[ANN][ICO] Fire Lotto - International blockchain LOTTERY

[Vladdirescu87]

Fire Lotto has Launched the First Truly Transparent Decentralized Blockchain Bitcoin Lottery

Ensuring fairness of games remains the biggest challenge facing the $294 billion lottery industry. Players have always question the genuineness the tickets sold, the pool for the money accumulated, identity of jackpot winners, and the security of Random Number Generators, or RNG. Several high-profile cases of lottery manipulation like the 1980 Pennsylvania Lotto scandal and the recent conviction of Eddie Tipton in 2010 has not only increased player's concerns, but eroded market confidence.

The growing penetration of the internet and adoption mobile devices has resulted in increased accessibility to lottery platform. However, most of them remain inaccessible to players due to regulations or underdeveloped market. Those who can participate have no control over how much money is collected from ticket sales and when they do win, can have up to 60% of their winnings withheld.

Fire Lotto, an international Blockchain lottery, has announced their token sale to address this issue. Launched in December, the ongoing first phase - a private pre-sale - will put their FLOT token in the hands of early contributors and participants.

Read more: https://coinidol.com/fire-lotto-launched-first-truly-transparent-decentralized-blockchain-bitcoin-lottery/

[Marvell1]

Very interesting project. Maybe in the future such projects will be popular. The theme of gambling is always in demand and it can bring attention to this project as well.

[Littledragons]

So... Is this legal anywhere?

[ainsleyfran]

You have a lot of lottery types available! Do you plan to have more types in the future?

[CashPokerPro]

Very interesting project. Maybe in the future such projects will be popular. The theme of gambling is always in demand and it can bring attention to this project as well.

Word lottery market grow up each year.

[CashPokerPro]

So... Is this legal anywhere?

In purposes of raising trust in our lottery, increasing a number of players and a possibility to raise fiat funds we had several successful consultations with the Isle of Man Gambling Supervision Commission. As a result, we received an affirmative statement about a possibility of getting the Online Gambling Regulation Act license for creating and holding internet gambling, including crypto lotteries with the right of acceptance of crypto funds and their free converting to traditional worlds currencies.
The fact of this license opens the following possibilities:
Period of licensing is approximately 4-6 months.
- legal transparency of our business;
- fiat funds acceptance from investors to our company account;
- usage of the traditional payment services to sell the Fire Lotto lottery tickets (VISA, MasterCard, Qiwi, PayPal, WebMoney and etc.)
- increasing numbers of Fire Lotto players in the world.

[CashPokerPro]

You have a lot of lottery types available! Do you plan to have more types in the future?

Already launched 3 types of lotteries on the FIRELOTTO.COM
Soon will launch the 4th type of lottery.
Fire Lotto is lottery platform. And will add as much lotteries as possible on it.

[sam12345]

If i want to buy a lotto ticket i have to enter my private key!? 

Why does it not give a pay adress so i can send and you send prices to that pay adress if i win something.

The private key is not stored anywhere and is used only at the time of payment, as well as when paying by card in a regular online store.

You can have a separate ETH purse only for Fire Lotto, transferring to it the amount for purchase of tickets, and then him buying tickets.
Just Fire Lotto have the opportunity to purchase a ticket directly through smartcontract (without a website), we will post the instructions.

Sorry this seam to be very untrusty. A lot of people know that, but there is still a lot people out there who just past their private key of there normal wallet.
This looks very like a fraud to a suspicious user.

This way you make yourself look like a scam. Why you don't implement it correctly with a simple smart contract as Dopert suggested?
There are two possibilities:
a) you're not able to do that
b) you want to misuse the private keys.

Both makes your project looking very bad.

A simple solution on your end would be, that you generate the private and public key pair and send the address to the user who would register with his public key and want to participate at your lottery.

I'm out, I will not play at your platform nor will I invest.

[dimon01]

I have already met a few lotteries, but you've been greedy for bounty. Only 3%. TrueFlip gives 10%

[herfie.chen]

This is great project, word lottery market grow up each year, and i see fire lotto will be success project, and will attract many investors to invest in this project.

