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Author Topic: Spreading the joy of winning, one jackpot prize at a time! What is MITOSHI  (Read 5021 times)
jumiapaul
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July 02, 2019, 11:28:31 AM
 #281

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. I’ll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess that’s why the government find it hard to accept it. It’s good but has to be regulated.

There's a wide opinion that cryptocurrency in general is a dangerous and risky venture, I believe that explains why the government is Striving to restrict citizens from participating in the cryptocurrency space. Mitoshi happens to be a cryptocurrency project, coupled with the lottery business it promotes, it would certainly find it difficult to operate on several countries.
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Mrcharles
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July 02, 2019, 11:49:32 AM
 #282

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.
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July 02, 2019, 12:06:08 PM
 #283

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

This is good way of keeping tokens into circulation. People need to buy token so that they can buy lottery tickets. BTW, are these tokens eligible for dividend as well (if any announced by Mitoshi project)?
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July 02, 2019, 12:57:13 PM
 #284

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

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July 02, 2019, 01:24:09 PM
 #285

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.
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July 02, 2019, 02:18:46 PM
 #286

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

I think they should allow playing lottery using fiat currencies as well so that people who don't use crypto can participate. This will help to get more revenue?

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July 02, 2019, 02:30:13 PM
 #287

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

I think they should allow playing lottery using fiat currencies as well so that people who don't use crypto can participate. This will help to get more revenue?

Funding of your wallet via fiat will definitely be allowed even if the team don't like the idea. Fiat will help them get access to a lot of people even those who are not on the cryptospace. They should also allow multiple currencies too.
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July 02, 2019, 02:54:47 PM
 #288

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.

mitoshi seems like a great project but i really don't judge a project by the rating it gets from rating platforms most of the time you can't be sure if they are really legit or even trust-worthy

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July 02, 2019, 03:02:17 PM
 #289

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

I think they should allow playing lottery using fiat currencies as well so that people who don't use crypto can participate. This will help to get more revenue?

Yeah. It Think that’s a good idea. I know some friend in a country, restricted in participating in your IEO, fiat option would be awesome. Not everyone would want to use a cryptocurrency.

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Pricebrianer
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July 02, 2019, 03:31:43 PM
 #290

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.

mitoshi seems like a great project but i really don't judge a project by the rating it gets from rating platforms most of the time you can't be sure if they are really legit or even trust-worthy

That’s right. I think every project would need to use every promotion they could get. ICO review platform has always been one of em, and a low rating isn’t good business for these projects.

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AngelJoshua
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July 02, 2019, 03:33:15 PM
 #291

http://
I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. I’ll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess that’s why the government find it hard to accept it. It’s good but has to be regulated.

That's really a big trouble it might also cause a problem on the project. I mean it's possible that they will think that the project didn't know how to respect their rules on that religion because they are allowing them even the project owner didn't know about it.

Religion is in itself personal decision even countries place ban on gambling and lottery some of their citizens still engage in such activities, mitoshi don't have to worry about those countries because they would not make it official in those countries

That's good if they will not going to take a bad feedback from it. Anyway I guess it will be good if they will going to check too which country are allowing gambling like on mitoshi so it will going to prevent some future problems too to those country who don't allowed it.

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nwosuchristabe2
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July 02, 2019, 06:38:47 PM
 #292

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

I think they should allow playing lottery using fiat currencies as well so that people who don't use crypto can participate. This will help to get more revenue?

Using fiat currency would have been a very good concept, but the conditions attached would make the project restricted to few locations or countries. The thing with fiat currency is that their acceptance is within a boundary and outside that boundary its no different from trash or plain paper.
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July 02, 2019, 06:49:39 PM
 #293

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.

I'll suggest that the project utilise the MTSH tokens solely in the mitoshi lottery platform. This would help to boost the value of the tokens as the lottery is the major or only real use of the tokens. As stipulated in the project whitepaper, ethereum and Bitcoin could be exchanged for the MTSH which would be used for the lottery. Hopefully, they can include other cryptocurrencies like litecoin and Bitcoin cash to increase flexibility.

This is good way of keeping tokens into circulation. People need to buy token so that they can buy lottery tickets. BTW, are these tokens eligible for dividend as well (if any announced by Mitoshi project)?

I didn't read anywhere that MSTH holders are entitled to periodic dividend, but it's possible that the team would decide to give dividend to holders of the tokens. This has a proven potential to lead to a stable or increase in the value of the tokens.
Mrcharles
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July 02, 2019, 07:10:00 PM
 #294

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.

mitoshi seems like a great project but i really don't judge a project by the rating it gets from rating platforms most of the time you can't be sure if they are really legit or even trust-worthy

It's an obvious fact that the ratings of major platforms are not dependable. It's best never to depend on the ratings of one platform. You can check several platforms to see their opinion, before making personal findings about the project to make your investment decision.
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July 02, 2019, 08:47:40 PM
 #295

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

Rating from famous rating site would be advantageous for the project token sales. I will also search in those sites.
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July 02, 2019, 08:57:07 PM
 #296

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.

mitoshi seems like a great project but i really don't judge a project by the rating it gets from rating platforms most of the time you can't be sure if they are really legit or even trust-worthy

Maybe am getting old, but I’m used to reading about ICO rating platforms reviews on new projects IEO or ICO. It’s been worth the time. I agree with you, they aren’t very good as the used to be, but they do give a good review on every one of these projects.

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July 02, 2019, 09:12:19 PM
 #297

Good luck to the team of this project. You seem to have a lot of interest in your lottery project on bitcointalk , telegram and twitter. Do you have a good rating on any ICO/IEO rating website or platform?

They do have mentioned about the ratings at their site. There are multiple sites who given good rating to this project. Rating might improve further depending on the project work.

mitoshi seems like a great project but i really don't judge a project by the rating it gets from rating platforms most of the time you can't be sure if they are really legit or even trust-worthy

Maybe am getting old, but I’m used to reading about ICO rating platforms reviews on new projects IEO or ICO. It’s been worth the time. I agree with you, they aren’t very good as the used to be, but they do give a good review on every one of these projects.

I can't even remember the last time I read a project review on any review site. Most people just go on telegram, twitter and all the social media and vet the project well
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July 02, 2019, 09:26:31 PM
 #298

How was your first and second round of tokensales on Exmarkets Launchpad? And lucky with hitting your hardcap or softcap? Is it over and can I participate?

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July 02, 2019, 09:33:40 PM
 #299

I’ll like to win cryptocurrencies on your platform. It’s like a free cryptocurrencies give away, but just to lucky people. I’m lucky, so I will win. Do I need to sign up?

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AngelJoshua
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July 03, 2019, 01:05:44 AM
 #300

I’ll like to win cryptocurrencies on your platform. It’s like a free cryptocurrencies give away, but just to lucky people. I’m lucky, so I will win. Do I need to sign up?

I don't think you can call it like a free crypto give away because in order to play on their system you need to funds your account and buy their token that you can use on playing. If you're that lucky I guess you must not miss playing to their system.

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