With Waves; over 200 tokens were produced in world stock exchanges. There is no reliability problem. All processes, such as the same Ethereum, can be monitored. Waves also provides a stable environment for us.
The expected value for XLD is 1 USD. The reason is that the lottery tickets and prizes are paid by XLD. We give 1 XLD a 1 USD purchase guarantee. Our 30-year official lottery experience in the Middle East and Cyprus is progressing steadily.
I am not questioning the technical suitability of the WAVES platform, just the type of projects I see on it. I am not going to check the legitimacy of the project, the people behind, etc.. But just pure business logic:
As for the rest, your answer does justify the value of the tokens as they are convertible and backed up by your business. However it raises two questions:
a) You are pre-selling 100 million USD of future tickets. What is your current revenue / sales per year?
If your ticket costs 1 dollar and is convertible in 1 dollar (backed by your business sales)
b) As an investor I want to make profit. Why would the token rise in price? Why would I not simply use my dollars, which are a solid fiat whenever I want to buy your tickets?
c) How do you ensure the convertibility? Is it just your word or will you have a deposit certificate?