Frequently asked questions

Multiplier is a number from 2 to 10. Which is how many times your deposit amount is multiplied and paid back to you minus the transaction fee (20%). If you make more than one deposit, the multipliers may vary.

It is a compliment for our members. 10% of all the commission fees are assigned to the jackpot fund. Jackpot is a unique 7 digits combination (7777777). When a payout is fulfilled by the smart contract, this transaction also has a 7-digits identificator inside the system. If it is 7777777, you’re the one to get the jackpot.

Only deposits from 0.1 ETH for Ethereum and 2.5 ETC for Ethereum Classic take part in the lottery.

The total fee is 20% from the payout amount.

Fee breakdown:

  • 10% forms the jackpot prize fund.
  • 25% goes for the project support
  • 65% is proportionally distributed among the investors

A Wikipedia definition for the smart contract is that it is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.

In our project the smart contract fulfills the following:

  • enrolling deposits
  • generating the multiplier and the payout period value
  • calculating and withholding fees
  • making payments
  • pointing out the jackpot winner and paying out the jackpot
  • calculating and paying out the investors income

There are functions available, to retrieve the information straight from the smart contract.

Deposit info
shows deposit information by the deposit id. Deposit id is available in your user’s area.
Investor info
shows information about the investor by the investor’s id. It is available in your user’s area.
Show bank amount
shows fund’s balance (the fund, that the payouts come from).
Show investors comission
shows the total investor’s fee income
Show jackpot balance
shows jackpot fund’s balance.
Show stats
shows the share in commission fees, that finance project support; the share of investors income; the share of withdrawals to jackpot fund; min deposit amount; min deposit amount to participate in jackpot winning lottery; min investment amount.
New Investment
allows to make a new investment to the project's fund (become a new investor or to increase the existing investment).
Payout Investor
invokes the investor’s income payout by the investor’s id. It is available in your user’s area.

To use the function:

  1. In your e-wallet menu select the “Contracts” option
  2. Press “Watch contract” and put the smart contract’s address and JSON interface
  3. Enter the added contract.
  4. Check “Read From Contract” column to find the information you are interested in or select a function in “Write To Contract” column, fill up the form and press “Execute”.

To become a member you need to transfer an amount in ETH or ETC to the given smart contract address using your e-wallet. Minimum deposit sum is 0.02 ETH for Ethereum and 0.5 ETC for Ethereum Classic.

Please, use only your e-wallet to transfer funds to the smart contract address. Don’t make transfers over the cryptocurrency exchanges. The smart contract makes the paybacks automatically using the incoming addresses. If a deposit is made from the cryptocurrency exchange, then the payout will be transferred to its address, not yours.

You get back your deposit amount, multiplied by your individual multiplier (2 to 10 times), minus the 20% transaction fee. For example, your deposit is 0.1 ETH. With the multiplier set to 2, the payout sum will be calculated this way: 0.1*2*0.8 = 0.16. Thus, you are getting your 0.1 ETH back plus 0.06 ETH as a profit.

The payout period is generated individually per each transaction by the smart contract and can be from 4 to 72 hours.

If you have one active deposit, and make another one, than you get a bonus: -1% off the 2nd deposit’s period, -2% off the 3rd, and so on. Up to 10% off.

For example, you’ve made a deposit and have 24 hours before the payout. Before time runs out, you are making another deposit and it gets 25 hours period. With the 1% bonus, your deposit will be payed 15 min earlier.

Please, mind that only active deposits give you a bonus. Those deposits, that have been already payed out, are not considered.

The multiplier default values are 2 and 3. Unless you get the lucky payout period.

  • 8 hours = x10
  • 12 hours = x9
  • 25 hours = x8
  • 37 hours = x7
  • 42 hours = x6
  • 51 hours = x5
  • 63, 65 or 67 hours = x4

Iteration - is a project’s lifecycle, time before the guarantee fund runs out. After that a brand new iteration begins - with a new fund, new investors, etc.

