LOTEO — DIGITAL AUTOMATIC LOTTERY PLATFORM USING BLOCKCHARE AND SMART CONTRACTS
HELLO WHAT IS THAT LOTEO ?
Lotteries are a very popular form of gambling, but they face a number of long-standing issues. States may restrict their citizens from participating in lotteries, or they may restrict their choice to a single state-run monopoly. Trust in conventional lottery organizers has been eroded through scandals as well as a lack of transparency that has been present since the game’s inception.
LOTEO is an automated digital lottery that is executed via code instead of being run by people. The lottery will, first on a weekly, and later on a daily basis, draw a random Ethereum address from a pool of users. The draw will be based on a random number generation system that will have a publically-viewable code on GitHub and also on Ethereum Network. The winner shall receive 75% of the prize pool as a reward, which will be sent to their Ethereum address.
Not only will LOTEO make this form of gambling accessible to more people than ever, but it will also address the issue of trust as it will be executed via a smart contract, the code of which will be publically-viewable on GitHub and also on Ethereum Network. Through a combination of international reach, transparency and automation, LOTEO aims to become the industry standard in the rising market for digital lotteries.
LOTES is a security token that should be sold only as part of private financing (STO). There will be no public sale, for all investment requirements, please fill out the form on the website. This token gives owners the opportunity to profit from participation in the lottery, without being participants in the amount of 20% of the total amount of each prize. Lots are blocked for 15 months, and during this time it is impossible to buy or sell them anywhere else. After the first 15 months, another round of financing will take place, during which LOTEO will sell at least 30% of all tokens in accordance with legislative and regulatory requirements. The price and all details will be disclosed before this event. After the sale of these tokens, the token will be listed on the stock exchanges offering security tokens to trade. After 15 months, 20% of all security tokens will belong to the lottery, and 80% will be decentralized, which will not allow to manage the lottery. must be reached by consensus, and any token holder can put forward a proposal or vote
Testing the weekly lottery
31/3 MVP ready
31/3 WEB starts
Soft start 1/5
1/6 hard start
BTC payment available
Launch daily lottery
Launch of the 3rd game
Payment of mobile messages
application for iOS and Android
Integration with external API
LOTES unlock, 2nd round PS
LOTES stock listing
LOTEO Bets — P2P Betting System
LOTEO tickets are available through third parties.
Platform LOTEO B2B
Rastislav Bakala: CEO, Co-Founder
Yan Lalka: CFO, Co-Founder
Juraj Illes: Marketing Director, Co-Founder
Rene Darmos: CBDO, co-founder
Nina Bakalova: PR Manager
Julius Buchel: community manager
Max Zakomoldin: Sales Consultant
Robert Aukst: Legal Advisor and Exchange
MY INFORMATION :
MYPROFILE BITCOINTALK : https://bitcointalk.org/index.php?action=profile;u=2051414
Technical document: https://www.playloteo.com/documents/loteo-wp-en.pdf
ANN topic: https://bitcointalk.org/index.php?topic=5116114