StacyKo
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Activity: 56
Merit: 0
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January 29, 2018, 12:26:37 AM |
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Wow, interesting concept. I wonder how this lottery thing all plays out!
A gaming system built based on the use of the Ethereum blockchain would operate with a high degree of autonomy, and its data and records would be cryptographically stored in a public, decentralized blockchain. Available online and borderless, such a system can resolve several challenges of traditional lotteries. The proposed lottery will employ the random number generation (RNG) method, which is secure and fair and prevents manipulation and fraud. This project implements a completely secure RNG method based on the current version of the Bitcoin decentralized protocol. We will offer two types of lotteries: instant lotteries and draw lotteries. The Roger’s Wheel instant lottery is a mix between the traditional wheel of fortune and a slot machine. In this game, players can place bets ranging from 0,003 ETH (~USD 2.00) to 1 ETH (~USD 1,000.00) and choose a payout rate from 2 to 20, which will be used to multiply their winnings. Next, the player spins the wheel divided into 21 sectors with different payout rates on them. If the wheel stops at the player’s chosen rate, he or she will instantly have the winnings (the bet multiplied by the payout rate) transferred to their cryptocurrency wallet. The player can turn an unlimited number of wheels in one game, which reduces the waiting time and increases the number of tickets bought by the player. The wheel rotates for 20–30 seconds. The randomness of the game is ensured by ETH blockchain-based RNG. Its description will be given later in the text. We offer three types of draw lotteries: 4/20, 5/36, and 6/45. Our platform allows for the addition of new types of lotteries in the future. The player enters the lottery site with a traditional and user-friendly interface, where he or she can buy almost an unlimited number of lottery tickets and choose numbers for each ticket. Tickets are bought in one click through the user’s cryptocurrency wallet. An Ethereum transaction goes to the smart contract of the chosen lottery, contributing to the prize pool. 70% of all lottery ticket sales are allocated to the prize pool. Table 1 shows data on the distribution of lottery funds. More information you can get here https://firelotto.io/whitepaper_en.pdfReally useful information! Everyone should read WP before investing .
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assasin21rus
Member
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Activity: 322
Merit: 10
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January 29, 2018, 01:41:01 AM |
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Wow, interesting concept. I wonder how this lottery thing all plays out!
A gaming system built based on the use of the Ethereum blockchain would operate with a high degree of autonomy, and its data and records would be cryptographically stored in a public, decentralized blockchain. Available online and borderless, such a system can resolve several challenges of traditional lotteries. The proposed lottery will employ the random number generation (RNG) method, which is secure and fair and prevents manipulation and fraud. This project implements a completely secure RNG method based on the current version of the Bitcoin decentralized protocol. We will offer two types of lotteries: instant lotteries and draw lotteries. The Roger’s Wheel instant lottery is a mix between the traditional wheel of fortune and a slot machine. In this game, players can place bets ranging from 0,003 ETH (~USD 2.00) to 1 ETH (~USD 1,000.00) and choose a payout rate from 2 to 20, which will be used to multiply their winnings. Next, the player spins the wheel divided into 21 sectors with different payout rates on them. If the wheel stops at the player’s chosen rate, he or she will instantly have the winnings (the bet multiplied by the payout rate) transferred to their cryptocurrency wallet. The player can turn an unlimited number of wheels in one game, which reduces the waiting time and increases the number of tickets bought by the player. The wheel rotates for 20–30 seconds. The randomness of the game is ensured by ETH blockchain-based RNG. Its description will be given later in the text. We offer three types of draw lotteries: 4/20, 5/36, and 6/45. Our platform allows for the addition of new types of lotteries in the future. The player enters the lottery site with a traditional and user-friendly interface, where he or she can buy almost an unlimited number of lottery tickets and choose numbers for each ticket. Tickets are bought in one click through the user’s cryptocurrency wallet. An Ethereum transaction goes to the smart contract of the chosen lottery, contributing to the prize pool. 70% of all lottery ticket sales are allocated to the prize pool. Table 1 shows data on the distribution of lottery funds. More information you can get here https://firelotto.io/whitepaper_en.pdfReally useful information! Everyone should read WP before investing . And they translated them into a large number of languages that shows about the great audience
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Khala
Member
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Activity: 280
Merit: 10
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January 29, 2018, 02:13:10 AM |
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Hello I'm a newbie so I've a lot of doubts but i like the project and I would try to invest on it. I dont' understand if during pre-ico, I can buy/transfer eth --> flot by an exchange (as bittrex, gdax etc..) without using a wallet or I need to use only a wallet (exchange rule states to not trasnfer eth to/from an ethereum contract). Further, same question about future commissions withdraw related to fire lotto tokens purchased.
