October 16, 2017 – SmartBillions proudly announces its first ICO offering, the setup has being noticed to be the first of its kind in the world, with a full transparent mode of operation. The company is proposing the possibility to redeem tokens and receive large chunks of invested funds back, unlike other ICO projects.
This unique offering being the first of its kind has been the talk of the town, the crypto-currency world can’t wait to start enjoying these freebies.
The investment mechanism through which the lottery will operate will commence on the 16th of October. The SmartBillions lottery gaming platform will believe operating with a specially designed PLAY tokens, which will be initially priced at 0,001 Ethereum per unit (approx. 30 cents).
ICO backers will also benefit largely as they would racket in a huge amount of tokens totaling around 252 million. The value of offered Tokens is 200 000 Ethereum, which is around 58 million dollars. Investors will receive 73,37 of all the tokens issued. The rest will end up in the hands of the international, group of developers. Two weeks after the ICO, the developers of SmartBillions will make the ‘PLAY TOKENS’ exchangeable on well-known crypto exchanges though the price would likely be higher than what it would be at the crowd sale period.
The lottery will be greatly cherished by all players in the circle; as there are different means to benefit from, dividend will be paid on monthly basis to Token Holders. Dividends representing 5% of all lottery ticket sales and 90 % of funds raised will be transferred directly to the lottery Jackpot. This project has already attracted a vast community of cryptocurrency enthusiasts. Today the PLAY token costs 30 cents. From an investor’s perspective ‘PLAY TOKENS’ will gain value together with the development of the project and the dividend will grow at the same pace as the number of new players of the lottery.
With the current lack of transparency in the global lottery market operations, which is a leading factor slowing down online lotteries’ growth, SmartBillions seeks to brings full transparency to online lotteries and marks the birth of a new kind of trust and quality in the lottery market. With none of the currently operating online lotteries, having a decentralized and transparent system, whose processes depend majorly on third party involvement, and also not subject to any control mechanisms, thereby creating a high risk of lottery operators influencing draw results and prize payouts. With SmartBillions this is a no-no strategy.
SmartBillions, with its innovative solutions, blows away all of the existing online chance-gaming challenges. Furthermore, the global lottery market data does not limit SmartBillions market potential, as it constitutes a new market category and is dedicated to both blockchain professionals as well as the general public.
The launch of SmartBillions marks the birth of a lottery which provides a new level of quality and trust. It is designed as a community-driven global initiative supporting Ethereum and gameplay communities. It is a part of the worldwide disruptive and democratizing blockchain movement.
It’s been estimated that as much as 70% of all possible markets in the world will rely on blockchain technology by 2025. The transparency and the trust attributed to the smart contracts operating on the blockchains derived from the fact that all agreements are executed automatically and allow no third-party access or administrator intervention.
For more information about SmartBillions and participate in the ongoing ICO, visit www.smartbillions.com