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Topic: Lotto Nation - revolutionizing online lotteries with blockchain (Read 707 times)

copper member
Activity: 23
Merit: 0
Can I make anonymous bets and get money won without KYC?
no. KYC required

Will you hold charity lotteries to attract investment to the needs of those in need?
in our WP, we talk about charity organizations

What exchanges will the WNT token be listed on?

Have you reached an agreement with exchanges?
after reaching an agreement - we will publish a post about it

Will your service be used worldwide or only in certain countries? Do all users need to confirm KYC?
1. the platform will be available to all countries where there is no ban
2. yes
copper member
Activity: 23
Merit: 0
Why is it impossible to manipulate results in LOTTO NATION?

Traditional lotteries have often been the go-to field for scammers, which is impossible on the LOTTO NATION platform thanks to blockchain and other advanced security solutions. One of the most incredible lottery scams ever pulled off happened in Milan and spanned multiple years.

It went something like this: balls with lottery numbers weren’t pulled from a raffle drum, but hand picked by blindfolded kids. The kids were bribed with toys to manipulate the results — they were asked to pick out the largest and smoothest balls. The scheme was created by a ministry of finance staffer and worked well for a number of years. In December 1998 the conspiracy was finally uncovered, leading to 9 arrests.

Nothing like that would be even remotely possible in LOTTO NATION because the winners are selected by Random Number Generation (RNG) and this process is absolutely transparent. There is simply no way to manipulate the results! Innovative solutions like this are what the lottery industry needs to become more fair and attractive to millions of new participants!

🔺 To learn more, feel free to visit our website at https://www.lottonation.com

copper member
Activity: 23
Merit: 0
Do you plan to use Big Data technology and store the analysis of each player in your system?
Currently, we are using A.I. and Blockchain technology but as per the need in future we will think about it
copper member
Activity: 23
Merit: 0
During the drawing, will all bets (tokens) be in the smart contract? After receiving the numbers from the protocol, the distribution of remuneration will be automatic. Right?
Yes, the  winnings are automatically transferred to the player's  account or wallet ensuring convenience and trust

Have you already achieved some success in testing AI? I want to understand when the prototype will be launched
We will inform you about the launch of the prototype in our social networks.

Do you plan to introduce manual moderation or will the whole process be completely decentralized?
The process will be automated

What successful products has your Winners Group already launched? Have you already used AI in your casinos?
The casino of our format and with the opportunities that we offer will be one of a kind

Do you plan to place your token on a decentralized exchange?

Many DEX offer free listing
We are negotiating with some exchanges. After reaching an agreement, we will publish the news in our social networks.

 Cool
Why did you choose Ethereum?

In my opinion, TRON and Stellar have faster and cheaper transactions.
Reliability, use, convenience
copper member
Activity: 23
Merit: 0
Lotto Nation VS traditional lotteries

We talked a lot about how our project will transform the lottery landscape, but what exactly is changing? How does Lotto Nation differ from the traditional lotteries — let’s find out.



We’ve covered only a few points in this post. To learn more, please visit our website at https://www.lottonation.com/ and read our White Paper.

copper member
Activity: 23
Merit: 0
Which of your team has experience setting AI in online services? This is a very long and complicated process
You're right. Therefore, we have a team working and not one person

Have you already designed your prototype? I wonder how it will look
When the team is ready to show it, we will inform about it in our social networks

Will the placement of new lotteries be moderated manually or does everything work automatically?
Of course automation will be a priority

Are you planning to develop your mobile application with a casino? I think that it will be easy for you to attract many users thanks to the blockchain and AI
Thank you for your interest in the project. Maybe we will launch our mobile application.


What do lotteries and the Great Wall have in common?

Have you ever wondered where and when the world witnessed the first ever lottery? Historians don’t have an unanimous answer to this question, but most of them agree that lotteries first appeared in China sometime 100 years B.C. The imperial Han dynasty was incumbent at the time, and is credited for running the first lottery. The immense proceeds from it paid for the Great Wall.

Until roughly the XV century lottery remained a game for the elites, and the proceeds from such games were used for construction projects and charity. After 1530 (marked by the first lottery to feature a money prize) lotteries exploded and have since enjoyed steady popularity across the globe.

