Arindam Paul
Lottoken.org
Published in
1 min readSep 24, 2017

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Hello World!! What is Lottoken?

Lottoken is a decentralized service offered to a group of participants to let them redistribute tokens which they own among themselves in a specific predetermined way. Predetermined way can be a specific random distribution.

One of the many use cases of the Lottoken service is running a raffle between a group of participants. We expect Lottoken platform to truly disrupt traditional corporate raffles and other variants of it (like school admissions, housing allocation, airplane seat assignments, organ transplants — the list is endless). The Lottoken service will be available globally without any limitations. Our goal is to make the platform totally decentralized, permission-less, and trustless. With these requirements in mind, the Lottoken platform will be built on the Ethereum blockchain network.

The Lottoken service will offer Lottoken tokens (LOTT) to enable usage of the service.

PS: Lottoken.org is the authoritative website for the Lottoken service. “Lottoken.io”, “Lottoken.com” or any other website has no affiliation or relationship with the Lottoken service.

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