What is Billionaire token?
introduction
Billionaire tokens (XBL) are very different from other coins or tokens, which usually have a mining system. Billionaire tokens have exactly the opposite and have a deflationary system that destroys a certain number of tokens each week via the decentralized raffle and the Brenner Smart Contracts. The vision of gaming makes the XBL perfect for players and investors who want to prove their skills.
Billionaire tokens in numbers - as of 17.01.2017
The current market capitalization of Billionaire tokens is $ 1,577,583 and the circulating offer is $ 3,268,301. The daily trading volume is $ 32,066. The total offer is 3,315,297 XBL and the maximum offer is 3,315,372 XBL. Billionaire tokens rank 699 in coinmarketcap.com's Mineable Coins.
What is the Billionaire Token and what is it used for?
Billionaire Token calls itself the first super deflationary Ethereum tokens developed for gambling. Billionaire Token builds on the Ethereum Blockchain and also uses Ethereum's Smart Contracts. The deflationary mechanism and the gambling ecosystem make the token unique. The term super-deflationary shows that Billionaire tokens could not make big profits, but builds on a slope of value in the future. The difference with the competition, which often fails because of this problem, is that the company weekly destroys some tokens themselves by means of Smart Contract. This destroying is based on a lottery system with smart contracts.
As the total offer of tokens decreases in this way, the single value increases. Users can participate themselves in this process by purchasing tickets. The more tickets a person buys, the more the chance of winning increases. At the end of each week, three winners will be selected, under which the prize will be divided in percentage. In addition to participating in this lottery, game users have two more activities available. The Cee-Io DICE and since 2018 the poker game Billionaire Hold'em.
Cee-Io DICE refers to a quick and easy player-versus-player dice game. Billionaire Hold-em tries to shield itself from the huge market of online poker offers and relies on trust. The blockchain technology stands for the trust that users should find in the company. To be able to play poker, each user only has to set his tokens and has no obligation to pay in cash. This eliminates possible bank charges and the privacy of users is protected. Billionaire tokens are needed to start these games. The Company presents on its website the vendors where anyone can safely and securely purchase Billionaire tokens.
Who is behind the Billionaire tokens?
The cryptocurrency Billionaire Tokens was founded in August 2017 by a five-member company. Daren Iott is the software developer of Billionaire Tokens and has already gained 15 years of experience in financial software development. Smart contract developer Glue Dog is responsible for ensuring the entire network structure. Pascal Meers is the front-end web developer behind the Billionaire tokens and creates visual interfaces for all contracts. Zaratustra supports the company as a senior backend developer and Mustafa Uzun is the graphic designer behind the project. The company stands for a high level of transparency and security. With the idea of
gambling, based on Billionaire tokens, they want to re-cover and revolutionize the market.
Conclusion
Billionaire tokens are great for users who like to play online and speculate on a win. The company is tempting potential players with the promise that they can become billionaires with some skill and experience. Billionaire tokens are coins of a unique cryptocurrency which began with a total offering of 3,333,333 tokens and writes every week losses. The coins are destroyed by a lottery process and intelligent contracts to increase the value of individual tokens. However, the intended gambling ecosystem should build on and support the currency.