NEO GAME: A NONPROFIT LOTTERY TO CHANGE THE GAME
Neo Game competition is the first of its kind focusing exclusively on the NEO Blockchain, Asia’s largest Cryptocurrency. NEO Game seems like a big step forward attracting talented people to develop games based on the particular Blockchain.
The NEO Game competition, hosted by NewEconoLabs and supported by NEO, was created to encourage game developers to become familiar with the NEO blockchain. NEO provides an excellent platform for blockchain based game development, with features such as fast transactions and digital asset support. NewEconoLabs hopes to foster a vibrant blockchain gaming community and ecosystem.
We are kick-starting this process and we strongly believe all gambling will shift to a non-profit model in the future. Since blockchain was invented, people can play with each other directly, with no organizers and intermediaries. There is no longer any reason to play lotteries and other games that serve somebody else’s interests. Based on Ethereum smart contracts, the lottery will exist as long as blockchain exists. It doesn’t need centralized management, it will just gather funds from tickets sold and distribute them all among winners according to a fair and clear algorithm. Neogame will not serve any beneficiaries: nobody has access to its funds other than by correctly guessing WINNING lottery numbers. Neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency. The supply is limited to 500 million tokens, and we will work to increase their value. When tokens value grows, the prize fund grows proportionally. If token value increases significantly, the jackpot size can be enormous.
There is no lottery in the world that offers conditions for players like Neogame. This gives all the funds raised to the winner, while other lotteries usually leave 50% of the funds for themselves and their projects. In addition, 7 times more likely to win the jackpot with Neogame compared to the most popular lotteries. This is completely anonymous, and the winner can receive his prize immediately.
Compare Neogame with market leaders
Neogame will work using Ticket Tokens (TKT) for both lottery tickets and prize funds. Stocks are limited to 500 million tokens, and we will work to increase their value. When the value of the token grows, the prize pool grows proportionally. If the value of the token increases significantly, the size of the jackpot can be very large.
Based on the Ethereum smart contract, the lottery will exist during the block chain. There is no need for centralized management, it will only collect funds from tickets sold and distribute them among the winners according to a fair and understandable algorithm. Neogame will not serve the beneficiaries: no one has access to their funds, except to correctly guess the lottery number WINNING.
NEOGAME ICO TOKEN
Detail: Neogame ICO Token
Price 1 TKT = 0.0005 ETH
Hard cap: 200,000 ETH
Q2 2018: Concept.
Q3 2018: Smart contract.
Q4 2018: Crowdsale. DApp release. Ad campaign.
Q1 2019: TKT Buyback. Launch.
Technical document: https://neogame.io/wp- content / uploads / 2018/08 / Neogame_WhitePaper-Aug18.pdf
Ann: https://bitcointalk.org/ index.php? topic = 4861898.msg43813589 # msg43813589