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Topic: [ANN] LOTEO - Digital Era Lottery | Lottery needs a revolution! - page 3. (Read 2611 times)

full member
Activity: 434
Merit: 102
Yo there, I'm curious about the doubling per 100 LOTEU, is that (1) only affect the base bet or (2) accumulative:
For example supposed the base bet 1/100 + 500 LOTEU, is it:
(1) 1/100 * 2 * 5 = 10/100, or
(2) 1/100 * 2^5 = 32/100, or else?

Thanks!
Isn't accumulative, double chance based on the number of tickets you buy, if you buy 3 tickets then you can only use 300Loteu. Basically, you can have 6 entry tickets for 3 tickets.

More information about double chance and loteu:
https://medium.com/loteo/unique-token-structure-a356d43c6fe2
682 EURO held at Loteo lottery, it already indicates that this project really wants to attract the attention of investors and traders,
we'll see when Loteo enters the market,
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
Yo there, I'm curious about the doubling per 100 LOTEU, is that (1) only affect the base bet or (2) accumulative:
For example supposed the base bet 1/100 + 500 LOTEU, is it:
(1) 1/100 * 2 * 5 = 10/100, or
(2) 1/100 * 2^5 = 32/100, or else?

Thanks!
Isn't accumulative, double chance based on the number of tickets you buy, if you buy 3 tickets then you can only use 300Loteu. Basically, you can have 6 entry tickets for 3 tickets.

More information about double chance and loteu:
https://medium.com/loteo/unique-token-structure-a356d43c6fe2
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
Yo there, I'm curious about the doubling per 100 LOTEU, is that (1) only affect the base bet or (2) accumulative:
For example supposed the base bet 1/100 + 500 LOTEU, is it:
(1) 1/100 * 2 * 5 = 10/100, or
(2) 1/100 * 2^5 = 32/100, or else?

Thanks!
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
New appearance on Moon Of Fortune
PLAY & WIN & EARN


https://www.playloteo.com/moon-of-fortune

legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v



ATHE LOTEO MOONTHLY CAMPAIGNSA

Special Bonus for purchasing LOTEOPASS from 1st to 31st of July,
will receive free entry for the Daily LOTEU Lotery until the end of the year 2019,
Double chance is still valid and also access to Space Program + VIP Status


ALOTEO MISSION TO THE MOONA

Special promotion for Loteu Holder,
this month coincided with the Apollo 11 flight reached the Moon on the 20th of July 1969,
Loteo held a celebrated award for Loteu holders
at least 50k LOTEU in their wallet on the platform
Duration 16th to 20 of July 2019
how much is the reward? will be surprised Tongue



Source info: medium.com
staff
Activity: 1718
Merit: 1206
Yield.App
AMA Recap:

1. New Exchange for LOTEU (hype!)
2. New games for LOTEU
3. Gas Fee will be reduced
4. Airdrop is over, distribution starts yesterday (01/07) and hope to be 100% done today.

The exchange for LOTEU is quite big, you'll know Tongue
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
Weekly Lottery update,
1 day left before the draw and already collected 3.35ETH so far
are you the next winner?
copper member
Activity: 29
Merit: 0
Today, our exchange partner, Eterbase, has proudly announced that they have enabled IBAN/SEPA Payments feature which brings FIAT into the exchange. With that being said, soon everyone can trade LOTEU against EURO!

legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
~snip~
So now it has only been burned 5,000,000 OEOs and then in the quarter it burned 100 million?

If you can stabilize the price of food, it will be better in the future.
Here are some of the benefits of Loteu token,
and also on the schedule they will burning every 3 months

staff
Activity: 1718
Merit: 1206
Yield.App
I hope the development of Loteo in the future will be as successful as its sales and Loteo can soon enter various exchanges

You'd be surprised. Just wait.

Quote
5,000,000 tokens will be burned, will it be enough to help stabilize prices later?

There will be a quarterly burning event which will bring down the total amount of the tokens to 100 Million only.

So now it has only been burned 5,000,000 OEOs and then in the quarter it burned 100 million?

If you can stabilize the price of food, it will be better in the future.

If you take a look at this article: https://medium.com/loteo/unique-token-structure-a356d43c6fe2 we know that 400 Million is the total supply of the LOTEU tokens. Every quarter, Loteo will burn 20% of any LOTEU tokens used  in the platform, until the total supply reach the final number of 100 Million.



