Good news! Today added 100 000 $ to prizes!
https://image.ibb.co/friC9G/5345293a_aec8_4c87_a5ce_523fee0a0c0f.jpg
Topic: [ANN][ICO] Fire Lotto - International blockchain LOTTERY - page 71. (Read 13520 times)
Added localization and whitepaper in Brazilian (Portuguese) language https://firelotto.io/whitepaper_br.pdf
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http://image.ibb.co/mMqW3b/p6_Vuz_KIzp5g.jpg
Let's talk about the "Roger's wheel" lottery. At the moment it is under development and will very soon be added to the platform.
The Roger’s Wheel instant lottery is a mix between the traditional wheel of fortune and a slot machine. In this game, players can place bets ranging from 0,003 ETH (~USD 2.00) to 1 ETH (~USD 1,000.00) and choose a payout rate from 2 to 20, which will be used to multiply their winnings. Next, the player spins the wheel divided into 21 sectors with different payout rates on them. If the wheel stops at the player’s chosen rate, he or she will instantly have the winnings (the bet multiplied by the payout rate) transferred to their cryptocurrency wallet. The player can turn an unlimited number of Page 5 wheels in one game, which reduces the waiting time and increases the number of tickets bought by the player. The wheel rotates for 20–30 seconds. The randomness of the game is ensured by ETH blockchain-based RNG. Its description will be given later in the text.
The Roger’s Wheel instant lottery is a mix between the traditional wheel of fortune and a slot machine. In this game, players can place bets ranging from 0,003 ETH (~USD 2.00) to 1 ETH (~USD 1,000.00) and choose a payout rate from 2 to 20, which will be used to multiply their winnings. Next, the player spins the wheel divided into 21 sectors with different payout rates on them. If the wheel stops at the player’s chosen rate, he or she will instantly have the winnings (the bet multiplied by the payout rate) transferred to their cryptocurrency wallet. The player can turn an unlimited number of Page 5 wheels in one game, which reduces the waiting time and increases the number of tickets bought by the player. The wheel rotates for 20–30 seconds. The randomness of the game is ensured by ETH blockchain-based RNG. Its description will be given later in the text.
What happends to the FLOT that aren't sold during the pre-sale/ ICO's stage? Are you planning in burning tokens? Will the total supply be lower than 77mil?
all FLOT tokens on one account, in the end of ICO system allow all investors move tokens to their ERC-20 Ethereum wallets. Till the end of ICO FLOT tokens are frozen. 100 million FLOTS were issued. 77 mill for sale.
What happends to the FLOT that aren't sold during the pre-sale/ ICO's stage? Are you planning in burning tokens? Will the total supply be lower than 77mil?
You have listed an incredibly huge amount of work - some staff will be allocated to legalization of the product and obtaining licenses and permits? so You can work on a global scale you want to obtain multiple licenses, operations on exchange - in which countries do you plan to get a license? In which countries you are going to open offices? or you make an affiliate program?
The main is referal program and the formation of a network of distributors around the world
Ok what is the price per token right now?
Now it is 0.38$ till 15Feb
Ok what is the price per token right now?
When the first jackpot is paid out, there will be no money left in the prize
pool. How are you going to make payments after that? Will you have to suspend
the operation of the platform?
Each lottery has its own jackpot. The chances of paying all of them out at the same
time are extremely small. The probability of winning a 6/45 lottery jackpot is 1 to
8.15 million.
If somebody wins a jackpot, the new one will be formed using funds from
the reserve prize pool. The system is arranged in such a way that funds collected in
each drawing are used only in the next drawing. This means that the system
replenishes itself, has a reserve source of funding and will hardly ever have to face
lack of funds.
Also, as it has already been said, each jackpot has its own
cryptocurrency wallet which our team can replenish with extra funds if needed.
https://image.ibb.co/iELXPG/33659179.jpg
pool. How are you going to make payments after that? Will you have to suspend
the operation of the platform?
Each lottery has its own jackpot. The chances of paying all of them out at the same
time are extremely small. The probability of winning a 6/45 lottery jackpot is 1 to
8.15 million.
If somebody wins a jackpot, the new one will be formed using funds from
the reserve prize pool. The system is arranged in such a way that funds collected in
each drawing are used only in the next drawing. This means that the system
replenishes itself, has a reserve source of funding and will hardly ever have to face
lack of funds.
Also, as it has already been said, each jackpot has its own
cryptocurrency wallet which our team can replenish with extra funds if needed.
https://image.ibb.co/iELXPG/33659179.jpg
You have listed an incredibly huge amount of work - some staff will be allocated to legalization of the product and obtaining licenses and permits? so You can work on a global scale you want to obtain multiple licenses, operations on exchange - in which countries do you plan to get a license? In which countries you are going to open offices? or you make an affiliate program?
Hello) At the moment we have the jurisdiction of Cyprus, now we receive the jurisdiction of the island of Man. We want to make best product, please be patient and follow the news. 
You have listed an incredibly huge amount of work - some staff will be allocated to legalization of the product and obtaining licenses and permits? so You can work on a global scale you want to obtain multiple licenses, operations on exchange - in which countries do you plan to get a license? In which countries you are going to open offices? or you make an affiliate program?