In 2020 lotteries have a chance to become even more popular thanks to the LOTTO NATION project that vows to make them faster, more transparent and secure. Previously you could only participate in a national or a commercial lottery, but now you have the power to run your own lottery where you and your family, friends and colleagues will decide what prizes to compete for. We promise, it’s simple and as transparent as ever!

🔺 To learn more, please visit the project’s website https://www.lottonation.com




Do you think that it is blockchain and AI that can change people's opinion about casinos? Do you think that the trust and loyalty of users will grow?
Yes, we think so. And we understand that the growth of trust will depend on the implementation and work of our project

In what areas of business has the RNG protocol been applied? Did you audit the protocol? Can't it be hacked?
We conducted an audit and are confident in safety.
copper member
Activity: 23
Merit: 0
What do lotteries and the Great Wall have in common?

Have you ever wondered where and when the world witnessed the first ever lottery? Historians don’t have an unanimous answer to this question, but most of them agree that lotteries first appeared in China sometime 100 years B.C. The imperial Han dynasty was incumbent at the time, and is credited for running the first lottery. The immense proceeds from it paid for the Great Wall.

Until roughly the XV century lottery remained a game for the elites, and the proceeds from such games were used for construction projects and charity. After 1530 (marked by the first lottery to feature a money prize) lotteries exploded and have since enjoyed steady popularity across the globe.

In 2020 lotteries have a chance to become even more popular thanks to the LOTTO NATION project that vows to make them faster, more transparent and secure. Previously you could only participate in a national or a commercial lottery, but now you have the power to run your own lottery where you and your family, friends and colleagues will decide what prizes to compete for. We promise, it’s simple and as transparent as ever!

🔺 To learn more, please visit the project’s website https://www.lottonation.com

copper member
Activity: 23
Merit: 0
I heard that John McAfee loves to play casino. Did you negotiate with him about cooperation?
in our next posts we will talk about those people and companies that support us

Are you planning a bounty or airdrop? To attract as much attention as possible to your project
perhaps. we will announce the launch of these programs in our social networks


Do you plan to hold conferences at Zoom?
I have a lot of questions for your team


That would be very helpful. Moreover, now most of your potential customers are at home (in quarantine)
thanks for the feedback! we value your opinion and take into account



Your casinos will not work real people? (dealers). Will they be replaced by a robot using artificial intelligence?


Yes. Using AI and random number protocol completely eliminates the possibility of fraud in the casino


I have not seen a casino using AI. Do you use unique technologies?
of cource
copper member
Activity: 23
Merit: 0
Do you plan to hold conferences at Zoom?
I have a lot of questions for your team
perhaps. have questions - ask



Is KYC required for all players?

I think this is too long a process and no one will confirm KYC due to playing the lottery


KYC is security. Therefore, all users must confirm their personal data in order to secure their funds


That is, Lotto Nation will not provide anonymous participation in games?

I would like you to provide this opportunity to your users
KYC is security. Therefore, without its passage, participation is impossible


I think many online casinos will use Lotto Nation. The profit of such sites will grow, as the number of users will increase


What will increase the number of new visitors? Does Lotto Nation provide advertising features?
First of all, this is the promotion of the project. The more people will know about the project, the more visitors will be. If you are talking about third-party advertising, this will be known after the launch of the platform.

Hello Lotto Nation Team! Do you have a referral program? I have my own channel on YouTube and I want to advertise your project
not yet. If we launch a referral program, we will tell about it in our social networks



If the casino starts using Lotto Nation, will the casino profit decrease?

Not. The project will, on the contrary, help to increase confidence on the part of players, since the project uses blockchain technology. Blockchain allows you to make the game fair


In which country is your company and your core team based? Is quarantine in your country?

Copenhagen, Denmark




That is, the casino profit will grow due to an increase in the number of new customers?
this is one way
copper member
Activity: 23
Merit: 0
If the casino starts using Lotto Nation, will the casino profit decrease?
Not. The project will, on the contrary, help to increase confidence on the part of players, since the project uses blockchain technology. Blockchain allows you to make the game fair

In which country is your company and your core team based? Is quarantine in your country?
Copenhagen, Denmark

copper member
Activity: 23
Merit: 0
Is RNG directly connected to a smart contract for distributing winnings?

