(ONLY FIRST 2000 PARTICIPANTS)
A TRANSPARENT LOTTERY PLATFORM BASED ON SMART CONTRACTS ON THE ETHEREUM BLOCKCHAIN.
POWERBALL offers a new approach to the arrangement and staging of lottery games. Thanks to Ethereum smart contracts we have forever eliminated the most crucial disadvantages of the most popular game in the world.
POWERBALL token is an ECR20 token that will act as fuel for our online decentralized lottery platform. All payments and winning will be paid using PowerBall token.
Problem we seek to solve: High profit-generating gambling platforms owned by a single group/entity
with limited transparency running on outdated technology stacks.
Traditional online casinos/sports betting platforms available in the current market, work in a completely centralized manner and operating profits are distributed between selected individual(s)/group(s).
BRIEF DESCRIPTION OF HOW OUR DECENTRALIZED LOTTO PLATFORM WILL OPERATE
⚫ Each player of the lottery sends a tx containing their fee for playing the lottery and a byte of binary data that represents their lotto numbers.
⚫ After a certain amount of time (blocks) has passed users will no longer be able to buy lotto tickets.
⚫ The contract will wait for eight blocks to be mined on the network.
⚫ The block hashes for each of the eight blocks will be converted from base 64 to base ten and then taking the modulo 2 to get the binary digit that represents the block for that lotto drawing.
⚫ The binary digits will be put in ascending order by block number.
⚫ Any ticket submitted that matches the lotto byte with their own byte will win an equal share of the winnings.
⚫ 10% of the winnings should perhaps be taken on the top to provide a new starting pool for the next lotto.
All winnings will be automatically transferred to the winner through our smart contract. No third parties involved.
As a general rule, the minimum legal age for gambling in the UK is 18 years old.
By filling your details, you accept that you are18 years and above!!!