Each iteration is divided into 3 stages.

There are three stages altogether. The 1nd and 2nd stages are 24 hours each, while the 3rd lasts until the end of the iteration. Each stage has its own rules regarding the payout periods.

As you already know, the payout period is 4 to 72 hours. This rule is applicable only for the first stage. For all the following stages the min/max settings shift for 10 hours each, narrowing the corridor. Thus, for the second stage the new limits are gonna be 14 to 62 hours. For the third stage, they are 24 to 52 hours.

As you can see, chances to get the highest multiplier value are getting lower with each stage. So you’d better be an early bird and get the best out of it.

The payouts are made from our specially raised guarantee fund. Further on, the fund is increased due to all the incoming transfers. The current fund’s balance is displayed in the bottom of this page.

This is the first project in a row, a headliner. It is aimed to:

  • give us the proof-of-idea
  • streamline and polish the current concept
  • to get the smart contract running smoothly before launching a bigger project

There are odds of not getting your deposit back if the guarantee fund is exhausted. You can monitor the fund’s current balance on the home page or check the contract’s data.

The fund’s balance is displayed in the bottom of the home page.

You can also get this info directly from the smart contract, using your e-wallet.

To do this:

  1. In your e-wallet menu select the “Contracts” option
  2. Press “Watch contract” and put the smart contract’s address and JSON interface
  3. Enter the added contract. Find “Show bank amount” in “Read From Contract” column and check the info.
  4. Please, contact us if you need help with this.

Or use the independent block explorer (e.g. https://etherscan.io). Searching by the contract’s address, you’ll see the recent information on the contract’s balance and recent transactions. Although, this sum would be bigger than on the website. Because the contract’s balance is a total of fund’s balance, investor’s commissions and jackpot.

The investor invests his ether straight to the guarantee fund. This is a non-refundable payment. Instead, the investor gets his proportional share in the total fees income. Minimum investment amount is 10 ETH for Ethereum and 250 ETC for Ethereum Classic.

For example, an investor contributes 10 ETH. Given that we already have 10 ETH in the guarantee fund, the fund’s balance goes up to 20 ETH. So, the investment makes 50% of the total amount. And whenever the payout is made, the investor gets 50% of the investor’s fee income.

You need to invest min 10 ETH for Ethereum and 250 ETC for Ethereum Classic to the project fund.

To do this:

  1. In your e-wallet menu select the “Contracts” option
  2. Press “Watch contract” and put the smart contract’s address and JSON interface
  3. Enter the added contract. Select a function “New Investment” in “Write To Contract” column and put the desired investment amount in the “Send ether” field.
  4. Make sure that everything is correct and press “Execute”.

A detailed walkthrough with the screenshots from Ethereum wallet is available here.

The maximum number of investors for this project is 7.

Investors either get their income automatically in the end of the iteration, or can invoke the income payout manually.

To do this:

  1. In your e-wallet menu select the “Contracts” option
  2. Press “Watch contract” and put the smart contract’s address and JSON interface
  3. Enter the added contract. Select a function “Payout Investor” in “Write To Contract” column and put the investor id to the corresponding field.
  4. Make sure that everything is correct and press “Execute”.

The minimum deposit sum is 0.02 ETH for Ethereum and 0.5 ETC for Ethereum Classic. The lesser sums will be considered donations and added to the guarantee fund.

The participant should be an eligible and legally competent person in the country he/she belongs to.

The max number of investors is 7.

In the user’s area.

Press “Wallet info” button in the top menu. Select the relevant network, you’re using - Ethereum or Ethereum Classic. Enter your e-wallet address. There you can find all the relevant information.

The safety inside the system is ensured by the technology itself. Which is a cornerstone for all the cryptocurrency transactions. Its core principles are the distribution and independence of all the comprising blocks. That’s a pretty good protection from the hacker attacks. As for the smart contract that we use in this product, it is a programming algorithm, certain conditions, under which the transaction is carried out.