FOMOJACKPOT — The Unique Decentralized Lottery Application

DABANKING
3 min readJun 6, 2019

DABANKING

FomoJackpot is a revolutionary decentralized lottery application that uses Ethereum smart contracts to create a transparent and reliable system. This platform offers many high value prizes compared to the amount of money users have to spend to participate. There are also other regular and stable sources of income that players can get from FomoJackpot.

FomoJackpot is a lottery platform based on blockchain, mixing the new era technology with conventional systems that have been used and tested many times to create a familiar but superior product. This platform provides very attractive bonuses, with 50% of the proceeds from ticket sales being allocated into prize pools to distribute various types of prizes to winners.

FomoJackpot prizes are not limited at all and may increase multiples times, depending on the number of players buying tickets. The platform applies transparent payment process and uses smart contracts on the Ethereum blockchain, eliminating the possibility of fraud. All bonuses will be paid almost immediately from the prize pool directly into users’ wallets.

Is it different from similar projects?

There are 3 highlights of FomoJackpot:

  • Part of an open and ever-expanding ecosystem: FomoJackpot is a product within the financial and banking solution ecosystem of DA-Banking project (learn more about DABANKING here). FomoJackpot participants will have the opportunity to become part of the ecosystem, to be able to create generate passive income streams from all products of the DABANKING ecosystem.
  • Token platform offers many benefits but is difficult to achieve: The dividend token DAA of FomoJackpot can only be obtained by buying tickets to play FomoJackpot or other games of DABANKING ecosystem. Particularly in FomoJackpot, buying lottery tickets will help you mine DAA token: in each round, there will be a certain maximum limit on the amount of DAA being mined and the mining difficulty (or so-called the rate of receiving DAA for each FomoJackpot participation) will increase after each round. Holding and locking DAA token will help you get the dividend income as mentioned above.

The difficulty in obtaining FomoJackpot’s DAA token increases the value of the token itself and becomes the incentive for people to participate in FomoJackpot as well, thereby bringing a higher overall profit to redistribute to owners of token (as well as players who only play FomoJackpot)

  • Functional products: Almost all community fundraising projects through token issuance are “paper projects” with ideas that have not been implemented, meanwhile, with DABANKING, and specifically, the FomoJackpot platform, we have created real products and can operate with the pioneering business model. You should notice that difference.

The goal of this project is to create a fair and accessible lottery for anyone anywhere in the world. We will ensure the opportunity to receive win huge prizes as well as fast and directly payments and into your wallet.

Important information about FomoJackpot:

* This is a decentralized lottery platform so everything will happen based on smart contracts on the Ethereum blockchain

* Winnings are paid automatically after each withdrawal on the Ethereum blockchain

* The starting price for lottery tickets is 0.002 ETH and will increase over time

* The winning rate of lottery tickets will be the highest from the first ticket and decrease over time, so the earlier you buy, the higher the winning rate.

* Many other games will be added in the future

  • The token of FomoJackpot is DAA

With a secure platform, playing anonymously and completely transparent, join the FomoJackpot community today. You will find the opportunity to quickly increase the value of your assets to compensate for the loss of the past year

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