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Quinto S.A. Sponsorship ICO (Initial Coin Offering)

What is Quinto S.A. Sponsorship Token / Coin?

Quinto S.A. (“Quinto”) is a provably fair gaming system, built upon the explosive growth in online gaming, particularly on mobile devices, and has created a streamlined system for the lottery, dice, and bingo games. Quinto’s Lottery and Bingo games are also 100% pari-mutuel and this allows Quinto to offer enticing jackpots within these games.Our token is neither a security or utility token but designed as a sponsorship (event-driven backer) token. The majority (80.00%) of funds raised are kept in a cold wallet (“Escrow”) to ensure the ability to pay jackpot winners. However, Quinto will be purchasing event-driven insurance against the first QuintoBTC Lottery (based on fiat amount). Because of the volatility of Bitcoin, Quinto is unable to secure event-driven insurance based on Bitcoin.Sponsor liability is reduced upon each wager within any game, and a fee percentage is charged to the jackpot pool based on the probability of a game for reimbursement to the sponsors. Sponsors will continue to receive percentages of each jackpot as an incentive until all jackpots become self-funding for two consecutive games.100% of QSA token distribution is for sponsors, as there are no tokens reserved for staff or administrators. Use of funds is simplified – 80% is held in escrow for guaranteed jackpot payout and 20% is administrative use to secure additional jackpot insurance and finalize the development of our gaming software.

Price: 4.4924 USD
3.2
Average Rating
Steven Swanson
Start: 2019-03-10
End: 2019-08-01
Ends In:
Days
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Milestones

1
Q4 2018

All back-end game coding completed and tested.

2
January 2019

Start development of web-interface for games.

3
February 2019

QSA ICO Tokens Introduced.

4
March 2019

QSA Token Sales Begin • Launch Dice game (฿100.00 Jackpot).

5
April 2019

Launch Scratcher Game • Launch Bingo games.

6
May 2019

Secure Lottery Insurance ($5,000,000 or ฿1000.00) Launch • Lottery games (2-month purchase window for QuintoBTC Lottery).

7
May 2019

Secure Lottery Insurance ($5,000,000 or ฿1000.00) Launch • Lottery games (2-month purchase window for QuintoBTC Lottery).

8
June 2019

QSA Token Sales End • Start development on a mobile interface.

9
July 2019

First QuintoBTC Lottery Drawing with $5,000,000 guarantee (05 July 2019).

10
September 2019

Release mobile version of games.

TokenQSA
PlatformEthereum
TypeERC20
Price4.4924 USD
Tokens For Sale1,000,000
BonusYes
BountyNo
Restriction AreaIran, North Korea, Sudan, Syria
Min. Investment:20 QSA
Accepting:BTC
Average Rating: 3.2

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