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Author Topic: What Is a Blockchain Lottery and How Does It Work?  (Read 4037 times)

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Offline TSM.GlobalTopic starter

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What Is a Blockchain Lottery and How Does It Work?
« on: March 27, 2018, 05:59:45 PM »




A simple search on your preferred search engine will provide you with numerous blockchain lottery listings.


Kibo Partners, Fire Lotto, SmartBillions, and others are all joining MOS in pioneering a new gaming experience for people utilizing the world of crypto. Each takes its own unique approach to the gaming experience, but there are some processes that they have in common.


· Many of the blockchain lotteries are structured to provide winning numbers based on future block hashes or random number generators.


· We all utilize a smart contract-based platform that is based off Ethereum, then utilize tickets or tokens to represent gaming opportunities.


· Multiple game options are offered to entice casual internet users, crypto experts, and an anonymous, but global community of players.


Our investing structures are also quite similar.


Blockchain lotteries offer a pre-sale where tickets or tokens are sold at prices that are fixed and low. This begins the prize pool generation process. Over time, the goal is to have the price of those tickets or tokens to increase because they can be traded as a commodity, just like any other cryptocurrency.


Every single blockchain states that they have the most transparent system in place. Yet, at MOS, we feel like no one takes transparency more seriously than us. That is how we are different.


Why Transparency Matters for a Blockchain Lottery


We believe transparency matters because players deserve to have clear, honest information about how their gaming numbers are generated.


At Fire Lotto, a random number generator is used. Players are permitted to inspect the code used for the generator at their convenience.


SmartBillions uses the hashes of the third future block to generate their bet results.


Kibo Partners simply says that the gambling rules and conditions are “hard-wired into the architecture” of their open-source smart contracts.


At MOS, we searched for a better way to encourage transparency, while still keeping the lottery aspect to the gaming process. That’s how we developed the idea of the “stock market lottery.”


Our bet results are based on the closing indices of the stock markets. The closing indices are sent to the blockchains via APIs with results that are easy to verify.


Check any news site or the index itself to verify that the numbers issued are correct.


Here’s an example. Let’s say that the Dow Jones Industrial Average closes at 24,852.39. Now let’s say that the NASDAQ Composite closes at 6,838.72. You would instantly know the results, based on the game you played.


1-Digit Game: 9


2-Digit Game: 39


4-Digit Game: 3972, etc


Once the supplying index value is appropriately communicated, like any other blockchain lottery, instant payouts occur to the player’s wallet.


At MOS, we want you to have access to a lottery game that is truly transparent and fun to play. This structure allows us to appeal to anyone from any background because it is easy to understand.


Our platform is secure. Game play is anonymous. Our bet results are the only option that can be independently verified in just seconds by anyone.


That is how MOS has created a different, and we would say better, blockchain lottery platform for you to enjoy.


www.moscoin.io




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #1 on: March 28, 2018, 09:56:05 PM »



Charlie Faulkner
Marketing Advisor

Charlie is a fifteen-year ad tech veteran with deep experience in the tech start-up ecosystem, both in Europe and Silicon Valley. Most recently Charlie was responsible for leading global Business Development for Manage.com, he grew their revenue from $0 - $100M before being acquired by a private equity firm. Previous to that he held commercial roles at TBG Digital (acquired by Sprinklr) and DBG (acquired by Merkle). Charlie currently advises Silicon Valley-based AI tech company Agent.ai and i-Gaming Blockchain enabled business CashBet where he created the worlds first ever partnership between a cryptocurrency and a sports franchise, Arsenal FC.

https://moscoin.io/


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #2 on: March 28, 2018, 09:56:44 PM »
NEW ADVISOR AT MOS COIN:



Simon Wajcenberg
Marketing Advisor

Simon is an entrepreneur with a stellar track record in founding pioneering global digital businesses. Simon has founded and built build numerous successful businesses including Stocknet.co.uk, one of the UK's first online stock brokerages, in 1998. In 1999 Simon founded Freequotes.co.uk, the UK's first real-time share price information provider, and TMN Plc, one of the first online direct marketing companies, which was listed on AIM in 2000. TMN today has a market capitalization in excess of £100M. In 2010 Simon founded StrikeAd, the worlds first global, mobile Demand side Platform (DSP). StrikeAd operates in Europe, U.S and Asia. In 2013 Simon launched K1T Capital a systematic quant based hedge fund asset management company. In 2017 Simon launched POWtoken.com the world’s first crypto currency for the mass market. POW is integrated with major social media partners Facebook and Twitter, and is experiencing exponential growth. Most recently Simon launched North Block Capital an asset manager investing in Blockchain and crypto assets.Simon has extensive international board-level expertise, vast experience in M&A and was a winner in the finals of the Ernst & Young Entrepreneur of the Year awards.

https://moscoin.io/

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #3 on: March 30, 2018, 07:26:13 AM »


We wish the Jewish members of our MOS community happy PASSOVER.

