Crypto Lottery Relaunch Now Live! Play and Earn With Lottoshi! - page 4.

werkwerkwerk

jr. member

Activity: 41

Merit: 1

Quote from: plast555 on January 21, 2020, 10:35:30 AM

Quote from: Lottoshi on January 20, 2020, 11:05:41 PM

Quote from: plast555 on January 20, 2020, 11:12:39 AM

Quote from: carlfebz2 on January 19, 2020, 05:32:01 PM

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

Adding up more games would require more resources and it will depend if they do still have the funds to go on or would just wait for their lottery game to be successful
but as to say that these games arent really that attractive.Seeing a roadmap? You wont able to see such thing if sites directly make their own and didnt go on having an ICO
but at least you would able to read their ~~Bitcoin~~ Lottoshi Whitepaper. Cool

https://lottoshi.io/assets/LottoshiThesis.pdf

Yes, I saw the whitepaper investing most of the ICO funds for the prize pool and I agree that it's not much attractive at least for me. It seems like they are believing in with just one lottery game which is risky and they should have some backup plan for new games or something if the lottery is not so successful as they thought. They could consider running some promotions to incentivize the ticket sales.

We agree that Lottoshi should run some promotional programs, earlier considerations found it too centralized, but we may reconsider, do you think a promotional program would kick off the community’s long term interest in the lottery?

The promotional program would just motivate the users to buy the tickets, In order for the lottery to be successful, the users should develop a habit of buying tickets as they would for the traditional system with the hope of winning one day as it doesn't provide any joy in playing like other casino games IMO. I would term lottery as a passive play So I think some promotional events could fuel the sales and participation rate which may continue if users get attached to it.

Am quite agreeing to this. But it still depends on the overall program of the project and how they want to be known in the industry.

And important to consider also their contingency and flexibility. It won't hurt to try.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: plast555 on January 21, 2020, 10:35:30 AM

Quote from: Lottoshi on January 20, 2020, 11:05:41 PM

Quote from: plast555 on January 20, 2020, 11:12:39 AM

Quote from: carlfebz2 on January 19, 2020, 05:32:01 PM

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

Adding up more games would require more resources and it will depend if they do still have the funds to go on or would just wait for their lottery game to be successful
but as to say that these games arent really that attractive.Seeing a roadmap? You wont able to see such thing if sites directly make their own and didnt go on having an ICO
but at least you would able to read their ~~Bitcoin~~ Lottoshi Whitepaper. Cool

https://lottoshi.io/assets/LottoshiThesis.pdf

Yes, I saw the whitepaper investing most of the ICO funds for the prize pool and I agree that it's not much attractive at least for me. It seems like they are believing in with just one lottery game which is risky and they should have some backup plan for new games or something if the lottery is not so successful as they thought. They could consider running some promotions to incentivize the ticket sales.

We agree that Lottoshi should run some promotional programs, earlier considerations found it too centralized, but we may reconsider, do you think a promotional program would kick off the community’s long term interest in the lottery?

The promotional program would just motivate the users to buy the tickets, In order for the lottery to be successful, the users should develop a habit of buying tickets as they would for the traditional system with the hope of winning one day as it doesn't provide any joy in playing like other casino games IMO. I would term lottery as a passive play So I think some promotional events could fuel the sales and participation rate which may continue if users get attached to it.

We definitely do need people to get used to buying tickets for example, every week or every other day, the promotional programs would definitely help, another thing on our mind is because crypto should be anonymous, but that way it’s hard to place triggers in people’s lives to get them to come back.

plast555

sr. member

Activity: 951

Merit: 259

Quote from: carlfebz2 on January 19, 2020, 05:32:01 PM

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

Adding up more games would require more resources and it will depend if they do still have the funds to go on or would just wait for their lottery game to be successful
but as to say that these games arent really that attractive.Seeing a roadmap? You wont able to see such thing if sites directly make their own and didnt go on having an ICO
but at least you would able to read their ~~Bitcoin~~ Lottoshi Whitepaper. Cool

https://lottoshi.io/assets/LottoshiThesis.pdf

Yes, I saw the whitepaper investing most of the ICO funds for the prize pool and I agree that it's not much attractive at least for me. It seems like they are believing in with just one lottery game which is risky and they should have some backup plan for new games or something if the lottery is not so successful as they thought. They could consider running some promotions to incentivize the ticket sales.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: plast555 on January 20, 2020, 11:12:39 AM

