The new decentralized standard for lotteries We bring transparency into the lottery business and combine our tech knowledge with the amazing blockchain to make more millionaires in the most honest way.

 Belotto helps build the dreams of millions of people through a fully verifiable online lottery system and real-time jackpot feeding stats.

Belotto is on a mission to create the first global, decentralized cryptocurrency lottery system that brings manipulation to an end establishing the biggest bond of trust between the crypto sphere and chance supported by Blockchain providing a new standard on the industry so that every forthcoming lottery operates in the same way, focusing on its users and not the administrative bodies and thus, offering the following advantages: 

1. 100% transparency in drawings
2. Zero deduction over prizes
3. Worldwide reach
4. Payment options in accordance to the modern world
5. Incorruptible Management.

The Belotto system is able to provide users with the money to go directly to the pool, which will be accepted by the winners only through an autonomous and immutable structure based on Smart Contracts. And who will win? the riddle will be dictated by the most blockchain, as an unprecedented decentralized drawing methodology. Belotto will not generate numbers, and you can check it all yourself. No manipulation here. This is almost perfect. Innovation, transparency, trust and security for the most popular gambling game of all time, eliminating the risk of unauthorized use of money, managing the jackpot through a decentralized lottery system based on the blockchain.

Problem

Inconsistencies, lack of reliability, overpriced services and the fact that users never know what happens behind their screens when they gamble online, are some of the problems that lottery users face when playing online (and it’s not so different when offline), there is a lot of uncertainty and doubts nearly always followed by disappointment and as a final result, a potential industry growing at a shorter pace than it should.

Solution

Before blockchain, we knew no solution to this. But now, the  there is a winner, the Smart Tickets notify both parties, and escrow is used in order to release and transfer the money to the winner’s wallet. system is capable of ensuring users that their money will go straight to a common pool, that will only be taken by winners through an autonomous and inalterable framework powered by Smart Contracts. And the “who wins”? enigma will be dictated by blockchain itself, as an unprecedented decentralized drawing methodology. Belotto.io  won’t even generate the numbers, and you can check it all for yourself. No manipulation here, or there. It’s virtually flawless. 

How It Works

Lottery users don’t know where their money goes to, if it actually goes to the jackpots or if they’re holding any real money at all. Belotto.io along with Smart Contracts will automatically distribute the money from ticket sales always the same way so the jackpot is constantly fed with each new purchase. Jackpot money is securely stored through escrow to prevent mismanagement and any use of the money before anyone wins it. A new drawing is held each week, the winning numbers are brought from the Bitcoin Blockchain hashes, assuring no number combination will ever be altered in any way. Whenever there is a winner, the Smart Tickets notify both parties, and escrow is used in order to release and transfer the money to the winner’s wallet. 

Belotto & Blockchain

Belotto hands over the management of the various crucial stages that make up a lottery business operation to the Blockchain in the following way:

• Drawings
  Drawings will no longer be secretly carried out behind closed doors, as we will extract alphanumeric strings (later converted into numbers) from a public, external source: www.blockchain.info to determine the winning numbers combination, for an absolutely random process.
• Agreements
  Smart Contracts will be in charge of handling the signatures of legal documents: Privacy Policies, Terms, and Conditions of Use, Operation Standards, etc., as well as pursuing violations of them and non-compliance complaints.
• Payments
  This covers all payment-related transactions, may it be for ticket or service purchases, rewards, and dividend delivery.
• Prizes
  The incorporation of money received from ticket sales to the main lotteries’ jackpots, as well as prize delivery.
• Smart Tickets
  Smart Tickets will be in charge of associating each user with their played numbers thus, preventing ticket forgery.
• History
  All historical data will be permanently stored on the Blockchain in a secure and automatic way.
• Security
  Belotto’s own Blockchain and Smart Contracts allow automatization and decentralization throughout the service rendering for a higher security standard.
• Rewards
  The decentralized network will manage all incentives for those who contribute to the community with reports, bug resolving, referrals, translations, and more.
• Escrow
  The double-security standard that protects jackpots’ money through joint signature so that no one has access to them before there is a winner and for other than transferring it to them. 

BEL Token

BEL Tokens do not have a price in Pre-sale, Sale and Second-sale stages as they will only be given as gifts for purchasing Credits. Each Credit grants one Token and Credit prices including early bonuses are as follows:

• Pre-sale USD $0,14 — Sale USD $0,16 — Second-sale USD $0,20

Roadmap

The team behind Belotto

Belotto employs a team of highly qualified and experienced professionals who have ample knowledge about the blockchain economy and cryptocurrency markets. Nina Mikkelson is the CEO and business developer of the Belotto platform. Nathalia Forero is the COO. The Media Management and allied activities are handled by the CCO, Carlos Bedoya. Further, the team comprises of experts like Sanjay Sinha, Maria Levkova, Anita Kumari, Graciela Celis, Abhijit Roy, and Daniela Montoya. 

Want to know more? Go to the project's official webpage: www.belotto.io, or to be always updated, please join the Telegram group.

• Website | https://www.belotto.io/
• Whitepaper | https://c.fastcdn.co/u/074e20eb/30364486-0-Belotto-WP-en-ver-2..pdf
• Telegram | https://t.me/belottogroup
• Facebook | https://www.facebook.com/BelottoOfficial/
• Twitter | https://twitter.com/Belottoofficial
• Reddit | https://www.reddit.com/r/Belotto/
• Medium| https://medium.com/@belottoico
• Github| https://github.com/BelottoOfficial 

Author : Firmansyah Septyadi (septyadf1)
https://bitcointalk.org/index.php?action=profile;u=1550748
ETH Wallet : 0x920dBA2a2D7CaBf0606CAe34df2036C55173f2D3