MyEtherWallet and get dividends there because mew supports erc20 tokens.
newbie
Activity: 74
Merit: 0
Allright, so i can store the tokens in a MEW wallet and still get dividend payed to that wallet, or do i need a wallet on their site? Do i understand it right?
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