LOTEO: THE LOTTERY BASED ON BLOCKCHAIN.

LOTEO can be referred to as a digital automatic lottery platform that make use of blockchain and smart contracts to produce a completely clear lottery, where the chances you get are incomparably higher compared to plain lotteries. LOTES may be a security token that is supposed to be sold-out solely privately funding spherical (the STO). there'll not be any public sale, for all investment needs, please fill the shape on the web site World Wide Web.playloteo.com. This token grants homeowners a chance to make the most of being a part of a lottery while not being attendees in quantity two hundredth of every prize total price.
The LOTES square measure fast for fifteen months and through this point it's impractical to shop for or sell them anyplace else. once the primary fifteen months pass, can there be another funding spherical throughout that LOTEO will sell a minimum of half-hour of all tokens in compliance with legal and regulative needs. All details are disclosed before this event. once commerce these tokens, the token is listed on exchanges. once fifteen months, most two hundredth of all security tokens are owned by the lottery whereas eightieth are localized, preventing the lottery from being manipulated. The token additionally encompasses a governing operate, which means any vital modification must be achieved by agreement and any token holder will issue a suggestion or option.

THE ADVANTAGES OF LOTEO PROJECT.

-Excellent working mechanism: The developers of the decentralized platform LOTEO have done everything possible to ensure the efficiency of the working mechanism of the platform. Each client gets excellent chances of winning, regardless of the number of tickets purchased;

-The reliability of all the jokes: Thanks to its decentralized structure, the lottery is truly transparent and fair. Here, the process of allocating funds is managed by an independent system, not by centralized bodies;

-Full transparency: Using all the features of the blockchain, as well as intellectual contracts, allows you to make the gameplay transparent. Each player will be able to see the number of participants, get acquainted with the nuances of the draw;

-Every draw will have a winner: This is an important distinction of the decentralized LOTEO lottery from its outdated counterparts. There you can take part in a huge number of games, but only win once a year.
-LOTEO developers guarantee: If you are able to take part in a specific draw, you can count on winning it.

THE PROBLEM LOTEO PROJECT WANT TO SOLVE.

In the new world we are today, officially licensed lotteries can be found in almost half of the countries in the world. Although some governments limit or monopolize this form of interest rates, they are undoubtedly popular in many regions.

Trust always plays an important role in successful lotteries, and customers need to be sure that the draw is transparent, fair and random. Many scandals, both recent and past, have undermined the reputation of traditional centralized lotteries. Regular lotteries are not much better in this regard: in 2017, Eddie Tipton, a former information security officer of the American Lottery Association for Many States (MUSL), admitted that he manipulated a random number generator and compromised lottery draws in Iowa, Colorado, Wisconsin, Kansas and Oklahoma, the illegal gains of which before the seizure amounted to 2 million dollars. Therefore, the problem LOTEO want to prevent and solve is "conspiracies" against users.

THE SOLUTION WHICH LOTEO PROVIDE.

LOTEO answer may be a totally automatic lottery platform that uses blockchain and a wise contract to make a totally clear lottery wherever your likelihood is that incomparably on top of those of ancient lotteries.

There are several problems with “classic” lotteries that have been overcome with the help of LOTEO, with this the possibility of winning, unlike regular lotteries, in which you bet against an unknown number of numbers drawn, in LOTEO you bet only against other purchased tickets, the amount of which is several thousand times less than the number of potential winning combinations in standard lotteries. Thanks to the blockchain, the system is transparent, and you can track all transactions. You have a chance to win every time a lottery is held, because you only bet against a certain number of participants.

Transparency. All transactions and prizes are visible on the blockchain at any time. Trust is managed by a smart contract, not by governments or individuals, the drawing process becomes automatic.

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