LOTEO - A LOTTERY IMPROVING INNOVATION

in #blockchain5 years ago

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INTRODUCTION

Lottery is one of the oldest practice that still works for gamblers. In a way, it has won the hearts of so many with the profit they gain from it. Moreover, some government agencies have taken this medium as a chance to build projects and foster their administrations. Many other lottery companies have been developed from the old existing ones to globalises the lottery system. Currently, the existing lottery system are regarded as not updated to the standard of the current technology so there is need to upgrade the lottery standard with LOTEO.

ABOUT LOTEO

This Loteo system offers the best lottery setup for gamblers to have an effective gambling system managed by smartcontracts and also offering them the best services. The blockchain makes this possible for Loteo to overcome the existing challenges by automating its services to progressively advance from the traditional style to the more improved modern lottery. Loteo has succeeded in advancing the operations in the industry so that all there is to the industry is profitability and the use of the present technology to make a difference from the traditional system. The overall is no more in the hand of central bodies which lack coordination instead, the perfect decentralised economy is left to handle the overall activities. Meanwhile, this will enhance more productivity as well as create new opportunities for the stakeholders.

The entire lottery system is never going to be at loss again i.e players won't be discouraged with the results they get unlike the time they facednso many forms of manipulations in the traditional system.

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HOW LOTEO WILL BE OPERATING TO REVOLUTIONIZE LOTTERY

Automating all the services and operations in Loteo makes the lottery system more transparent because it gives no room for human labor. Risks are also cleared so that members can boldly invest or buy tickets with token offered without panicking about the outcome. This is how all the activities of the system are controlled steadily for users to experience the best in it.

Trust is introduced for users to believe in the platform. This cause them to have more Profitability and the ability to perform the lottery processes without fear. They are made rigid with this feature to make winning more probable in each games. There is more chance of winning and doing better than before. While that is important in boosting the morals of users, it also guarantees fairness in all operations. The old strategy has lost its place as far as Loteo's team is concerned, so online lottery system takes up a new strategy of a decentralised nature for proper coordination with the blockchain technology. Everyone in this platform will definitely have their individual ethereum wallet address where funds or prices can be sent to when they win the lottery. This is the best confidential way to receive their prices because the online game is quite different from the offline lottery system in the way the rewards are collected.

THE LOTES token stands as they currency responsible for the payments duty as well as for giving prices. It is imperative as a user to strive to own it because there is almost nothing it cannot be used for in the platform. So we might even regard it as the key to the Loteo ecosystem.

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CONCLUSION

Loteo will eventually succeed in making lottery the style of a modernize one through the adoption of the blockchain infrastructures it relies on. Then, this new standard would forstee the effective participation of more players. Loteo assures users of the perfect ride along the industry as it seeks to rekindle the gambling passion in them again.

USEFUL LINKS
Website: https://playloteo.com/
ANN Thread: https://bitcointalk.org/index.php?topic=5116114
Telegram: https://t.me/loteomission
Twitter: https://twitter.com/loteomission
Facebook: https://www.facebook.com/loteomission/

AUTHOR'S DETAILS
Bitcointalk Username: Nwagodno
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2576793

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