Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO][NEOGAME.IO]Nonprofit lottery:no owners/commission/people involved.
by
Neogame
on 01/10/2018, 07:01:22 UTC
This game is really new and sounds so very interesting . In my opinion even just holding Ticket Tokens for a long term will make you profit since the max supply is just 500 Million . Time will come that 1 TKT will be valuable in the market because of "low supply + high demand = high price . "  

It all depends on how much the project will work by this time. It is necessary to understand that if there are not many active users, the price will not grow. This scenario was seen in other projects and I think the team should take this into consideration to succeed.

Please note the token growth drivers (you can read more in the whitepaper):  The large initial jackpot should attract players to the lottery and increase the demand for tokens.

Moreover, standard lotteries have an unlimited number of tickets. In Neogame, however, the quantity of tokens is limited by the initial emission.  The reduced supply of tokens against the background of a growing prize pool should affect the TKT exchange rate.

Finally, don't forget about the initial buyback Wink, which is necessary to form the prize pool before the first draw.  TKT tokens will be bought back from holders. After the tokensale, up to $40 million (if hard cap is reached) will be allocated for the buyback of tokens. It should have a significant effect on the tokens’ exchange rate Smiley