Hey guys, I don't know if you already heard of TrueFlip. It is the first working lottery that operates on the blockchain.
https://trueflip.io/
I've done quite some research and it looks very promising IMHO. The global lottery business represents a huge market capitalization, and Blockchain could make it more transparent.
As far as I can tell it looks very legit. Their code is fully open source. I already tried deposits and withdrawals and I can confirm that they both work fine. I purchased a lottery ticket for tonight as well. However their platform is not yet FULLY decentralised (which it should be by Q1 2018 according to their roadmap).
You can participate in the lottery using : BTC, DASH, LTC, ETH or even Visa/Mastercard (which is a good step towards mass adoption I guess). The price of a ticket is 0.001 BTC
They are currently hosting an ICO, for future development and marketing as well as increasing the jackpot to attract more users. The jackpot for tonight's lottery is currently at 47 BTC for instance.
They are currently using Steemit in order to grow their community with a fan art contest rewarding TFL. The team was in Amsterdam for the Igaming conference between the 10 and 14th july, where they just announced a partnership with DAO.Casino
Let me know what you guys think of this project, I personally like the fact that they have a perfectly working product before launching their ICO.
Whitepaper : https://trueflip.io/TrueFlip%20Whitepaper(01.06).pdf
Steemit contest : https://steemit.com/blockchain/@trueflip/the-challenge
Transparency :
Check their code for transparency : https://github.com/TrueFlip/prizecounter
ICO : https://ico.trueflip.io/
As always, DYOR and invest only what you can afford to lose.!!
Please read this before you buy from Trueflip.. you can buy token at much less price https://steemit.com/trueflip/@cryptolover82/ico-and-hitbtc-exchange
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