Topic: [ANN][ICO] Fire Lotto - International blockchain LOTTERY - page 13. (Read 13518 times)

We very much hope for the activity of the Russian-speaking community on the beatlock and the support of the project. If everyone writes something good about the project or simply refutes the negative on us, the Scammers will understand the meaninglessness of their actions and stop interfering with the development of the project. As you can see, they do not stick here in the branch.
The success of the project, the size of the prize pool and the final price of the token depends on each owner of the token - he is the co-owner of the first fully decentralized international and already running lottery.

Thank you all in advance

Hey quiet admins, just like everybody else I can also hardly wait for the big announcement that's going to answer any and all questions and take away the doubts. Perhaps even convert the "scammer" Dream Team to FireLotto believers that toe the party line.

Now that said, could you tell me if there's a vesting schedule for team tokens? Releasing all those babies at once might overwhelm your Russian code monkeys! 

Yes, the idea of an internet lottery is quite a good concept, a very popular concept that is being developed left, right and center.

I wouldn't call it brilliant though and this particular implementation reeks rather a lot of TrueFlip (TFL), FireLotto could even be a clone. It might be interesting to compare the underlying source code for both projects, if they'd let us.

Something "cannot" be a scam if there is some kind of working product?? That's very strange reasoning, it would still be very easy for you to abandon the project as soon as the ico has been completed, or change the FireLotto code and stop paying commission, while letting the lottery continue.

It's because you control the lottery, it's called CENTRALIZED control.

Great job mate. Stealing and scamming is nothing new for Fire Lotto team members. They are professionals in that field...

So what? I was looking for a short whitepaper in that thread.. The problem of scammers and fucking clueless dickheads like you is, that you can't find anything illegal or bad in my profile and in my posts history. I was exposing scammers from the very beginning of my registration on this forum. Bitconnect, Deeponinon, Ethconnect, Worldcore, Lendconnect and many others. Now I've exposed Fire Lotto and believe me, I will find many more scams, because now days the crypto market became a holy grail for scammers. So, I can only recommend you go and fuck yourself up your scammy ass, together with Fire Lotto scammers. Cheers.

about mosprognoz 

read this  https://bitcointalksearch.org/topic/m.24906377

really trustworthy person

Tommy Cash. You asked me the exact same question. I think it is quite obvious by now why some of us a zealous negative attitude. I was one of those 5000 people who believed and supported this project. I invested, asked some questions and then got promoted to your scam team member list. I no longer believe in the project. Why do you continue to insist that we explain ourselves? Would it not be better to simply address all these negative comments one by one and show indisputable proof that we are wrong in our accusations.

You call me a scammer. I sent you screenshot showing I am an investor. You say screenshot is faked. I post a picture then which can not possibly be faked. Then you have no more comment regarding accusation against an investor except to change his name on list to another name that you make up by way of your amazing 'editing of nickname' skills.
Why keep playing this silly game of clouding the real issues here. You, as the admin have done an extremely poor job of addressing questions put forth by both investors and others. You only complicate the level of distrust further by answering lies with yet more lies.

So on Monday, you plan to make important announcement which I assume will be astonishing testament of how real and trustworthy this project is. Please don't post a picture of Roman Demidov, standing on a podium at some trade convention; it doesn't work anymore. Bring us an announcement with hard facts that support transparency.

Perhaps Demidov, can create another video for Youtube, in which he acknowledges the lack of trust around the project and bolster confidence that all these issues are being addressed.

Dear Gorbal, please, explain your so zealous negative attitude to the project during the ICO period? After the information about extortionists and scammers terrorizing our project was published. Where were you before and why did not you "defend the truth" for preico? More than 5,000 people believe and support our ALREADY implemented and working lottery, and while persecuting your mercantile unfair interests, you are convinced that they are mistaken. 1 to 5000 and precisely during the ICO period. It does not look convincing. Thank you for advertising.

A bit shady? They have a fake advisors on their website. They changed their address 3 times and almost all team members were involved in a scam called cashpokerpro. Are they still "a bit shady" for you?


Can't wait for another lies and bullshit...


More ideas how to scam people?

Thank you! We have more ideas.Working on it.

FireLotto cannot be a scam just because it has a working product already. And there are few things to be done - fulfill 500 Eth to prize fund and lust on exchanges. Then we will work on integration of affiliate companies and making more lottery games.

On Monday we will make an official announcement and provide community with all info

i second this... the team does seem a bit shady, but the product DOES actually work. the idea is brilliant. if the contract works the way it is intended to, the project will sustain itself, which is the most important part of the equation. The team is not helping itself by not being as transparent as they could be; especially during the ICO stage, where investor confidence is key. i'm still a believer in the project and have invested in the ICO. I, sincerely, hope that the team will get their shit together and make this work.

its a simple yet brilliant concept!

Dude.. I already exposed and kicked out from this thread the army of paid shills that were shilling for this scam https://bitcointalksearch.org/topic/m.32799244 Now I'm forced to kick out out another paid shill (YOU) a fucking noob (bought account) with only 6 post in his profile, who is trying to defend Fire Lotto scam with his low quality shitposting   https://bitcointalksearch.org/user/hero101-1615896

Now lets move to Fire Lotto scammers. We did not receive a single answer about countless scam accusations https://bitcointalksearch.org/topic/m.32376201 https://bitcointalksearch.org/topic/m.32910055 https://bitcointalksearch.org/topic/m.32669598

The only answer is ALL OF YOU ARE SCAMMERS ! Now there are 8 (eight) forum members accused of being scammers and extortionists https://bitcointalksearch.org/topic/m.32916850  Anyone can join this list (Just post a negative comment about Fire Lotto in this thread or ask them any uncomfortable question....) All that tons of extortion letters are fake and designed only to mislead investors and avoid questions about scam accusations. Nobody asked them for a single penny in this thread and nobody will ask for money via email, knowing that any letter can be screanshoted!!! I'm planing to open a scam accusation thread about this scammy ICO.  

