Rewards tokens (FLOT) Will be conducted in April 30

FireLotto
3 min readApr 27, 2018

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FLOT tokens (Fire Lotto) rewards

P.S.1 st commission 13.7565 ETH paid to 3481 wallets for 16612991 FLOT

FLOT Commission calendar for 2018–2019 years is:
7th of July 2018 12:00 UTC
7th of September 2018 12:00 UTC
7th of November 2018 12:00 UTC

7th of January 2019 12:00 UTC
7th of March 2019 12:00 UTC
7th of May 2019 12:00 UTC
7th of July 2019 12:00 UTC
7th of September 2019 12:00 UTC
7th of November 2019 12:00 UTC

Greetings everyone! We have a wonderful announcement that the payment of rewards of FireLotto (FLOT) token will now happen on April 30.

It’s the first ever reward payment to all FLOT token holders. The reward will be paid in 10% of all ticket sales on FireLotto blockchain lottery. Previously, we had decided to hold it for 4 weeks after the ICO. However, due to major breakthroughs in our lottery development, it will now be enabled earlier.

Thus, after the 1st reward payment to all FLOT token holders, you will now be able to earn rewards from your FLOT token and participate in receiving revenue from FireLotto lottery.

NOTE: FLOT IS FIXED SUPPLY AT 100M. All FLOT TOKEN HOLDERS ONLY GET 10% FROM THE LOTTERY REVENUE. THERE IS NO INFLATION MODEL. EVERY TIME FLOT IS REWARDED, MORE VALUE IS BEING ADDED INTO THE SYSTEM THROUGH INCREASED LOTTERY PARTICIPATION AMONG PLAYERS.

The 2nd and following reward payments will be conducted in the 7th date of each OTHER month starting from July 7th.

In order to receive reward, your FLOT tokens must be in your personal wallet (not in exchange wallet) at the time when reward is calculated (7th day of each OTHER month starting from July 7th).

We need this in order to get your wallet information in Ethereum in order to pay you the rewards from FireLotto lottery.

You can move to any other wallets, sell and buy FLOT token in other time.

Typically, it takes from several minutes to several days to receive commission depending on Ethereum network performance.

THE TOKEN ADDRESS: 0x049399a6b048d52971f7d122ae21a1532722285f

THE TOKEN NAME: FLOT

DECIMALS: 18

Example for the April 30 reward payment:

You need to have your FLOT token from 11:00 till 13:00 UTC. We will start sending rewards after 12:00 UTC.

How we calculate reward payments:

Our system will check data about FLOT tokens in Ethereum wallets at 12:00 UTC on the day of reward payment. The amount of payment will be calculated in proportion of the total number of tokens participating in reward payment.

All ICO buyers, bounty and referral campaign participants are eligible to receive reward payments. The token that are frozen after ICO and team token will not participate in the reward system payment.

Important: in order to be eligible for reward, you must to have at least 500 FLOT tokens on the day of reward payment.

You can always check the number of sold tickets in the History of lotteries in your dashboard on https://firelotto.com

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