Also don't forget that LOTEU is now listed on eterbase.exchange and the team will support the price.
sr. member
Activity: 2268
Merit: 275
If I see the results, in my opinion the OEO runs smoothly and can be said to be successful because LOTEO sold 34,000,000 of course it is a big number
I hope the development of Loteo in the future will be as successful as its sales and Loteo can soon enter various exchanges

You'd be surprised. Just wait.

Quote
5,000,000 tokens will be burned, will it be enough to help stabilize prices later?

There will be a quarterly burning event which will bring down the total amount of the tokens to 100 Million only.

So now it has only been burned 5,000,000 OEOs and then in the quarter it burned 100 million?

If you can stabilize the price of food, it will be better in the future.
staff
Activity: 1718
Merit: 1206
Yield.App
If I see the results, in my opinion the OEO runs smoothly and can be said to be successful because LOTEO sold 34,000,000 of course it is a big number
I hope the development of Loteo in the future will be as successful as its sales and Loteo can soon enter various exchanges

You'd be surprised. Just wait.

Quote
5,000,000 tokens will be burned, will it be enough to help stabilize prices later?

There will be a quarterly burning event which will bring down the total amount of the tokens to 100 Million only.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
If I see the results, in my opinion the OEO runs smoothly and can be said to be successful because LOTEO sold 34,000,000 of course it is a big number
I hope the development of Loteo in the future will be as successful as its sales and Loteo can soon enter various exchanges
5,000,000 tokens will be burned, will it be enough to help stabilize prices later?
hero member
Activity: 938
Merit: 500
OEO on Eterbase will be completed on June 26, More than 45% of the 40 million tokens have been sold
what are you waiting for? Cheesy

Waiting for the good news after the sale at Eterbase is very good and Loteo hopes to soon enter another exchange.

OEO has been finished, here's the result:

Code:
40,000,000 LOTEU available
34,000,000 LOTEU sold
5,000,000 LOTEU will be burned
1,000,000 LOTEU will be airdropped to XBASE holder.
If I see the results, in my opinion the OEO runs smoothly and can be said to be successful because LOTEO sold 34,000,000 of course it is a big number
staff
Activity: 1718
Merit: 1206
Yield.App
OEO on Eterbase will be completed on June 26, More than 45% of the 40 million tokens have been sold
what are you waiting for? Cheesy

Waiting for the good news after the sale at Eterbase is very good and Loteo hopes to soon enter another exchange.

OEO has been finished, here's the result:

Code:
40,000,000 LOTEU available
34,000,000 LOTEU sold
5,000,000 LOTEU will be burned
1,000,000 LOTEU will be airdropped to XBASE holder.
sr. member
Activity: 2268
Merit: 275
OEO on Eterbase will be completed on June 26, More than 45% of the 40 million tokens have been sold
what are you waiting for? Cheesy

Waiting for the good news after the sale at Eterbase is very good and Loteo hopes to soon enter another exchange.
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
OEO on Eterbase will be completed on June 26, More than 45% of the 40 million tokens have been sold
what are you waiting for? Cheesy
sr. member
Activity: 2268
Merit: 275
It's getting near. This week everyone can play with LOTEU tokens. How? Just see in a couple of days Tongue

I'm also waiting this week to want to play Loteu and whether this will be interesting to me, Cheesy
Not only are you waiting but we all seem to be waiting for that too, so I don't think there is any doubt that it will be interesting, the most important thing is to keep up with the progress

I always follow developments from LOTEO they are very active in giving their announcements, often I monitor their social media.
member
Activity: 349
Merit: 10
THE LOTEO WEEKLY DEV REPORT — WEEK 24.
https://medium.com/loteo/the-loteo-weekly-dev-report-week-24-f6536dc13d9c

- released new Affiliate program with Premium and Affiliate line
- released VIP program
- multiple UI enhancements
- multiple fixes and refactoring on MoF and Affiliate subpages
- 3 new team members added
- withdraw and deposit of LOTEU enabled
- many affiliate distributions been refactored to synchronised atomic operations
- better caching of data for affiliate distributions
- Loteopass further testing
staff
Activity: 1718
Merit: 1206
Yield.App


It's Monday and the pot already grow to almost 2 ETH at the moment. Can we pass 6 ETH on Sunday? You decide!
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