LOTEO: A CUTTING EDGE LOTTERY ARCHITECTURE OPENING A NEW FRONTIER TO GLOBAL LOTTERY OPERATIONS

in blockchain •  5 years ago 

ABOUT THE PROJECT
Graphic1.JPG
The Loteo initiative is a blockchain-oriented project and prompts transparency in the drawing and the speed of winning. The fundamental job is given to smart contracts, which remarkably is instrumental for the payment of the victor. Coincidentally, the entire drawing procedure can be seen in the historical backdrop of the blockchain. The presentation of the blockchain made it imperative to absolutely dispose of all aspect of the human element.

MOREFUNDAMENTAL IMPERATIVES OF THE PROJECT
Screenshot_2019-08-07 loteo-wp-en pdf.png
The embodiment of the lottery is exceptionally clear and forthright. To take part, you simply need to complete a couple of basic dynamics. Basically we know that everybody can buy a ticket, interestingly you can do this with your own Lotes token. Likewise, ethereum digital money is utilized to buy tickets. Later on, it is feasible to utilize different cryptographic forms of money also, just as fiat. The player isn't an individual,

however, location of the ether-wallet that a deposit was made to the lottery. Furthermore, an irregular number generator becomes possibly the most important factor, where issues of the winner are resolved, and to note that everything is basic.

THE ADVANTAGES OF LOTEO OVER OTHERS:
Screenshot_2019-08-07 LOTEO - Transparent Lottery.png

CUTTING EDGE WINNING PROSPECT

The winNing prospect of a big stake in an ordinary lottery is little to such an extent that it will generally be about zero. However, in the Loteo medium , the circumstance is marginally unique. Here the shot of winning is abnormally enormous and it truly is.

SECURE:

Loteo is a very secure platform, taking an in-depth look at the traditional lottery, the champ relies upon an illustrated blend of figures, and should there be none, it then means that at that point there is no champ. Aboard the Loteo infrastructure, the champ will consistently be. Furthermore concerning the traditional lottery, you have the ability to control the number of champs, however, for the Loteo instance, this is unimaginable. Similarly, In a normal lottery, we can sit tight for the champ for a substantial length of time including months. In the Loteo framework, the champ will be in every bit drawn.

UNIQUE PAYMENT TECHNIQUE

The standard lotteries for us are paid to utilize fiat reserves. The Loteo venture gives fiat, yet additionally the now-famous digital currency, the measure of which will just appreciate later on.

CLARITY AND FORTHRIGHTNESS
Numerous individuals see the lottery as a cheat. This is incompletely valid since it is possible to control the outcomes with the assistance of invested individuals. They might be untrustworthy manipulators. The Loteo initiative is stimulated by blockchain innovation, which ensures supreme trustworthiness to the members and the community.

AMAZING LOTEO RAPIDITY AND SWIFTNESS

Basically, if you look inward, you will understand that speed is another advantage of Loteo . The speed concerns both the draw itself and the speed of payment of the money prize to the champ. Once more, the application of the blockchain innovation has been instrumental to the various imperatives.

EVERYONE IS A WINNER
Perhaps this aspect explains why trusted experts are amazed by this infrastructure as there are no losers. Primarily each Lotes token holder will get a little reward just for putting away tokens in his wallet. In customary lotteries, when we purchased a ticket and lost, money prizes can be overlooked for eternity. By and large, the victor will get as much as 75% of the lottery pool. 20% will be conveyed between token holders, paying little respect to whether the individual won or not. 4% is a reward from the victor to the individual who welcomed him to the venture. 1% will be given to philanthropy and nothing can be more amazing and benefitting.

X-RAYING THE LOTEO WORKINGS:
The global disruption of the lottery space by Loteo architecture is one of the high points of this worldwide initiative. Interestingly, players from wherever in the world have the ability to take part in the lottery. Invariably there is no binding to a specific currency; admission into the game can be remunerated with cryptographic type of cash. Infographics from developers have sounded it that In the future, payment with fiat money will also be provided, but it is the possibility of paying with digital coins that make the site international, attractive and awesome.
Another dynamic and result oriented paradigm to this innovative project is the sociable, responsive and convenient interface of the platform that makes its use satisfying and seamless for any participant. Basically every participant will want to return to the platform in multiple times.
The Loteo revolutionary imperative can be seen as the initiators took on the additional goal of telling the world about the benefits of the blockchain innovation to the project. They lead their educational channel on Youtube; a further 1% of the winnings will go to charity. So the project benefits not only gambling lovers, but the whole world is excited about this rewarding infrastructure.

ROAD MAP
Screenshot_2019-08-07 loteo-wp-en pdf(2).png

TEAM
Screenshot_2019-08-07 loteo-wp-en pdf(3).png
Do you want to know about the Loteo Project check out these links underneath:

Website: https://playloteo.com/
ANN Thread: https://bitcointalk.org/index.php?topic=5116114
Telegram: https://t.me/loteomission
Twitter: https://twitter.com/loteomission
Facebook: https://www.facebook.com/loteomission/
Whitepaper: https://www.playloteo.com/documents/loteo-wp-en.pdf
Instagram: https://www.instagram.com/loteomission/
Linkedin: https://www.linkedin.com/company/loteo-net
Reddit: https://www.reddit.com/r/Loteo/
Github: https://github.com/playloteo
YouTube: https://www.youtube.com/channel/UCveQW_4wrc-ZYCo0sac6exQ

Bitcointalk Username: TheICE007
Profile link: https://bitcointalk.org/index.php?action=profile;u=264068

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @mediaconcept! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 20 posts. Your next target is to reach 30 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!