Firelooto

FIRELOTTO



With increased growth comes increased complexity. One of the major concerns of players and investors alike is the lack of transparency and fairness of the trade. To ensure transparency, lottery tickets are generated through the Random Number Generation (RNG) method. However, except for believing in the name of the method, there is no actual way of checking the veracity of randomness. This also poses other common questions: How to know if the jackpot winner is real? Was the money accumulated in one pool? How could one be sure there has been no fraud?
Fire Lotto targets to strike out precisely the issues related to fairness and ensure complete transparency. To achieve that, they use the ingenious concept of blockchain technology initially used for cryptocurrencies like bitcoin and Ethereum. At Fire Lotto, lotteries are played out on a decentralized platform accessible to all its users where they can keep a track of all the goings-on including the transactions made. Furthermore, the algorithm used for RNG is publicly available to be checked and cross-checked to preserve transparency.
Not only has Fire Lotto removed the much resented issue of vagueness, it has moved a step further and introduced unprecedented features. Surpassing the usual amount of sixty percent of the players’ money that is accumulated in the pool, they allow it to be seventy percent, thereby ensuring both higher chance and amount of winning. Using Ethereum as its transactional cryptocurrency, the minimum guaranteed jackpot is fixed at 1000 ETH which equals to one million US dollars transferred immediately upon winning. One of its most impressive features is the cost of lottery which begins at a mere two US dollars thereby ensuring participation from developed and developing countries alike.
Not only has Fire Lotto attractive features for its players, like the Roger Wheel- a virtual counterpart of the wheel of fortune for instant lotteries, it also caters equally carefully to its investors. For a see-through project like this, in a booming industry like lottery, profitable returns in a short duration is only a practical expectation. Fire Lotto has deployed ICO as the method to garner investors, giving away tokens for as low as 0.7 USD. What sets the deal apart is the fact that the ICO has taken place after the launch of the lottery and not in the traditional opposite way. This gives the investors a clearer idea of the wheel already in motion.
The investors’ share of the profit is ten percent. If one looks at the statistical growth of the industry, it would not be an exaggeration to speculate that Fire Lotto may succeed in selling lotteries worth 150 billion dollars in its maiden year alone, skyrocketing the per token value by 50% its initial cost. The swift popularity of Fire Lotto is evident on its website with the number of its investors increasing rapidly. With the current collected funds of three million dollars and counting within days of its launch, Fire Lotto could be the new trend-setter in the lottery industry.
Important links:

USERNAME PROFILE:Rizalkurniawan

ETH:0xC6281Abcd4085D092a937003FAC019Fdd5296906


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