Does everything happen automatically?
We talked about the principle of operation of the RNG in WP https://www.lottonation.com

Is KYC required for all players?

I think this is too long a process and no one will confirm KYC due to playing the lottery
Yes. Now this is a common condition for most crypto projects.

What is the guarantee that you will not fake the results of the lottery and everyone will get their winnings?
We tell about the principle of the platform’s operation and determination of winnings in our WP https://www.lottonation.com

What are the main disadvantages in your project? When scaling, your service can withstand a large number of users?
Of course. The increase in the number of users will not affect the quality of the platform
copper member
Activity: 23
Merit: 0
The video about Lotto Nation project!

If you haven't watched our video yet, it's time to do it!
We are sure that in a few minutes of video you will learn more about Lotto Nation and why it is worth investing in our project!

https://vimeo.com/394418977

copper member
Activity: 23
Merit: 0
Random Number Generation (RNG)

Since the advent of the large-scale lottery, many techniques have been invented to determine the winner in the most fair way possible. Today it is done through a Random Number Generation. The RNG is not effective way to ensure fair winner selections, it’s implemented by centralised organisations and has proven itself open to manipulation and tampering.

For example, In 2010, an employee of the US MultiState Lottery Association managed to install software that manipulated the random number generator. The wrongdoer managed to win a $14.3 million jackpot.

The smart contracts and blockchain technology provides a solution for the most crucial problems in the online gambling industry, such as rigged results!

By carrying out RNG protocols on a distributed ledger, the entire process can be made transparent and visible to all network participants. With integration of blockchain technology, inherent transparency can absolutely eliminate manipulation and create greater trust in lotteries.

copper member
Activity: 23
Merit: 0
Which famous crypto enthusiast supports your project from the very beginning? Do you have business angels?
We will tell about each member of our team, about those who support us in the following posts

What problems are there in the gambling industry and in online casinos that you eliminate using the blockchain?
we talk about this in detail in our WP https://www.lottonation.com

Does your team have artificial intelligence specialists who have successful experience in implementing AI in various business areas?
of course. as we wrote earlier - soon we will talk about our team in our posts

That is, KYC is optional for all users of your service? How to protect your money from hacking?
KYC will be mandatory

Have you already applied for a license? In which country will you receive this document? Residents of all countries can use your services?
Copenhagen, Denmark. Everyone can participate.

What charities have already shown interest in partnering with you?
We are in contact with several larger charities who are interested in using our platform to raise funds but we can't disclose any names until it's official.
copper member
Activity: 23
Merit: 0




Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?

Hello! Not yet, but we will be on CMC after our IEO.


Where can I learn your open source? I want to understand the safety and integrity of your project

You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.


Do you use artificial intelligence in your project? I think an honest casino will be very popular

Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/


Where can I read more about Club Lotto Nation? All club members must confirm KYC?

All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.


What charities have already shown interest in partnering with you?

You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf


What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business

No minimum


Have you already started developing your wallet? Will you create a wallet for mobile devices?

Please follow our news - we will publish all info in our social networks


Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?

Yep, we have this in our plans. Please follow our news


In case of disputes, through a smart contract will it be possible to attract a third-party moderator?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.


Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service

Thank you!


Does artificial intelligence replace the dealer in your project to avoid fraud? Does AI analyze player actions?


We are using A.I. In our project because A.I. will standardize processes and workflow across such areas as data ingestion, model training, deployment, monitoring, life cycle management and retraining.


Blockchain always provides huge benefits for projects that need community trust. Lotto Nation has great potential through the use of high technology

of course. thanks for the feedback!

How Blockchain Technology is Revolutionizing Lotteries:

Infallible. Thanks to its autonomous decentralized nature, blockchain technology eliminates the possibility of human intervention.

Reliable. The prizes and the means by which they are delivered to winners are guaranteed by smart contracts.

Transparent. The immutable nature of the blockchain ledger means stores all data on ticket sales, income, costs and other performance indicators.