 

the best answer for kruglikov, Gorbal, atenolol, fiaggin, Mosprognoz, FLOTS(C)AM !!!

FLOTS(C)AM, indeed, I do not understand html code. But if I did, I'd probably draw the same conclusion that I'm getting ripped off. If anything I can look at this as a learning experience and have some better insight as to what to look for if I decide to make any future investments.

I'm sure that someone could take all the information from this thread and develop a good board game that could provide players with hours of fun entertainment; the objective being to outsmart the Russian scammers.

At this point, there is nothing left that the Fire Lotto team can say or do to build my confidence in the project. Seems all any of us can do is wait for the ICO to finish.

Another beauty from the FireLotto White Paper:

Yield per token is 3.20 U.S. cents from each 16 million tickets sold, which is more than 20% per annum of the amount of
funds invested in Fire Lotto tokens.

Sounds great, but is it really that good? First of all, let's assume they will actually sell 16 million tickets per year (~nearly 44000 per day, currently after being active for more than 2 months: less than 400).

I paid USD 0.38 for my FLOTS, assuming a return of 3.2 US cents per year that would be 0.032/0.38*100 = 8.42%

Looking at the increasing cost of the tokens, that yield is only going to get lower:

2. How much will one token cost?
15 March 12.00 UTC - 21 March 12.00 UTC - 0.50 $ - Annual yield 6.40%
21 March 12.00 UTC - 27 March 12.00 UTC - 0.60 $ - Annual yield 5.33%
27 March 12.00 UTC - 2 April 12.00 UTC - 0.70 $ - Annual yield 4.57%
02 April 12.00 UTC - 08 April 12.00 UTC- 0.80 $ - Annual yield 4.00%
08 April 12.00 UTC - 15 April 12.00 UTC - 0.90 $ - Annual yield 3.56%

The only way you could achieve 20% with 16m tickets sold is if you paid USD 0.16 for your tokens, but who paid that?

This is even an updated version, the old version of the white paper stated: "Yield per token is 1.60 U.S. cents from each 16 million tickets sold, ..." So the white paper was updated but they don't use any version management, they still pretend it was written in January.

As for the advertising campaign they keep mentioning, nobody has seen any advertising, the only thing they do is go to trade fairs (which is great) and they have the referral campaign (15% of ticket sales). There doesn't appear to be another advertising campaign pulling in 40+ thousand gamblers per day. All they say is soon, it will happen soon, after ico, after a few months, etc.

I asked them about these calculations, that 20% was a bogus percentage and they couldn't really deny that my figures are correct. Yet, no changes were made. They might as well pretend that they're going to sell 100 million tickets per year, works wonders for the return on investment.

I really thought I signed up for something new, something that would change things, finally I would be on the side of the lottery that always wins, unfortunately I'm now financially linked up with these rude Russian clowns.

Focus more on the positives, answer any and all questions and take away people's doubt. I think you're underestimating how you are feeding the negative thoughts surrounding this project with the strange personal attacks (black PR, paid shills etc). Just address the outstanding issues, clarify the 3 addresses, clarify the adviser issue, back up more statements like "4 months until gaming licence".

Another dodgy example from the WP:
12. How much will your tokens cost in the future?
Token prices are influenced by many different factors, including political and economic ones. We can compare our product with TrueFlip, an online lottery that is already operating. If you look at the diagram below, you will see that the average price of the TFL coin (True Flip lottery) is about USD 1.00 (USD 1.05 as of October 20, 2017), (USD 3.29 as of January 07, 2018).
[TrueFlip charts]
We believe that the price of the Lotto token will exceed USD 1.00.

ICO's rarely make price predictions for after their ICO, prices are made by markets, not by the ICO team. Your claim of a USD 1 valuation is based on TrueFlip being worth USD 1. But you're forgetting one very important issue here, TrueFlip's total supply of tokens is under 9 million, circulating supply under 7 million. So by your reasoning, since TrueFlip is worth ~USD 9 millioni in total, so should FireLotto, since it's such a similar company. So a total valuation of USD 9 million, divided by the total token supply of FireLotto of 100 million tokens, meaning an estimated price per token of USD 0.09.

That piece of information should never have been allowed into the white paper in the first place. It's incorrect, misleading and based on thin air.

PS This is one of the things I wanted answers to in the Telegram channel, after I got banned there (after getting no answers) I opened an account here. And I don't speak Russian, btw.

I think Gorbal also posts in Russian on the Russian thread, flaggin is a bit a-technical in that he doesn't understand html code and we all post throughout the day, possibly indicating we're in very different time zones. The language we use is very different. It's a bit like saying all people supporting this project are really only one person.

So once again: Show us the evidence.

PS I am an actual investor in FireLotto, which is why I care. Since flaggin already proved that showing you a screen print of an investor page doesn't convince you lot ("probably downloaded from the internet"), you're just going to have to take my word for it. You can check all my posts, I - as opposed to quite a few "admins" here - haven't told a single lie.