Fire Lotto is an international lottery built on the Ethereum Blockchain. The pre-sale of the FLOT token sale is live
FireLotto is poised to revolutionize the lotto ecosystem with its innovative platform. Firelotto lottery game built on the Ethereum network will bring transparency since it is a decentralized system.
FireLotto creates lottery tickets that are impossible to forge by using ETH as its primary payment method. The code is available in the whitepaper. As excerpted on the whitepaper:
“Worldwide demand for truly transparent, fair services has grown alongside the advance of technologies that enable the change. The distributed, decentralized nature of Blockchain technology offers tremendous opportunities for financial technology innovation, and similarly, for gaming industry modernization.”
The FireLotto lottery works straightforwardly. The prize pool is created using the funds collected during ticket sales. Players can guess the correct sequence of numbers as is obtainable on other lotteries.
FireLotto has three draw lotteries: 4/20, 5/36/ and 6/45. There is also the instant lottery known as Roger’s wheel, which has a fortune wheel containing 21 numbers. It offers bets from 0.007 ETH with coefficient from 2 to 20. If you predict the right number, you will receive your stake multiplied by a chosen coefficient.
The minimum size of a guaranteed jackpot is fixed at 3000 ETH(approximately $1,00,000) for the 6/45 lottery. If no one succeeds in winning the star prize in a draw, it will be rolled over to the next draw and increased. The jackpot keeps growing until somebody wins it. There will also be five prize categories, with different prizes depending on the accuracy of the player.
FireLotto lottery has been launched already on the Ethereum test net. You could try it out. It is quite simple and straightforward.
FireLotto Token Sale Information
The private token pre-sale runs until January 15, 2018. There are 77 million FLOT tokens up for grabs during the sale.
The pre-sale runs from January 15, 2018, until February 15, 2018.
The Crowdsale runs from March 15, 2018, until April 15 2018.
There are a total of 11 million FLOT tokens to be released.
For more information, please visit www.firelotto.io
To view token sale terms: www.firelotto.io/agreement.pdf