Fire LottoVISIT NOW
International blockchain lottery
Smart contract blockchain
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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