Quinto S.A. Sponsorship

Quinto S.A. Sponsorship

ICO Ended
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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.
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ICO PROFILE

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General
Website: Visit
ICO Time: 10 Mar 2019 - 01 June 2019
Country: Costa Rica
Token info
Ticker: QSA
Platform: Ethereum
Token Type: ERC20
Available for sale: 1,000,000 QSA (100%)
Financial
ICO Price: 1 QSA = 0.00125 BTC
Accepting: BTC
Q4 2018
All back-end game coding completed and tested.
January 2019
Start development of web-interface for games.
February 2019
QSA ICO Tokens Introduced.
March 2019
QSA Token Sales Begin • Launch Dice game (฿100.00 Jackpot).
April 2019
Launch Scratcher Game • Launch Bingo games.
May 2019
Secure Lottery Insurance ($5,000,000 or ฿1000.00) Launch • Lottery games (2-month purchase window for QuintoBTC Lottery).
May 2019
Secure Lottery Insurance ($5,000,000 or ฿1000.00) Launch • Lottery games (2-month purchase window for QuintoBTC Lottery).
June 2019
QSA Token Sales End • Start development on a mobile interface.
July 2019
First QuintoBTC Lottery Drawing with $5,000,000 guarantee (05 July 2019).
September 2019
Release mobile version of games.
Screenshots taken on 1 Apr 2019
Steven Swanson
Founder/Programmer 59 age
Participates in a number of projects
David Best
Back-end Programmer 62 age
Participates in a number of projects
Stéphane Deuvaert
Lead Web Developer
Participates in a number of projects

Advisors (0)

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