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Topic: [ANN][ICO]CLOSING THE PROJECT[NEOGAME.IO] - page 33. (Read 11112 times)

newbie
Activity: 26
Merit: 0
I’m wondering if there will be any beta testing of the final version of the application and the smart contract. Because a lot of people will take part in the lottery and it is necessary that everything works perfectly.

The site says that the application that they will submit at the end of November will be tested on the test network ethereum. A pre-release version of the smart contract will also be presented.
newbie
Activity: 28
Merit: 0
I understand there should be some kind of application that will ensure the work of the lottery and through which users will be able to send their combination, right?

The lottery will provide a smart contract. The application for users and lottery players will be available before the launch of the first lottery.
And I read in white paper what exactly a decentralized application will support the smart contract and ensure the work of the entire lottery, isn't it?
brand new
Activity: 0
Merit: 0
And what will happen if all of a sudden the winners of those who have indicated the only correct combination do not turn out? Who will then get the jackpot?

As far as I understand, if in the system there was not a single participant who indicated the correct combination for winning the jackpot, then the participants are playing who have indicated a close combination to the winning one.
newbie
Activity: 26
Merit: 0
If neogame is a lottery, it will happen only once or there is special cycle?
by itself, this lottery occurs cyclically, it would be strange to become an investor and spend big money for the sake of one chance to win
In this case there is a problem - if someone wins the lottery and sells all the jackpot tickets the price will be dropped
the team of developers though this side in advance too, if you have a lot of tickets can sell them by portions and earn more money - everything is simple
I appreciate that everything is clear and right in this project, it means that the team of developers knows how to implement this project and what should be done for it
newbie
Activity: 26
Merit: 0
If neogame is a lottery, it will happen only once or there is special cycle?
by itself, this lottery occurs cyclically, it would be strange to become an investor and spend big money for the sake of one chance to win
In this case there is a problem - if someone wins the lottery and sells all the jackpot tickets the price will be dropped
brand new
Activity: 0
Merit: 0
I also do not quite understand the winner will be one in the end? or will there be several winners? And what will happen if several players indicate the winning combination?

If several people indicate the winning combination, then the jackpot goes to the one who did it first, the blockchain will record the exact time of participation.
In principle, this is logical, but how exactly will this winning combination be generated? What exactly will it depend on?

The source of random variables for the drawings is the hash of the broadcast network. To avoid possible fraud by the method of advancing transactions (front-running), not one is used, but a sequence of hashes.
newbie
Activity: 28
Merit: 0
I understand there should be some kind of application that will ensure the work of the lottery and through which users will be able to send their combination, right?
newbie
Activity: 28
Merit: 0
There are always some risks when we talk about investments into ico, cryptocurrencies are undstable for today. The situation can become less tough in winter, but i can not be sure for 100%
I remain of the view that the conditions of the market sometimes can be brought out. If the project has good potential and investors see it, the fund-raising campaign will be sucessfull
If we would have a talk this way, neogame has a lot of advantages that can be offered to the whole industry. It happened so that blockchain is very suitable to the gambling industry
A completely agree with you. I think that blockchain transparency and fair game are synonyms. There is a high time to get a lot of profits from investments into this project
brand new
Activity: 0
Merit: 0
How this project is going to enter the market of China, i do not understand, plese explain me
Gambling in China is officially illegal under Chinese law. In practice, however, Chinese people can participate in state-run lotteries and engage in legal gambling in the special administrative regions of Hong Kong and Macau
Why is that? This regions have some special rules? Chinese legal system is very strict towrds gambling
Thier legal systems resemble those of European countries which formerly administered those regions
this is very uncommon situation, I think that it can lead to complete repeal of this prohibition act
May be all the thing (I mean the gambling sphere) will become more clear and trnsparent and it will change the law
Blockchain will change a lot of things and gambling is just another sphere, i was wonedered by the idea of the team
brand new
Activity: 0
Merit: 0
I also do not quite understand the winner will be one in the end? or will there be several winners? And what will happen if several players indicate the winning combination?