In purposes of raising trust in our lottery, increasing a number of players and a possibility to raise fiat funds we had several successful consultations with the Isle of Man Gambling Supervision Commission. As a result, we received an affirmative statement about a possibility of getting the Online Gambling Regulation Act license for creating and holding internet gambling, including crypto lotteries with the right of acceptance of crypto funds and their free converting to traditional worlds currencies.
The fact of this license opens the following possibilities:
- legal transparency of our business;
- fiat funds acceptance from investors to our company account;
- usage of the traditional payment services to sell the Fire Lotto lottery tickets
(VISA, MasterCard, Qiwi, PayPal, WebMoney and etc.)
- increasing numbers of Fire Lotto players in the world.
Period of licensing is approximately 4-6 months.
The fact of this license opens the following possibilities:
- legal transparency of our business;
- fiat funds acceptance from investors to our company account;
- usage of the traditional payment services to sell the Fire Lotto lottery tickets
(VISA, MasterCard, Qiwi, PayPal, WebMoney and etc.)
- increasing numbers of Fire Lotto players in the world.
Period of licensing is approximately 4-6 months.
Funds raised in ticket sales will be allocated to the main and reserve prize pools. The bigger the prize pool, the more interesting it is to play the lottery. We aim to allocate at least 30% of the funds raised to the prize pools.
- 20% of the funds will be spent on software development and maintenance.
- 15% of the funds will be spent on legalizing the product and obtaining licenses and permits (for example, Isle of Man, Gibraltar, Curaçao gaming licenses) in order to be able to operate globally. We also need to obtain several licenses enabling us to conduct currency exchange operations (fiat to crypto) and give our users the opportunity to make deposits to and withdraw funds from their cryplocurrency wallets as well as play the lottery using fiat money.
- 5% of the funds will be spent on having our tokens listed on no fewer than three different exchanges.
- 30% of the funds will be spent on marketing and promoting the ICO and the product itself.
- 20% of the funds will be spent on software development and maintenance.
- 15% of the funds will be spent on legalizing the product and obtaining licenses and permits (for example, Isle of Man, Gibraltar, Curaçao gaming licenses) in order to be able to operate globally. We also need to obtain several licenses enabling us to conduct currency exchange operations (fiat to crypto) and give our users the opportunity to make deposits to and withdraw funds from their cryplocurrency wallets as well as play the lottery using fiat money.
- 5% of the funds will be spent on having our tokens listed on no fewer than three different exchanges.
- 30% of the funds will be spent on marketing and promoting the ICO and the product itself.
Dear friends! We hasten to inform you!
We make integration with payment services to buy tokens and lottery tickets from plastic cards.
https://image.ibb.co/g7gyWw/d26f5ced_3756_4d3d_b8ee_966bbe17fa00.jpg
We make integration with payment services to buy tokens and lottery tickets from plastic cards.
https://image.ibb.co/g7gyWw/d26f5ced_3756_4d3d_b8ee_966bbe17fa00.jpg
New video with our team member Maria: https://youtu.be/cqU_fNfeLkE
:
https://image.ibb.co/moe8UG/maxresdefault.jpg
This girl is too sexy, it's distracting investors ' attention on the face and body, until I watched this video - i was like in a fog, I completely forgot why I turned on this video, I think I even forgot that I'm an investor ) I think I still am in a state of hypnosis and her words still in my head - is it legal?: https://image.ibb.co/moe8UG/maxresdefault.jpg
You can subcribe in her instagram https://www.instagram.com/gdevkusno/Our lottery can make you happy!
New video with our team member Maria: https://youtu.be/cqU_fNfeLkE:
https://image.ibb.co/moe8UG/maxresdefault.jpg
This girl is too sexy, it's distracting investors ' attention on the face and body, until I watched this video - i was like in a fog, I completely forgot why I turned on this video, I think I even forgot that I'm an investor ) I think I still am in a state of hypnosis and her words still in my head - is it legal?: https://image.ibb.co/moe8UG/maxresdefault.jpg
You overstate
A pretty girl in an ad should attract more investors to the project. This is the whole scheme
This girl is too sexy, it's distracting investors ' attention on the face and body, until I watched this video - i was like in a fog, I completely forgot why I turned on this video, I think I even forgot that I'm an investor ) I think I still am in a state of hypnosis and her words still in my head - is it legal?
So please wait for audit we will place it in the General access and you will read
When it can be ready to read?Soon, we can not say the exact date yet. follow the news of the project.
So please wait for audit we will place it in the General access and you will read
When it can be ready to read?As I see , you make posts just to make reputation for the Newbie account.
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I agree except that maybe all source code analysis maybe should be done before hitting main net?
If you - after an audit - will discover problems in currently deployed smart contracts - what will you do? Will you deploy new, improved, much more tested versions?? What then with high amounts of ETH kept by current smart contracts?
[/quote]
What are your questions about?
You can see source code in GitHub.
Answered to all your questions.
You repeat same questions many times.
If your have question about the string in smart contract that you see on the GitHub, please ask.
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