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Author Topic: Lotteree: a new blockchain-based lottery  (Read 1359 times)

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Offline cryptoofferTopic starter

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Lotteree: a new blockchain-based lottery
« on: May 14, 2019, 10:15:45 AM »




LOTTEREE.ORG Review: A New Blockchain Based Lottery Platform


Millions of people play various types of lotteries as they seek the opportunity to win the large jackpots offered by lottery organisations. Despite the media publicity of lottery winnings, there are some major factors that put the participants at a disadvantage in the traditional lottery system.
After different logistic fees such as organizer commissions, taxes and reseller commission have been deducted, only 1/3 of the ticket price ends up in the prize pool.


Lotteree (LOTR) Wants to Revolutionize the Lottery Industry


Blockchain platform Lotteree is aiming to create a decentralized form of lottery where such logistic fees are totally eliminated.
The platform aims to solve one of the major problems facing the lottery system, which is the existence of middleman. Lotteree as a decentralized platform eliminates this problem by using exchanges to perform the function of a middleman.
The blockchain platform has enumerated this process in a well-defined whitepaper available on its website. Crypto users would be able to purchase the Lotteree token (LOTR) - which is an ERC20 token - on major exchanges and use it as a transactional currency for lottery drawings on Lotteree.org.
Users can decide to participate in different lotteries on offer and purchase as many tickets on the website using the LOTR token. One major advantage of Lotteree is that there is no participation fee and payouts are issued to winners in full with no hidden commission.
In a scenario where there are multiple winners, the prize would be divided equally among the winners, like in traditional lotteries.
Lotteree ensures that there is transparency, accountability and security of user’s winnings on its platform without the need to pay exorbitant third-party fees.
As an ERC20 token, it can be stored in hundreds of wallets and could easily be traded for ETH or BTC which can be withdrawn into fiat currency.


Lotteree (LOTR) is an ideal blockchain project for investors


Lotteree from its initial standpoint has shown its readiness to tackle the problem in the lottery industry with its innovative and concrete idea.
The project is just starting up and has created its roadmap where the first milestone is to raise $250,000 from investors as seed money. After which it would proceed to the development of its platform by the end of 2019.
The project could have a bright future ahead in the lottery business which is a 80 billion industry in the US alone. It is an ideal investment for investors looking for a concrete and realistic crypto project and could be disruptive for the lottery industry.


Lotteree: a new blockchain-based lottery / https://lotteree.org/


Offline tbossmitche

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Re: Lotteree: a new blockchain-based lottery
« Reply #1 on: May 17, 2019, 09:27:27 PM »
Lotteree looks pretty impressive and I have to admit that it is not a fallacy saying the platform could revolutionize the lottery industry. However, you might want to take a look at Gexan which offer users as much as 85%of revenue generated from ticket sales along with the opportunity to monitor the drawings on smart contract.

Offline Leemababy

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Re: Lotteree: a new blockchain-based lottery
« Reply #2 on: May 27, 2019, 02:18:06 PM »
Reading about this project , what got my attention is the fact the project roadmap starts with a milestones of $250,000 much pretty impressive just the way Veil project is with such massive profit to make.

Offline Chomsy

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Re: Lotteree: a new blockchain-based lottery
« Reply #3 on: May 27, 2019, 02:30:11 PM »
Am starting to fall in love with lottery platforms in the blockchain. I hope I don't get confused but I still have to try out at least three or four. Lotteree looks good. I just like the usecase and problem it has to solve just like when I look at privacy coins like Veil and the problem it is already solving.

Lotteree is the kind of project I need to invest gains from trading Veil also. No need hoarding it. I just hope I get maximum satisfaction from Lotteree.



Offline Rico

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Re: Lotteree: a new blockchain-based lottery
« Reply #4 on: May 29, 2019, 11:35:39 PM »
How does Lotteree works? Is it some sort of CRYPTOCURRENCY I can invest in? How do I maximize profits too? I really would love to divert some of my funds to lottery ...what is its use case?

Offline VladEx

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Re: Lotteree: a new blockchain-based lottery
« Reply #5 on: June 03, 2019, 09:11:59 AM »
How does this lottery work?

Offline tbossmitche

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Re: Lotteree: a new blockchain-based lottery
« Reply #6 on: June 09, 2019, 12:45:00 PM »
How does this lottery work?


It literally works like every other lottery. You pick a number and hope the number is selected while running the lucky draw. You could also try out Gexan if you'll like to earn some passive income by staking the coins.

Offline Leemababy

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Re: Lotteree: a new blockchain-based lottery
« Reply #7 on: June 10, 2019, 03:13:16 PM »
Well it's a good one. I'm not too good participating in lottery,  why not staking and Mining project like veil.

Offline tbossmitche

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Re: Lotteree: a new blockchain-based lottery
« Reply #8 on: June 12, 2019, 12:10:38 PM »
Well it's a good one. I'm not too good participating in lottery,  why not staking and Mining project like veil.


Yeah, here is some good news. Did you know that Gexan offers an opportunity to earn passive income by investing the GEX tokens in masternodes? . With Midas Investment, I have made about 10% of what I initially invested in just 6 days.


This means you don't necessarily have to participate in lotteries on Gexan in order to earn.

Offline thamisephoenix

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Re: Lotteree: a new blockchain-based lottery
« Reply #9 on: June 14, 2019, 08:09:12 AM »

Yeah, here is some good news. Did you know that Gexan offers an opportunity to earn passive income by investing the GEX tokens in masternodes? . With Midas Investment, I have made about 10% of what I initially invested in just 6 days.


This means you don't necessarily have to participate in lotteries on Gexan in order to earn.
Hello.
Please, I will appreciate it if you could forward me the link to this Midas Masternodes platform. I'm holding some GEX coins which needs to be put to good use.




 

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