Cryptolottery - your Lottery in open blockchain

[_gambitz]

Welcome to Cryptolottery.it
We want to introduce the world of Cryptos into gambling.
t.me/cryptolottery_community

About Us
Cryptolottery, your Lottery in open blockchain
CryptoLottery is a small company made by Italian guys that really love Cryptocurrencies. We are dreamers and we are aiming high!

Why CryptoLottery instead of classic Lottery?

• Winning is easier
  
• We're going to launch our own Cryptocurrency token
  
• The aim is not to give us profit but to give everyone their fair winnings
  
• Payments are way faster
  
• 100% Transparency
  
• Provably Fair
  
• Independent from Government
  

How is CryptoLottery Supposed to Work?
1
Bitcoins or Cryptolottery Tokens Deposit
You'll simply start by depositing your Bitcoins or your Cryptolottery tokens into your account. Once you have deposited your BTCs you can start playing!

2
What is the game all about?
There are many rooms and every room has a differet set of attributes: number of partecipants, number of winners (risk level) and an entry fee (10000 sats to 0.5btc).

3
What happens when I join a room?
When you enter a room you also pick a number (0 to number of partecipants) and a lucky word that will take part in our provably fair algorithm.

4
When will the winners be drawn?
Once a room get filled all the winners will be drawn and the prizes will be given to them.


More Features

Multiple Rooms & Risk Levels
There are various rooms settings, from 20 partecipants to special events with thousands of partecipants. You can join from 10000 satoshis up to 0.5₿. In a room could be present a winrate from 75% to only 1 winner.

Referral System
Call your friends! For every user you invite, you'll get 10 tokens of our future cryptocurrency! There is present also a bounty program for the users that will invite the most people in our telegram group!

Web Mining
You will be able to access our Web Mining Tool to earn CryptoLottery Tokens.

Internal Exchange
An exchange to trade Cryptolottery tokens and Bitcoins with all the other users.



Roadmap
https://cryptolottery.it



Socials
Telegram:

t.me/cryptolottery_community

Facebook:

/cryptolottery.it][Suspicious link removed]/cryptolottery.it



See you in the Telegram group!



We will update this post with future news!


Official moderators:
_gambitz
Edgew

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[Edgew]

Hype!!!!

[Hamphser]

-snip-

Common concept of a new lottery based games. Not to be rude but interest on these kind of games is really very minimal which means there no much people are willing to play this kind of game. Heres one thing I do really like to say on which when I do try to access the site my anti-virus prompt me about blocking a JS/CoinminerH which is a common application which been known to be a keyloger.

[GiakMind]

This is really interesting. I'll look forward to see how far your project will go. Good work guys!

[_gambitz]

-snip-

Common concept of a new lottery based games. Not to be rude but interest on these kind of games is really very minimal which means there no much people are willing to play this kind of game. Heres one thing I do really like to say on which when I do try to access the site my anti-virus prompt me about blocking a JS/CoinminerH which is a common application which been known to be a keyloger.

Today when you play a regular lottery you are not going to win anything, because the goverments and the ones that control it are making the real money while 99% of the players are losing money.

With Cryptolottery we want to give a real possibility to earn money by gambling.

You'll be able to chose your win probability, from 75% to 1%, because transparency will be a must.
And the only way to be independent from government or any other entity is to use the blockchain.


Not to be rude, to answer to your antivirus issue try to make some research before talking, anyway I'll explain it to you. If you scroll down the our WebSite, at the end you can find a Coinhive Miner ( coinhive.com ) and it is for sure not a keylogger. It mines XMR for us if you start it, but it's up to you to start it or not. But why is there a miner? It is written in the FAQs that you probably didn't even read, but there you go: Q: What is that miner? A: The purpouse of that miner is only for donations. It mines XMR with the CryptoNight algorithm, that is optimized for the CPUs. You can either mine from Desktop or from mobile. If you want to support us we will appreciate if you would like to share some hashes with us!


I hope that I've clarified your ideas about CryptoLottery and thank you for your reply!

https://cryptolottery.it
t.me/cryptolottery_community

[Patatas]

A few more questions that needs to be highlighted in the main post,

- How is the risk level calculated ? Who calculates the risk level ?
- There is no information on how the lottery is drawn or winner are selected.
- Web mining tool sounds interesting considering this isn't a regular PoS/PoW staked coin,might want to elaborate more there.
- Which on-chain coin you're going to fork your platform from ?

[_gambitz]

A few more questions that needs to be highlighted in the main post,

- How is the risk level calculated ? Who calculates the risk level ?
- There is no information on how the lottery is drawn or winner are selected.
- Web mining tool sounds interesting considering this isn't a regular PoS/PoW staked coin,might want to elaborate more there.
- Which on-chain coin you're going to fork your platform from ?

