Hello readers and subscribers and followers. Today I have something new for you. This new product and concept is called DONOCLE LOTTERY.
PRELIMINARIES
cryptocurrency market saw a massive influx of optimism and popularity. After a market cap increase of over $600 billion, it was no surprise that the cryptocurrency market saw massive media coverage from financial channels, news articles, and stories of instant wealth. This potential for transparency and decentralization seemed hugely unlikely in the digital world, however cryptocurrencies proved to be a force promising to change that. The rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is DONOCLE a global LOTTO project with more than 50 types of coins and tokens that are utilized on blockchain-based lottery-draw method and prize, which are impartial and transparently revealed to maximize the fairness.
WHAT IS DONOCLE
DONOCLE is a decentralized, blockchain-based project that is revolutionizing the traditional lottery system. This global project basically provides a unified platform for individuals to take part in lottery activities in a secure manner.
DONOCLE also is a global LOTTO project with more than 50 types of coins and tokens that are utilized on blockchain-based lottery-draw method and prize, which are impartial and transparently revealed to maximize the fairness.
WHAT IS LOTTERY
Lotteries comes in so many formats. The rewards/prices can be in the form of goods or cash. It’s been around since time immemorial. Lottery is a form of gambling whereby prizes are won just by drawing of numbers. If the player selects amongst the numbers drawn, he or she becomes a winner.
WHAT IS DONOCLE LOTTERY
The Lottery Industry is developing vis- – vis the acknowledgment of Cryptocurrency, and our straightforward and institutionalized framework will pick up the plug.
VISION OF DODNOCLE
The lottery industry has drastically witnessed a revolution with the help of Cryptocurrency and the Donocle standardised and transparent system will be at the forefront of the market.
DONOCLE Team having loads of years of experience in the online gaming and mobile games market hope that the blockchain Industry will be integrated with our real economy, and thus
construct a secured project in the industry.
PROBLEMS OTHER LOTTERY BLOCKCHAIN FACES
- Low credibility & worries of Rigging
- High Lottery Commission charge
- Slow process of Prize/Donation transfer
SOLUTION DONOCLE OFFERS
Provision of transparency through Blockchain Algorithm
Free or low charge
Revealing the process of Prize/Donation transfer
WHY ONE NEED TO INVEST IN DONOCLE
No one can survive in the trading market just by the activities of its marketers and conducting events as this alone cannot attract investors.
The investor whom trust the project to put their money into the project will receive in total ten percent (10%) of the lottery sales through the DONOCLE Proof of stake (POS) system.
The investor will also receive up to fifty (50) kinds of coins.
Donocle will do all that is possible to prove its value will soar because for sure, the trading price will increase as its reward/winning prize becomes bigger.
FAIR GAME SYSTEM
DONOCLE is an Online Lottery System that utilizes Bitcoin and other Altcoins as commodities.
DONOCLE project is based on MIB Blockchain Platform, and we increased safety and credibility through the combination of C/S environment and Blockchain rather than putting Blockchain and any business together.
THE LOTTERY PROCESSES
Donocle uses an easy interface and allows players from all parts of the world to participate in this online lottery. After buying tokens, each of the players is given a unique six-digit number that is generated by the BTC counter. To ensure transparency, all the players are informed of the number of coins issued, sale number, and the price of the sale. These figures are updated regularly as the sale progresses forward.
PURCHASING THE LOTTERY TICKETS
Users visit the Donocle platform, create a wallet, and later view their dashboard. On the dashboard, the player‘s numbers are marked. Prices of these tickets are determined the same way as the BTC market price is arrived on the cryptocurrency exchange.
THE ADVANTAGES
The Effective Raffling Process
The raffling process is initiated when the users purchase lottery tickets using any of the 50 types of tokens currently available on the zone. Consequently, users are offered with a six-digit number from the BTC nonce that is considered as a raffle number. In the end, the total coins paid out to lottery winners are distributed based on the winning ratio. Additionally, the number of coins issued, sales number, and prices are disclosed to the buyers to ensure trust and transparency. As sale progresses, these numbers are regularly updated.
Proof-of-Stake System — Offering Reliability and Security
To ensure secure profit allocation, Donocle has integrated Proof-of-Stake system. POS allows an individual to validate a block transaction as per the coin numbers that he/she holds. Therefore, with the increase in coin possession, players have more opportunities to generate wins/profits.
Additionally, Donocle’s Airdrop is a feature that offers users with the opportunity to earn steady returns. Users can deposit their tokens in the Proof-of-Stake system and receive regular incentives for the same. Airdrop funds are accumulated in the form of coins/tokens that were used to acquire lottery tickets on the platform. By the end of each session, the platform collects cryptocurrencies in the form of crypto coins/tokens, Donocle tokens, or MIB coins. Donocle allocates 10% of these overall funds for Airdrop. Therefore, when users hold tokens in the POS system, they get Airdrop incentives based on the POS proportion.
The Technology
The Donocle platform uses the Donation Global Blockchain Lottery System. The DGBLS integrates blockchain with the Global Lottery System (GLOS), a system that is used by many operators in sports. The SmartX Blockchain Platform is easy to use, inexpensive, and lightweight as it uses the Blockchain Hash Algorithm. Other conventional platforms use the GPU or ASIC software that does not give the players a great experience. The Donocle B System rides the Blockchain Donation Direct Transfer System. The advantage of this technology is that it transfers funds to the beneficiaries in a safe and transparent manner.
FLEXIBILITY OF DONOCLE TO USERS
They have adopted ODF(Open Data Flow) that enables users to monitor the transfer and flow of goods(money).
Global Lottery
Construction of Global Lottery System that are not limited to individual country.
Transparent System
Secured transparency of Online Lottery Prize System through Blockchain Smart Contract.
Airdrop & Donation
Revenue of Lottery Service are partially used for Airdrop and Donation.
TOKEN AND ICO DETAILS
NAME — DONOCLE
SYMBOL — DDL
PLATFORM — ERC-20 or MIB ERC-20
TOTAL ISSUE — 600,000,000
TOKEN DISTRIBUTION
ROADMAP
2018 Q1
DONOCLE Whitepaper development
DONOCLE project designing and technical aspects research
MIB Blockchain Platform linkage research
(SBP : SmartX Blockchain Platform)
2018 Q2
DONOCLE PTE.LTD Singapore branch establishment
DGBLS™
(Donocle Global Blockchain Lottery System)
DONOCLE Offcial website
DGBLS™ designing
2018 Q3
DONOCLE Project
Pre-Sale start
IDCM Listing contract
2018 Q4
HongKong branch establishment
(DONOCLE International)
DONOCLE Project Demo Demo
Lottery License acquisition
(Two foreign regions)
2019 Q1
Transaction starts on Exchanges
(HongKong, Korea)
Global Marketing
March : Trial service toward global users
March : POS System test
April : Main Service launch
2019 Q2
DONOCLE business expansion
DONOCLE Donation Foundation establishment plan
FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW;
Website : https://www.donocle.io/
Whitepaper : https://donocle.io/download/DONOCLE_WhitePaper_EN.pdf
Telegram : https://t.me/donocle1
Facebook : https://www.facebook.com/donocle/
Twitter : https://twitter.com/Donocle1
Author: psalmyblinks
MIB wallet address: 0x0C4fE6638199BEe2Fe0Ab07B41Eb2e79E4EE62DB