AirToto (ATT)

What is AirToto

The Blockchain Advantage For E-Lottery Ecosystem

Research shows that 64% of global lottery sales are concentrated in Europe and North America. This means that there is huge potential and scope in untapped South East Asian markets like China, India, MalaySia, Singapore and Sri Lanka.

In most countries, a portion of lottery revenue is used for public welfare project related primarily to health and education sectors. In island nation like Sri Lanka, a major portion of the president fund as well as consolidated funds comes from lottery sales revenue. President and Consolidated Funds play increasingly important role during disaster reliefs and rehabilitation programmes. It is an important contributing factor in major public sector projects in developing and developed countries.

airtoto Blockchain Lottery will be the flag bearer for ensuring fair play and efficient distribution of part of the sales revenue in government schemes and projects of the respective state or region.

airtoto Blockchain Lottery will facilitate faster cross-border lotteries. All nations today agree on the advantages that blockchain offers over traditional methods/modes of transactions. But cryptocurrency is a debatable concern for many countries across the globe. Keeping the discrepancies in mind, airtoto will offer two forms of e-Lottery.

ATT Token and airtoto Wallet

ERC20 is a standard Ethereum Blockchain protocol. In simple terms, it is a set of rules that every Ethereum Environment Token must comply with in order to be recognised as standard unit of transactions.

ATT Token is ERC20 standard token. Participants in the airtoto Lottery can participate in various games using ATT Tokens stored in their personal Crypto Wallets. For participating in the airtoto lottery games, Players/participants can use the airtoto wallet or any third party crypto wallet compatible with ATT Token.

ATT Token ICO

ICO or Initial Coin Offering are means for Blockchain startups to cover upfront hardware, technical and development cost of projects. airtoto will also follow the tried and tested ICO-model for fund generation. airtoto will use part of the ICO Fund for Blockchain Integration, airtoto Marketing and Operational costs.

airtoto Token For Investors

The Ethereum smart contract for airtoto Tokens will be in line with the Hovey Test terms and conditions. In other jurisdictions, the airtoto transactions will qualify as "investment contracts." This will make airtoto an ERC20 Standard security token. Angel Investors and ICO participants will primary beneficiaries of this feature of the airtoto smart contracts. airtoto promises at least 50% of net profit as dividend to investors.

airToto App and E-Lottery Games

Today, traditional lotteries do not carry the same lure that they they did a decade ago. A major reason for this is their monotonous nature and limited reach. Moreover ticket sellers at times have to compensate for unsold tickets which further limits profitability.

Active E-Lotteries add that much-desired X factor to a traditional lottery setup. But most importantly they attract higher and middle income groups. This in turn has increased profitability for the host and the government alike. While the Active E-Lotteries are of varied types, airtoto will initially offer two categories of Lotto games. These include 4-Digit and 6-Digit e-Lottery. Later on, more exciting games would be added to our product line.

Players/participants can register and join the games via airtoto App or the airtoto Website. Using the airtoto is recommendable. The reasons for this are: