Based on the above statement, today I will review about the Fire Lotto platform that uses Blockchain technology also for the lottery industry worldwide.
Fire lotto is the platform that built the lottery industry over the ethereum blockade. This is a new revolution for the lottery industry to meet user demand in the lottery industry to make it more transparent and fair. By using Blockchain technology, the lottery industry can solve the problems of trust and justice, so the development of the lottery industry is getting better.
Fire Lotto Mechanism
Fire Lotto has built a completely transparent and fully decentralized platform to organize and withdraw using blockchain technology and smart ETH contracts to collect and distribute funds, withdraw random numbers, and pay commissions on lottery sales to token holders.
Lotto lottery gift packages are formed from 70% of the funds collected from ticket sales. The minimum guaranteed jackpot size is fixed 1000 ETH (USD 1,000,000) for the 6/45 draw. If there is no ultimate prize winner in an image, if no one wins the main prize, the image will be rolled onto the next picture and increase. Jackpot will continue to grow until it finds the winner.
There will be many prize categories with different prizes depending on how accurately players predict the number of draws. All categories starting from 2 will be counted as a percentage of the prize pool. If multiple winners win the jackpot in a single image, it will be shared between the two.
Fire Lotto will offer two types of lottery: instant lottery and lottery lottery.
The Roger's Wheel sequel lobster is a blend of traditional luck wheels and slot machines. In this game, players can place bets ranging from 0.003 ETH (USD 2.00) to 1 ETH (USD 1,000.00) [*] and select a payment rate of 2 to 20, which will be used to multiply their winnings. Next, players spin the wheel divided into 21 sectors with different payment rates on them. If the wheel stops at the level the player chooses, he will instantly gain victory (transferred to their crypto-cardiac wallet). Players can change the number of unlimited wheels in a game, which reduces waiting times and increases the number of tickets purchased by players. The wheels rotate for 20-30 seconds. Randomness of this game is confirmed by RNG block-based blocker.
Fire Lotto offers three types of lottery lottery; 4/20, 5/36, and 6/45.
allowing for the addition of new types of lotteries in the future. Players enter the lottery site with a traditional and user friendly interface, where he can buy almost all unlimited lottery tickets and choose a number for each ticket. Tickets are purchased in one click via the User's annoying crypto wallet. The Ethereal transaction goes into the smart sweepstakes of the selected lottery, contributing to the prize pool. 70% of all lottery ticket sales are allocated to prize pool.
Main Target Fire Lotto
- The initial prize pool is guaranteed over USD 1.1 million.
- The number of prize pools can grow up to tens of millions of rupiah.
- A record 70% of the funds collected from ticket sales will be allocated to the prize pool. § No winning numbers or lottery tickets can be falsified.
- Transparent distribution and payment procedures and supported by smart contracts.
- The lottery is based on ETH blockchain. All raffle parameters are included in the program code, which will be open to anyone who will review it.
- This lottery can not be banned. You just need internet access and key crypto wallet to play it.
- The interface is comfortable and user-friendly. A game is played in one click. Mobile version available
- At the launch date of the one-ticket platform is charged USD 2.00, the number of millions of players worldwide is commonplace.
- There is no possibility of system abuse. Fire Lotto is anonymous.
- Victory of any size is paid almost instantaneously.
- Victory is not taxed.
- The fact that the raffle platform is decentralized means that the platform will operate independently and independently provided there are gambling, internet, and cryptocurrency enthusiasts.
- Sales commission payments are secured by smart contracts and provide token holders with an almost endless source of income.
- Fire Lotto token price will continue to increase.
Summary of Token Launch
ICO Information
A total of 100,000,000 tokens have been issued and the pre-sale round is currently available live, ending on January 15, 2018. The most important ICO begins on February 15, 2018 and continues until March 15, 2018.
Team
According to an estimate, the global lottery industry is estimated to reach $ 294 billion by 2016. The advent of technology and digital tools has practically changed the look of the lottery industry. This has brought tremendous changes in the nature and operation of the industry. The industry is ready to grow further in view of the increasing globalization, information and living standards. We expect sustainable growth in this sector.
Honesty and honesty in the game are their main goals and with the help of blockchain technology and smart contracts they can do this without a hitch. The same opportunity frame for everyone is their motto, which can be easily reduced by their game design.
I think the gambling market is ready for such a platform that will stimulate industry growth with the help of the latest technology. People need confidence in every type of game and if it can be maintained consistently, their platform will grow quickly. Nothing is required to participate in the lottery, except your crypto wallet and internet access. So, you are ready for the game of your life.
Website: https://firelotto.io/
Whitepaper: https://firelotto.io/whitepaper_en.pdf
Facebook: https://facebook.com/firelotto
Twitter: https://twitter.com/FireLottery
Telegram: https://t.me/firelottery
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1785586
Eth: 0xbDF56fAC1d4b6591178a8bc94A53B01F1fec2861
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