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Author Topic: Lotto Nation - revolutionizing online lotteries with blockchain  (Read 640 times)
Lotto Nation
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March 16, 2020, 09:00:00 PM
Last edit: August 22, 2020, 04:34:32 AM by Lotto Nation
 #1







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Innovative features

Appealing directly to millennials through instant
games, daily draws, and social interactions with
players across the globe.

No scams or faulty operators. Blockchain technology
and smart contracts ensure unparalleled transparency
to win the trust of users.




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1st platform of its kind

Enabling companies, charities, and individuals to
launch their own lotteries with custom features
to meet their specific needs.


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About

Lotto Nation is a first-of-its-kind, decentralised lottery platform run on the blockchain and powered by A.I, that allows
companies, charities, and individuals to set-up their own lottery and connect with players through the most reputable
and acknowledged technology.

Our mission is to become the best fully licensed blockchain lottery in the world and we’re in the first step of bringing
our vision to life with the new generation of lottery built on the Ethereum blockchain.




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Smart
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Proven
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Reliable
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Lotteries run on smart contracts
based on the Ethereum blockchain,
enabling thousands of fast and
transparent transactions.

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Winners Group brings 20 years
of experience offering lottery
solutions to players around
the world.

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The platform is decentralized, making
it independent, anonymous, and
secure for players, charities and
lottery operators alike.

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Innovative
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Inclusive
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New varieties of lottery games, an
emphasis on the mobile experience,
and trustful ticket pooling make Lotto
Nation the most disruptive solution in
the modern lottery market.

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Everything is done on the blockchain,
so it’s borderless and accessible to
anybody with an internet connection
and brings a social aspect by allowing
people to play the lottery together.

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Setting up a new lottery is quick and easy, but its potential is
practically limitless thanks to unique features such as:

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Social Integration to Make Lotteries Viral

Bringing social connectivity helps lotteries draw in more participants while nurturing greater trust
and engagement than ever before. Changing how fundamentals of how people play the lottery.

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Instant Lotteries for Peak Engagement

Personalized lottery syndicates can have up to 10 daily draws from international lotteries and up
to 60 instant draws an hour, keeping players engaged and entertained non-stop.

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Insurance Model Enables Higher Jackpots

Our unique insurance model mitigates the risk of paying out large jackpots for businesses or
charities. This makes it safe for people to not only start their own lotteries but to set high
jackpots that can compete with existing lotteries.


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Tokenomics

Lotto Nation is a first-of-its-kind, decentralised lottery platform run on the blockchain and powered by A.I, that allows
companies, charities, and individuals to set-up their own lottery and connect with players through the most reputable
and acknowledged technology.

Our mission is to become the best fully licensed blockchain lottery in the world and we’re in the first step of bringing
our vision to life with the new generation of lottery built on the Ethereum blockchain.


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12345678910111213141516171819202122232425262728293031323334


Token distribution

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32%
Reserve Funds

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38%
IEO Token Sale

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8%
Advisors & Partners

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22%
Winners Group



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LNT

LNT is a cryptocurrency that can be used for real-time
payments and also as a protocol for connecting the
blockchain world.


1 LNT = 0.00000678987 BTC

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12345678910111213141516171819

17.06K
Marketcap
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22%
Volume

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Wallet download

LNT

White paper
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Lotto Nation
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March 17, 2020, 05:54:41 AM
Last edit: August 22, 2020, 04:35:25 AM by Lotto Nation
 #2

The first globally accessible lottery platform for the blockchain era

As the digital economy matures, blockchain is revolutionizing the way we do business and have fun. Lotto Nation is a first-of-its-kind, decentralised lottery platform run on the blockchain and powered by AI.

Lotto Nation allows any person or organisation to create and run their own lottery and invite friends, family or members to become part of a syndicate (a group of participants). Adoption of smart contracts and blockchain technology provides a solution for the most crucial problems in the online gambling industry, such as rigged results, low payouts, lack of transparency due to the lack of information, and, consequently, lack of trust.

Decentralised lottery platform allows companies, charities and individuals to connect with players through the most reputable and acknowledged technology!

Lotto Nation is the first globally accessible lottery platform for the blockchain era that unites companies, charities and individuals into a decentralized, transparent and fair ecosystem.

