Hello everyone, this new post I want to introduce about a very interesting and good project that is Loteo, and for more details, let's just go to the following discussion:
Lotteries have been around since the 2nd Century B.C. People enjoy the suspense of buying a ticket and hoping they win big time. The problem has always been that Lotteries are inherently easy to manipulate and corrupt. This lessens the odds of winning immensely. Even without manipulation, lotteries are profitable for organizers, with many claiming a profit margin of up to 50% of ticket sales. All that has changed with the launch of LOTEO, the first Lottery based on Blockchain Technology. The way the world thinks about lotteries will be forever changed. This is the next generation of the lottery.
With the advent of the digital age, lotteries now have the option of being run as all-digital platforms that transcend national and even continental boundaries. Even more importantly, the emergence of blockchain as a commercially-viable technology for businesses has created an interesting new dynamic in the historical development of lotteries. Trust has always an essential part of successful lotteries. Customers need to be assured that the drawing is done in a transparent, fair and randomized fashion. A multitude of scandals, both recent and past, have damaged the reputation of conventional centralized lotteries.
With the Smart Contract on the Blockchain, the platform is owned by nobody, yet owned by everybody. Individuals or groups of people cannot determine who the winners will be. This is the fairest way to run a lottery. The Smart Contract Code will be publicly-viewable on GitHub and also on the Ethereum Network. Through a combination of international reach, transparency and automation, LOTEO aims to become the industry standard in the rising market for digital lotteries.
LOTES is a security token which is meant to be sold only in private funding round (the STO) to accredited contributors from venture capital funds. There will not be a public sale. This token grants owners an opportunity to profit from being part of a lottery without being attendees in amount 20% of each prize total value. The LOTES are locked for 15 months and during this time it is not possible to buy or sell them anywhere else. After the first 15 months pass, there will be another round of the private sale during which LOTEO will unlock 30% of all tokens and those will be sold to accredited contributors or VC in private deal. After selling these tokens, the token will be listed on exchanges that offer security tokens trading. After 15 months, a maximum 20% of all security tokens will be owned by the lottery while 80% will be decentralized, preventing the lottery from being manipulated. The token also has a governing function, meaning any significant change has to be achieved by consensus and any token-holder can issue a suggestion or voting.
The lottery will, first on a weekly, and later on a daily basis, draw a random Ethereum address from a pool of users. The draw will be based on a random number generation system. The winner shall receive 75% of the prize pool as a reward, which will be sent to their Ethereum address.
LOTEO Will Offer A Unique Affiliate Program:
A complete discussion is available on the website, but here are some important points.
- For the first ticket purchased by a user who registered via an affiliate link, the affiliate partner will receive 50 LOTEUs (utility tokens) + 4% of each purchased ticket value in ETH while the newly-registered user shall receive 100 LOTEUs.
- The affiliate partner has a right to be rewarded with each sale of a LOTEOMAXX wholesale package. However, the bonus from the wholesale package (10, 20, 50, 100) can be only claimed once per user, per year.
- There is no limitation for 4% of each ticket value in ETH. During the referred sale of the LOTEPASS Each affiliate partner can claim 500 LOTEU and 4% of each ticket value in ETH.
This is the beginning of the Lottery revolution and an opportunity to be part of the next generation of the Lottery system. Investments like LOTEO are a once in a lifetime opportunity.
Mark the calendar:
- MVP Ready —- 1 April 2019
- Soft Launch —- 1 May 2019
- Hard Launch — 1 June 2019
Token Structure & Usage
There are 2 tokens: The Loteo Security token (LOTES) and the Loteo Utility token (LOTEU).
Security Token
LOTES is a security token which is meant to be sold only in private funding round (the STO). There will not be a public sale, for all investment requirements please fill the form on website. This token grants owners an opportunity to profit from being part of a lottery without being attendees in amount 20% of each prize total value. The LOTES are locked for 15 months and during this time it is not possible to buy or sell them anywhere else. After the first 15 months pass, there will be another funding round during which LOTEO will sell at least 30% of all tokens in compliance with legal and regulatory requirements. The price and all details will be revealed prior to this event. After selling these tokens, the token will be listed on exchanges that offer security tokens trading. After 15 months, 20% of all security tokens will be owned by the lottery while 80% will be decentralized, preventing the lottery from being manipulated. The token also has a governing function, meaning any significant change has to be achieved by consensus and any token holder can issue a suggestion or voting.
Utility Token
LOTEU is a utility token that will be used for marketing purposes. When you buy an additional entry into the lottery with 100 LOTEU, you double your chances of winning the lottery. It doesn’t raise the prize, but it doubles your ticket number in the pool. There will be more airdrops of this token through LOTEO’s marketing partners and there will be many more competitions that will reward LOTEU. The LOTEU tokens will be also distributed through bounty campaigns in accordance with LOTEO’s marketing plan.
Roadmap
Here are the reviews I present to you all in finding information and knowing the LOTEO project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information. information and of course you will be able to speak directly with their founder or team, at the link.
You can join or participate in the Loteo sales crowd through the following links:
Website: https://playloteo.com/
Facebook: https://www.facebook.com/loteomission/
Twitter: https://twitter.com/loteomission
Instagram: https://www.instagram.com/loteomission/
Telegram: https://t.me/loteomission
ANN Thread: https://bitcointalk.org/index.php?topic=5116114
Username Bitcointalk: bitcampaign
Profile Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=905392
ETH Address: 0x0aa9a1fdfe086df97cfff4bc0968c8ec651d2cb3
Email Address: rikaamardianti01@gmail.com
No comments:
Post a Comment