Welcome all crypto enthusiasts! Introducing a new project - Leprecoin Lottery!
Leprecoin - the first blockchain lottery with online broadcasting built on the principles of full transparency. Let's make the lottery great again !
we're ready for escrow
The concept
Draws are carried out using virtual lottery machine with automatic balls delivery function. Each lottery is broadcasting in online mode. All financial transaction are built on the blockchain. Full information about all draws is publicly available. To become a participant in the lottery, one doesn't need to register, since lottery participant is represented as the address of user's crypto wallet. Having bought a ticket, you get yourself a chance to take part in the draw. In one draw no more than 10 players take part, each player is assigned a ball number from 0 to 9 according to the order of his transaction, and the last two digits of the transaction hash (letters excluding) for further participation in the Jackpot. We get a guaranteed winner for every draw. The lottery fund is distributed as follows: 80% prize fund, 10% jackpot fund, 7% for platform maintenance, 3% organization.
Lottery machine
Spherical lottery machine equipped with ball capture, delivery and recapture mechanisms.
All draws are broadcasted online
Streaming video of the draws in HD quality. Draws will be held every day at the fixed time.
Financial operations in Blockchain.
All financial transactions are performed in ETH, which allows you to track all of those in real time. Both ETH address and transaction hash can be used as a participant of the lottery. All the data about participants are uploaded in a special database, which is publicly available and contains the following information:
1. The participant's wallet address.
2. Number of the ball assigned.
3. Transaction hash number.
4. Combination of digits for the Jackpot.
5. The winner of the draw.
6. Link to the draw streaming.
Economic model
General lottery fund is distributed as follows:
80% Prize fund - paid to winners in the end of each draw.
10% Jackpot fund - all participants of the Leprecoin lottery get a guaranteed chance to take part in the Jackpot.
7% platform fund - the money going to marketing planning, charity draws every month, maintenance of the inner ETH transaction, commissioning, platform development, overhead, promotion.
3% developers fund - on keeping the positive spirit and sense of justice in our team's hearts.
Participating is easy
If you want to participate in the lottery, all you need is to make a transaction to the ETH address of the lottery which you want to take part in. After that, your transaction automatically gets to the block of participants in the current draw and the jackpot. In case if you win, the prize will be transferred right to your wallet.
Good chance of winning
In the Breakfast money game lottery 1 out of 10 chance to win makes 10%. In the Pocket money game 4 out of 10 chance to win makes 40%. For comparison, in traditional lottery 7 out of 49 chance to become a winner makes 1 to 85,900,854 or 0.0000011641%, exactly.
Leprecoin Lottery Rules
Transactions of participants are arranged in blocks of 10. This way each block forms a draw. Ball numbers are assigned to the participants by order of their transaction in the block.
The lottery is carried out every day at 3 pm. Applications for participation in the lottery are processed til noon of each day. If you've applied in the afternoon, you will become a participant in one of the draws next day. In case if the block which your transaction was got in hasn't fully formed (less than 10 players in a draw) before the accounting period (before noon), you will be automatically transferred to the first draw next day. Results for all draws will be posted in the Google table. Payouts to winners are made within 24 hours after the draw is finished.
Leprecoin Lottery Games
Breakfast money game - the bet is 0.05 ETH. There are 10 players in this game, a ball number from 0 to 9 is assigned to each player by order of the transaction in the block. The lottery machine randomly captures 1 out of 10 balls, thereby declaring a winner of the draw. Therefore, each draw has a winner, the winning chance makes 10% and the winning amount exceeds the bet in 8 times. Participation in this game entitles you to participate in the Breakfast Jackpot draw at the end of the month.
Pocket money game - the bet is 0.1 ETH. There are 10 players in this game, a ball number from 0 to 9 is assigned to each player by order of the transaction in the block. The lottery machine randomly captures 4 out of 10 balls, thereby declaring four winners of the draw. Therefore, each draw has 4 winners, the winning chance makes 40% and the winning amount exceeds the bet in 2 times. Participation in this game entitles you to participate in the Pocket Jackpot draw at the end of the month.
Big money game - the bet is 0.5 ETH. There are 10 players in this game, a ball number from 0 to 9 is assigned to each player by order of the transaction in the block. The lottery machine randomly captures 4 out of 10 balls, thereby declaring a winner of the draw. Therefore, each draw has a winner, the winning chance makes 40% and the winning amount exceeds the bet in 2 times. Participation in this game entitles you to participate in the Big Jackpot draw at the end of the month. COMING SOON...
Crazy money game - the bet is 1 ETH. There are 10 players in this game, a ball number from 0 to 9 is assigned to each player by order of the transaction in the block. The lottery machine randomly captures 1 out of 10 balls, thereby declaring a winner of the draw. Therefore, each draw has a winner, the winning chance makes 10% and the winning amount exceeds the bet in 8 times. Participation in this game entitles you to participate in the Crazy Jackpot draw at the end of the month. COMING SOON...
Jackpot
The Jackpot fund is formed by 10% commission from each draw. The jackpot is draw every month on the 28th at 5 pm UTC+3. Jackpot is formed separately for each game. All Leprecoin Lottery players automatically become participants of the Jackpot, using the previously assigned combination of numbers from the transaction hash.
(Note) For each game a combination of two digits is assigned to each user to participate in the Jackpot, so the more you play, the higher is your chance to win the Jackpot. Jackpot draw is performed once a month. During the draw, the lottery machine captures 1 ball out of 10, the result is fixed, after that the ball is put back into the machine, then balls are mixed, and the machine recaptures another ball out of 10. The final combination consists of these two digits, forming a two-digit number. This procedure of recapturing is conducted in order not to exclude from the possible results combinations of the same digit (11,22,33 and so on). In order to win, one of the combinations of the transaction hash previously assigned to you has to coincide with the lottery winning combination. If the jackpot fund is not drawn, all the combinations previously assigned will participate in the next Jackpot draw. The money is transferred to the next Jackpot fund. If the jackpot is played, all the combinations previously assigned are revoked, and the fund shall be formed once again. In case if there will be more than one winner, the prize shall be shared between them equally.
Good luck.
P.S We welcome any feedback and suggestions. Kind Regards, Leprecoin team.
