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Topic: [ANN][ICO]CLOSING THE PROJECT[NEOGAME.IO] - page 84. (Read 11082 times)

newbie
Activity: 42
Merit: 0
October 13, 2018, 01:10:42 PM
And how can such a project be completely autonomous and not managed by anyone? I may simply not understand enough, but it’s written on their website and it’s interesting to me how this is possible.

Well, it's just a smart contract that is written by programmers in such a way that no one has access to the token bank and no one can influence the algorithm.
Interestingly, that is, there is no backdoor for the developer of this contract to transfer a part of the tokens calculated for the jackpot?

Even if it existed, it would be found in the code, because a smart contract is available to all users and anyone can get acquainted with it and check how it works. If you of course have some knowledge.
newbie
Activity: 14
Merit: 0
October 13, 2018, 01:04:59 PM
And how can such a project be completely autonomous and not managed by anyone? I may simply not understand enough, but it’s written on their website and it’s interesting to me how this is possible.

Well, it's just a smart contract that is written by programmers in such a way that no one has access to the token bank and no one can influence the algorithm.
Interestingly, that is, there is no backdoor for the developer of this contract to transfer a part of the tokens calculated for the jackpot?
newbie
Activity: 42
Merit: 0
October 13, 2018, 01:00:07 PM
And how can such a project be completely autonomous and not managed by anyone? I may simply not understand enough, but it’s written on their website and it’s interesting to me how this is possible.

Well, it's just a smart contract that is written by programmers in such a way that no one has access to the token bank and no one can influence the algorithm.
newbie
Activity: 14
Merit: 0
October 13, 2018, 12:50:00 PM
And how can such a project be completely autonomous and not managed by anyone? I may simply not understand enough, but it’s written on their website and it’s interesting to me how this is possible.
newbie
Activity: 14
Merit: 0
October 13, 2018, 12:03:03 PM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
The supply is 500 million tokens, and the team will do their utmost to increase value of these tokens. When tokens value grows, the prize fund grows proportionally.
Oh, I see that if someone will predict the moment, very big money can be earned. If the system is be fair , there will be good chance for everyone!
If token value increases in future, the size of jackpot size will be very big! I  think it is worth investing in this project on the initial stages to get more tokens
I agree with you, because then you will have more chances to win jackpot, because you will have more tickets
  Everything is always good on paper and there are always some problems when project is put into practice, I do not say that project will not be implemented – mistakes are inevitable
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:58:57 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
The supply is 500 million tokens, and the team will do their utmost to increase value of these tokens. When tokens value grows, the prize fund grows proportionally.
Oh, I see that if someone will predict the moment, very big money can be earned. If the system is be fair , there will be good chance for everyone!
If token value increases in future, the size of jackpot size will be very big! I  think it is worth investing in this project on the initial stages to get more tokens
I agree with you, because then you will have more chances to win jackpot, because you will have more tickets
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:54:46 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
The supply is 500 million tokens, and the team will do their utmost to increase value of these tokens. When tokens value grows, the prize fund grows proportionally.
Oh, I see that if someone will predict the moment, very big money can be earned. If the system is be fair , there will be good chance for everyone!
If token value increases in future, the size of jackpot size will be very big! I  think it is worth investing in this project on the initial stages to get more tokens
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:50:49 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
The supply is 500 million tokens, and the team will do their utmost to increase value of these tokens. When tokens value grows, the prize fund grows proportionally.
Oh, I see that if someone will predict the moment, very big money can be earned. If the system is be fair , there will be good chance for everyone!
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:47:32 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
The supply is 500 million tokens, and the team will do their utmost to increase value of these tokens. When tokens value grows, the prize fund grows proportionally.
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:40:11 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
it means that this platform will work only with the use of tokens? What is the amount of tokens that will flow within the platform?
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:33:43 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
Ofc, our vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:28:19 AM
Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lottery is going to work?
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:27:24 AM
Also, even the team of developers will not have an access to the system of the platform and that makes me more confident in fair game of this lottery
And how this platform is going to function if there will be not access to the system of the platform, I don’t understand
Based on Ethereum smart contracts, the lottery will exist as long as blockchain exists. It doesn’t need centralized management, it will just gather funds from tickets sold and distribute them all among winners according to a fair and clear algorithm.
And  what if this algorithm will be know by some people in advance? What will happen then?
Neogame will not serve any beneficiaries: nobody has access to its funds other than by correctly guessing WINNING lottery numbers.
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:20:28 AM
Also, even the team of developers will not have an access to the system of the platform and that makes me more confident in fair game of this lottery
And how this platform is going to function if there will be not access to the system of the platform, I don’t understand
Based on Ethereum smart contracts, the lottery will exist as long as blockchain exists. It doesn’t need centralized management, it will just gather funds from tickets sold and distribute them all among winners according to a fair and clear algorithm.
And  what if this algorithm will be know by some people in advance? What will happen then?
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:12:47 AM
Also, even the team of developers will not have an access to the system of the platform and that makes me more confident in fair game of this lottery
And how this platform is going to function if there will be not access to the system of the platform, I don’t understand
Based on Ethereum smart contracts, the lottery will exist as long as blockchain exists. It doesn’t need centralized management, it will just gather funds from tickets sold and distribute them all among winners according to a fair and clear algorithm.
newbie
Activity: 14
Merit: 0
October 13, 2018, 11:06:06 AM
Also, even the team of developers will not have an access to the system of the platform and that makes me more confident in fair game of this lottery
And how this platform is going to function if there will be not access to the system of the platform, I don’t understand
newbie
Activity: 14
Merit: 0
October 13, 2018, 10:57:38 AM
Also, even the team of developers will not have an access to the system of the platform and that makes me more confident in fair game of this lottery
newbie
Activity: 14
Merit: 0
October 13, 2018, 10:50:38 AM
Hello, I have read the information about the project but still have some questions about the project, especially about non-profit gambling model
You are right, this project is designed to disrupt the for-profit model of gambling, team of developers want to give live to this model and believe believe that all gambling will make a transition to a non-profit model
Fine, but what role will the blockchain play in this, because I do not see any ibstacle to implement it without it
Since blockchain was invented, people can play with each other directly, with no organizers and intermediaries. There is no longer any reason to play lotteries and other games that serve somebody else's interests.
It is very cool that all intermediaries will be kicked from the system and it will become much more reliable for users and gamblers of the platform
newbie
Activity: 14
Merit: 0
October 13, 2018, 10:42:18 AM
I never thought that there would be a project that could replace all the lotteries and casinos on the Internet. I read the description of the project and hope that it will be created as soon as possible!

Trading on a cryptocurrency exchange is also a lottery =) The price volatility is huge and it is difficult to guess where it will go. Smiley
You are partially right, but there everything depend on your own luck, not conditions on the market ,but your comparison has some idea
newbie
Activity: 14
Merit: 0
October 13, 2018, 10:35:30 AM
Hello, I have read the information about the project but still have some questions about the project, especially about non-profit gambling model
You are right, this project is designed to disrupt the for-profit model of gambling, team of developers want to give live to this model and believe believe that all gambling will make a transition to a non-profit model
Fine, but what role will the blockchain play in this, because I do not see any ibstacle to implement it without it
Since blockchain was invented, people can play with each other directly, with no organizers and intermediaries. There is no longer any reason to play lotteries and other games that serve somebody else's interests.
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