Reinventing Lotteries with LOTEO

in #blockchain5 years ago (edited)

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Victory is one commodity that is not on sale, but which can be attained by hard work or smart work as many would suggest. Either of the ways you intend to view it, the fact remains that generating income is one of the thoughts that keep many people on their feet until they attain the level of financial freedom they want.

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With the proliferation of many sources of income, it doesn’t come as a surprise that taking to gambling or engaging in lotteries have become the favorite of many people around the world. Nevertheless, lotteries seem to have more acceptance among users, as they consider it a better variation to the game of chance constituted by gambling.

Although it tends to be more rewarding, it is still important to have a mastery of playing lotteries to make headway in the industry. Considering the fact that many prospective applicants and players of lotto are either skeptical about the whole affair or have limited knowledge about it, the introduction of LOTEO promises to be a game-changer for the lottery community.

Why You Should Use LOTEO
I have considerable experience about playing lotteries, and this inspired my thoughts about the new lottery system on the blockchain, called LOTEO. Part of the reasons why you shouldn’t hesitate to use this platform is the robust features, which when implemented, would not only transform your chances at hitting it big but would also enhance the operations of the global lottery industry.

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LOTEO vs. Traditional Lottery Platforms
It is sad to note that the conventional practice among lottery agencies and platforms, especially with the overt concentration of powers in the hands of a few make the system to lack the needed transparency.

LOTEO has plans to change the current trend by delegating the two efficient technologies of the moment – smart contract and blockchain. While the blockchain technology cuts off intermediaries and restores trust through the visibility of transactions, the smart contract technology on its part, is in place to initiate transactions between the transacting parties.

Another upgrade that LOTEO offers that makes it robust than traditional lotteries is the open ecosystem that helps players to have insights about the trends in the course of engaging in lotteries. This is coming on the heels of repeated calls for transparency in the global lottery system. Thus, the open platform operated herein allows participants to have access to vital information, including the prize money of the competition.

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The chance of winning is another crucial area that LOTEO has succeeded to enhance. This time, players' chances of winning are high because of the limited number of participants. This, in turn, helps players to have a higher chance of winning on every draw.

The Importance of Transparency
Any business that intends to thrive and move into mainstream adoption must, as a rule, create trust among the participants. The safest route to get to that is by operating an accountable system, of which LOTEO is already implementing the same. The implication is that players would be pleased to continue their participation, given the fact that they are assured of transacting in a safe system.

Playing on LOTEO
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Players that find LOTEO viable and love to play lotteries through the platform would have to sign up for an Ethereum wallet address, which automatically serves as their lottery tickets. Players would then participate in the pool where a winner would be selected from the cross-section of participants.

LOTEO is not only safe and transparent but also makes use of a robust Random Number Generator (RNG) to enhance the credibility of the system. Winners at the end of every draw would get 75% of their earnings delivered to their Ethereum wallet address through smart contracts.

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How to Win on LOTEO
Playing lotteries on LOTEO is not only secure but also fast. Winning on the platform could turn to be an easy affair, provided you adapt to the laid-down rules. For instance, your chances of winning tend to be higher when you bet on the best winning odds or by being consistent in playing; hoping that the next draw would favor you. You should avoid frauds and purchase tickets in bulk through LOTEOPASS to save costs. Players may also want to play the “Moon of Fortune”, which is noted for its high odds and winning prospects.

LOTEU token
This is the official token of LOTEO ecosystem. It's OEO successfully held on eterbase exchange and it's listed there. LOTEU is also listed on Cointiger. You can get more information about this token on Coingecko.

Play on LOTEO
The credibility of the LOTEO lottery platform is not in doubt, as users (I inclusive) have tried the lottery prospects and found them impressive. With the proposed reinvention of the global lottery industry, LOTEO, through its features, proves to be a proactive approach to improving the fortunes of lottery players in particular and the industry at large.

See useful links for this awesome project below
🌐 Website
🎯 Bitcointalk ANN thread
📨Telegram
🐧Twitter
💬 Facebook

Writer's information
Bitcointalk username: deodivine1
Profile URL : https://bitcointalk.org/index.php?action=profile;u=1390292

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