The new decentralised standard for lotteries - How it works?

in #belotto7 years ago (edited)

Here are our Frequently Asked Questions:

What is the total Token supply?

Belotto will issue 1.200.000.000 BEL Tokens that will be distributed in the following way:

Pre-sale: 10%

Sale & Second-sale: 50%

Team & Advisors: 15%

Company reserve: 20%

Bounties: 5%

What is the price of BEL Tokens?

BEL Tokens do not have a price in Pre-sale, Sale and Second-sale stages as they will only be given as gifts for purchasing Credits. Each Credit grants one Token and Credit prices including early bonuses are as follows:

Pre-sale USD$0,14 — Sale USD$0,16 — Second-sale USD$0,20

When will the platform be released?

The beta version will be released after the Second-sale stage is finished by July 2018, following final adjustments the stable version should be ready for release by late 2018.

How can I acquire BEL Tokens?

In order to obtain BEL, it is necessary to purchase Credits through the Belotto’s website, each Credit bought will confer you with a BEL Token. Once the payment is made and the bill is issued, Belotto will load the new Credits to your personal account and send the BEL Tokens to your ERC-20 compatible wallet.

How can I purchase Credits?

To purchase Credits go to www.belotto.io, create an account and follow the instructions. The accepted payment methods are Ethereum and Paypal only. Credits will be available for purchase exclusively during Pre-sale, Sale and Second-sale stages, and will be exchangeable for lottery Tickets once the platform is publicly released. After such stages, Tickets will only be available for purchase through BEL and Ether.

What is the purchasing limit and what currencies do you accept?

Credits will be available through Pre-sale, Sale and Second-sale stages according to the available token supply to be bestowed. Each Credit costs US$0.20 but through bonuses will reach a minimum of US$0.14 depending on the stage. Minimum purchase is 0.1ETH and there is no maximum limit. For purchases over 5 and 10 ETH you will get extra bonuses: 5 ETH = 10% — 10 ETH = 25% through Pre-sale and Sale stages and 5 ETH = 5% — 10 ETH = 15% in Second-sale stage. The accepted currencies for Credit purchase are ETH y PayPal only.

How do Belotto’s lotteries work?

All the detailed information on this can be found at Belotto’s official website www.belotto.io under the “documents” section.

How can lottery Tickets be purchased once the early stages are over?

Through the mobile app or website using BEL or Ether. Those with Credits on their accounts will be able to exchange them for Tickets.

Can I get a refund?

There are no refunds. You will receive your Credits as long as you have supplied us with the correct contact and billing information and your gift Tokens will be sent when the sales are over. Tokens may be traded at various exchanges as they get listed.

What’s in the fine print?

BEL Tokens are NOT shares, or any other type of financial, investment or debt instrument and should not ever be considered as one. A BEL Token is NOT a share, a security and does not equal rights over future income, shares, intellectual property rights of BELOTTO or any other asset that may produce earnings in the future. BEL Tokens do NOT confer voting rights or any authority through development, operation, property or board decisions at BELOTTO.

If you didn’t see your question listed above, please, feel free to e-mail it to [email protected].

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