Loteo
Main Network
0.0
0 Ratings
LOTEO is an automated digital lottery that is executed via code instead of being run by people. The lottery will, first on a weekly, and later on a daily basis, draw a random Ethereum address from a pool of users. The draw will be based on a random number generation system that will have a publically-viewable code on GitHub and also on Ethereum Network. The winner shall receive 75% of the prize pool as a reward, which will be sent to their Ethereum address. Not only will LOTEO make this form of gambling accessible to more people than ever, but it will also address the issue of trust as it will be executed via a smart contract, the code of which will be publically-viewable on GitHub and also on Ethereum Network. Through a combination of international reach, transparency and automation, LOTEO aims to become the industry standard in the rising market for digital lotteries/ Winning chance Unlike conventional lotteries in which you bet against an unknown number of drawn numbers10, in LOTEO you only bet against other purchased tickets, an amount that is several thousand times smaller than the number of potential winning combinations in standard lotteries. Thanks to the blockchain, the system is transparent and you can track all transactions. You have a chance to win everytime the lottery takes place as you are only betting against a certain number of participants and there is winner by every drawing. Transparency All transactions and prizes are viewable on the blockchain at all times. Trust By being governed by smart contracts rather than governments or private individuals, the drawing process becomes automated. There are many problems with current blockchain-based digital gambling platforms. They are often too complicated, suited only for crypto enthusiasts, offering an unsophisticated design that is neither attractive nor user friendly. Global lottery market is worth approximately 8 Billions USD.
The total number of community members from Facebook, Twitter, Telegram and Discord.
Community

Dapp Details

Loteo
0.0
Gambling
Ethereum
Main Network
LOTEO is an automated digital lottery that is executed via code instead of being run by people. The lottery will, first on a weekly, and later on a daily basis, draw a random Ethereum address from a pool of users. The draw will be based on a random number generation system that will have a publically-viewable code on GitHub and also on Ethereum Network. The winner shall receive 75% of the prize pool as a reward, which will be sent to their Ethereum address. Not only will LOTEO make this form of gambling accessible to more people than ever, but it will also address the issue of trust as it will be executed via a smart contract, the code of which will be publically-viewable on GitHub and also on Ethereum Network. Through a combination of international reach, transparency and automation, LOTEO aims to become the industry standard in the rising market for digital lotteries/ Winning chance Unlike conventional lotteries in which you bet against an unknown number of drawn numbers10, in LOTEO you only bet against other purchased tickets, an amount that is several thousand times smaller than the number of potential winning combinations in standard lotteries. Thanks to the blockchain, the system is transparent and you can track all transactions. You have a chance to win everytime the lottery takes place as you are only betting against a certain number of participants and there is winner by every drawing. Transparency All transactions and prizes are viewable on the blockchain at all times. Trust By being governed by smart contracts rather than governments or private individuals, the drawing process becomes automated. There are many problems with current blockchain-based digital gambling platforms. They are often too complicated, suited only for crypto enthusiasts, offering an unsophisticated design that is neither attractive nor user friendly. Global lottery market is worth approximately 8 Billions USD.
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Dapp Stats

Dapp Contract Balance:  2 ETH
Smart Contracts
Dapp.com Ranking measures the performance of a dapp, the higher the ranking score, the better the dapp is.
Dapp.com Score
Today's Score:56
Weekly Average:0
Best Score:69
The number of wallets that had interacted (transactions) with a dapp’s smart contracts.
Users
Total Unique Users:152
24Hr Users:1
7Day Users:6
24Hr Highest:21
The amount of transaction represents the numbers of actions between users and dapps that involved smart contract interactions.
Transactions
Total Transactions:1,636
24Hr Transactions:1
7Day Transactions:16
24Hr Highest:55
Transaction volume of tokens to a dapp’s smart contracts, which is the amount of tokens spent in the dapp.
Volume
Total Volume:88 ETH
24Hr Volume:0 ETH
7Day Volume:0 ETH
24Hr Highest8 ETH

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