Quote from: coinmenace on July 22, 2017, 07:42:53 AM

Quote from: lottereumDev on July 22, 2017, 05:45:26 AM

Quote from: coinmenace on July 21, 2017, 09:48:04 PM

IOTTEREUM - is it a combination of IOTA & ETHEREUM?

Dev, where are you based, and are the tokens used mainly as currency or as shares (for dividends)?

This is my mistake - LOTTEREUM! Grin

Tokens have two properties:
1. lottery ticket
2. Currency
The right to dividends gives the property of the address Eth in a smart contract.
1. The address that generates 10 times 1000
2. The address that generates 50 times 1000
3. The address that generates 1000 unlimited times, depending on the rate of destruction of the tokens that are used as lottery tickets and entitles you to receive a share of the profit from the lottery for Eth.

So you will also pay dividends from the profits of the the lottery site to holders of the tokens? If yes, at how much % of the profits?

This part is not clear.

Quote

The right to dividends gives the property of the address Eth in a smart contract.
1. The address that generates 10 times 1000
2. The address that generates 50 times 1000
3. The address that generates 1000 unlimited times, depending on the rate of destruction of the tokens that are used as lottery tickets and entitles you to receive a share of the profit from the lottery for Eth.

In the old topic was the answer:
If you contributed 0.1 Eth, you get 0.001 share of the profit.
If 1 Eth, then, respectively, 0.01 share of the profit.
If 100 Eth, then 100% of the profit will be yours! Grin

The tokens themselves will not give the right to profit from the lottery, as far as I can see.