Quote from: carlfebz2 on January 19, 2020, 05:32:01 PM

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

Adding up more games would require more resources and it will depend if they do still have the funds to go on or would just wait for their lottery game to be successful
but as to say that these games arent really that attractive.Seeing a roadmap? You wont able to see such thing if sites directly make their own and didnt go on having an ICO
but at least you would able to read their ~~Bitcoin~~ Lottoshi Whitepaper. Cool

https://lottoshi.io/assets/LottoshiThesis.pdf

Yes, I saw the whitepaper investing most of the ICO funds for the prize pool and I agree that it's not much attractive at least for me. It seems like they are believing in with just one lottery game which is risky and they should have some backup plan for new games or something if the lottery is not so successful as they thought. They could consider running some promotions to incentivize the ticket sales.

We agree that Lottoshi should run some promotional programs, earlier considerations found it too centralized, but we may reconsider, do you think a promotional program would kick off the community’s long term interest in the lottery?

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: Darker45 on January 20, 2020, 07:59:55 AM

Quote from: Lottoshi on January 20, 2020, 05:49:02 AM

Quote from: Darker45 on January 19, 2020, 07:31:29 AM

Quote from: Lottoshi on January 19, 2020, 06:39:07 AM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

We intended it to be this way for we are trying to build a lottery that is as decentralized as possible, to follow the world Satoshi would’ve liked to build

I guess it is one thing to engender decentralization in a lottery and quite another to use a pseudonym in a business whitepaper. This is not an anonymous coin you are making. You are operating a lottery, a gambling site which should be duly registered with complete real names of the development team, and with a mechanism to prove the fairness of the draws.

We feel that somehow defeat the purpose of decentralization, we’d like to follow what the crypto world believes in as fully decentralized, global and anonymous gameplay

Anonymity is indeed the better option. But that is not going to be absolute. For players, anonymity is much preferable but that won't be the case I guess when it comes to a development team of a crypto gambling project and site. Anonymity in this case probably means lack of accountability.

Satoshi was anonymous. But that seems to be an exception to the rule nowadays. New crypto projects with a team made up of pseudonyms where they could not be scrutinized in terms of their individual reputation, qualifications, experiences, expertise, and so forth might not sell anymore.

By the way, are you a duly registered gambling site?

So you’re talking about our team too, we’re staying anonymous because at some point we want to make the protocol fully decentralized and without a central authority, we thought putting our names out there may complicate things in a number of ways, we’re only here answering questions to kick start the project as well, once the goal of this phase is achieved, we won’t have a reason to exist.

We’re not a centralized company, we’re a decentralized protocol, it’s easier for centralized entity to be trusted (or not) after registration, but a decentralized protocol should be trustless anyway, we would love to have as many developers review our smart contract as possible, if you know anyone can help with this, please let us know.

DaftAjax

sr. member

Activity: 532

Merit: 284

Quote from: Darker45 on January 19, 2020, 07:31:29 AM

I guess it is one thing to engender decentralization in a lottery and quite another to use a pseudonym in a business whitepaper. This is not an anonymous coin you are making. You are operating a lottery, a gambling site which should be duly registered with complete real names of the development team, and with a mechanism to prove the fairness of the draws.

Exactly! Just like IRL, companies that are involved in lottery have to have a permit to operate (well, you don't really need it here) and identity for legal reasons, as well as if it's genuine. But let's be honest, here, even if they do provide such information they still get away with it, easily.

Quote from: carlfebz2 on January 19, 2020, 05:32:01 PM

You wont able to see such thing if sites directly make their own and didnt go on having an ICO

Definitely shady.

Quote from: nakamura12 on January 19, 2020, 02:38:59 PM

When you log in do players really need to download an app?.