For more facts about Lotto Nation, please visit our website at https://www.lottonation.com



______________________________________________________________________________

What is Winners Group

Winners Group is a Nordic company providing an innovative next generation software solution designed to enhance the experience of participants and continue to be the meeting point between technology, fairness and entertainment. As one of the main players in the Nordic market, company has been going strong for over 20 years!

Winners Group is the only operational platform to integrate the latest blockchain technology alongside a proven and successful B2B and B2C solution for the lottery market.

Since 2017, our main focus has been on white label solutions and B2B customers, and now Winners Group provide a fully-integrated, customizable B2B online lottery platform.

Extended knowledge, experience and successful business model, combined in-depth industry knowledge are integral components of new brainchild - Lotto Nation.

Lotto Nation will be the world’s first hyper-connected lottery platform and will be changing the way lotteries are run today by creating a global blockchain-based platform that connects lottery players and lottery providers directly.

The team behind Lotto Nation has a strong track record of delivering game-changing solutions to the lotto industry!

Want to find out more about Winners Group? Visit our website at https://www.lottonation.com/ today!



______________________________________________________________________________

Today, lotteries are the most rapidly growing sector of online gambling

People like to risk a little to win big. The fantasy of becoming an overnight millionaire has turned the lottery business into the $300 billion industry that it is today.

Despite this phenomenal growth, lotteries around the world are plagued with problems. The lack of transparency results in rigged jackpots and largescale fraud scandals.

None of the existing solutions has succeeded in addressing the issues currently faced within the lottery industry worldwide.

Our mission is to reshape the lottery industry and in doing so – take it to the era of decentralization. Blockchain technology is the next logical step in the evolution of lotteries! Blockchain technology is opening the door for fairer, safer, and more transparent lottery platforms that could revolutionize the industry.

By changing the way lotteries are run and how participants interact – we will be able to create a global platform built on the blockchain that connects with the real needs of lottery players, lottery providers and charities.

Our mission is to become the best fully licensed blockchain lottery in the world and we’re in the first step of bringing our vision to life with the new generation of lottery built on the Ethereum blockchain!


______________________________________________________________________________

A platform that will create a paradigm shift in the online lottery industry

The Lotto Nation team is currently developing a platform that will create a paradigm shift in the online lottery industry and solve all issues.

The ultimate goal of Lotto Nation is to remove the risk inherent in the current system by making it decentralized, transparent and trustful for everyone involved.

After the IEO, Lotto Nation will fully implement and run a blockchain-based platform with its own set of protocols, where companies and charities can run their own lotteries with custom features to meet their specific needs and requirements.

Lotto Nation will be the leading worldwide decentralised lottery platform run on the blockchain, that allows companies, charities or individuals to connect with players through the most reputable and acknowledged technology.

We are disrupting the $300+ billion lottery market! We will create a global platform built on the blockchain that connects with the real needs of lottery players, lottery providers and charities.

Want to find out more about Lotto Nation? https://www.lottonation.com



______________________________________________________________________________

Traditional lotteries: what you need to know

The lottery industry is the most widespread form of gambling! Lottery business has steadily been increasing the share of the global gaming market since 2013, from $ 187 billion in 2004, up to $ 294.3 billion in 2016 with a projected market cap of US$ 379 billion, for a total growth of 25.5% and a CAGR 9.44% by 2021.

Despite this phenomenal growth, traditional lotteries are plagued by a host of issues and inefficiencies - the result, a lack of trust between players, developers and service providers.

The lack of transparency results in falsification and largescale fraud scandals. Needless to say, the odds of winning a lotto jackpot are not particularly good, and the limitations of the current government and private lotteries are turning away a great number of players as fairness is difficult to demonstrate even for genuine lotteries. There are many other problems with traditional and online lottery systems. For example, starting from game selection, the transparency of random number generation and payment process will greatly affect the player’s gaming experience.

Problems with trust, security, transparency, limited lottery options, unreliability, a lack of a social component and small jackpots are all contributing to the loss of players.

There is a pressing need for an overhaul of the whole online lottery industry! And we have a solution! Want to find out more about this?

Visit our website at https://www.lottonation.com today!



