The raffle game built on the etereum block chain will be a major innovation in the global lottery industry. The lottery industry accounts for 29% of gaming revenue worldwide and faces challenges due to the growth of the digital economy.
With technological advances enabling change, global demands for more transparent and uniformly improved services. The distributed and decentralized nature of blockchain technology offers enormous opportunities for financial innovation and modernization of the gaming industry.
Game systems based on the use of the Ethereum block chain will operate with a high degree of autonomy, and data and files will be stored as keywords in open and distributed block strings. This system, available online and seamlessly, can address some of the issues associated with traditional sweepstakes.
Sweepstakes are submitted using RNG methods that are safe, fair, and prevent manipulation and fraud. This project applies a completely secure RNG method based on the current version of the Bitcoin protocol.
Each raffle has photos every 6 hours. This number is taken at random using a RNG-based string block (4, 5 or 6 digits from the unique code of the last block of coins). Once all drawn numbers are drawn, winnings are automatically transferred to the winning ticket owner using an algorithm embedded in the Smart Contract. Table 2 shows the distribution of Kitty in the fire-fighting lottery.
Distribution and payment of the sales commission
The Loto-feu token holder warrants 10% of the money earned on ticket sales. Sales commissions are distributed after each image is subject to a smart contract, regardless of its ticket sales volume. The symbolic result is $ 1.60 per 8 million tickets sold, representing more than 20% of the amount invested in Loto's fire chip. Since over 7 billion lottery tickets are selling for $ 2.00 each year sold worldwide, profits from Lotto tokens could exceed 50% per year in the first year.
Frequently Asked Questions
How many chips will be sold and how are they distributed?
* A total of 100 million Lotto chips will be sold. The chip distribution is shown in the diagram below.
2. What is the cost of the chip?
* Token will sell for $ 0.50 during ico. For participants in the bonus program, the lowest price per chip is USD 0.40. Tokens will be sold for $ 0.35 during the pre-ico period.
3. How much do the chips cost during a private sales tour?
* The prize of the lottery is $ 0.35 per chip. For special needs, please contact info@firelotto.com.
4. Why do I need a closed loop?
* Funds from Closed Execution will be used to create a minimum prize of $ 1,150,000 * and to fund an ICO Advertising Campaign. * Make a money prize:
5. How will the project begin?
* Unlike other ICOs, ICO will start the lottery and not the lottery. This product will be available on January 1, 2018. The beta version can be tested today! The lottery starts with a prize of at least $ 1 million.
* The day the drawing begins, we send the source code to GitHub for testing. The lottery starts in the operating mode. In other words, users can enjoy all the features and enjoy the game. At the time of the sweepstakes release, the money is automatically transferred under smart contracts, and the wallet collects the sales commission and pays the token holder.
* Pre-ico opened on January 15, 2018 and ends on February 15, 2018, ICO will be launched on March 15, 2018 and will expire on April 15, 2018.
* In other words, when the ICO is open, investors will be amazed to see a large pool of payments they can use to earn, as well as finished products, and the distribution of sales commissions between the holders. tokens in real time mode. This ICO roadmap will be implemented for the first time and will be a feature of this project.
6. How to get pirotochip?
* Within four days of the termination of the ICO, the chip will be transferred to the portfolio of participating investors in all cycles. The evidence is transferred from private practice to your investor account and available at the end of Oki.
7. How can I pay my selling costs?
* Since the beginning of the raffle, 10% of the funds will be transferred to a Smart contract for the distribution of sales commissions during ticket sales. The distribution of the first cost of sale between the token holders occurs on the second day after the closing of the ico. Fees are paid to all token holders by the ETH. The cost will then be paid after each draw.
8. When is the Lotto token registered in password encryption?
* Our chips will be registered in the month following the end of the ico period.
9. How much money can I invest during my private visit?
* The amount is unlimited. The symbolic price is $ 0.35 per chip. The funds will be converted to and by the lucky organizers at the current exchange rate between the ET and the currency for which the participant must pay. This means that you do not need to lose more than 7% of participants when you buy the decryption or monitor as the level of ethics continues to increase.
10. What if I do not sell all the chips?
* The amount remains unused for 1 year. Then investors will be able to make a purchase.
* For more details and to join the ongoing FireLotto project, please follow the links below:
11. When is the Lotto token registered in password encryption?
Our chips will be registered in the month following the end of the ico period.
12. How much money can I invest during my private visit?
* The amount is unlimited. The symbolic price is $ 0.35 per chip. The funds will be converted to and by the lucky organizers at the current exchange rate between the ET and the currency for which the participant must pay. This means that you do not need to lose more than 7% of participants when you buy the decryption or monitor as the level of ethics continues to increase.
13. What if I do not sell all the chips?
The amount remains unused for 1 year. Then investors will be able to make a purchase.
For more information, please visit the Apollo website or read the white paper.
WEBSITE: https://firelotto.io
WHITE:https://firelotto.io/whitepaper_en.pdf
TELEGRAM: https://t.me/firelotto
TWITTER:https://twitter.com/FireLottery
FACEBOOK:https://www.facebook.com/firelotto/
BTT THREAD:https://bitcointalk.org/index.php?topic=2579275.0
Username profile BTT: Galih_al karim
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