FIRE LOTTO ICO is the world’s hottest lottery platform that innovates truly fair play powered by block chain.
PROS:
- Easy to use: The platform design involves easy interface to use even for those individuals with only basic computer skills
- Security: The platform operates with a high degree of autonomy and its data and records are cryptographically stored in a public decentralized block chain through the use of Random Number Generation (RNG) hence preventing manipulation and fraud
- Transparency: The platform distribution and payout procedure are transparent and supported by smart contracts hence ensuring that all the lottery parameters are included in a program code which is open to anybody willing to check
- User friendly: The users can easily access the platform via a mobile application that has been developed enabling them to buy tickets by a click on their crypto wallets which can be used to easily play games
- Team: The platform involves a good number of experts with entrepreneurial experience right from the CEO Roman Demidov who has managed Fintech and e-commerce and he is helped by other members who have equally helped different sectors
- The platform has a long time value as its cannot be banned thereby the users only require internet to access lotteries across the world
CONS:
- The platform use is restricted in some countries due to the laws enacted against gambling
- The platform whitepaper is very brief and doesn’t highlight some of the lottery games involved
- The LOTTO token can be easily exchanged with other crypto currencies and fiat
SUGGESTIONS:
- The platform token should be made compatible with commonly used crypto currencies and fiat
- The platform whitepaper should be made available in all languages and more detailed
NOTE:
The gambling industry is growing tremendiously however the use of LOTTO token from this platform doesn’t clearly provide more rewards to the users in all regions across the globe. I would not put my investments on this project.