______________________________________________________________________________

How Lotto Nation works

We are creating a new type of a worldwide decentralised lottery platform run on the blockchain, that allows companies, charities or individuals to connect with players through the most reputable and acknowledged technology.

Lotto Nation will be an ecosystem consisting of its own blockchain-based platform with masternode functions, hybrid consensus algorithm, LNT tokens, smart contracts, participant wallets, affiliate program, third-party insurance audit and mobile applications.

We are developing a next-generation lottery environment that addresses the main weak points of online gambling. The fully automatized and decentralized solution will serve as the world’s first hyper-connected, smart contact-based lottery Ethereum platform. Thus, Lotto Nation is introducing blockchain technology into the online gaming industry together with a new level of transparency and availability of lotto playing from any part of the world.

The backbone of the Lotto Nation platform will be several features and services that provide ironclad assurance of security and reliability of the professional-grade platform.

Leveraging ubiquitous technologies, Lotto Nation enables the convergence of existing, but fragmented systems, and creates the basis for immersive online gaming!

Want to find out more about Lotto Nation? https://www.lottonation.com


______________________________________________________________________________

Key benefits of Lotto Nation

The Lotto Nation team is currently developing a platform that will create a paradigm shift in the online lottery industry. The Lotto Nation is to remove the risk inherent in the current system by making online lottery decentralized, transparent and trustful for everyone involved.

Lotto Nation is ideally positioned to become the first legally operating blockchain lottery platform worldwide with over 20 years of experience and a proven track record. Lotto Nation has a number of strategic advantages to become the leading worldwide lottery platform run on the blockchain and set a new standard of interaction for charities, businesses and players.

Our decentralised platform is:

SMART. Everything is based on smart contracts.

PROVEN. Winners Group is fully operational and our solutions are enjoyed by players around the world.

RELIABLE. Full decentralization of the platform makes it independent, autonomous, anonymous, secure and transparent.

INNOVATIVE. Lotto Nation offers a scalable, modern approach to the lottery market.

INCLUSIVE. Anyone with Internet access can participate in or start their own lottery.

Lotto Nation is an ecosystem at the interface of the most advanced technologies with multiple benefits!

Want to find out more about Lotto Nation? https://www.lottonation.com


______________________________________________________________________________

Development of online gambling in the world

The first online gambling platforms appeared in 1995. For more than a decade, they have steadily developed and attracted more and more players. Now online gambling is at the peak of its popularity, the market volume is more than 45 billion euros, and it will continue developing.

We present you a rating of the countries where online gambling is most developed.

Europe (€22, 074 billion)

Asia (€12.379 billion)

North America (€8.078 billion)

Australia (€2.651 million)

Latin America (€834 million)

Africa (€304 million)

The number of gambling sites and apps is currently in the tens of thousands. Also, hundreds of thousands of sites and other resources collect and redirect users to these casinos and bookmakers. Supply in many markets already exceeds demand and competition for players is as high as ever.


______________________________________________________________________________

How blockchain technology is revolutionizing lotteries

Blockchain technology has multiple real-life applications in the lottery industry that can solve existing issues and create value through improvement of the current framework and models. The innovative technology is changing the status quo of the online lottery industry by empowering enterprises to do things faster with greater trust, reduced frictions, and inefficiencies, and notably minimized operational costs and complexities.

Blockchain is a rapidly growing technology. With many experts predicting a huge rise in the blockchain market, expecting it to extend to over $20 billion by 2024, the promising technology is changing the landscape of online gambling.

How blockchain technology is revolutionizing lotteries?

Infallible. Blockchain technology eliminates the possibility of human intervention.

Reliable. The prizes and the means by which they are delivered to winners are guaranteed by smart contracts.

Transparent. The blockchain ledger stores all data about operations.

Democratic. Blockchain technology is beyond governmental control.

Fair. A decentralized RNG protocol that runs on a platform of blockchain nodes ensures a random winner selection.

Low-cost. With blockchain integration, most business processes can be automated, thereby reducing costs.

Social. Increases engagement between all participants by creating direct communication channels.


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March 17, 2020, 07:43:31 PM
Last edit: March 18, 2020, 08:41:54 AM by Lotto Nation
 #3

☝️ Unique insurance solutions

We are developing a next-generation lottery environment that addresses the main weak points of online gambling. One of the unique value propositions of Lotto Nation is our insurance model that makes it easier for businesses to run a lottery. We have developed a model that mitigates the risk for paying out the large jackpots!

Lotto Nation will offer insurance coverage of all jackpot payouts in partnership with reputable insurance providers such as Lloyd’s of London, Munich RE etc. This will ensure that the insurance coverage offered by Lotto Nation will pass on the commercial liability of each lottery to the insurance company.

Thus, allowing new operators to offer large jackpots with few existing clients and to compete with established lotteries.

Payouts will only occur in the event of a win. This enables us to offer the exact same product as buying a ticket (through an insured bet on the lottery) with potentially the same or cheaper price. The margins are among the highest in the entire gambling industry.

🔹 The insurance guarantee is based on a model built on trust and convenience:

1. Each sold lottery ticket is automatically and instantly insured via our registered insurance provider that covers all winnings. This eliminates the operational risk of large wins.

2. Following the draw, winnings are automatically transferred to the players’ accounts/wallet ensuring convenience and trust.

3. Players receive an automated response with a confirmation of the ticket purchases, which can be
verified on third-party website, operated by the insurer.

4. The transparency and set-up with the insurance company guaranteeing winnings is a key reason behind the historically low churn of 2-3% monthly.

Lotto Nation is ideally positioned to become the first legally operating blockchain lottery platform worldwide with over 20 years of experience and a proven track record.



______________________________________________________________________________

How will we use smart contracts?

A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network.

Powered by Ethereum blockchain smart contracts, all the processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Lotto Nation will ensure complete transparency for lottery players and operators by leveraging decentralized technologies. We will eliminate the risk of manipulation while maximising efficiency. Smart contracts render transactions traceable, transparent, and irreversible.

Across the Lotto Nation platform, there are several processes and actions that we will utilise smart contracts.

🔹 Syndicate smart contracts

A smart contract will be created every time a new syndicate is set up on the platform.  This will deliver the most transparent lottery syndicate (on and off the blockchain) that currently exists on the market today.

🔹 Insurance smart contracts

Smart contracts are the answer to simplifying and streamlining insurance processes by automatically triggering payment for a claim when certain conditions are met.

🔹 Client operations smart contracts

We will create a specific smart contract for clients of the platform to deliver them greater transparency in their operations on the platform.
The smart contracts and blockchain technology provides a solution for the most crucial problems in the online gambling industry, such as rigged results, low payouts, lack of transparency due to the lack of information, and, consequently, lack of trust.

Our goal is to create a blockchain-based lottery platform that is accessible and affordable to experienced and novice players who wants to access a host of value-adding features, such as frequent draws, high jackpots, instant wins, a secure insurance model, direct communication channels, powerful analytics and a social aspect of playing.

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March 18, 2020, 06:13:23 PM
 #4

Where can I learn your open source? I want to understand the safety and integrity of your project
Yes, we have a decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the
unpredictability manner but also requires public randomness which cannot be manipulated or in control of any
organization.
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March 18, 2020, 08:00:33 PM
Last edit: March 19, 2020, 10:22:42 AM by Lotto Nation
 #5

Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?
Hello! Not yet, but we will be on CMC after our IEO.

Where can I learn your open source? I want to understand the safety and integrity of your project
You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.

Do you use artificial intelligence in your project? I think an honest casino will be very popular
Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/

Where can I read more about Club Lotto Nation? All club members must confirm KYC?
All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.

What charities have already shown interest in partnering with you?
You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf

What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business
No minimum

Have you already started developing your wallet? Will you create a wallet for mobile devices?
Please follow our news - we will publish all info in our social networks

Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?
Yep, we have this in our plans. Please follow our news

In case of disputes, through a smart contract will it be possible to attract a third-party moderator?
Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.

Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service
Thank you!
______________________________________________________________________________

FAQ: frequently asked questions about the project

We begin to answer the most frequently asked questions about our project. So here are a few  of those questions.

How do Lotto Nation's smart contracts work?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.

How will the WNT token be used?

WNT is the native utility token of the Lotto Nation platform. This means that it will be used for all transactions within the platform, and thus its utility will increase as the value circulating within the Lotto Nation platform increases.

How do I get a compatible ERC-20 token wallet?

There are numerous ERC-20 compatible wallets that you can use. Some popular wallets include Metamask, Exodus, and Ledger, but there are many others. We advise that you research all of the various options and choose one that has a good, trusted reputation.


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March 19, 2020, 01:23:41 PM
 #6



Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?

Hello! Not yet, but we will be on CMC after our IEO.


Where can I learn your open source? I want to understand the safety and integrity of your project

You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.


Do you use artificial intelligence in your project? I think an honest casino will be very popular

Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/


Where can I read more about Club Lotto Nation? All club members must confirm KYC?

All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.


What charities have already shown interest in partnering with you?

You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf


What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business

No minimum


Have you already started developing your wallet? Will you create a wallet for mobile devices?

Please follow our news - we will publish all info in our social networks


Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?

Yep, we have this in our plans. Please follow our news


In case of disputes, through a smart contract will it be possible to attract a third-party moderator?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.


Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service

Thank you!


Does artificial intelligence replace the dealer in your project to avoid fraud? Does AI analyze player actions?

We are using A.I. In our project because A.I. will standardize processes and workflow across such areas as data ingestion, model training, deployment, monitoring, life cycle management and retraining.

Blockchain always provides huge benefits for projects that need community trust. Lotto Nation has great potential through the use of high technology
of course. thanks for the feedback!

How Blockchain Technology is Revolutionizing Lotteries:

Infallible. Thanks to its autonomous decentralized nature, blockchain technology eliminates the possibility of human intervention.

Reliable. The prizes and the means by which they are delivered to winners are guaranteed by smart contracts.

Transparent. The immutable nature of the blockchain ledger means stores all data on ticket sales, income, costs and other performance indicators.

Democratic. Blockchain technology is beyond governmental control. At the same time, it facilitates compliance with regulation as well as local cultural practices in the region of the lottery’s operation.

Fair. A decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the unpredictability manner but also requires public randomness which cannot be manipulated or in control of any organization.

Low-cost. With blockchain integration, most business processes can be automated, thereby reducing costs. In this way, the prize pool can be expanded, and a greater percentage of total revenue can be directed towards charitable causes.

Social. Lowering the barriers to entry and participation in lotteries through pools or ‘syndicates’ where players fractionally-own a ticket or tickets, thus increasing their chances of winning.

Did you give out only 38% of tokens for sale during IEO? Where will the other tokens be directed?
Token distribution:

32% Reserve Funds

38% IEO Token Sale

8% Advisors & Partners

22% Winners Group

More info - https://www.lottonation.com/tokenomics
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March 19, 2020, 05:40:02 PM
 #7

Is your source code uploaded to GitHub? I would like to check its quality and safety for users
GitHub will be loaded soon

I click on the "How to Invest" button and nothing happens

https://www.lottonation.com/tokenomics/#
The site is undergoing technical work. We apologize for any inconvenience caused.
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March 20, 2020, 10:27:53 AM
 #8

Protocol and platform

We are creating a new type of a worldwide decentralised lottery! Lotto Nation will be an ecosystem consisting of its own blockchain-based platform with masternode functions, hybrid consensus algorithm, WNT tokens, smart contracts, participant wallets, affiliate program, third-party insurance audit and mobile applications.

🔘 Details

The core of the Lotto Nation platform is the tech stack used to govern the interaction of players, smart contract, website, and blockchain nodes.

We are developing a next-generation lottery environment!  The online betting technology protocol leverages the transparency, security, and efficiency of the blockchain to power a unique ecosystem which connects companies, charities and players in real time. The protocol has been built to effortlessly support a near limitless number of trustful, transparent, decentralized lottery operations.

Our fully functional platform is a modern microservices stack, using Kubernetes for optimized performance and speed with real-time insights for clients to respond to players.

The dashboard allows participants to see sales statistics, manage players, run lotteries, give bonuses, generate reports, handle payments and much more. Thus, Lotto Nation is introducing new technology into the online gaming industry together with a new level of transparency and availability of lotto playing from any part of the world.

The new approach to the arrangement and staging of lottery games positions Lotto Nation as a unique, legally operating decentralised lottery platform!

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March 20, 2020, 10:40:27 AM
 #9





Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?

Hello! Not yet, but we will be on CMC after our IEO.


