YOLotto is a fully decentralized Ethereum-based lottery. YOLotto runs globally on Ethereum “smart contract” which have been optimized with fair and transparent as the basic principles.
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What is YOLotto
YOLotto is a fully-decentralized blockchain lottery project which aims to provide a real fair and worldwide lottery game platform. YOLotto runs globally on Ethereum “smart contract” which we have optimized with fair and transparent as the basic principles. The whole process our lottery game including the random number generating process and the payout process is transparent, enabling public supervisions.
How does YOLotto work?
The YOLotto draw holds every other day. Ticket sale begins at 12am on the drawing day according to the Greenwich Mean Time (GMT) and ends at 11:59 on the same day. The numbers will be drawn at 12am the next day by the Random Number Generator (WolframAlpha) according to the smart contract. Since YOLotto runs 100% according to the Ethereum smart contract without manpower involved in the process, the next day after every draw is set to be the “Review Time”. “Review Time” is the 24- hour period right after the draw. During the 24-hours period, players would have to click on the “Check my result” button on “Play Now”/ “Draw Schedule” page in order to communicate with the Ethereum Network to confirm their result. Winnings can be collected after the 24-hours review time.
DetailsPre-sales: Jul 20, 2018 - Sep 20, 2018
Token supply: 18,270,000 YOL
LegalBlockchain Platform: Ethereum
Token infoTicker: YOL
Token price in USD: 1 YOL= 4.4396 USD
Phase 1 (JUL 20 ~ AUG 23): 0.013 ETH (35% off)
Phase 2 (AUG 24 ~ SEP 20): 0.017 ETH (15% off)
Phase 3 (SEP 21 ~ OCT 25): 0.02 ETH (Public Sale)
Administrative and advertising cost 20%
Prize Pool 80%