Mitoshi CryptoLotto

Mitoshi CryptoLotto is a decentralized platform for global lottery operation.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

What is Mitoshi CryptoLotto

MITOSHI IS the next generation of online gaming and crypto-lotteries powered by the blockchain. Centralization in global lotteries today heavily hinder the growth of lotteries. Taxation, slow payouts and regulations is hurting the industry. Mitoshi CryptoLotto aims to solve this using smart contracts on a blockchain platform. Mitoshi CryptoLotto will bring forth a completely transparent and fair lottery experience to the global market. Players will be able to enjoy a wide array of lottery games with nearly instant payouts. They will be able to enjoy a completely transparent platform that ensures fairness and enjoyment in their gaming.

Lotteries today have massive popularity capturing 50% of the US adult market and a staggering 75% of the UK Market. The Chinese lottery market now ranks second to the US with sales at US$68Bn in 2017. We believe that smart contracts on a blockchain platform is the next approach to the gaming industry and we are ready to disrupt the above markets. Our mission is to capture the global lottery market by providing a fair, transparent and secure platform that is accessible to anyone around the globe.

We are launching the Mitoshi CryptoLotto ICO as a crowdfunding initiative to pursue this viable and profitable project as well as reward our early supporters. Participating in Mitoshi’s token sale will allow you a much cheaper inclusion to play in our online draws and will give you full access to the Mitoshi platform. Furthermore, the mitoshi tokens will be tradeable in cryptoexchanges once our ICO concludes, granting full access to trade and sell your Mitoshi holdings.

Integrating Smart Contracts Blockchain Platform

Blockchain technology presents several advantages to the lottery industry, making its integration not only immensely beneficial but poses it as a crucial step to further expand the industry. Integrating blockchain technology decentralizes the chances, making the lottery more transparent and more accessible.

By making use of Ethereum smart contracts, Mitoshi will build a lottery that is fair, transparent and secure – and globally accessible to those with an internet and a smartphone. Smart contracts will be used for collecting and distributing funds made from the token sale as well as in paying sales commissions and winnings – instantly.

Furthermore, decentralized technology is a way to work around regulatory policies that inhibit the growth of the lotto industry while making its market much more expandable and involved. Mitoshi CryptoLotto will then be accessible anytime, anywhere with the ease of transaction provided through cryptocurrency via blockchain technology.

A Lottery Built on Smart Contracts

Mitoshi CryptoLotto will built on a completely transparent and fully decentralized platform for organizing and administering the global lottery operation. It will utilize the blockchain platform and with Ethereum smart contracts for collecting and distributing funds as well as in paying lottery sales commissions through our referral program. It is envisioned, as an international lottery play and will offer daily draws that cover the geographies of Asia, North America and Europe. With smart contracts, winning numbers nor lottery tickets could not be counterfeited. And as a decentralized community owned by the internet community, Mitoshi CryptoLotto could not be shut down.

In Ethereum We Trust

Like most developments before us, Mitoshi CryptoLotto will be developed on top of the Ethereum network. Cryptocurrency researcher and YouTuber Kevin Rooke affirms that 94 out of the top 100 blockchain projects are on top of Ethereum. Mitoshi is confident that we are building an excellent application and a product with a most trusted platform by coders and developers. Given that the vast majority of cryptocurrencies and tokens apart from payment-focused blockchain networks like Bitcoin, Ripple, Bitco Cash and Litecoin are built on the Ethereum protocol, Mitoshi will also be developed on the ERC20 token standard of Ethereum.

Our Vision

Mitoshi CryptoLotto will be the future and forefront of online lotteries. We aim to become the world’s biggest and most accessible cryptolotto. Offering a lottery platform that boast in its features, accessibility, as well its fairness.