Where can I learn your open source? I want to understand the safety and integrity of your project

You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.


Do you use artificial intelligence in your project? I think an honest casino will be very popular

Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/


Where can I read more about Club Lotto Nation? All club members must confirm KYC?

All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.


What charities have already shown interest in partnering with you?

You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf


What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business

No minimum


Have you already started developing your wallet? Will you create a wallet for mobile devices?

Please follow our news - we will publish all info in our social networks


Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?

Yep, we have this in our plans. Please follow our news


In case of disputes, through a smart contract will it be possible to attract a third-party moderator?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.


Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service

Thank you!


Does artificial intelligence replace the dealer in your project to avoid fraud? Does AI analyze player actions?


We are using A.I. In our project because A.I. will standardize processes and workflow across such areas as data ingestion, model training, deployment, monitoring, life cycle management and retraining.


Blockchain always provides huge benefits for projects that need community trust. Lotto Nation has great potential through the use of high technology

of course. thanks for the feedback!

How Blockchain Technology is Revolutionizing Lotteries:

Infallible. Thanks to its autonomous decentralized nature, blockchain technology eliminates the possibility of human intervention.

Reliable. The prizes and the means by which they are delivered to winners are guaranteed by smart contracts.

Transparent. The immutable nature of the blockchain ledger means stores all data on ticket sales, income, costs and other performance indicators.

Democratic. Blockchain technology is beyond governmental control. At the same time, it facilitates compliance with regulation as well as local cultural practices in the region of the lottery’s operation.

Fair. A decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the unpredictability manner but also requires public randomness which cannot be manipulated or in control of any organization.

Low-cost. With blockchain integration, most business processes can be automated, thereby reducing costs. In this way, the prize pool can be expanded, and a greater percentage of total revenue can be directed towards charitable causes.

Social. Lowering the barriers to entry and participation in lotteries through pools or ‘syndicates’ where players fractionally-own a ticket or tickets, thus increasing their chances of winning.


Did you give out only 38% of tokens for sale during IEO? Where will the other tokens be directed?

Token distribution:

32% Reserve Funds

38% IEO Token Sale

8% Advisors & Partners

22% Winners Group

More info - https://www.lottonation.com/tokenomics


8% is allocated to partners and consultants. Do not you think that this percentage of tokens is too large and they can greatly affect the price of the token in the future?
We are confident in the professionalism of our team and in all decisions made.



Is your source code uploaded to GitHub? I would like to check its quality and safety for users

GitHub will be loaded soon


I click on the "How to Invest" button and nothing happens

https://www.lottonation.com/tokenomics/#

The site is undergoing technical work. We apologize for any inconvenience caused.


Will you start selling tokens on your website? (ICO), but continue to sell on the stock exchange (IEO)?
Did I understand correctly?
The IEO will be conducted in two stages: a private pre-IEO sale, and a public IEO sale.
The private pre-sale will begin on the 1st of March, 2020 and will have a duration of 2 months, finishing on 15th
April , 2020. During pre-sale, interested buyers will digitally sign a token pre-purchase agreement, where Winners
Group commits itself to deliver a specified number of WNT tokens in the buyer’s digital wallet at the end of day 1
of the IEO public sale.
More info in WP https://www.lottonation.com

What is the minimum amount you need to raise so that you can implement this idea and create a Lotto Nation project?
Soft-cap $ 1 500 000,00
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March 20, 2020, 06:13:30 PM
 #10

Which famous crypto enthusiast supports your project from the very beginning? Do you have business angels?
We will tell about each member of our team, about those who support us in the following posts

What problems are there in the gambling industry and in online casinos that you eliminate using the blockchain?
we talk about this in detail in our WP https://www.lottonation.com

Does your team have artificial intelligence specialists who have successful experience in implementing AI in various business areas?
of course. as we wrote earlier - soon we will talk about our team in our posts

That is, KYC is optional for all users of your service? How to protect your money from hacking?
KYC will be mandatory

Have you already applied for a license? In which country will you receive this document? Residents of all countries can use your services?
Copenhagen, Denmark. Everyone can participate.

