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Meet FIRELOTTO – International Blockchain Lottery

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Meet FIRELOTTO – International Blockchain Lottery

The team behind FIRELOTTO are looking to bring lottery to the 21st century and innovate its purpose and place in the lottery industry.

 

It is a modern lottery which pays out winnings in Ethereum and is really easy to understand because it runs just as traditional lotteries.

Their concept is simple. 70% of collected funds from ticket sales will be allocated to the prize pool and the initial guaranteed prize pool is over USD 1 million.

The primary objective of the project is to create a fair international lottery with a large prize pool and fast payment for winnings.

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If nobody wins the main prize in a drawing, it will be increased and rolled over to the next drawing. The jackpot will keep growing until it finds its winner. Distribution and payout procedures are transparent and supported by smart contracts. Not to mention the fact that thanks to Blockchain, winnings of any size are paid out almost instantly.

The research and development was started Q1 2017 and the product has been launched on the 1st of January 2018.

This is especially interesting, because 80% percent of ICOs are not backed by any product prototype.

Fire Lotto is a finished product that has already been launched and has a truly transparent algorithm that makes it attractive to lottery players.

The time to act is now, the team has just initiated the Token pre-Sales campaign and the Token Sales are going to start at the end of March. During January and February, the team will do a massive advertising campaign, so you need to pre-order those tokens before they run out.

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Token name and ticker symbol: FLOT

You can download their Whitepaper from the following link: https://firelotto.io/whitepaper_en.pdf

More details about FIRELOTTO

Company structure (profit / non profit)

Non profit

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Github code repository 

https://github.com/firelotto/firelotto

BitcoinTalk announcement link

https://bitcointalk.org/index.php?topic=2579275.msg26269840#msg26269840

Twitter profile

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https://twitter.com/FireLottery

Facebook product page 

https://www.facebook.com/firelotto

Telegram channel or chat room link 

https://t.me/firelotto

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Youtube channel link 

https://www.youtube.com/channel/UCck2jqpe3MMNc5wRUebLL5A

Prototype link 

http://firelotto.com

Instagram link 

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https://www.instagram.com/firelotto

Token sale terms

https://firelotto.io/agreement.pdf

Top 20 facts about Fire Lotto:

  1. 100% decentralized lottery platform. Everything is built on ETH smart contracts.

  2. Starting from 4 popular lottery games.

  3. Minimum loosing combinations = real chances to win Jack Pot.

  4. 70% of tickets sales go to Jack Pot.

  5. Winnings are paid out automatically after each draw.

  6. Lottery ticket starting price – 2 USD.

  7. Ability to add more popular lottery games.

  8. Play Fire Lotto from any device without an app.

  9. Play in one click.

  10. Payments are d totally secured and made in one click.

  11. Transparent referral program. Join us and get up to 15% cashback for each ticket sold.

  12. 10% commission payments to FLOT token holders provide an endless source of crypto income.

  13. The prize pool can grow up millions and millions of dollars.

  14. Random number generator is based on BTC blockchain.

  15. Neither winning numbers nor lottery tickets can be faked.

  16. No hidden charges, taxes and etc.

  17. Fire Lotto platform cannot be shut down or effected anyway.

  18. The Fire Lotto is totally anonymous.

  19. GitHub open code.

  20. The first internet community owned lottery.

 

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How does Fire Lotto work?

You can choose instant or draw lottery.

Instant lottery Roger’s wheel has a fortune wheel with 21 numbers. It offers bets from 0,007 ETH with coefficient from 2 to 20. If you guess the right number, then you’ll receive your bet multiplied by chosen coefficient.

There are 3 types of draw lottery: 4 of 20, 5 of 36, 6 of 45. You pick one, buy a ticket and mark numbers. Lotteries are held every 6 hours. Your winnings are based on amount of numbers that you’ve guessed.

Why Fire Lotto is the most honest lottery?

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• Winning number are chosen by RNG based on blockchain technology Bitcoin, so they are impossible to fake.

• All lottery parameters are in open source. They are accessible and fully transparent 24/7.

• Complete anonymity and safety. No taxes!

• Decentralized platform provides full autonomy and independence.

• Record payments to prize pool – 70% from all raised funds.

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Try Fire Lotto right now!

• Minimum price of a lottery ticket is about $2

• Mobile and PC versions

• User-friendly interface

• Instant winnings payout

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• You need only crypto wallet and Internet access to play

Fire Lotto is a perfect investment!

• More sold tickets – more commission payments for investors

• Exchange rate of FLOT token is rising (examples of similar projects)…

The post Meet FIRELOTTO – International Blockchain Lottery appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

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Source: EEGaming.

Alejandro Navarro

Betski Secures $345,000 in Pre-Seed Funding for First-ever Tokenized Casino Ownership Platform

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Betski is set to launch its online casino ownership platform in Q1 of 2025, enabling users to earn casino profits through digital tokens. The system will allow anyone to receive a share of casino earnings without managing casino operations, marking a new chapter in the multi-billion-dollar iGaming industry. Supported by a $345,000 pre-seed funding round, the platform aims to democratize access to casino earnings and reshape the multi-billion-dollar gaming industry.

Opening Casino Ownership to Everyone

The platform’s tokenization system reshapes traditional casino business rules through an automatic profit-sharing program. Token holders receive a percentage of every bet placed on the platform.

This system eliminates steep entry costs, such as operational expenses, licensing fees, and administrative management. Users can start earning returns without previous casino experience or large capital investments.

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“A small group have exclusively enjoyed casino industry profits until now. Our platform opens these earnings to everyone through our tokenized profit-sharing system, turning users into online casino owners,” said Alejandro Navarro, founder and CEO of Betski.

Direct Profit-Sharing Through Tokens

Through a verified digital system, the ownership program distributes Gross Gaming Revenue (GGR) among token holders. Investors have recognized this potential, contributing $345,000 in pre-seed funding that combines gaming entertainment with digital asset ownership. The platform maintains strict security protocols and automated distribution systems for reliable profit sharing.

“The platform distributes real money to token holders from every bet placed by players. This creates a steady income stream for online casino owners – something the traditional casino structure has never offered,” said Navarro.

Global Growth of Online Casino Ownership

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The platform has attracted 2400 active Discord members and over 20,000 followers on X (formerly Twitter). These early adopters are expected to participate in test runs of the profit-sharing system once it goes live. Over the next 24 months, the platform will roll out first in Latin America, followed by expansion into European and select Asian markets.

Betski offers casino games, live casino experiences, eSports betting, global lotteries, fantasy sports, and traditional sportsbooks. This variety creates multiple revenue streams for online casino owners. Players can access all gaming options through a single interface, which streamlines the betting experience and maximizes potential returns for token holders.

The team has partnered with major payment processors and marketing agencies to support the platform’s global expansion. These collaborations will facilitate smooth transactions and user acquisition across different regions. The platform meets all regulatory requirements in its target markets, certifying long-term stability for token holders.

New Opportunities for Investment

Following the successful pre-seed round, Betski is now opening its seed funding round to welcome additional participants into its casino ownership platform. This investment opportunity enables individuals and entities to join the platform’s growth journey ahead of its official launch in Q1 2025.

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Bradley Khoury

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.

This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.

Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.

In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.

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“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.

Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”

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BetConstruct

BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024

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BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.

As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.

Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.

BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.

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