This also adds up.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: Lottoshi on January 20, 2020, 05:49:02 AM

Quote from: Darker45 on January 19, 2020, 07:31:29 AM

Quote from: Lottoshi on January 19, 2020, 06:39:07 AM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

We intended it to be this way for we are trying to build a lottery that is as decentralized as possible, to follow the world Satoshi would’ve liked to build

I guess it is one thing to engender decentralization in a lottery and quite another to use a pseudonym in a business whitepaper. This is not an anonymous coin you are making. You are operating a lottery, a gambling site which should be duly registered with complete real names of the development team, and with a mechanism to prove the fairness of the draws.

We feel that somehow defeat the purpose of decentralization, we’d like to follow what the crypto world believes in as fully decentralized, global and anonymous gameplay

Anonymity is indeed the better option. But that is not going to be absolute. For players, anonymity is much preferable but that won't be the case I guess when it comes to a development team of a crypto gambling project and site. Anonymity in this case probably means lack of accountability.

Satoshi was anonymous. But that seems to be an exception to the rule nowadays. New crypto projects with a team made up of pseudonyms where they could not be scrutinized in terms of their individual reputation, qualifications, experiences, expertise, and so forth might not sell anymore.

By the way, are you a duly registered gambling site?

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

So far we’re just trying to do this one thing right, we believe this protocol can survive a long time if done right, so our focus is still on tweaking some of the UX details.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: nakamura12 on January 19, 2020, 02:38:59 PM

I am only reading everyone's post about this about that but I never read anyone telling their experience in the lottery site. Did anyone played already in that site?. I don't have any questions about the site's design since it's created nicely and looks professional. When you log in do players really need to download an app?.

We’d encourage you to start playing, it only costs 0.01 ETH for each game play.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: Darker45 on January 19, 2020, 07:31:29 AM

Quote from: Lottoshi on January 19, 2020, 06:39:07 AM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

We intended it to be this way for we are trying to build a lottery that is as decentralized as possible, to follow the world Satoshi would’ve liked to build

I guess it is one thing to engender decentralization in a lottery and quite another to use a pseudonym in a business whitepaper. This is not an anonymous coin you are making. You are operating a lottery, a gambling site which should be duly registered with complete real names of the development team, and with a mechanism to prove the fairness of the draws.

We feel that somehow defeat the purpose of decentralization, we’d like to follow what the crypto world believes in as fully decentralized, global and anonymous gameplay

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: DaftAjax on January 16, 2020, 10:42:30 PM

Last time I check lotto is probably the least way to earn money. Since the chance of winning and the amount of winnings is proportional to the number of participants, given the probability of every lotto out there, how is this different? Unless there are modes on winning; lesser price pool but a higher chance of winning that is.

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

https://images2.imgbox.com/99/14/r4EjSX8g_o.png

Agreed. It's very similar, I would hope they put a lot more customization, to make it believable that is.

We’re trying to make a trustworthy protocol, can you share your opinion on which part of this is not as believable and can be improved?

plast555

sr. member

Activity: 951

Merit: 259

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: plast555 on January 19, 2020, 04:11:16 PM

The UI of the website looks really good. But Lottery becomes less attractive in the crypto space having said that Lottoshi looks similar to the power ball which is kind of new so will see how it works within the crypto ecosystem. I don't see any roadmap so are you planning to add any new games or what is the future plans for the Lottoshi.?

Adding up more games would require more resources and it will depend if they do still have the funds to go on or would just wait for their lottery game to be successful
but as to say that these games arent really that attractive.Seeing a roadmap? You wont able to see such thing if sites directly make their own and didnt go on having an ICO
but at least you would able to read their ~~Bitcoin~~ Lottoshi Whitepaper. Cool

https://lottoshi.io/assets/LottoshiThesis.pdf

nakamura12

hero member

Activity: 2268

Merit: 669

Bitcoin Casino Est. 2013

I am only reading everyone's post about this about that but I never read anyone telling their experience in the lottery site. Did anyone played already in that site?. I don't have any questions about the site's design since it's created nicely and looks professional. When you log in do players really need to download an app?.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: Lottoshi on January 19, 2020, 06:39:07 AM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

We intended it to be this way for we are trying to build a lottery that is as decentralized as possible, to follow the world Satoshi would’ve liked to build

