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Topic: Billionaire Token is the Quickest Developed Gambling Platform of all (Read 304 times)

full member
Activity: 226
Merit: 100
Yea, very fast compared to other projects I've invested in. 

From an investor standpoint, it gives confidence in the project.  Updates are frequent and transparent.  No bullshit or run around of where they are in development or exchange listing process.
Low circulating supply too which makes things interesting.

Have there been any price speculations on where this could be in a few months? I'm guessing that with each new game release (poker, dice) etc. more players will enter in and not only increase the value but also lead to more tokens being burned (via raffle and whatever other mechanisms are planned).
sr. member
Activity: 546
Merit: 252
Yea, very fast compared to other projects I've invested in. 

From an investor standpoint, it gives confidence in the project.  Updates are frequent and transparent.  No bullshit or run around of where they are in development or exchange listing process.
full member
Activity: 226
Merit: 100
Looking forward to it and appreciate that gluedog is active on slack answering questions and taking suggestions. Curious to see how the animated raffle versions look as well as dice and poker.

I'm assuming dice and poker will be browser-based with graphics etc?
full member
Activity: 443
Merit: 107
I like XBL and the team, they are super active on Slack, always posting updates there and on Github.

I got in on ICO but I am hodling for the longterm as they have some really unique ideas to help separate themselves from the crowd. The Burner is a unique idea which will cause deflation and reduce XBL's supply overtime thereby passively increasing it's value.

They have lots of games on the way that will give XBL a use, the raffle is just the first. They currently have a low Mcap but it won't be long until people start picking up on this with how fast updates are rolling out.

Just in the short term they have the official release of raffle and burner with GUI, new website and now TWO new exchange listings.
sr. member
Activity: 561
Merit: 255
Going stealthy
I've never heard of it but good luck
sr. member
Activity: 532
Merit: 250
Everybody can run a raffle. Scripts are under $50.
I want to see how will they run the Hold'em. If they manage, the price will jump a lot.

Everybody can run an Ethereum Raffle? As in, the Raffle itself lies on the Ethereum Network?
We didn't use a script, we coded everything ourselves, you can see it on GitHub.

Also I dont' think there are any "Raffle Scripts" out there that are decentralized, I would like for you to show me this!

As far as I know, there are very very few projects with actual, decentralized gambling games.

This Raffle is not run on our servers. This is a DAPP, that runs on the Ethereum Network. Nobody can hack our servers and steal everyone's money. If something happens to us, the Raffle is safe, and so is the money inside of it.
member
Activity: 140
Merit: 10
Everybody can run a raffle. Scripts are under $50.
I want to see how will they run the Hold'em. If they manage, the price will jump a lot.

If they manage that then we wont be able to buy it for 3000-3500 sats  Roll Eyes

From the speed of their first update I'd say they are working quite well on this project, a lot quicker than other post ICO teams I'm watching!!

sr. member
Activity: 1092
Merit: 250
low supply doesn't mean good,
but a great team that always do the best to develop their project is the best way to increase the value,
i see the roadmap is so simple, but everything can happend in crypto
legendary
Activity: 1197
Merit: 1001
Everybody can run a raffle. Scripts are under $50.
I want to see how will they run the Hold'em. If they manage, the price will jump a lot.
sr. member
Activity: 546
Merit: 252
I have been following Billionaire Token for quite some time.  The ICO was a success.  All coins were sold.  

In just one month the team has created a working raffle game, complete with a GUI.  Many other projects do not come close to the speed that the XBL team is working.  

When the Raffle is on the mainnet, they are going to aggressively market the game everywhere.  Think about how many people would want a chance to play it.  The other thing, the Raffle has a function that burns coins, reducing the total supply of XBL over time.  

This will give XBL increased value over time, a use case, and with other games being developed, this could possibly get there faster than any of the other more popular gambling or game tokens.  

I have also seen some images of the new website, which should be released in the near future, and Coinexchange.io is next.

From Gluedog, the lead dev:
Quote
We are very happy to announce that the Graphical User Interface for the Raffle is up-and-running on https://BillionaireToken.com/Raffle .

In order to play it you will need to setup your Metamask account to be running on the Kovan Test Network.

Afterwards you will need some Kovan Ethereum and Kovan XBL. To get both, you need to:

Follow BillionaireTkn on Twitter and tweet your reply on https://twitter.com/BillionaireTkn/status/923207113379336192 with your Kovan Ethereum Address to receive your Test XBL and Test Ethereum to participate in the first ever public version of the Become a Billionaire Raffle!

Here is a more in-depth tutorial on how to get everything set-up: https://BillionaireToken.com/RaffleTest.pdf

Testing this way on the Kovan network allows us to improve our product quality before having it running in a production environment (on the Mainnet).

We will continue testing the Raffle until our new website is finished (about 50-60% done at this moment), Afterwards we will deploy the Raffle (with an improved GUI than what is available now) on the Main Ethereum Network and will list on the cryptocurrency exchange Coinexchange.io .

Total supply of XBL is roughly 3.3 million.  It is trading around 3000-3500 sats on Cryptopia.  The team skipped over the exchanges many coins start with, and paid the DOT and went straight to Cryptopia.  The coin is here for the long haul.  Compare that with Edgless, who posted their ANN on December of 2016, took in a bunch of money, and have only a beta version of BlackJack up on their site.  They are traded on Bittrex, have a total supply of 132 million coins, and is trading at 9600 satoshis at the time of this post.  XBL took in less money, but has worked on their first game and is ready to release it on the ETH mainnet.  It is still on Kovan at this time, but I participated in the testing, and I can tell you, the game is great.  The GUI allows less tech savvy people to have a chance to win.

The lead dev is active quite extensively on the forum and in the Slack, and will answer questions about the future of the project.  Communication is vitally important to investors in any project, and after many ICO's, investors seriously have to scream bloody murder to get the teams attention or get a three sentence update.  In my experience, this is not how the Billionaire Project operates at all.

This is definitely one to watch.

The ANN can be found here: https://bitcointalksearch.org/topic/ann-billionaire-token-games-on-the-blockchain-deflationary-algorithm-2065888

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