TopicStarter: LOTEO –
[browser-shot url=”playloteo.com” width=”800″]
|Registrar domain||Gransy s.r.o d/b/a subreg.cz|
What is Loteo?
A Digital Automated Lottery Platform that used blockchain and smart contract to create a fully transparent,
where your chances are comparably higher compared to conventional lottery.
By being governed by a smart contract, rather than governments or private individual,
the drawing process becomes automated.
All transactions and prizes are viewable on the blockchain at all times.
You have a chance every time the lottery takes place,
as you are only betting against a certain number of participants.
Every game has a winner!
appropriate Ethereum address(es). The prize will be split in the way as the image above.
Token Structure & Usage
There are 2 tokens: The Loteo Security token (LOTES) and the Loteo Utility token (LOTEU).
LOTES is a security token which is meant to be sold only in private funding round (the STO). There will not be a public sale, for all investment requirements please fill the form on website. This token grants owners an opportunity to profit from being part of a lottery without being attendees in amount 20% of each prize total value. The LOTES are locked for 15 months and during this time it is not possible to buy or sell them anywhere else. After the first 15 months pass, there will be another funding round during which LOTEO will sell at least 30% of all tokens in compliance with legal and regulatory requirements. The price and all details will be revealed prior to this event. After selling these tokens, the token will be listed on exchanges that offer security tokens trading. After 15 months, 20% of all security tokens will be owned by the lottery while 80% will be decentralized, preventing the lottery from being manipulated. The token also has a governing function, meaning any significant change has to be achieved by consensus and any token holder can issue a suggestion or voting.
LOTEU is a utility token that will be used for marketing purposes. When you buy an additional entry into the lottery with 100 LOTEU, you double your chances of winning the lottery. It doesn�t raise the prize, but it doubles your ticket number in the pool. There will be more airdrops of this token through LOTEO�s marketing partners and there will be many more competitions that will reward LOTEU. The LOTEU tokens will be also distributed through bounty campaigns in accordance with LOTEO�s marketing plan.
- ← [ANN] [ICO] 🔥 Ethereum Classic Vision – Fork of Ethereum 💵 [PRESALE] 💵
- [BOUNTY] [ICO] [5 000 000 ETCV 💵] 🔥 Ethereum Classic Vision 🔥 – Fork of Ether →