it is noteworthy that in addition to the great opportunities to win, NeoGame also provides a forced distribution of the jackpot. Only here there are some difficulties: since the volume of tokens is very limited (this is only 500 million pieces), it is not necessary to allow the majority of tokens to be in the system.
why should this not be allowed? According to my assumptions, the entire prize pool will be equally distributed to all participants in the lottery. I have no other guesswork ...
Topic: [ANN][ICO]CLOSING THE PROJECT[NEOGAME.IO] - page 4. (Read 11051 times)
I read here a lot of information about the growth rate of the token and about the jackpot, but I can not understand where and how exactly the jackpot will be formed?
Well, it's very simple, to participate in the lottery, the user sends a token to the system and his own combination, which he considers advantageous. These are the tokens and will be the jackpot.it is noteworthy that in addition to the great opportunities to win, NeoGame also provides a forced distribution of the jackpot. Only here there are some difficulties: since the volume of tokens is very limited (this is only 500 million pieces), it is not necessary to allow the majority of tokens to be in the system.
why should this not be allowed? According to my assumptions, the entire prize pool will be equally distributed to all participants in the lottery. I have no other guesswork ...
I read here a lot of information about the growth rate of the token and about the jackpot, but I can not understand where and how exactly the jackpot will be formed?
Good day to all members of the community! How do you think will this project somehow affect the gambling industry?
Of course, anyway this project will lead the industry to the non-profit model and by removing intermediaries change the rules
it is noteworthy that in addition to the great opportunities to win, NeoGame also provides a forced distribution of the jackpot. Only here there are some difficulties: since the volume of tokens is very limited (this is only 500 million pieces), it is not necessary to allow the majority of tokens to be in the system.
I would like to know a bit more about this non-profit model, because if the platforms has developers it means that the system will make money for those who hold it.
The project team does not claim any ownership rights over Neogame. After the project is launched, the lottery will belong to the public: lottery players' and token holders' community.
Good day to all members of the community! How do you think will this project somehow affect the gambling industry?
I would like to know a bit more about this non-profit model, because if the platforms has developers it means that the system will make money for those who hold it.
The project team does not claim any ownership rights over Neogame. After the project is launched, the lottery will belong to the public: lottery players' and token holders' community.of course, it is. The only way to get tokens from a smart contract is to participate in the draw. Considering that they are held weekly, you have a high probability of getting this jackpot, having guessed the winning combination.
tell me how accurately I understood the lottery algorithm and correct me where it is needed. You must first purchase a lottery ticket, the role of which is performed by the token. Then send it to the system, and you must specify a combination of numbers. By this you confirm that you are participating in the draw. did I say all right?Good day to all members of the community! How do you think will this project somehow affect the gambling industry?
Of course, anyway this project will lead the industry to the non-profit model and by removing intermediaries change the rulesof course, it is. The only way to get tokens from a smart contract is to participate in the draw. Considering that they are held weekly, you have a high probability of getting this jackpot, having guessed the winning combination.
tell me how accurately I understood the lottery algorithm and correct me where it is needed. You must first purchase a lottery ticket, the role of which is performed by the token. Then send it to the system, and you must specify a combination of numbers. By this you confirm that you are participating in the draw. did I say all right? Good day to all members of the community! How do you think will this project somehow affect the gambling industry?
Of course, anyway this project will lead the industry to the non-profit model and by removing intermediaries change the rules agree. But in this case, as I understand it, a completely different algorithm is used. More precisely, it uses a smart contract, which spelled out the entire algorithm of the lottery process. he is also responsible for the winnings, if I am not mistaken.
you're not mistaken. Here, by the way, the answer to your question regarding the non-profit model. This means that the algorithm, which is registered in the smart contract, is honest and provides for making profit only for the participants. There are no organizers here, therefore, the profit will be distributed only between the participants. it's great, right? 
But how can ordinary users be sure that they will not be able to bar the amount that was collected during the crowdsale?
Because the smart contract is written in such a way that it will be impossible to do. It has public access and everyone who wants can check and make sure of it.I do not even know how to answer on this question, because it is a bit ridiculous. May be your country just wants less people to be involved in this activity. For example, in some countries all these games are absolutely illegal, but it is allowed in some administrative regions
I haven’t ever heard anything like that and would be very glad if you provide any exampleBut how can ordinary users be sure that they will not be able to bar the amount that was collected during the crowdsale?
Because the smart contract is written in such a way that it will be impossible to do. It has public access and everyone who wants can check and make sure of it.agree. But in this case, as I understand it, a completely different algorithm is used. More precisely, it uses a smart contract, which spelled out the entire algorithm of the lottery process. he is also responsible for the winnings, if I am not mistaken.
you're not mistaken. Here, by the way, the answer to your question regarding the non-profit model. This means that the algorithm, which is registered in the smart contract, is honest and provides for making profit only for the participants. There are no organizers here, therefore, the profit will be distributed only between the participants. it's great, right? But how can ordinary users be sure that they will not be able to bar the amount that was collected during the crowdsale?
Because the smart contract is written in such a way that it will be impossible to do. It has public access and everyone who wants can check and make sure of it.
I do not even know how to answer on this question, because it is a bit ridiculous. May be your country just wants less people to be involved in this activity. For example, in some countries all these games are absolutely illegal, but it is allowed in some administrative regions
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