Overview
In 2017, ICO took over the market. These ICOs are mostly tokens with practical value and have raised more than $ 4 billion with a much higher estimated market potential. They have disrupted the Venture Capital industry. However, in just one short year, we have seen a slowdown in new ICO growth.
We are now experiencing the beginning of a new era to fund Blockchain startups through more stable and orderly vehicles known as Security Tokens. This new vehicle has attracted the type of institutional capital needed for transformational change. While security tokens set higher limits for companies and investors who want to invest in the future of our technology, this also reduces speculative mania.
Here, we describe the structure of two new tokens where the practical aspects of tokens can be maintained to drive a blockchain-based business model, with security token holders benefiting from a long-term perspective.
In addition, we explain in more detail the points behind the structure of multiple tokens and illustrate the use of these structures with LOTEO - a fully automated lottery platform that uses blockchain and smart contracts to be fully transparent, where your chances are much higher than conventional lotteries .
There is no lottery or other online gambling platform that will implement the token structure as LOTEO does.
Introducing a revolutionary platform for lotteries based on the unique blockchain token structure of LOTEO.
LOTEO can be referred to as an automatic digital lottery platform that uses blockchain and smart contracts to produce truly clear lotteries, where the chances that you get are much higher than ordinary lotteries.
LOTES may be a security token that should be sold out solely for personal funding (STO). there will be no public sales, for all investment needs, please fill out the form on the World Wide Web.playloteo.com website.
This token gives the homeowner the opportunity to use part of the lottery without utilizing the participant in the amount of two per hundred of the total prize price.
The size of the LOTES box is fast for fifteen months and through this point it is not practical to shop or sell it elsewhere. after fifteen major months have passed, is it possible there is another round of funds as long as LOTEO will sell at least half an hour of all tokens according to legal and regulatory requirements.
All details are disclosed before this event. after trading this token, the token is listed on the exchange. once fifteen months, most of the one hundred security tokens are owned by the lottery while eighty is localized, preventing lotteries from being manipulated.
The token also includes government operations, which means that every important modification must be reached with agreement and the holder of any token will issue a suggestion or option.
There are 2 types: Loteo Security Tokens (LOTES) and Loteo Utility tokens (LOTEU).
• LOTES Security Tokens are security tokens intended to be sold only in private funding rounds (STO) to accredited contributors from venture capital funds.
There will be no public sales. This token gives the opportunity owner to profit from being part of the lottery without being a participant in the amount of 20% of each prize value.
LOTES is locked for 15 months, and during this time it is not possible to buy or sell it elsewhere. After the first 15 months have passed, there will be a resale round where LOTEO will open 30% of all tokens to be sold.
After selling this token, the token will be registered on the exchange that offers security token trading and meets the criteria.
After 15 months, 20% of all security tokens will be owned by the lottery while 80% will be decentralized, preventing lotteries from being manipulated.
Tokens also have a government function, which means that any significant changes must be reached by consensus, and holders of any tokens can issue suggestions or vote.
• LOTEU is a utility token that will be used for marketing purposes. When you buy additional entries into the lottery with 100 LOTEUs, you double your chances of winning the lottery. It doesn't raise prizes, but increases your ticket number in the pool. There will be more airdrop from this token through LOTEO's marketing partners, and there will be more competition that will give LOTEU prizes. LOTEU tokens will also be distributed through a prize campaign by LOTEO's marketing plan.
Why did you HOLD IT?
LOTEO will make 400,000 000 LOTEU tokens for marketing purposes which also include affiliate bonuses on the platform. All tokens will be given to COMMUNITIES in various phases, according to the White Paper. LOTEU is a community coin.
The LOTEU utility function is a twofold increase in your chances of drawing. Basically, you can have an entrance ticket of 20 euros for 10 euros. If you lose the opportunity to receive LOTEU for free, then you also have the option to buy it, initially on the dex exchange and later on the central exchange. However, the future of LOTEU is very important.
LOTEO wants to implement the coin directly as a full payment option for the lottery after being listed on the stock and getting good volume. You will have the option to play LOTEO using LOTEU, and that will be amazing.
Not excited enough?
Another reason you have to hold it is LOTEU COMBUSTION.
On June 1, 2019, the LOTEO platform planned to be launched with difficulty. On the same day, the first combustion process will begin. Every 3 months, LOTEO will burn an additional 20% of all coins that will be returned to the LOTEO platform. What will happen to the remaining 80%? They will be redistributed to LOTEO users, to the top affiliate partners and as gifts to community members.
Don't wait for the Bulls to run - Play!
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We all can be winners with the LOTEO blockchain revolution. Let’s build LOTEO together.
For more questions, do not hesitate to contact us on the links mentioned below or read the official whitepaper.
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• Website: https://playloteo.com
• Whitepaper: https://www.playloteo.com/documents/loteo-wp-en.pdf
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• ANN Thread: https://bitcointalk.org/index.php?topic=5116114
Author: Joseph cristian
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2122240
ETH: 0x8f0A94f868871EE4ccd00AFaAe3AcB3f0c2A27aA