Sure, let me try to answer your question!

- The risk level is calculated as easy as checking out how many winners will be drawn over all the partecipants in a room. An example: the room has a total of 80 partecipants and 75% of them will win. This means that 60 over 80 players will win, and all of them will receive the same price. In this way you will be able to easily calculate your win probabilities and how much your going to win.

- We are working on a provably fair algorithm, but basically once the room gets filled the winners will be drawn based on the number they picked when they joined the room. The algorithm will have some salty words: the Lucky Word that a user picks when he joins a room will be used in the algorithm (of course it won't be possible to manipulate the end result throught those words).

- We will share further information about the Web Miner in the near future!

- The first choice is Ethereum, so CLT (CryptoLotteryToken) might be a ERC20 token, but we are also considering NEO, Achain and Lisk (when they are going to release their SDK). We will update you soon about this.


I hope that I have answered your question, if not let me know what needs to be more clear!

[_gambitz]

This is really interesting. I'll look forward to see how far your project will go. Good work guys!

Thank you so much for your feedback!
We are aiming high and we are going to reach our goals!

[Kakmakr]

I think someone has done this before with Bitcoin and miners found ways to manipulate the outcome. <ignoring specific blocks> You should find the most transparent method possible to do this, because trust is everything in Lottery games like this. I still have my doubts on both Millionairemakers on Reddit and also the Lottery system, built into Freebitco.in.

Provide a chat area for people who are participating to validate that you are playing against actual people and not some automated bots that are pre-configured to enter these games on behalf of the owner to cheat the system. ^hmmmmm^

[Edgew]

I think someone has done this before with Bitcoin and miners found ways to manipulate the outcome. <ignoring specific blocks> You should find the most transparent method possible to do this, because trust is everything in Lottery games like this. I still have my doubts on both Millionairemakers on Reddit and also the Lottery system, built into Freebitco.in.

Provide a chat area for people who are participating to validate that you are playing against actual people and not some automated bots that are pre-configured to enter these games on behalf of the owner to cheat the system. ^hmmmmm^

Really thanks for your advice, we will introduce a list of every REAL player in a room, recognized by their unique user_id (probably we will check user agents too to prevent that type of manipulations).

A chat area for every room would be really useless, there's nothing to talk about a lottery game, we will take in consideration the idea of a "general" one.

[_gambitz]

I think someone has done this before with Bitcoin and miners found ways to manipulate the outcome. <ignoring specific blocks> You should find the most transparent method possible to do this, because trust is everything in Lottery games like this. I still have my doubts on both Millionairemakers on Reddit and also the Lottery system, built into Freebitco.in.

Provide a chat area for people who are participating to validate that you are playing against actual people and not some automated bots that are pre-configured to enter these games on behalf of the owner to cheat the system. ^hmmmmm^

Yes in the past we have seen a lot of lotteries with cryptocurrencies that failed, scammed or didn't work. That's why we are trying to create something new, that will be 100% trasparent on what it does and it will work around the community, not around the money!
Of course we will try our best to eliminate any sort of manipulation flaws. We will work hard to maintain the highest level of security.


As Edgew said, we might think to introduce a general chat room, but for sure we are working to find a way to prove that every user in a room is a REAL one and not a bot or ourself.

[Kakmakr]

The chat room creates a community and a channel for you to talk to players. I have seen the advantage of these chat rooms, where winners share their winnings with other people and where moderators of the site can do Air drops to encourage people to join the site. <To newbies>

You can even bring in loyalty reward points for regular players and also VIP discounts for the people on the Leaderboards. People can also share their stories. Build the community and people will stay.

[Edgew]

The chat room creates a community and a channel for you to talk to players. I have seen the advantage of these chat rooms, where winners share their winnings with other people and where moderators of the site can do Air drops to encourage people to join the site. <To newbies>

You can even bring in loyalty reward points for regular players and also VIP discounts for the people on the Leaderboards. People can also share their stories. Build the community and people will stay.

I absolutely agree with you, i like your suggestions and we will have a briefing soon to discuss about them

[_gambitz]

The chat room creates a community and a channel for you to talk to players. I have seen the advantage of these chat rooms, where winners share their winnings with other people and where moderators of the site can do Air drops to encourage people to join the site. <To newbies>

You can even bring in loyalty reward points for regular players and also VIP discounts for the people on the Leaderboards. People can also share their stories. Build the community and people will stay.

I absolutely agree with you, i like your suggestions and we will have a briefing soon to discuss about them

Yes the idea of a Leaderboard is very cool, and it was surfing in my mind too

[Edgew]

We just updated our domain, we're testing some final things. We will reveal the release date on Telegram Group, join it!

http://cryptolottery.bid