DONOCLE: Based on Trust, Fairness and Security in Blockchain
The Project of Donocle is made on MIB Blockchain Platform. It is designed based on Trust, fairness and security which were increased through the integration of C/S environment and blockchain, rather than selfishly chasing business on blockchain.
The platform encompasses the entire process that involves Donocle Tokens, begins from the buying of the lottery to the distribution of prize. These are managed through a distributed consensus-based system called blockchain, within the platform called Donation Global Blockchain Lottery System.
The characteristics which distinct Donocle includes Global Lottery which involves service using cryptocurrencies as goods; Blockchain based services which are transparent disclosure of prize and fair raffle method; profit sharing which is a lottery proceeds on Airdrop using POS system
A one ticket is pegged at 0.0001BTC and the corresponding alt coins have their price set by the reference price on highly reliable exchanges.
The users that won have winning number which is determined using the nonce value of BTC block that is generated after mid night. The draw result will be displayed at winning numbers and the blockchain-based raffle method makes the rigging impossible. The prize will be distributed to the winners after the administrator verifies the winners’ identification, which means there can be some delay.
In the case whereby you do not receive the prize distribution in within 7 days from the day of your lottery winning, you should send your inquiry through contact form on the website and the admin will give you a timely reply. It is very possible to play with the Token and even you can only play Keno with Donocle Token.
The detail about POS System is that it distributes the user 10% of lottery proceeds on Airdrop after 15 days from your first deposit of MIB Coin in the POS System. There is no fee for deposit a fund in every cryptocurrencies, but there will be fee for withdraw which will varies from time to time because blockchain is used to send withdrawal transaction to outer wallet. The fee will vary depending on the cryptocurrency in use and there is no limit to deposit/withdrawal. However, large amount of withdrawal will require the administrator's approval, and the approval will be shown to your email or in your page on the site. Ordinarily, it will takes between 10 mins to 30 mins to deposit cryptocurrencies though it may vary on what type of coin you use. In case there are too many transactions waiting for approval on the blockchain network, your deposit can be delayed.
The Airdrop amount the user will get depends on your deposit amount. Coins that were used to purchase the lottery tickets are distributed through airdrop; therefore there can be various kinds of cryptocurrencies in performing transactions. The process of withdrawing your coins from POS system to your wallet, and then withdraw again to your outer wallet attract no fee when you withdraw/deposit coins from POS System to your wallet. It is totally free to withdraw and deposit.
It is very important not to forget that UTC time is applied to the lottery ticket sales and the raffle moment.
In case you change your phone number, do not forget to cancel your authentication from your my info page and authenticate on your new phone again. If you ever lose your phone, send your personal verification document to the Contact us on the website, and the admin will check and cancel your authentication.
Website: https://lotto.donocle.io/
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NB: Most of the picture diagrams and table displayed in this write up are obtained from official site of Donocle.