[CashPokerPro]

I have already met a few lotteries, but you've been greedy for bounty. Only 3%. TrueFlip gives 10%

Fire Lotto looking for the investors and partners. It is not fair give such big amount of the tokens for free.
If make ICO more than 6 months, don't need bounty company.

[CashPokerPro]

This is great project, word lottery market grow up each year, and i see fire lotto will be success project, and will attract many investors to invest in this project.

Welcome.
After ICO Fire Lotto will add new popular lotteries to the platform.

[CashPokerPro]

The private key is not stored anywhere and is used only at the time of payment, as well as when paying by card in a regular online store.

You can have a separate ETH purse only for Fire Lotto, transferring to it the amount for purchase of tickets, and then him buying tickets.
Just Fire Lotto have the opportunity to purchase a ticket directly through smartcontract (without a website), we will post the instructions.
[/quote]

Sorry this seam to be very untrusty. A lot of people know that, but there is still a lot people out there who just past their private key of there normal wallet.
This looks very like a fraud to a suspicious user.

This way you make yourself look like a scam. Why you don't implement it correctly with a simple smart contract as Dopert suggested?
There are two possibilities:
a) you're not able to do that
b) you want to misuse the private keys.

Both makes your project looking very bad.

A simple solution on your end would be, that you generate the private and public key pair and send the address to the user who would register with his public key and want to participate at your lottery.

I'm out, I will not play at your platform nor will I invest.

[/quote]
Soon players will have 3 payment methods to buy Fire Lotto tickets: use private key, MetaMask, directly to the smart contract.

[Deterok018]

Why Fire Lotto is the most honest lottery?

• Winning number are chosen by RNG based on blockchain technology Bitcoin, so they are impossible to fake.
• All lottery parameters are in open source. They are accessible and fully transparent 24/7.
• Complete anonymity and safety. No taxes!
• Decentralized platform provides full autonomy and independence.
• Record payments to prize pool – 70% from all raised funds.
 
Try Fire Lotto right now!

• Minimum price of a lottery ticket is about $2
• Mobile and PC versions
• User-friendly interface
• Instant winnings payout
• You need only crypto wallet and Internet access to play

[ket_gav]

The problem with the delay of purchase of tickets was solved.
Now, the gas is automatically calculated to complete the transaction within 5-10 minutes depending on network load.

You can play it now www.firelotto.com

[Dopert]

The private key is not stored anywhere and is used only at the time of payment, as well as when paying by card in a regular online store.

You can have a separate ETH purse only for Fire Lotto, transferring to it the amount for purchase of tickets, and then him buying tickets.
Just Fire Lotto have the opportunity to purchase a ticket directly through smartcontract (without a website), we will post the instructions.

Sorry this seam to be very untrusty. A lot of people know that, but there is still a lot people out there who just past their private key of there normal wallet.
This looks very like a fraud to a suspicious user.

This way you make yourself look like a scam. Why you don't implement it correctly with a simple smart contract as Dopert suggested?
There are two possibilities:
a) you're not able to do that
b) you want to misuse the private keys.

Both makes your project looking very bad.

A simple solution on your end would be, that you generate the private and public key pair and send the address to the user who would register with his public key and want to participate at your lottery.

I'm out, I will not play at your platform nor will I invest.

Soon players will have 3 payment methods to buy Fire Lotto tickets: use private key, MetaMask, directly to the smart contract.

Still you are making no sense. All options are big workarounds for potential custumers who just want to buy 1 ticket to try. You keeping the door closed for potential customers. And like earlier mengent. You do not respect the code of dealing if you ask private keys!

[Dopert]

To bad because i did liked the white paper, beside some flauws.

[coin-investor]

Guys, what do you think about the ICO? do you think the minimum cap will be reached?

W

[ket_gav]

To bad because i did liked the white paper, beside some flauws.

what exactly confuses you?

[dspencer]

Where can I look into your program code?