Democratic. Blockchain technology is beyond governmental control. At the same time, it facilitates compliance with regulation as well as local cultural practices in the region of the lottery’s operation.

Fair. A decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the unpredictability manner but also requires public randomness which cannot be manipulated or in control of any organization.

Low-cost. With blockchain integration, most business processes can be automated, thereby reducing costs. In this way, the prize pool can be expanded, and a greater percentage of total revenue can be directed towards charitable causes.

Social. Lowering the barriers to entry and participation in lotteries through pools or ‘syndicates’ where players fractionally-own a ticket or tickets, thus increasing their chances of winning.


Did you give out only 38% of tokens for sale during IEO? Where will the other tokens be directed?

Token distribution:

32% Reserve Funds

38% IEO Token Sale

8% Advisors & Partners

22% Winners Group

More info - https://www.lottonation.com/tokenomics


8% is allocated to partners and consultants. Do not you think that this percentage of tokens is too large and they can greatly affect the price of the token in the future?
We are confident in the professionalism of our team and in all decisions made.



Is your source code uploaded to GitHub? I would like to check its quality and safety for users

GitHub will be loaded soon


I click on the "How to Invest" button and nothing happens

https://www.lottonation.com/tokenomics/#

The site is undergoing technical work. We apologize for any inconvenience caused.


Will you start selling tokens on your website? (ICO), but continue to sell on the stock exchange (IEO)?
Did I understand correctly?
The IEO will be conducted in two stages: a private pre-IEO sale, and a public IEO sale.
The private pre-sale will begin on the 1st of March, 2020 and will have a duration of 2 months, finishing on 15th
April , 2020. During pre-sale, interested buyers will digitally sign a token pre-purchase agreement, where Winners
Group commits itself to deliver a specified number of WNT tokens in the buyer’s digital wallet at the end of day 1
of the IEO public sale.
More info in WP https://www.lottonation.com

What is the minimum amount you need to raise so that you can implement this idea and create a Lotto Nation project?
Soft-cap $ 1 500 000,00
copper member
Activity: 23
Merit: 0
Protocol and platform

We are creating a new type of a worldwide decentralised lottery! Lotto Nation will be an ecosystem consisting of its own blockchain-based platform with masternode functions, hybrid consensus algorithm, WNT tokens, smart contracts, participant wallets, affiliate program, third-party insurance audit and mobile applications.

🔘 Details

The core of the Lotto Nation platform is the tech stack used to govern the interaction of players, smart contract, website, and blockchain nodes.

We are developing a next-generation lottery environment!  The online betting technology protocol leverages the transparency, security, and efficiency of the blockchain to power a unique ecosystem which connects companies, charities and players in real time. The protocol has been built to effortlessly support a near limitless number of trustful, transparent, decentralized lottery operations.

Our fully functional platform is a modern microservices stack, using Kubernetes for optimized performance and speed with real-time insights for clients to respond to players.

The dashboard allows participants to see sales statistics, manage players, run lotteries, give bonuses, generate reports, handle payments and much more. Thus, Lotto Nation is introducing new technology into the online gaming industry together with a new level of transparency and availability of lotto playing from any part of the world.

The new approach to the arrangement and staging of lottery games positions Lotto Nation as a unique, legally operating decentralised lottery platform!

copper member
Activity: 23
Merit: 0
Is your source code uploaded to GitHub? I would like to check its quality and safety for users
GitHub will be loaded soon

I click on the "How to Invest" button and nothing happens

https://www.lottonation.com/tokenomics/#
The site is undergoing technical work. We apologize for any inconvenience caused.
copper member
Activity: 23
Merit: 0


Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?

Hello! Not yet, but we will be on CMC after our IEO.


Where can I learn your open source? I want to understand the safety and integrity of your project

You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.


Do you use artificial intelligence in your project? I think an honest casino will be very popular

Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/


Where can I read more about Club Lotto Nation? All club members must confirm KYC?

All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.


What charities have already shown interest in partnering with you?

You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf


What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business

No minimum


Have you already started developing your wallet? Will you create a wallet for mobile devices?

Please follow our news - we will publish all info in our social networks


Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?

