FLOT is a new ERC-20 Ethereum token by Firelotto – an internation blockchain lottery. Fire Lotto is a finished product that has already been launched. This lottery is built on the Ethereum blockchain and uses Bitcoin.
Main features of the Firelotto:
- ticket price around $2 (in ETH)
- the prize pool is formed from the funds collected from ticket sales and a guaranteed fund – more than 1,000,000$ in ETH
- winnings are automatically transferred to the winners’ cryptocurrency wallets
- four types of lottery: 4/20; 5/36; 6/45; Roger’s Wheel
ICO and pre-sale: At the pre-sale stage, Firelotto tokens will be sold at a fixed low price.
The token holder will receive a commission from each ticket sold in every drawing. Commission payouts are secured by smart contracts and provide token holders with an almost endless source of income.
A total of 100,000,000 FLOT tokens will be issued.