LOTEO Digital Era Lottery

MOBILE APPLICATION

After the initial community building phase is concluded, LOTEO plans on releasing an application that will be available for Android as well as for Apple users. However, as the Apple iStore does not support applications that offer direct betting, the Apple version will be used to notify the users about special events, promotions, upcoming lotteries and other important news. Users will receive 100 LOTEU for successfully installing the application on their phone, regardless of whether it is the Apple or Android version. The exact specifications and technical information will be later elaborated upon. LOTEO aims to offer an option of buying lottery tickets through its app. It will be equally important to have an app through which users will receive notifications about the drawings, wins and information about their winning probability, news and being able to communicate through it. The scheduled date for the app launch is Q1 2020.

Token Structure & Usage

Security Token

LOTES is a security token which is meant to be sold only in private funding round (the STO) to accredited contributors from venture capital funds. There will not be a public sale. This token grants owners an opportunity to prot from being part of a lottery without being attendees in amount 20% of each prize total value. The LOTES are locked for 15 months and during this time it is not possible to buy or sell them anywhere else. After the rst 15 months pass, there will be another round of the private sale during which LOTEO will unlock 30% of all tokens and those will be sold to accredited contributors or VC in private deal. After selling these tokens, the token will be listed on exchanges that oer security tokens trading. After 15 months, 20% of all security tokens will be owned by the lottery while 80% will be decentralized, preventing the lottery from being manipulated. The token also has a governing function, meaning any signicant change has to be achieved by consensus and any tokenholder can issue a suggestion or voting.

Roadmap

• 2019 Q1 – Legal & Project funding
• Weekly lottery testing phase
• APR 1 – MVP with Weekly lottery launch
• Official Loteo Web launch
• Q2 – MVP Testing
• MAY 1 – Soft launch
• JUN 1 – Hard launch
• Promo campaign launch
• BTC Payment will be available
• Q3 – Daily lottery launch
• Implementing Card payments possibilities
• Enabling Local Mobile message payments
• Q4 – 3rd Loteo game launch
• Spreading Mobile message payments

• 2020 Q1 – Loteo iOS & Android App
• Special Announcement
• Q3 – External API Integration, LOTES Unlock
• 2nd funding round & LOTEO Games development
• Q4 – LOTES Exchange listing

• 2021 –LOTEO Bets – P2P Bets system
• LOTEO Tickets well be available throught 3rd parties

• 2022 –LOTEO B2B Platform Launch

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ACCURATE INFORMATION

Facebook: https://www.facebook.com/LOTEO-1113157555523564
Telegram: https://t.me/loteomission
Twitter: https://twitter.com/loteomission
Instagram: https://www.instagram.com/loteomission/
Linkedin: https://www.linkedin.com/company/loteo-net
Reddit: https://www.reddit.com/r/Loteo/
GitHub: https://github.com/loteomission
YouTube: https://www.youtube.com/channel/UCveQW_4wrc-ZYCo0sac6exQ

Author
Username : Bohitek97
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Email : asurhazard94@gmail.com
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