Gekkan - Lottery-based blockchain technology
INTRODUCTION
Blockchain technology has freed the global lottery industry and certain contracts will end up getting input. A small portion and some of them experience a bit of a challenge that has never been possible to make opportunities in this place. This lottery usually has a 30% option from Gleb that makes a response and is expected to make a choice because of the size of economic growth. When they decide to be more serious, more precisely it has grown with technological advancements that have allowed change. The dіѕtrіbutеd, nature dесеntrаlіzеd of blосkсhаіn tесhnоlоgу оffеrѕ tremendous opportunities fоr іnnоvаtіоn fіnаnсіаl technology, аnd, ѕіmіlаrlу, fоr gаmіng іnduѕtrу mоdеrnіzаtіоn, it trеmеndоuѕ bеnеfіtѕ оf wіth thе blосkсhаіn tесhnоlоgу, thе lоttеrу іnduѕtrу have аdорt dесіdеd it.
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Gexan - Lottery-based blockchain technology
Gexan - That happens so people like to take a little risk to get more. Those who are interested in the possibility of a big win - sports betting, gambling, poker, "armed bandits" and of course the lottery. This is a stable market that has been around for a long time and will grow and develop further. The global lottery market grew from $ 187 billion in 2004, to $ 294.3 billion in 2016, showing an average growth of 4.3% per year. At the same time, the increasing number of Internet and cellular users contributed to the rapid growth of online lotteries. Total lottery revenue on mobile devices in 2013 is estimated to reach 34 billion dollars, of which 44% - in Europe and North America. Cellular technology adoption rates may be faster in developing markets.
In the lottery world - one of the most popular games in the world there are many questions and doubts about the honesty of gift distribution, as well as the entire imaging process:
Is the winner random?
Is it fair to waste less than 40-60% of lottery ticket sales?
How much does a wage manager and cost like justice?
In addition, this problem is increasingly valuable because of the difficulty of getting prizes, high commissions and taxation. With the introduction of blockchain technology, this problem has become very resolved. In the Gexan platform, all phases are in demand, including ticket purchases, making random numbers, distributing prize money, winning verification registers distributed based on technology. In addition, everything is built on open source code, which will be published on GitHub.
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What do we offer?
Our team will develop the ecosystem consisting of the blockchain itself with the master node function, the hybrid POW + POS consensus algorithm, GEX coins, lottery platforms, smart contracts, wallet participants, Fiat gateway sites and mobile applications. As such, we will benefit from traditional online lotteries:
Blockchain technology makes transparent fund movements: it is possible to track whether, when and to what extent payments are made.
The smart contract sets a lottery system. Open sources are available for anyone who wants and cannot be adjusted, so that the victory cannot be broken.
Costs for sales outlets, statistics, distributors, printing, lottery ticket verification and more are reduced. All of these costs are part of the participants' winnings, not third party profits.
Developers with reasonable fees, only 5% of the total number of tickets sold, which may be a budget for additional promotional projects.
The Lottery Blockchain blurs the boundaries and allows you to choose the optimal tax regime: low or no tax rates in winnings and there are double tax agreements with most countries in the world.
Player interactions, smart contracts, websites, blockchain nodes are presented schematically in Figure. The key factor in this is the maximum security architecture with high-speed transaction processing.
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Pool
The next lottery type will have a guaranteed winner. Draws will be held in the following way: all participants send the desired number of tickets to the public pool, for smart contracts that record incoming transactions. Then there is the calculation of the probability of each participant according to the number of tickets sent to them. The more tickets a player has sent, the more likely he will receive a prize. After that, there is a "mixing" of all tickets and the winner is determined randomly. The first three places occupy most of the pond. Also, several dozen players who receive small prizes in the amount of two or three prices are determined randomly. All calculations and payments are made on THE Gex coins. Then the winning players decide whether to sell it on the stock exchange or participate in the next lottery. 5% of the total pool goes to the development team, the remaining amount is distributed among the players.
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The main advantage of investing in the Gexan project
Benefits: The highest ROI is only possible in the initial stages of the project.
Luck: the ability to use the tickets generated to participate in the lottery.
Stability: the GEX system "burns" will contribute to the stability of the price of coins.
Peace: an idea that has been tested, millions of people have played and will play the lottery. We present openness, increase the ratio of payments, anonymity, low tax rates.
Originality: we make blockchain lotteries with master nodes, which have no analogues.
Adequacy: The total GEX aggregate is small at 21 million coins.
Guarantee: if only 13.45 BTC The soft stamp is not reached - we will issue a refund.
Trust: open the project team, right, have serious experience to implement the plan. the budget is calculated and planned well. Hard cover is only 117.5 BTC.
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Differences from competitors
important requirements.
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We have identified three main advantages over other blockchain lotteries:
Blockchain is fast and safe, which has been proven for several months. This will introduce a smart contract and the master node will provide fast transaction speeds.
85% of tickets sold are player wins! This is a key success factor, other projects have a rate of no more than 70%. The more people who win, the more new participants.
Participants will collect Masternodes or POS stacks for a new generation of new tickets. It's profitable and comfortable. Why buy a ticket every time, if you can buy it once in the right amount and get it free. This is a unique feature of the Gexan lottery.
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Initial Exchange Offers (IEO)
The name of the coin - Gexan
Ticker - GEX.
Premine GEX-1'480'000.
Total for sale is 1'000'000 GEX.
Price of 1 GEX - 0,0001175 BTC.
Maximum supply - 21 '000' 000 GEX will be produced within 20 years.
Annual inflation (starting from the second year) is 918,000 GEX.
Burning per year (starting from the second year) is 438,000 GEX.
Generate a new GEX - immediately after installing the master node / wallet.
The IEO will take place in one step (no personal sales) until the soft cap will not be collected. When a soft cap is achieved, the IEO stage cannot last more than a month.
Unsold GEX will be used for marketing / jackpot purposes, or in backup projects.
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Gexan allocation
Distribution of funds collected
Peta Jalan
Q1 2019
Core team established | Concept created | Whitepaper 1.0
Platform development | Gexan testnet launch | SMM channels creation
Roadmap creation | Marketing strategy | Website & Design Re-Branding
Q2 2019
GEXAN Mainnet launch | Initial Exchange Offering | Marketing campaign - 1st round
Crypto trackers listings | Smart contracts for 5/36 lotto | Masternode trakers listings
Minining pools listings | Listing on Exchanges - 1st round | Crypto charts listing
Q3 2019
Refferal program launch | 5 new lotteries | Marketing campaign - 2nd round
Legal entity, license | Listing on Exchanges - 2nd round | Develoments Iframe
Coinbase & CoinPayments listings | Gateaway bridge for Crypto withdrawals | Mobile Wallets release
Q4 2019
IOS & ANDROID app lauch | User interface decentralization (MIST) | Marketing campaign - 3rd round
partnerships with DAPPS developers | Listing on Exchanges - 3rd round | 8 new lotteries
Cryptoexchange gate on website | KPI achivments for investors promo | Provide company share to a strategic investor
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Kesimpulan
Blockchain lotre Gexan tidak perlu mengasumsikan biaya pemeliharaan jaringan distributor untuk menjual tiket lotre. Akibatnya, semua biaya operasi mengurangi tim untuk pengembangan lotere baru, masalah hukum, dan pengembangan fungsional. Ini akan berkontribusi pada pengembangan cepat proyek dan mengambil posisi terdepan dalam pasar lotre blockchain baru.
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INFORMASI AKURAT
AUTHOR: Gambangcity
ETH: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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