LOTEO DIGITAL ERA LOTTERY

The game of lottery has been around with man for quite a long time dating from so many centuries ago.A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. For more info You can read Different Article.





Introducation

I friends in this article i will introduce you about great project  LOTEO DIGITAL  ERA LOTTERY  and i will also  give You my point of view

What Is Loteo Digital Era?

LOTEU is utility token of Loteo, that empowers to twofold your opportunity by lottery drawing. It doesn't raise the prize, however it expands your ticket number in the pool. As of now currently there is a game with section just in LOTEU - Moon of Fortune and in the event that you are fortunate enough, you can win a passage into normal lottery and potentially hit a big stake. 

By utilizing of LOTEU at the game called FOMO you actually purchase an opportunity not to free, as you have one increasingly chance during the game. What's more, there will be an ever increasing number of games not far off. As there was no ICO for this token and enormous piece of it was airdropped for the network, there is no choice to go into principle Weekly Lottery with LOTEU now. There is an arrangement to have likewise LOTEU as an installment alternative for the fundamental games after the estimation of token is balanced out and not all that unpredictable. 

There is a quarterly consuming occasion of this token also. Loteo is consuming 20% of all tokens got on the stage until the complete supply of token is 100 000. Long haul plan of the stage is to progress toward becoming B2B supplier of its own answer for blockchain gaming and betting and for anybody that needs to utilize this arrangement, there will be a condition to stake distinctive measure of LOTEU tokens as indicated by determined kind of participation.


How Does Loteo Work?

Users enter the lottery by purchasing single tickets for the LOTEO weekly lottery using the Ethereum cryptocurrency, or through a third party merchant. . Each Ethereum wallet address that has purchased
entry is then registered as a participant in the LOTEO weekly lottery. At a later date, LOTEO will add
a daily lottery governed by the same rules.
The weekly LOTEO lottery will be executed through a smart contract that will utilize a certified
random number generator (RNG). The pool for drawing will be created by another smart contract and
it consists only of lottery tickets (based on the Ethereum addresses of the entrees) instead of drawing
random numbers, therefore every drawing must have a winner.11
After the winner of the lottery is selected, a smart contract will send the prize automatically to the
appropriate Ethereum address(es). All code will be publicly visible on GitHub as well as on Etherscan.
The prize will be split in the following way:
• 75% for the lottery winner
• 20% for LOTES owners
each drawn prize will be redistributed to the owners of LOTES, in proportionality
to how many LOTES each user owns.
• wE purchased ticked of the user he registered

• 1% is given to a charity that is chosen by the LOTEO community. 

Advantage of Loteo Digital Era

•  A unique chance to buy LOTES security tokens and become a part of LOTEO, receiving ETHeach time the lottery is drawn.
•  20% of total prize pool are redistributed to the LOTES owners, based on how many LOTES each user has.
•  Governing rights to decision making (selection of charities, major changes in business model)
•  Accordingly to the lottery success, the value of LOTES will grow as well. 
•  Chances to Win Chances to win are much higher than in conventional lotteries because of our mechanism
• All transactions and prizes are viewable on the blockchain at all times.
• All the smart contract code for the weekly draws and random winner wallet address generation can be publicly viewed on GitHub

Information about Loteo Tokens

There are 2 kind of tokens: 
The Loteo Security token (LOTES) and the Loteo Utility token (LOTEU).

Lotes Security token


LOTES is a security token which is intended to be sold distinctly in private financing round (the STO). There won't be an open deal, for all speculation necessities The token awards proprietors a chance to benefit from being a piece of a lottery without playing in the sum 20% of each absolute value esteem. The LOTES are bolted for 15 months. The LOTES token additionally has an overseeing capacity, which means any critical change must be accomplished by accord.

Loteo Utility token


LOTEU is an utility token that will be utilized distinctly for showcasing purposes. For instance, you can twofold the opportunity of winning the lottery When you purchase an extra section into the lottery with 100 LOTEU, you twofold your odds of winning the lottery. It doesn't raise the prize, yet it builds your ticket number in the pool. There will be more airdrops of this token through LOTEO's showcasing accomplices, and there will be a lot more rivalries that will remunerate LOTEU. The LOTEU tokens will likewise be circulated through abundance battles by LOTEO's promoting plan.


Loteo Token Advantages

1. Hold Good Amount of loteo Token Chance to win lotery Basically, you can have a 20 Euro entry ticket for 10 Euros 

2. You can Using LOTEO Playing Game and and win some tokens

3.  One main advantage of lotoe token is Burning of Loteo

What its mean Burning of loteo?

On the 1st of June 2019, the LOTEO platform plans to hard launch. On the same day, the first burning process will be initiated. Every 3months, LOTEO will burn an additional 20% of all coins which will be returned to the LOTEO platform. What will happen to the remaining 80%? They will be redistributed to LOTEO users, to the top affiliate partners and as rewards for community members.

For more information You can visit Website
          (click on this link)


One Main Question Everybody having in Mind 

Solution

LOTEO is a fully automated lottery platform that uses blockchain and smart contracts to create a fully transparent and trustworthy lottery, where your chances are incomparably higher compared to conventional lotteries. There are several problems with ”classic” style lotteries, that we’ve addressed with LOTEO.

Trust
By being governed by smart contracts rather than governments or private individuals, the drawing process becomes automated and trustworthy.

Transparency
All transactions and prizes are viewable on the blockchain at all times.

Winning chance

Not at all like traditional lotteries where you wager against an obscure number of drawn numbers, in LOTEO you just wager against other bought tickets, a sum that is a few thousand times littler than the quantity of potential winning mixes in standard lotteries.

On account of the blockchain, the framework is straightforward and you can follow all exchanges. You get an opportunity to win everytime the lottery happens as you are just wagering against a specific number of members.

There are numerous issues with current blockchain-based computerized betting stages. They are regularly excessively convoluted, fit uniquely for crypto devotees, offering an unsophisticated structure that is neither appealing nor easy to use.

Roadmap

Website: https://www.playloteo.com
Telegram: https://t.me/loteomission
Twitter: https://twitter.com/loteomission
Facebook: https://twitter.com/loteomission
Instagram: https://www.instagram.com/loteomission
WhitePaper: https://www.playloteo.com/documents/loteo-wp-en.pdf

Username : gibzakhan123

Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2589178