MITOSHI: REDESIGNING THE LOTTO INDUSTRY

What is Mitoshi?

One of only a few real-life applications that use blockchain technology, Mitoshi is the next generation of online gaming platform and crypto lotteries powered by the blockchain. 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. 

Mitoshi CryptoLotto will built on a fully decentralized platform for organizing and administering the global lottery operation. The smart contract on Ethereum blockchain uses to collect and distribute funds as well as lottery sales commissions payment through referral program. 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.

The Blockchain technology provides several advantages for the lottery industry, making its integration not only very useful but also making it an important step to expand the industry. By utilizing the smart contract on Ethereum blockchain, Mitoshi aims to solve the existing problems of traditional lotteries, including: 

• Lack of fairness transparency 
• Lack of innovation
• Regulatory setbacks 
• Long payment
• Stunted growth 

Additionally, Mitoshi will issuing its native ERC20 exchangeable Mitoshi tokens (MTSH) on the Ethereum network. Mitoshi tokens are application coins that can be used to participate in the Mitoshi Cryptolotto platform. The Mitoshi team believes that cryptolotto is a viable and a profitable initiative given the strong growth of the industry and the demand for a fair, transparent and secure platform for doing lotteries. Mitoshi tokens do not constitute ownership of the company. And should not be construed as securities

How It Works?

Those who want to purchase these lotto tickets can either go to Mitoshi website or download the app. They can register and an e-wallet will be assigned to them. They either deposit cash or transfer their bitcoin or ethereum assets into the e-wallets. And can purchase Mitoshi play tokens after these assets are credited. Mitoshi lottery can only be purchased through Mitoshi tokens and will be priced at 1 Mitoshi coin per ticket.

There will be 7 Major Draws, 6 of which will have repeated draws in a week. The winning combination will be drawn randomly with the help of the blockchain based RNG (the 6 numbers will be taken from the unique code of the latest bitcoin block mined). After all the numbers in the lottery have been drawn and should we have a winner, winnings will be automatically transferred to the owners of the winning ticket through the algorithm built in the smart contract. Winnings are automatically paid in full within 60 seconds of the drawing. Transfers are made to the cryptocurrency wallets that were used to buy the winning tickets.

Mitoshi Token: MTSH

MTSH is a core component of the Mitoshi CryptoLotto. It will be used to access the different games and lottos provided within the Mitoshi platform. This design makes the token an integral part of the platform and core component to the lottery’s growth and operations. Token balances and transfers will be tracked by Mitoshi. 

Useful Links:

Website: https://www.mitoshi.io/

Whitepaper: https://mitoshi.io/files/Whitepaper.pdf?v=1?v=1

Facebook: https://m.facebook.com/MitoshiCryptoLotto/

Telegram: https://t.me/Mitoshi_Channel

Twitter: https://twitter.com/mitoshicrypto

Author: Tpq01349

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1972940

Lucre Global: Revolutionizing The Gambling Industry

What Is Lucre Global?

Lucre Global is an Ethereum-based blockchain company that creates a decentralized, autonomous, cashless, transparent and secure payment solution and ecosystem for the global gambling industry. It also tackles user KYC processes, making the Lucre wallet and app, not only a safe, decentralized, single hub for player bankrolls, but also a single-login solution for the entire global gambling industry both online and offline. Going a step further, The company aims at integrating the tenets of blockchain safely into the already existing online and offline-gambling ecosystem. It bridges the gap between safety and convenience without interfering with the whole experience of the players.

Traditionally, online gaming has delays, slow payouts to players, as well as lack of trust due to corruption among sports books. Lucre looks to change this by developing an app that ensures fast and secure transactions, the absolute best betting lines available in any sport, but above all, a better player experience.

With Lucre Global, players will have the option to cash out right at the table, and by the time they select their next table game, their funds will be back in their wallet (on the Lucre app) via the QR reader function.

The platform is a leader in the global gambling IoT in that it brings the capability and security of blockchain to hardware, thus merging with the technology generated by FinTech and brings it safely to table games, casino cages, as well as rings and bands.

Lucre Global Features

Lucre will tackle the gaming world through a number of different elements.

Lucre Native Cryptocurrency

Prime among them would, of course, be the Lucre currency in itself. A transaction-heavy cryptocurrency intended specifically for the purposes of online and offline gambling.

Interactive Wallet

Lucre is building its own wallet where it can offer better rates, lower fees, and quicker transactions. Users of the platform can use the LUCRE wallet when performing peer-to-peer funds transfer, for making deposits to casinos, card rooms and sports books and when withdrawing winnings.

The creation of handicapper websites, sports books, and gaming rooms will ensure longevity as well as the use of Lucre.

IoT

Finally, the integration with QR readers and individual transaction machines will ensure an easier adoption, sustainable use, and seamless progress with the gaming IoT.

Universal KYC

The platform’s website and application act as a Universal KYC, which eliminates the need for having multiple stages of transactions and hurdles for all the offline and online merchants using the platform.

Secure Betting

Users of the platform can perform peer-to-peer bets across various major events and at the same time secure their funds in an escrow that is dependable and transparent.

How Does Lucre Global Work?

Lucre Global application is usable both online and offline in casinos that place wagers online at any of the platform's sports book partners and against other anonymous gamblers. The users of the application can create transactions and wagers and get personal detailed wagering analytics, which help them for future wagering success. They will also be accessible to betting tips from all sports that are given by the industry's best sports handicappers in the whole world.

Lucre tokens referred to as LCRX are classified as native ERC223 tokens on the Ethereum blockchain that are created by the platform to be used on its own ecosystem. The tokens are used to make transactions by its holders and any casinos, card rooms, and sports books that are partners with the platform.

Lucre Benefits

Benefits for Users

The platform offers a wallet/ bankroll solution that is secure and decentralized. It has improved exchange rate on the otherwise idle bankroll while focusing on the convenience of easily accessing and using funds across the entire globe.

Benefit for Investors

The platform gives investors a currency that is dynamic and transaction-heavy, which offers them great levels of long term growth, sustainable, and excellent ROI for both pre-ICO and the ICO tokens.

Benefit for Merchants

It offers an additional revenue stream that increases with time. The use of the platform also eliminates for merchants the need for holding large amounts of cash on hand while offering a secure KYC, a customer service opportunity as well as a targeted advertising.

Lucre-Global Token: LCRX 

Lucre tokens, or LCRX, are the native ERC223 tokens created by Lucre for use within the Lucre ecosystem as well as for transactions between holders and any partner casinos, sports books and card rooms. LCRX total supply is 360 Million.

In term of Initial Token Offering (ITO), 72% or equal to 259,200,000 LCRX will be up for sale. The 10% is for the team, advisers, and payment. About 15% will go to reserve/future expense, while remaining 3% is for Partnership.

Token Sale Details

Total Token Supply: 360,000,000 LCRX

Token Sale: 259,200,000 LCRX

Current Price: $0.19/LCRX

Soft cap: 4,000,000 USD

Hard cap: 40,000,000 USD

Useful Links:

Website: https://www.wearelucre.org/

ANN Thread: https://bitcointalk.org/index.php?topic=5046049.0

Twitter: https://twitter.com/we_are_lucre

Facebook: https://www.facebook.com/LucreOrg/

Telegram: https://t.me/WeAreLucre

Author:

Bitcointalk profile: Tpq01349