Lotteree: a new blockchain-based lottery

[cryptooffers]

LOTTEREE.ORG Review: A New Blockchain Based Lottery Platform

Millions of people play various types of lotteries as they seek the opportunity to win the large jackpots offered by lottery organisations. Despite the media publicity of lottery winnings, there are some major factors that put the participants at a disadvantage in the traditional lottery system.
After different logistic fees such as organizer commissions, taxes and reseller commission have been deducted, only 1/3 of the ticket price ends up in the prize pool.

Lotteree (LOTR) Wants to Revolutionize the Lottery Industry

Blockchain platform Lotteree is aiming to create a decentralized form of lottery where such logistic fees are totally eliminated.
The platform aims to solve one of the major problems facing the lottery system, which is the existence of middleman. Lotteree as a decentralized platform eliminates this problem by using exchanges to perform the function of a middleman.
The blockchain platform has enumerated this process in a well-defined whitepaper available on its website. Crypto users would be able to purchase the Lotteree token (LOTR) - which is an ERC20 token - on major exchanges and use it as a transactional currency for lottery drawings on Lotteree.org.
Users can decide to participate in different lotteries on offer and purchase as many tickets on the website using the LOTR token. One major advantage of Lotteree is that there is no participation fee and payouts are issued to winners in full with no hidden commission.
In a scenario where there are multiple winners, the prize would be divided equally among the winners, like in traditional lotteries.
Lotteree ensures that there is transparency, accountability and security of user’s winnings on its platform without the need to pay exorbitant third-party fees.
As an ERC20 token, it can be stored in hundreds of wallets and could easily be traded for ETH or BTC which can be withdrawn into fiat currency.

Lotteree (LOTR) is an ideal blockchain project for investors

Lotteree from its initial standpoint has shown its readiness to tackle the problem in the lottery industry with its innovative and concrete idea.
The project is just starting up and has created its roadmap where the first milestone is to raise $250,000 from investors as seed money. After which it would proceed to the development of its platform by the end of 2019.
The project could have a bright future ahead in the lottery business which is a 80 billion industry in the US alone. It is an ideal investment for investors looking for a concrete and realistic crypto project and could be disruptive for the lottery industry.

Lotteree: a new blockchain-based lottery / https://lotteree.org/

[tbossmitche]

There is no doubt that the introduction of blockchain technology into the lottery industry is sure to have loads of positive effects. This is most especially due to the fact that the draws cannot be tampered with to suit any individual. I must admit that lotteree seems pretty impressive but I might just stick with Gexan just because I know the percentage of funds made from ticket sales that the winner will take home.

[Chomsy]

There is no doubt that the introduction of blockchain technology into the lottery industry is sure to have loads of positive effects. This is most especially due to the fact that the draws cannot be tampered with to suit any individual. I must admit that lotteree seems pretty impressive but I might just stick with Gexan just because I know the percentage of funds made from ticket sales that the winner will take home.

You have so much talked about this Gexan. How does it work please? I want to put my veil proceeds to good use. And trying a lottery platform won't be a bad idea.

[LoganGec]

Sounds interesting

[thamisephoenix]

There is no doubt that the introduction of blockchain technology into the lottery industry is sure to have loads of positive effects. This is most especially due to the fact that the draws cannot be tampered with to suit any individual. I must admit that lotteree seems pretty impressive but I might just stick with Gexan just because I know the percentage of funds made from ticket sales that the winner will take home.

You have so much talked about this Gexan. How does it work please? I want to put my veil proceeds to good use. And trying a lottery platform won't be a bad idea.

It's nice to see someone that wishes to learn more about Gexan. You could hit me up on telegram @Thamisephoenix just so I can take you through every step if you so wish.

[alexisavi]

Well, i’d like to try my luck with blockchain because I have never tried to play lottery with a crypto, i played so many online lotteries but with other currencies. In Singapore last year, locals there asked me to join them in the lottery, i met a guy there and became friends and we were going there every night. It was interesting. Sometimes we won sometimes we lose but we won more. Before i leave that guy told me that i can keep playing the togel singapura online. And now i would like to try blockchain lotto too.

[kalvinbrown]

Well, i’d like to try my luck with blockchain because I have never tried to play lottery with a crypto, i played so many online lotteries but with other currencies. In Singapore last year, locals there asked me to join them in the lottery, i met a guy there and became friends and we were going there every night. It was interesting. Sometimes we won sometimes we lose but we won more. Before i leave that guy told me that i can keep playing the togel singapura online. And now i would like to try blockchain lotto too.

My friend was just looking for similar information. Thanks

[Patricia]

Despite the fact that online lotteries have been around for a long time, they still fail to gain significant market share. So is there a way for online lotteries to surpass traditional lotteries and even gambling and betting sites? Blockchain technology was introduced into our digital world a few years ago. It is just a matter of time before blockchain technology sees widespread adoption in the gaming world. In the meantime, I advise you to pay attention to accurate forecasts for lotteries such as Lunchtime Results