If several people indicate the winning combination, then the jackpot goes to the one who did it first, the blockchain will record the exact time of participation.
newbie
Activity: 26
Merit: 0
If neogame is a lottery, it will happen only once or there is special cycle?
newbie
Activity: 26
Merit: 0
Hello one more time, guys. What can be said about non-profit model of gambling what is that?
Oh, its you again Cheesy It happened a bit faster that i could even expect from you. Whitepaper gives clear information about this model, as for me
Yeah, i got a look at the wp and rapidly formed a question. I think it is much better to clarify something in a talk that to read wp
Ok, non-profit model as far as i understand was created not by the team, but neogame realised that it can be implemented in gambling industry and change it
I saw the text that this model will replace all the existing online gambling services, but what exactly does this model do?
The non-profit model means that neogame will replace all the hosts and intemediaries. Non of the future casinos and online gambling services will work for the hosts profit
Unbelievable! I suppose that the contribution of thi project to the whole industry will bring more trust to the blockchain technology too
Blockchain give resources and extends boarders of mids, then some people, as the neogame team create new ideas and concepts applicable to our reality
newbie
Activity: 28
Merit: 0
There are always some risks when we talk about investments into ico, cryptocurrencies are undstable for today. The situation can become less tough in winter, but i can not be sure for 100%
I remain of the view that the conditions of the market sometimes can be brought out. If the project has good potential and investors see it, the fund-raising campaign will be sucessfull
brand new
Activity: 0
Merit: 0
How this project is going to enter the market of China, i do not understand, plese explain me
Gambling in China is officially illegal under Chinese law. In practice, however, Chinese people can participate in state-run lotteries and engage in legal gambling in the special administrative regions of Hong Kong and Macau
Why is that? This regions have some special rules? Chinese legal system is very strict towrds gambling
Thier legal systems resemble those of European countries which formerly administered those regions
this is very uncommon situation, I think that it can lead to complete repeal of this prohibition act
newbie
Activity: 26
Merit: 0
Hello one more time, guys. What can be said about non-profit model of gambling what is that?
Oh, its you again Cheesy It happened a bit faster that i could even expect from you. Whitepaper gives clear information about this model, as for me
Yeah, i got a look at the wp and rapidly formed a question. I think it is much better to clarify something in a talk that to read wp
Ok, non-profit model as far as i understand was created not by the team, but neogame realised that it can be implemented in gambling industry and change it
I saw the text that this model will replace all the existing online gambling services, but what exactly does this model do?
The non-profit model means that neogame will replace all the hosts and intemediaries. Non of the future casinos and online gambling services will work for the hosts profit
brand new
Activity: 0
Merit: 0
And what exactly are the rules of this game? How to play? I mean exactly what is required of the players to take part.

The rules of the game are similar to the most popular lottery in the world - Powerball, while the probability of winning the jackpot is increased many times due to the reduced number of possible combinations.
And what is the mechanics of the game, what are the combinations? I just do not understand exactly how it all works, and what exactly is a lottery ticket.

Okay, it's simple. To take part you need to send a certain number of tokens that go to the jackpot fund, then you need to decide on the combination and indicate this together with the transfer.
So what will happen next? When I can find out whether I won or not, and the likelihood that I will win, it will depend on the number of participants in the lottery, right?

Obviously, to find out whether you won or not will be obtained only at the end of the lottery, respectively. I do not know exactly how the probability of winning is calculated, but obviously, yes, it will depend on the number of players.
newbie
Activity: 26
Merit: 0
Hello one more time, guys. What can be said about non-profit model of gambling what is that?
Oh, its you again Cheesy It happened a bit faster that i could even expect from you. Whitepaper gives clear information about this model, as for me
Yeah, i got a look at the wp and rapidly formed a question. I think it is much better to clarify something in a talk that to read wp
Ok, non-profit model as far as i understand was created not by the team, but neogame realised that it can be implemented in gambling industry and change it
newbie
Activity: 28
Merit: 0
I have read that there is three functions of the lottery ticket Who can explain it to me?
Good question, but there is nothing complicated ideas - there are 3 functions: a lottery ticket, an asset making up part of the prize pool, a tradable cryptoasset
I know this, but i did not understand the major part of it, could you please give me more detailed information?
As a lottery ticket - gambler buys tokens, chooses a combination of numbers with a help of a decentralised application, and sends tokens to the lottery smart contract.  An asset making up part of the prize pool. The prize pool consists of tokens, and all prizes are denominated in TKT. The prize pool is volatile to the same extent as the tokens themselves.
You have given information about only two types or i have misunderstood something?
Or, I am so sorry I missed that information accidentally  the third is tradable cryptoasset with predictable exchange-rate fluctuations. TKT will be listed on cryptocurrency exchanges, and its value is expected to be volatile and subject to the effects of traceable factors Token
Hmmm, a lot of functions are performed by the token (it is fine for  new platforms) And how can i get these tickets?
Crowdsale is to be opened 31 October (just in four days0. It is a good chance to buy tokens with large discount, don't miss your chance for prosperous future
newbie
Activity: 26
Merit: 0
Hello one more time, guys. What can be said about non-profit model of gambling what is that?
Oh, its you again Cheesy It happened a bit faster that i could even expect from you. Whitepaper gives clear information about this model, as for me
newbie
Activity: 28
Merit: 0
I have read that there is three functions of the lottery ticket Who can explain it to me?
Good question, but there is nothing complicated ideas - there are 3 functions: a lottery ticket, an asset making up part of the prize pool, a tradable cryptoasset
I know this, but i did not understand the major part of it, could you please give me more detailed information?
As a lottery ticket - gambler buys tokens, chooses a combination of numbers with a help of a decentralised application, and sends tokens to the lottery smart contract.  An asset making up part of the prize pool. The prize pool consists of tokens, and all prizes are denominated in TKT. The prize pool is volatile to the same extent as the tokens themselves.
You have given information about only two types or i have misunderstood something?
Or, I am so sorry I missed that information accidentally  the third is tradable cryptoasset with predictable exchange-rate fluctuations. TKT will be listed on cryptocurrency exchanges, and its value is expected to be volatile and subject to the effects of traceable factors Token
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