Cryptocurrency website explains its lottery platform Fire Lotto.
UK.- Operators of online gaming platform that offers services with cryptocurrencies have introduced Fire Lotto, the world’s hottest blockchain crypto lottery. Operators of the 100 per cent decentralised lottery platform presented the technology at ICE Totally Gaming last week. The primary objective of Fire Lotto is make fair international lottery with big prize pool and fast payment for winnings, furthermore, everything is built on ETH smart contracts.
A record 70 per cent of funds collected from ticket sales will be allocated to the prize pool. The initial guaranteed prize pool is over USD 1 million. The amount of the prize pool can grow up to dozens of millions of dollars. 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. Winnings of any size are paid out almost instantly.
Fire Lotto has started from 4 popular lottery games. The game offers minimum loosing combinations = real chances to win Jack Pot and winnings are paid out automatically after each draw. Lottery ticket’s starting price is set at US$2.
The cryptocurrency method allow players and operators to set payments through a secured system and made in one click. Fire Lotto operates with transparent referral program. Furthermore, 10 per cent of commission payments to FLOT token holders provide an endless source of crypto income.