Monday, November 12, 2018

MITOSHI CryptoLotto


MITOSHI



ABOUT MITOSHI CRYPTOLOTTO

Mitoshi CryptoLotto

SPREADING THE JOY OF WINNING, ONE JACKPOT PRIZE AT A TIME!


Our vision
Mitoshi is the next generation of online gaming and cryptolotteries powered by the blockchain. Our vision is to bring forth a completely fair, secure and transparent cryptolottery experience that is readily accessible to the global market. Envisioned as a truly international cryptolottery play – it will offer draws that cover the geographies of Asia, North America and Europe. Mitoshi crypolotto tokens can be purchased using fiat and crypto currencies.
A lottery built on smart contracts
Mitoshi will utilize the blockchain platform and with Ethereum smart contracts for collecting, distributing funds as well as in paying lottery sales commissions through our referral program. With smart contracts, neither winning numbers nor lottery tickets could be counterfeited. Mitoshi Cryptolotto will a decentralized community owned by the internet community – thanks to the power of the blockchain.
Global draws
Mitoshi will have a widespread lineup of lottery draws. Each draw contains massive payouts for its winners. Mitoshi CryptoLotto will have a global reach, allowing anybody from around the globe to participate by the tap of a finger.

CHALLENGES ON THE GLOBAL LOTTO INDUSTRY

Issues and challenges in industry have not only hurt the industry, but have also hindered its growth. We look at the more pressing reasons why today’s traditional lotteries need to evolve.
Lack fairness transparency
A recent study went into how exactly a lottery can be rigged, tampered and cheated – arising questions such us the validity and “realness” of the winning ticket; fair allocation of ticket proceeds to the prize pool; is the winning number drawn in a random and secure manner; and does someone really win it and not just go to a handful operators. A lottery based on smart contracts should address each and one of these concerns.
Lack of innovation
Traditional Lotteries have not shown any innovation and don’t have much room for variety in game development. Mitoshi cryptolotto will offer fresh and winnable draws without compromising on fairness and on its entertainment value.
Regulatory setbacks
Traditional lotteries today are hindered with regulations – from territorial limits that prevent audiences from other countries in participating into the big jackpot draws to taxes and extra charges. Centralized or monopolized operators bring about regulations, to include even state controlled ones. These regulations hurt the prize money that should be going to the players.
Long payouts
Spanning anywhere from weeks to months after the results, traditional lotteries have been notorious to distributing prize winnings extremely late with a lot of verification checks in the identity and the ticket. This is a major inconvenience to the players, and a practice that shouldn’t be tolerated.
Stunted growth
Expanding markets is a formidable challenge in the industry because of the difficulty in attracting new players or retaining existing ones, which not only makes it likely to be reliant on addiction. This makes it somewhat reprehensible, but this also makes it more difficult to pursue and implement new sales channels.

SOLUTION

Integrating smart contracts on a blockchain platform
Blockchain technology presents several advantages to the lottery industry, making its integration not only immensely beneficial but poses it as a crucial step to further expand the industry. Integrating blockchain technology decentralizes the chances, making the lottery more transparent and more accessible. By making use of Ethereum contracts, Mitoshi will build a lottery that is fair, transparent and secure – and globally accessible to those with an internet and a smartphone.
Furthermore, decentralized technology is a way to work around regulatory policies that inhibit the growth of the lotto industry while making its market much more expandable and involved. Mitoshi CryptoLotto will then be accessible anytime, anywhere with the ease of transaction provided through cryptocurrency via blockchain technology.

HOW IT WORKS?

Mitoshi mobile application
The Mitoshi mobile application will be designed to access the mitoshi platform. This app will hold all capabilities to join each draw as well as navigate through other gaming opportunities provided by the Mitoshi platform. The application can be accessed through both IOS and android.
Payout methods
Those who want to purchase these lotto tickets can either go to our 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.
Airdrops, rewards and bounty
Mitoshi will allocate millions of free tokens for airdrops, rewards and bounty. Find out more on how you can qualify to own Mitoshi tokens absolutely free. So you can start winning.

MITOSHI TOKEN SALE

Mitoshi tokens are utility (user) tokens and the sales of its tokens are for the future participation of Mitoshi’s lottery draws in a smart contract platform.
Token symbol: MTSH
Token sale start: 27 January 2019
Token sale end: 25 August 2019
Total amount of tokens 1,000,000,000
Total amount to be sold: 680,000,000 or 68% of total issuance
Total private sale: US$20,000,000.00
Total pre sale: US$20,000,000.00
Token main sale: US$60,000,000.00
Soft cap: US$10,000,000.00
Hard cap: US$100,000,000.00
Accepted crypto & fiat currencies: ETH, BTC & USD
Minimum purchase limit: TBA

TOKEN ALLOCATION

  • 68% token sale
  • 15% team
  • 10% advisors and partners
  • 7% bounties and airdrops

PROCEED ALLOCATION

  • 50% set-up of winnings & reserve fund
  • 20% technical development
  • 15% promotions and marketing
  • 10% sales comission
  • 5% admin and global operations

ROADMAP

April to June 2018
Research
Business case formation
July to September 2018
Team formation
Preparation of sale
October 2018 to January 2019
Private sale
February 2019
Presale (30% Bonus)
Start of Games Development
March 2019
Presale (25% Bonus)
April 2019
Presale (20% Bonus)
May 2019
Presale (15% Bonus)
June 2019
Presale (10% Bonus)
July 2019
Presale (5% Bonus)
Launch of http://www.playmitoshi.com website
Launch of 4 Lottery Draws
August 2019
CrowdSale Period (No Bonus)
September 2019
Exchange Listing
Mobile App Release of Games [Android]
Launch of 3 More Lottery Draws
Author:dragonsanke1 
Eth address :
0xB3cE19Ad89635B5642b45eb58CF7D5BEC0af100f 
di

No comments:

Post a Comment