At least the author of article have advertised it:
It should also be noted that LottoShares lottery has nothing common, except the name, with the LottoShares (LTS) altcoin that was abandoned in 2014.
However the fact of use the same name is really a bad idea, Another example the nxt clon: the Liberty Reserved coin.
Liberty Reserved does look dodgy, but at least no-one seems to be falling for it.
The new LottoShares looks incredibly dodgy, and it's from the same team that brought you Banx....
https://bitcointalksearch.org/topic/are-banxshares-as-good-as-gaw-paycoin-1181883Have fun.
Wow thks, A surprising and instructive history and evidence to everybody.
However I could ask: on #504 post on the #26 last page , Him mentioned something about @Runpaint--> NXT based Barr.me project the idea of this project from my point of view is good but somewhat excessive, now comes the most important, Is it legitim? As does Nxt to avoid the same problems? I have missing that part too, Or is just the fact of following blindly trusting on devs and promoters of the coins.
And @BARR_Official dev have declared on #510 post:BanxShares will not be eligible for BARR burn redemption, because of the significant percentage of premined funds held by developers.So this sounds a bit strange considering the purpose of Barr.me project, So in the best of cases the investors of Banxshares could be reimbursed but if this doesnot happens, Then what? Barr.me project is unable and apart from that is not required to do so change barr for Banxshares so finally also it reflects that this will not be very effective with anothers coins or shares/tokens.
Maybe could be better move this discussion to barr thread what do you think?............