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Fire Lotto

4.6
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Overview Chart Review 0

International blockchain lottery

Token symbol

FLOT

Start Date

15 January 2018

Close date

15 February 2018

Smart contract blockchain

Ethereum

Links

 

Team:

Roman Demidov - CEO

Vladislav Shabanov - CFO

Alexander Karelin - CMO

Elena Bogdanova - Lawyer

Tolya Yanot - CTO

Dmitry Polovaikin - Protocol Architect

 
Fire Lotto is a modern blockchain lottery as simple and understandable as traditional lotteries are. 20 facts about Fire Lotto: 1. 100% decentralized lottery platform. Everything is built on ETH smart contracts. 2. Starting from 4 popular lottery games. 3. Minimum loosing combinations = real chances to win Jack Pot. 4. 70% of tickets sales go to Jack Pot. 5. Winnings are paid out automatically after each draw. 6. Lottery ticket starting price – 2 USD. 7. Ability to add more popular lottery games. 8. Play Fire Lotto from any device without an app. 9. Play in one click. 10. Payments are d totally secured and made in one click. 11. Transparent referral program. Join us and get up to 15% cashback for each ticket sold. 12. 10% commission payments to FLOT token holders provide an endless source of crypto income. 13. The prize pool can grow up millions and millions of dollars. 14. Random number generator is based on BTC blockchain. 15. Neither winning numbers nor lottery tickets can be faked. 16. No hidden charges, taxes and etc. 17. Fire Lotto platform cannot be shut down or effected anyway. 18. The Fire Lotto is totally anonymous. 19. GitHub open code. 20. The first internet community owned lottery.

Expert Review

TokenTops
avatar
4.6 out of 5

The Fire Lotto project is a platform to create and conduct lotteries using blockchain technology and smart contracts. The introduction of smart contracts with open source allows solving its main problem - the opacity of the process of distributing the winnings for participants and, as a result, the lack of trust in the organizers, the availability of opportunities for various fraudulent schemes. Since the owners of the FLOT token are entitled to receive a portion of the project's revenue, its value and value will increase as the Fire Lotto project develops. Token holders receive a 10% commission on all lottery ticket sales, which is paid in ETH every two months. There are some legal claims to the project (AML / KYC requirements), lack of a detailed financial plan. But in general, the idea of the project has high potential due to be one of the first to implement blockchain into lottery industry.

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