Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO][NEOGAME.IO]Nonprofit lottery:no owners/commission/people involved.
by
Techsan
on 05/10/2018, 13:54:20 UTC
Do I understand correctly that this lottery will be played more than once? That is, it will happen in the form of a cycle, right?

Well, as I understand it, yes, exactly. That is, users will be able to participate in the raffle this way several times. Moreover, the work of the smart contract is automated and does not require outside intervention.
Then I don’t quite understand what exactly will be the jackpot for the winner, if, after receiving the jackpot, the next draw will be announced again.
The whole mechanism of this drawing is not so simple, you need to understand well to understand the principle of operation. In fact, not all the rest is played in mind of the jackpot, because the system cannot allow this.

Okay, let's say jackpot is just some part of tokens, won't it be worthless after the winner gets his winnings?
No. this will not be dealt with in any way, since the token will constantly have a certain price and in total it will be possible to sell it on the exchange.