From the MOS team in Germany!

Germans always come early!

#GERMANY <3 PASSOVER


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #4 on: March 30, 2018, 09:43:38 AM »




Lotteries are one of the most common forms of gambling that people enjoy. It combines three unique features that makes it a gaming experience that is open to almost everyone.
#1. It is highly affordable. The average price of a lottery ticket is about USD $2 throughout the world.

#2. It is stackable. Because lottery tickets are so affordable, players can purchase multiple tickets with different number combinations to maximize their chances at winning.

#3. It is transparent. Lotteries hold public draws to let everyone know simultaneously what the winning numbers will be. If players are unable to witness the live draw, they have access to previous draws that match the tickets they’ve purchased.

MOS is pioneering a new form of blockchain lottery that meets these three key points. It is the only lottery of its type to take its numbers from a public resource: common stock market exchange closing values.

Definition of a Blockchain Lottery

In the past, cryptocurrencies like Bitcoin encouraged a mining process. People would compete to become the first to add a block to the blockchain. A “winner” is chosen from competing miners, creating value.

The winner collects the transaction fees within that block, motivating miners to collect as many transactions into a block as they can, thereby maximizing their reward.

For the average person, this type of reward lottery takes time to learn. It requires computing resources they may not have. It can be confusing, complicated, and not much fun.

We believe there is a better way. That is why we have redefined the blockchain lottery to make it more like the traditional gaming experience.

Here’s How the MOS Stock Market Blockchain Lottery Works.

The MOS stock market lottery is managed by Ethereum smart contracts. Every operation, from player bets to jackpot management, is recorded on the blockchain. That process ensures there is a sufficient payout pool available before a bet would be accepted.

Players then have multiple game options from which to choose. Payouts are dependent upon the game chosen. With the 1-digit game, the odds of winning are an expected 1 in 10. The two-digit came offers expected winning odds of 1 in 100.

Once the preferred game is chosen, the player selects their numbers as they purchase their ticket with MOS tokens. The smart contract system ensures the jackpot pool can accept a payout before accepting the bet.[/size]Then, 30 minutes after the stock market closes, all transactions are posted to the Ethereum blockchain.After the closing, MOS retrieves the final indices of the stock market via APIs. The final two digits in the stock market indices from major exchanges are then used to form the winning numbers.This structure creates a playing atmosphere that is truly fair and transparent. It is for that reason the MOS stock market lottery appeals to casual players and crypto enthusiasts alike.With a secure platform, anonymous play, and complete transparency, come join the MOS community today. You will find the stock market lottery structure to be a whole lot of fun.



[/color]
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #5 on: March 30, 2018, 06:40:26 PM »



We are disrupting the $200 billion technical stock trading market!

Let's make technical traders feel more honest and have bigger upside!

Join the ICO NOW!

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #6 on: March 30, 2018, 07:13:49 PM »
NEW ADVISOR AT MOS COIN:



Simon Wajcenberg
Marketing Advisor

Simon is an entrepreneur with a stellar track record in founding pioneering global digital businesses. Simon has founded and built build numerous successful businesses including Stocknet.co.uk, one of the UK's first online stock brokerages, in 1998. In 1999 Simon founded Freequotes.co.uk, the UK's first real-time share price information provider, and TMN Plc, one of the first online direct marketing companies, which was listed on AIM in 2000. TMN today has a market capitalization in excess of £100M. In 2010 Simon founded StrikeAd, the worlds first global, mobile Demand side Platform (DSP). StrikeAd operates in Europe, U.S and Asia. In 2013 Simon launched K1T Capital a systematic quant based hedge fund asset management company. In 2017 Simon launched POWtoken.com the world’s first crypto currency for the mass market. POW is integrated with major social media partners Facebook and Twitter, and is experiencing exponential growth. Most recently Simon launched North Block Capital an asset manager investing in Blockchain and crypto assets.Simon has extensive international board-level expertise, vast experience in M&A and was a winner in the finals of the Ernst & Young Entrepreneur of the Year awards.

https://moscoin.io/

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #7 on: March 31, 2018, 08:36:29 PM »



MOS FANS! The moment is here!