I guess it is one thing to engender decentralization in a lottery and quite another to use a pseudonym in a business whitepaper. This is not an anonymous coin you are making. You are operating a lottery, a gambling site which should be duly registered with complete real names of the development team, and with a mechanism to prove the fairness of the draws.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: longhair0418 on January 18, 2020, 11:40:17 PM

Quote from: stomachgrowls on January 18, 2020, 01:04:26 PM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

~~~~

Its obvious that this kind of style is what they do tend to mimic or copy.If you do browse in the site you will be greeted with the line
"If Satoshi Made A Lottery
Fair, transparent, fully decentralized"
So it wont be surprising if they would use up btc wp to copy its format and theres nothing wrong as long they dont copy something similar
to the original WP.
Checked out the site and it do had big jackpot prize.Dont know if those funds are actually there.

Some may find it cliche but I absolute love the idea of if Satoshi made a lottery.
Maybe invest only tho. Would be nice to see whoever actually won, even a tiny bit can come to share his/her story with us. Then we'll know if it's legit.

Would love to see your participation, thanks for the encouragement

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: cafe84178 on January 18, 2020, 11:15:05 PM

Quote from: BlackRed on January 17, 2020, 02:24:26 PM

What is the biggest win that happened on Lottoshi, recent history is empty Wink

I'm curious about that too.

Quote from: orange_marmalade on January 16, 2020, 06:42:28 AM

Quote from: Lottoshi on January 15, 2020, 12:55:19 AM

Quote from: AsleepControl on January 14, 2020, 05:15:03 AM

Quote from: 50 Cent on January 14, 2020, 03:08:16 AM

This means your website is mobile-friendly on browser phone. because I don't see any link to download into android or ios?

yes.. you can do it in your phone's web browser. this is not an app. or maybe they will consider? Grin

There’s too much complications going on iOS and Android, so far we’ll focus on improving the web experience on various devices.

Since this just started last month, it's okay to start in web since it's easier and not limited to the interested users. everyone has a phone browser so everyone can access their playing site.. unlike if it's an app.

It works fine on my iphone, but as you said it was released last month. Before doing anything I actually prefer to hear more ppls opinion first, downloading its app prob wont be necessary.

We’re not doing any apps so far either, with complications from App Store and Google play, we’d rather stay web-based at this point

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: stomachgrowls on January 18, 2020, 01:04:26 PM

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

~~~~

Its obvious that this kind of style is what they do tend to mimic or copy.If you do browse in the site you will be greeted with the line
"If Satoshi Made A Lottery
Fair, transparent, fully decentralized"
So it wont be surprising if they would use up btc wp to copy its format and theres nothing wrong as long they dont copy something similar
to the original WP.
Checked out the site and it do had big jackpot prize.Dont know if those funds are actually there.

It sure is, please refer to the contract address
https://etherscan.io/address/0x3582f0e90a11d1e021b48e70421770a063cc9e57

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: DaftAjax on January 16, 2020, 10:42:30 PM

Last time I check lotto is probably the least way to earn money. Since the chance of winning and the amount of winnings is proportional to the number of participants, given the probability of every lotto out there, how is this different? Unless there are modes on winning; lesser price pool but a higher chance of winning that is.

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

https://images2.imgbox.com/99/14/r4EjSX8g_o.png

Agreed. It's very similar, I would hope they put a lot more customization, to make it believable that is.

You can take a look at the investment system, profits are shared to LTS token holders by share, the play is not so different from traditional lottery, but we are the first one to combine smart contract with the lottery product directly.

Lottoshi

copper member

Activity: 98

Merit: 0

Quote from: 50 Cent on January 16, 2020, 09:56:17 PM

Quote from: Lottoshi on January 16, 2020, 09:30:24 PM

Indeed we hope more users can participate, we had a wave of players from a couple other forums previously, we hope to duplicate the success here as well.

How much minimum deposit and buy tickets?
and who is Lottoshi Nakamoto? https://lottoshi.io/assets/LottoshiThesis.pdf
Look like your whitepaper similar bitcoin whitepaper.

We intended it to be this way for we are trying to build a lottery that is as decentralized as possible, to follow the world Satoshi would’ve liked to build

Topic: Crypto Lottery Relaunch Now Live! Play and Earn With Lottoshi! - page 4. (Read 1393 times)