Online Lottery: LOTTER

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Furthermore, with the development of the Internet and mobile phones, online lotteries have a tendency to grow on a global scale. However, the lottery industry has yet to face a series of challenges, the biggest challenge is how to ensure the fairness of the game

For this reason, the project I'm going to present you is Online Lottery (Lotter) (https://ltrcoin.com/), an online lottery services which are synthesized on blockchain technology, which will try to solve this problem.

The most important features that platform presents are described in the following table:

Image	Feature	Description
	Secure Wallet	Security and Safe LTR Wallet
	Instant Exchange	Fast and Exactly
	Token Trading	Users can buy and sell LTR token on list exchange
	Crypto Investment	LTR Token is a good investment for a long period

Another important factor are the benefits provided by Online Lottery Services:

• Guarantee the reliability of the transaction: Customers buy lottery tickets through the LTR service, which is confirmed by the community through blockchain technology, using authentication through PoW (Proof of Work), which is high insurance.
• The LTR intelligent contract provides the customer with a proof of work that is based on block chains and cannot be modified, all the members of the blockchain network confirm the history of their purchases of lottery tickets.
• The intelligent contracting mechanism is carried out completely automatically.
• Immediate negotiation: When customers buy lottery tickets, they will be confirmed
  immediately based on the term of the intelligent contract in the blockchain.
• Completely anonymous: Clients participating in the service will be completely
  anonymous, which guarantees the privacy and security of information
• Help buy lottery from countries like USA, Europe ... and register the lottery code.
• Lottery purchase service (via blockchain and smart contract is an LTR token)

The project gives the opportunity to earn LTR tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bounty0x WebPage here (https://beta.bounty0x.io/bounties/704350), where you can access the link in order to see what are the conditions to become an early LTR contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://ltrcoin.com/main/whitepaper-en.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/LotterOfficial). I hope you liked the post and soon I'll send you new ones.

Token details
Token: LTR
Platform: Ethereum
Type: ERC20
Price in PRE-ICO: 1 LTR = 0.0005 ETH
Price in ICO: 1 LTR = 0.00095 ETH
Tokens for sale: 100,000,000,000

Token Allocation

Roadmap

Stage	Date	Event
Stage 1.1 (2018):LTR Development Starts	August 01, 2018 to January 01, 2019	Issue ICO – raising funds to launch LTR token project on ERC 20 platform
Stage 1.2: Build Applications(Web,App)	August 1st, 2018 to January 31st, 2019	Helping people buy lottery from USA,Europe,... Building a website to buy lottery tickets with LTR tokens Lauched alpha test version MVP Lauched beta test version MVP
Stage 2: Lunch app and web to buy lottery online	(January 1st, 2019)	Buy Lottery Ticket by Ltr Token and receive prize by BTC, ETH, LTR Use LTR to buy products and services of BuyLottery.org
Stage 3: Lottery Services Global	2019 onwards	Start Negotiate and sign contracts with the big lottery partners in Asia, Europe, and USA Purchasing ltr token on Internal or International cryptocurrencies exchange trading platform Buy Lottery in Asian, European and American countries via web and application LTR start build platform LTR fork from ETH and build internal LTR Cryptocurrency Exchange Token

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