Loteo, Decentralized Fully Automated Lottery Platform - Information About Fintech and More

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Kamis, 18 Juli 2019

Loteo, Decentralized Fully Automated Lottery Platform

Hello, I am Mairiri, here I will explain Loteo

Playing a lottery is the favorite of some people who still rely on luck. Although it seems unreasonable, in fact, the luck factor in this life really exists. Therefore, we must not deny this.

Because there are many people who like to play the lottery, lottery game providers are increasing. However, there are several lottery platforms that are dishonest and tend to win one party for personal and group benefits. Therefore, we need a lottery system that can guarantee fairness and honesty in this game.

Loteo is a fully automated lottery platform that uses blockchain and smart contracts as transparent and trusted lottery creators. Your chance to win will be greater than conventional lotteries because of the justice this platform has. There are several problems that ordinary lottery models have that Loteo can solve. You will get a more detailed explanation in the next section. But before that, consider how Loteo works.

How Does It Work?

Players enter a lottery by buying single tickets for Loteo weekly lottery using Ethereum cryptocurrency or through third-party merchants. Each Ethereum wallet address that has a purchase entry will be registered as a Loteo weekly lottery participant or player. On the next date, Loteo will add a daily lottery that has the same rules.

Loteo lottery will be executed through a smart contract that utilizes a random number generator (RNG). When the lottery winner is selected, the smart contract will send the prize directly to the Ethereum address.

Advantages


Here are the advantages of Loteo for users.

Chances to Win
The chance to win the game is far greater compared to other lotteries platforms because of the Loteo mechanism.

Winner of every drawing
Unlike other lotteries platforms that win winners every year, Loteo does every drawing as often as possible.

Biggest slice for the winner
Did you know that there is 75% biggest slice for the winner on this platform? There is no other platform that has a percentage of 75%.

Trust
Drawing processes become automated and trustworthy because they use smart contracts and do not use government services or private individuals.

Transparency
Thank you for blockchain technology and cryptocurrencies that have enabled you to play the lottery with 100% transparency. All transactions here can be witnessed at all times. So, there are no gaps for fraud on this platform. Compare this with other lotteries platforms where you cannot find the number of attendees and the prize amount. Even if you are cheated, you won't know it. This is only known by the central authority.

Broad payment methods
Although Loteo is a blockchain-based lottery platform, in fact, Loteo is very good to all circles. If you are not a cryptocurrencies user and don't know about it at all, take it easy. Loteo will provide an integrated credit card payment feature as easy as mobile message payments.

Speed
Come back to thank for blockchain and cryptocurrencies used by Loteo, so this platform works very quickly compared to traditional lotteries.

Chance

Here is the comparison of Loteo and other platforms:

Roadmap

The following is the Loteo roadmap:

For More Information About This ICO :

Website: https://www.playloteo.com/
Whitepaper: https://www.playloteo.com/documents/loteo-wp-en.pdf
Facebook: https://www.facebook.com/loteomission/
Twitter: https://twitter.com/loteomission
Telegram: https://t.me/loteomission

Author: Mairiri
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1011815

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