From tonight GMT +8 you will be able to register for purchasing of MOS tokens. Get ready!

Please visit ico.moscoin.io to open an account.

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #8 on: April 01, 2018, 06:05:01 AM »


Do you need a MOS referral link?

Go to ico.moscoin.io and earn extra!

Join our dashboard now!

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #9 on: April 01, 2018, 06:09:01 AM »


Do you need a MOS referral link? Go to ico.moscoin.io and earn extra!

Join our dashboard now!

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #10 on: April 01, 2018, 06:51:20 AM »


Do you need a MOS referral link?

Go to ico.moscoin.io and earn extra!

Join our dashboard now!

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #11 on: April 01, 2018, 02:12:37 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #12 on: April 02, 2018, 03:24:32 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #13 on: April 03, 2018, 03:02:03 AM »


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #14 on: April 03, 2018, 03:30:43 AM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #15 on: April 03, 2018, 03:32:34 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #16 on: April 03, 2018, 03:57:39 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #17 on: April 03, 2018, 04:00:05 PM »


Airdrop closed as our public pre ico starts.

You can visit ico.moscoin.io if you want to purchase Mos coin. Buy now and get 20% bonus.


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #18 on: April 04, 2018, 06:35:23 PM »






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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #19 on: April 05, 2018, 09:24:19 AM »



Did you JOIN THE MOS Dashboard?

ico.moscoin.io

Did you know the original name of this project was supposed to be MOSS? The idea was that MOSS means MO$$

Now MOS may also mean:

MO1
ˌɛmˈəʊ/
noun
plural noun: MOs
the way a particular person tends to do things
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #20 on: April 05, 2018, 09:51:19 AM »


Airdrop closed as our public pre ico starts.

You can visit ico.moscoin.io if you want to purchase Mos coin. Buy now and get 20% bonus.


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #21 on: April 05, 2018, 05:03:41 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #22 on: April 05, 2018, 05:42:11 PM »



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #23 on: April 06, 2018, 06:48:24 PM »


We are honored to have a very secure dashboard:

ico.moscoin.io

Join the presale!

The sooner you invest the better!

With our dashboard your money would be as safe as some "fat cats" EMPs.

 

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #24 on: April 07, 2018, 06:08:06 PM »


ico.moscoin.io

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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #25 on: April 09, 2018, 10:03:07 AM »

upload pics



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #26 on: April 09, 2018, 10:20:45 AM »

upload pics



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #27 on: April 09, 2018, 05:51:47 PM »


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #28 on: April 10, 2018, 09:17:36 PM »



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« Last Edit: April 12, 2018, 02:34:41 AM by TSM.Global, Reason: code »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #29 on: April 10, 2018, 10:20:31 PM »

image upload

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« Last Edit: April 12, 2018, 05:58:29 PM by TSM.Global »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #30 on: April 12, 2018, 05:37:03 PM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #31 on: April 13, 2018, 08:59:52 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #32 on: April 13, 2018, 09:14:35 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #33 on: April 13, 2018, 05:43:57 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #34 on: April 13, 2018, 06:03:55 PM »



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #35 on: April 14, 2018, 08:00:16 AM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #36 on: April 14, 2018, 08:21:19 AM »



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #37 on: April 14, 2018, 07:21:43 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #38 on: April 14, 2018, 07:34:20 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #39 on: April 14, 2018, 09:49:56 PM »


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #40 on: April 17, 2018, 12:11:43 AM »


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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #41 on: April 17, 2018, 05:52:10 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #42 on: April 17, 2018, 06:10:17 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #43 on: April 18, 2018, 07:39:56 PM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #44 on: April 18, 2018, 07:54:41 PM »



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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #45 on: April 19, 2018, 10:12:42 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #46 on: April 19, 2018, 09:21:29 PM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #47 on: April 20, 2018, 11:44:44 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #48 on: April 21, 2018, 04:50:13 PM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #49 on: April 21, 2018, 05:35:59 PM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #50 on: April 22, 2018, 08:35:43 AM »
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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #51 on: April 22, 2018, 06:06:18 PM »




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Re: What Is a Blockchain Lottery and How Does It Work?
« Reply #52 on: April 24, 2018, 04:12:33 PM »
This is an amazing project and we at the Saturn Network salute your efforts!

Did you know decentralized exchanges are the way forward? The only way to take cryptocurrency back to its roots. Come join our mission today, join the Saturn DAO.
Sam - https://saturn.network - Community Manager
blog: https://rados.io
DEX: https://radex.ai


 

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