FireLotto is happy to announce the ICO token sale that shall begin on March 15, 2018. During the token generation event, FireLotto will make available, 100 million tokens (FLOT) with 77% of these targeting backers. Some 20% of the tokens shall be reserved for the core development team while the bounty program participants will have their hands on the remaining 3%. Upon launch, FireLotto shall be the first cryptocurrency lottery in the world. It is built on an innovatively crafted Fair Play principle that is hedged on the blockchain. FireLotto will revolutionize the gambling industry. As a token generation event, it
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On the 1st of January of this year, FireLotto launched, making it the first decentralized blockchain lottery in the world,guaranteeing complete transparency through the use of Ethereum smart contracts. Whilst there are other blockchain lotteries in circulation, they have not proven to be transparent much like regular lotteries, where customers have no real ability to tell if the draw was fair or not. The FireLotto team offer an insight: Disclosure: This is a Sponsored Article “80% of ICOs are not backed up by any product prototype. Fire Lotto is a finished product that has already been launched” The interface of
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]]>Lottos make up 29% of the gambling market cap. With the average lotto ticket costing about $2, the low price of lottos often entice gamers to buy multiple ones. Yet despite frequent play, the current lotto market is due for innovation. Online lottos have captured a significant part of the market. Blockchain based lotteries are still nascent in the industry. Disclosure: This is a Sponsored Article Up until recently, lottos featured diminishing purchase value. Taxes and withholdings of up to 60% marr the profitability of large and small gains of the winner. More flaws with the common physical lotto is
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