Yep, we have this in our plans. Please follow our news


In case of disputes, through a smart contract will it be possible to attract a third-party moderator?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.


Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service

Thank you!


Does artificial intelligence replace the dealer in your project to avoid fraud? Does AI analyze player actions?

We are using A.I. In our project because A.I. will standardize processes and workflow across such areas as data ingestion, model training, deployment, monitoring, life cycle management and retraining.

Blockchain always provides huge benefits for projects that need community trust. Lotto Nation has great potential through the use of high technology
of course. thanks for the feedback!

How Blockchain Technology is Revolutionizing Lotteries:

Infallible. Thanks to its autonomous decentralized nature, blockchain technology eliminates the possibility of human intervention.

Reliable. The prizes and the means by which they are delivered to winners are guaranteed by smart contracts.

Transparent. The immutable nature of the blockchain ledger means stores all data on ticket sales, income, costs and other performance indicators.

Democratic. Blockchain technology is beyond governmental control. At the same time, it facilitates compliance with regulation as well as local cultural practices in the region of the lottery’s operation.

Fair. A decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the unpredictability manner but also requires public randomness which cannot be manipulated or in control of any organization.

Low-cost. With blockchain integration, most business processes can be automated, thereby reducing costs. In this way, the prize pool can be expanded, and a greater percentage of total revenue can be directed towards charitable causes.

Social. Lowering the barriers to entry and participation in lotteries through pools or ‘syndicates’ where players fractionally-own a ticket or tickets, thus increasing their chances of winning.

Did you give out only 38% of tokens for sale during IEO? Where will the other tokens be directed?
Token distribution:

32% Reserve Funds

38% IEO Token Sale

8% Advisors & Partners

22% Winners Group

More info - https://www.lottonation.com/tokenomics
copper member
Activity: 23
Merit: 0
Has your token already been listed on the coinmarketcap? Where does the information on project capitalization come from?
Hello! Not yet, but we will be on CMC after our IEO.

Where can I learn your open source? I want to understand the safety and integrity of your project
You can find info about our project at our site https://www.lottonation.com/
And also i send your question about open source to our tech team.

Do you use artificial intelligence in your project? I think an honest casino will be very popular
Yes, we do the all modern technologies in our project. More info at our site https://www.lottonation.com/

Where can I read more about Club Lotto Nation? All club members must confirm KYC?
All interested parties will become participants of the Club Lotto Nation - you will not miss information about it if you follow our news.

What charities have already shown interest in partnering with you?
You can dread more about charities at our White Paper (p.16) https://secureservercdn.net/160.153.138.53/l8a.802.myftpupload.com/wp-content/uploads/2020/02/Lotto-Nation_WP_v3.pdf

What is the minimum token purchase amount? I am interested in buying, because I believe in the development of the gambling business
No minimum

Have you already started developing your wallet? Will you create a wallet for mobile devices?
Please follow our news - we will publish all info in our social networks

Do you plan to cooperate with other insurance companies to get advice on the development of insurance services?
Yep, we have this in our plans. Please follow our news

In case of disputes, through a smart contract will it be possible to attract a third-party moderator?
Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.

Great video presentation! https://vimeo.com/394418977

I am sure that thanks to artificial intelligence you can attract many customers to your service
Thank you!
______________________________________________________________________________

FAQ: frequently asked questions about the project

We begin to answer the most frequently asked questions about our project. So here are a few  of those questions.

How do Lotto Nation's smart contracts work?

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.

How will the WNT token be used?

WNT is the native utility token of the Lotto Nation platform. This means that it will be used for all transactions within the platform, and thus its utility will increase as the value circulating within the Lotto Nation platform increases.

How do I get a compatible ERC-20 token wallet?

There are numerous ERC-20 compatible wallets that you can use. Some popular wallets include Metamask, Exodus, and Ledger, but there are many others. We advise that you research all of the various options and choose one that has a good, trusted reputation.


copper member
Activity: 23
Merit: 0
Where can I learn your open source? I want to understand the safety and integrity of your project
Yes, we have a decentralized RNG protocol that runs on a platform of blockchain nodes ensures randomness in the
unpredictability manner but also requires public randomness which cannot be manipulated or in control of any
organization.
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