What charities have already shown interest in partnering with you?
We are in contact with several larger charities who are interested in using our platform to raise funds but we can't disclose any names until it's official.
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March 21, 2020, 10:14:55 AM
 #11

Random Number Generation (RNG)

Since the advent of the large-scale lottery, many techniques have been invented to determine the winner in the most fair way possible. Today it is done through a Random Number Generation. The RNG is not effective way to ensure fair winner selections, it’s implemented by centralised organisations and has proven itself open to manipulation and tampering.

For example, In 2010, an employee of the US MultiState Lottery Association managed to install software that manipulated the random number generator. The wrongdoer managed to win a $14.3 million jackpot.

The smart contracts and blockchain technology provides a solution for the most crucial problems in the online gambling industry, such as rigged results!

By carrying out RNG protocols on a distributed ledger, the entire process can be made transparent and visible to all network participants. With integration of blockchain technology, inherent transparency can absolutely eliminate manipulation and create greater trust in lotteries.

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March 23, 2020, 09:17:54 AM
 #12

The video about Lotto Nation project!

If you haven't watched our video yet, it's time to do it!
We are sure that in a few minutes of video you will learn more about Lotto Nation and why it is worth investing in our project!

https://vimeo.com/394418977

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March 23, 2020, 09:25:42 AM
 #13

Is RNG directly connected to a smart contract for distributing winnings?

Does everything happen automatically?
We talked about the principle of operation of the RNG in WP https://www.lottonation.com

Is KYC required for all players?

I think this is too long a process and no one will confirm KYC due to playing the lottery
Yes. Now this is a common condition for most crypto projects.

What is the guarantee that you will not fake the results of the lottery and everyone will get their winnings?
We tell about the principle of the platform’s operation and determination of winnings in our WP https://www.lottonation.com

What are the main disadvantages in your project? When scaling, your service can withstand a large number of users?
Of course. The increase in the number of users will not affect the quality of the platform
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March 23, 2020, 01:40:40 PM
 #14

If the casino starts using Lotto Nation, will the casino profit decrease?
Not. The project will, on the contrary, help to increase confidence on the part of players, since the project uses blockchain technology. Blockchain allows you to make the game fair

In which country is your company and your core team based? Is quarantine in your country?
Copenhagen, Denmark

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March 25, 2020, 06:37:03 AM
 #15

Do you plan to hold conferences at Zoom?
I have a lot of questions for your team
perhaps. have questions - ask



Is KYC required for all players?

I think this is too long a process and no one will confirm KYC due to playing the lottery


KYC is security. Therefore, all users must confirm their personal data in order to secure their funds


That is, Lotto Nation will not provide anonymous participation in games?

I would like you to provide this opportunity to your users
KYC is security. Therefore, without its passage, participation is impossible


I think many online casinos will use Lotto Nation. The profit of such sites will grow, as the number of users will increase


What will increase the number of new visitors? Does Lotto Nation provide advertising features?
First of all, this is the promotion of the project. The more people will know about the project, the more visitors will be. If you are talking about third-party advertising, this will be known after the launch of the platform.

Hello Lotto Nation Team! Do you have a referral program? I have my own channel on YouTube and I want to advertise your project
not yet. If we launch a referral program, we will tell about it in our social networks



If the casino starts using Lotto Nation, will the casino profit decrease?

Not. The project will, on the contrary, help to increase confidence on the part of players, since the project uses blockchain technology. Blockchain allows you to make the game fair


In which country is your company and your core team based? Is quarantine in your country?

Copenhagen, Denmark




That is, the casino profit will grow due to an increase in the number of new customers?
this is one way
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March 25, 2020, 07:09:15 PM
 #16

I heard that John McAfee loves to play casino. Did you negotiate with him about cooperation?
in our next posts we will talk about those people and companies that support us

Are you planning a bounty or airdrop? To attract as much attention as possible to your project
perhaps. we will announce the launch of these programs in our social networks


Do you plan to hold conferences at Zoom?
I have a lot of questions for your team


That would be very helpful. Moreover, now most of your potential customers are at home (in quarantine)
thanks for the feedback! we value your opinion and take into account



Your casinos will not work real people? (dealers). Will they be replaced by a robot using artificial intelligence?


Yes. Using AI and random number protocol completely eliminates the possibility of fraud in the casino


I have not seen a casino using AI. Do you use unique technologies?
of cource
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March 26, 2020, 06:39:23 AM
 #17

What do lotteries and the Great Wall have in common?

