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Fire Lotto has Launched the First Truly Transparent Decentralized Blockchain Bitcoin Lottery
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Fire Lotto has Launched the First Truly Transparent Decentralized Blockchain Bitcoin Lottery
by Vladdirescu Wed Jan 03, 2018 10:08 pm
Ensuring fairness of games remains the biggest challenge facing the $294 billion lottery industry. Players have always question the genuineness the tickets sold, the pool for the money accumulated, identity of jackpot winners, and the security of Random Number Generators, or RNG. Several high-profile cases of lottery manipulation like the 1980 Pennsylvania Lotto scandal and the recent conviction of Eddie Tipton in 2010 has not only increased player's concerns, but eroded market confidence.
The growing penetration of the internet and adoption mobile devices has resulted in increased accessibility to lottery platform. However, most of them remain inaccessible to players due to regulations or underdeveloped market. Those who can participate have no control over how much money is collected from ticket sales and when they do win, can have up to 60% of their winnings withheld.
Fire Lotto, an international Blockchain lottery, has announced their token sale to address this issue. Launched in December, the ongoing first phase - a private pre-sale - will put their FLOT token in the hands of early contributors and participants.
Read more: https://coinidol.com/fire-lotto-launched-first-truly-transparent-decentralized-blockchain-bitcoin-lottery/
The growing penetration of the internet and adoption mobile devices has resulted in increased accessibility to lottery platform. However, most of them remain inaccessible to players due to regulations or underdeveloped market. Those who can participate have no control over how much money is collected from ticket sales and when they do win, can have up to 60% of their winnings withheld.
Fire Lotto, an international Blockchain lottery, has announced their token sale to address this issue. Launched in December, the ongoing first phase - a private pre-sale - will put their FLOT token in the hands of early contributors and participants.
Read more: https://coinidol.com/fire-lotto-launched-first-truly-transparent-decentralized-blockchain-bitcoin-lottery/
Vladdirescu- Posts : 721
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Join date : 2017-04-21
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