Thank you in advance steber
Token Fire Lotto are automatically credited after the transaction is confirmed. account of the investor in his personal account.
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candyconstantino11
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Activity: 84
Merit: 0
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January 29, 2018, 02:19:49 AM |
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good luck the team for this project,i think it will be successful
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Khala
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Activity: 280
Merit: 10
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January 29, 2018, 06:24:10 AM |
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When will the Fire Lotto token be listed on crypto exchanges?
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assasin21rus
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Activity: 322
Merit: 10
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January 29, 2018, 06:54:34 AM |
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When will the Fire Lotto token be listed on crypto exchanges?
Exit to the exchange will be made within one month from the date of the end of the ICO.
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MelisaMoris
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Activity: 98
Merit: 10
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January 29, 2018, 07:02:39 AM |
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Why different kind of lottery based on blockchain tehnology are so popular now?
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MelisaMoris
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Activity: 98
Merit: 10
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January 29, 2018, 07:04:03 AM |
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good luck the team for this project,i think it will be successful
Did you know some info about team? did they have any experience with projects on blockchain technology?
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Exte
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Activity: 196
Merit: 10
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January 29, 2018, 07:32:05 AM |
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Really like how this project goes. I think that if they continue to develop, they will have a great future.
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A7373
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Activity: 602
Merit: 15
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January 29, 2018, 07:43:52 AM |
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I have a quastion. Why there is no road map after main sale? Or Im just blind?)
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Deterok018
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Activity: 154
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January 29, 2018, 08:46:48 AM |
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I have a quastion. Why there is no road map after main sale? Or Im just blind?)
Please check WhitePaper, here you can find all information about our project https://firelotto.io/whitepaper_en.pdf
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Deterok018
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Activity: 154
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January 29, 2018, 08:48:49 AM |
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Really like how this project goes. I think that if they continue to develop, they will have a great future.
This is just the beginning, we will add more games soon. For example Roger`s wheel
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Deterok018
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Activity: 154
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January 29, 2018, 08:51:13 AM |
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good luck the team for this project,i think it will be successful
Did you know some info about team? did they have any experience with projects on blockchain technology? Our team have good experience. You can read about our team here https://firelotto.io/
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Deterok018
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January 29, 2018, 09:01:20 AM |
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Why different kind of lottery based on blockchain tehnology are so popular now?
Becouse the can make lottery clear and understandable, like our lottery!
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Deterok018
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Activity: 154
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January 29, 2018, 09:02:47 AM |
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When will the Fire Lotto token be listed on crypto exchanges?
After ICO, we will make special news!
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Deterok018
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Activity: 154
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January 29, 2018, 09:05:50 AM |
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good luck the team for this project,i think it will be successful
Thank you! We will make our project better!
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felsatania
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Activity: 67
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January 29, 2018, 09:31:50 AM |
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where is bounty ??
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Dmitry Griz
Newbie
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Activity: 98
Merit: 0
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January 29, 2018, 11:25:37 AM |
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Hello I'm a newbie so I've a lot of doubts but i like the project and I would try to invest on it. I dont' understand if during pre-ico, I can buy/transfer eth --> flot by an exchange (as bittrex, gdax etc..) without using a wallet or I need to use only a wallet (exchange rule states to not trasnfer eth to/from an ethereum contract). Further, same question about future commissions withdraw related to fire lotto tokens purchased.
Thank you in advance steber
Hello To buy Fire Lotto tokens need to: 1.Register in investors account on firelotto.io 2.Choose currency (BTC or ETH). 3,Get the BILL with ETH or BTC wallet number. Each wallet is unique for each payment. 4.Make payment to the wallet in the BILL. 5.Click the button THE BILL IS PAID 6.After transaction confirmation you will get tokens to your investors account (about 20-80)
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