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Fire Lotto

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Blockchain
Ethereum
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What is Fire Lotto?

Fire Lotto - the world's first decentralized lottery game, using Ethereum smart contracts. This is a unique project, where everyone can win.

Contents:

  1. How to play Fire Lotto (FL)?
  2. FL economy
  3. The future of the platform

How to play Fire Lotto (FL)?

On January 1, 2018, three lotteries were launched on the Fire Lotto platform. They will be followed by instant lotteries, based on Fire Chain technology, which will launch on October 1st. This means that the lottery is successful, people are winning real prizes and are competing for big jackpots.

Since the lottery does not depend on a single server, it is fair, transparent and safe. It is impossible to interfere with her process. Nobody can ban the lottery and people from all over the world can play it as long as they have access to the Internet. The prize pool is huge and accumulates a record 70 percent of the revenue, generated from ticket sales.Fire Lotto

No other lottery can boast such benefits. The project is developing and gaining momentum successfully. To start playing, you need to follow these steps:

Wallet To buy a ticket, you need an Ethereum wallet.
Choice On the main page, click on the lottery you want to play. You will go to the ticket page, where you can choose your own set of numbers or click the magic wand icon to select numbers for you randomly.
Island When you feel yourself satisfied with your choice of room, click the Buy button to buy your ticket. You will be prompted to either pay with MetaMask or transfer funds directly from your Ethereum wallet to the lottery smart contract address.

Once the winner appears, the automatic payout will take from 30 seconds to several hours for the system to transfer funds to the winning account.

FL economy

The project has a White paper. It states that 70% of ticket sales go to JackPot. Moreover, all winnings are paid out automatically after each draw. The system automatically transfers the jackpot funds to the crypto wallet. All payments are in the form of ETH, according to the payment tables of each lottery. The history of all draws and winnings can be found in the "Draw Archive" section of each lottery. You can check your winning tickets in the "My Tickets" section of the website. Just enter the crypto wallet number you used and your results will appear. There is also a transparent referral program here. You can get up to 15% cashback for every ticket sold. No hidden fees or taxes.

The future of the platform

The company is currently working on integration with new partners and affiliates via API and iFrame. More than 120 companies have already integrated the Fire Lotto platform into their online resources, generating 50 percent of the platform's revenue. The platform roadmap contains the following information:

  • April 30, 2018 - payment for the transfer of rewards to owners of FLOT tokens. This is the first ever bonus payment to all currency holders;
  • On May 11, the site got a localization. The FireLotto community of players is global and more languages will appear in the future;
  • two weeks later, a lottery of reports and platform monitoring appeared;
  • summer 2018 - integration with Fiat & tokens payments. FireLotto is releasing a blockchain solution, aimed at lottery players, offering the ability to pay for games in raw currencies, compared to ETH at the moment. You can send money instantly and also save on transactions;
  • overall UI improvements are going to happen this fall: avatar development, speed improvements, visuals, interactive display of lottery results and other UI improvements.

Later there will be a new lottery - KENO. You can find detailed information on the company's social networks - Telegram, Facebook or Twitter. There you will also find out about the contests and promotions on the platform.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.