Token Sale Progress
What is Quinto Games?
Quinto Games is an online gambling site designed with provably fair lottery, dice, bingo and scratcher games, offering significant jackpots paid in Bitcoin.
Funds from sale of QSA tokens are held in escrow and receive a 15% reimbursement (fee) from all jackpots, bringing the benefits of online gambling direct to sponsors.
How Our Games Works
Dice, scratcher, and lottery games are based on SHA-512 calculations. Bingo uses a predetermined hash to produce a random locked outcome.
TOKEN SALE SCHEDULE
- Start Date: 10 March 2019
- End Date: 06 April 2019
- Revised 01 April 2019
- Start Date: 07 April 2019
- End Date: 04 May 2019
- Start Date: 05 May 2019
- End Date: 18 May 2019
- Start Date: 19 May 2019
- End Date: 01 Aug 2019
4th Quarter 2018
All back-end game coding completed and tested.
Start development of web-interface for games
QSA ICO Tokens Introduced
QSA Token Sales Begin • Launch Dice game (฿100.00 Jackpot)
Launch Scratcher Game • Launch Bingo games
Secure Lottery Insurance ($5,000,000 or ฿1000.00) Launch • Lottery games (2-month purchase window for QuintoBTC Lottery)
QSA Token Sales End • Start development on a mobile interface
First QuintoBTC Lottery Drawing with $5,000,000 guarantee (05 July 2019)
Release mobile version of games
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.
Email addresses are for internal use only and will not be released or sold to any third-party.
Please DO NOT use an Exchange ETH address as that Exchange would become the owner.