Have you ever wondered where and when the world witnessed the first ever lottery? Historians don’t have an unanimous answer to this question, but most of them agree that lotteries first appeared in China sometime 100 years B.C. The imperial Han dynasty was incumbent at the time, and is credited for running the first lottery. The immense proceeds from it paid for the Great Wall.

Until roughly the XV century lottery remained a game for the elites, and the proceeds from such games were used for construction projects and charity. After 1530 (marked by the first lottery to feature a money prize) lotteries exploded and have since enjoyed steady popularity across the globe.

In 2020 lotteries have a chance to become even more popular thanks to the LOTTO NATION project that vows to make them faster, more transparent and secure. Previously you could only participate in a national or a commercial lottery, but now you have the power to run your own lottery where you and your family, friends and colleagues will decide what prizes to compete for. We promise, it’s simple and as transparent as ever!

🔺 To learn more, please visit the project’s website https://www.lottonation.com

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March 26, 2020, 06:47:48 PM
 #18

Which of your team has experience setting AI in online services? This is a very long and complicated process
You're right. Therefore, we have a team working and not one person

Have you already designed your prototype? I wonder how it will look
When the team is ready to show it, we will inform about it in our social networks

Will the placement of new lotteries be moderated manually or does everything work automatically?
Of course automation will be a priority

Are you planning to develop your mobile application with a casino? I think that it will be easy for you to attract many users thanks to the blockchain and AI
Thank you for your interest in the project. Maybe we will launch our mobile application.


What do lotteries and the Great Wall have in common?

Have you ever wondered where and when the world witnessed the first ever lottery? Historians don’t have an unanimous answer to this question, but most of them agree that lotteries first appeared in China sometime 100 years B.C. The imperial Han dynasty was incumbent at the time, and is credited for running the first lottery. The immense proceeds from it paid for the Great Wall.

Until roughly the XV century lottery remained a game for the elites, and the proceeds from such games were used for construction projects and charity. After 1530 (marked by the first lottery to feature a money prize) lotteries exploded and have since enjoyed steady popularity across the globe.

In 2020 lotteries have a chance to become even more popular thanks to the LOTTO NATION project that vows to make them faster, more transparent and secure. Previously you could only participate in a national or a commercial lottery, but now you have the power to run your own lottery where you and your family, friends and colleagues will decide what prizes to compete for. We promise, it’s simple and as transparent as ever!

🔺 To learn more, please visit the project’s website https://www.lottonation.com




Do you think that it is blockchain and AI that can change people's opinion about casinos? Do you think that the trust and loyalty of users will grow?
Yes, we think so. And we understand that the growth of trust will depend on the implementation and work of our project

In what areas of business has the RNG protocol been applied? Did you audit the protocol? Can't it be hacked?
We conducted an audit and are confident in safety.
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March 27, 2020, 07:25:18 AM
 #19

Lotto Nation VS traditional lotteries

We talked a lot about how our project will transform the lottery landscape, but what exactly is changing? How does Lotto Nation differ from the traditional lotteries — let’s find out.



We’ve covered only a few points in this post. To learn more, please visit our website at https://www.lottonation.com/ and read our White Paper.

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March 27, 2020, 03:31:11 PM
 #20

During the drawing, will all bets (tokens) be in the smart contract? After receiving the numbers from the protocol, the distribution of remuneration will be automatic. Right?
Yes, the  winnings are automatically transferred to the player's  account or wallet ensuring convenience and trust

Have you already achieved some success in testing AI? I want to understand when the prototype will be launched
We will inform you about the launch of the prototype in our social networks.

Do you plan to introduce manual moderation or will the whole process be completely decentralized?
The process will be automated

What successful products has your Winners Group already launched? Have you already used AI in your casinos?
The casino of our format and with the opportunities that we offer will be one of a kind

Do you plan to place your token on a decentralized exchange?

Many DEX offer free listing
We are negotiating with some exchanges. After reaching an agreement, we will publish the news in our social networks.

 Cool
Why did you choose Ethereum?

In my opinion, TRON and Stellar have faster and cheaper transactions.
Reliability, use, convenience
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