Latest posts of: Orai

Quote from: Rumipl on September 19, 2017, 10:08:09 PM

Quote from: ccccccc7 on September 19, 2017, 08:17:58 PM

Trueflip also is a blockchain lottery. How are you going to attract people to your project?

True flip draw results are taken from the Bitcoin blocks hashes, that's the only blockchain feature true flip has.
The funds are stored on private addresses with admin access, the tickets are sold on internal true flip platform, the prize payout and dividend payments are manual.

In SmartBillions case, the whole process is managed by 1 smart contract. There's only 1 address for the whole operations. The funds are under smart contract management, the lottery draws and all tickets are public and held on Ethereum blockchain.

SmartBillions is a self-amending smart contract where all the rules are transparent and unchangeable.

Thats what i find the greatest about this project.

Quote from: lordmick on September 18, 2017, 11:49:53 PM

Tell me, is it safe to invest in this project? For me, lotteries have always been associated with deception, I dont want to lose money

Well DYOR, but form what ive seen, indeed lotteries are totally owned by government, and totally not transparent at all. Just look at the powerball, the odds of wining there? 1 in 260 mln, and most of the revenue doenst even go to jackpot, it goes to back to government. Here as stated in whitepaper everything is operated by the smartcontract, so its clear. all the money from ticket sales goes straight to jackpot, and since all the bets and wins are recorded on ethereum and public, this could really blow up the lottery game. thats why i keep my full support on this one, with the right scale and suppot it will totally change the lottery industry which is more than 300 billion a year.

So through hackathon to prove the stability of smartbillon contract you will be able to win almost 500 000 $usd?
Thats like WOW never ever heared before of a such a genereous attitude towards community

If you will reach atleast 10% of the lottery market place, that would be 30 billion $USD. That is pretty sick, I like the project. IF executed well I think this one might have a chance to totally blow up the entire lottery/gambling space. Pure Blockchain on this one. So has the lottery been on testnet already?