Quote from: ubuygold on May 06, 2019, 12:24:18 PM

Quote from: Twinkledoe on May 05, 2019, 09:41:55 PM

Quote from: okala on May 05, 2019, 07:13:57 PM

Quote from: ubuygold on May 05, 2019, 10:44:43 AM

Quote from: Ailmand on May 05, 2019, 09:35:08 AM

I just checked the website. So, the payment on the lottery ticket will be based on SPG token. How will winners receive their winnings? Will it be in SPG, BTC or direct fiat?

Going thru all this bring inconvenience to gamblers, there are lots of gambling sites with lottery, so would be better to think of something that would attract lottery players using your website.

Winners will receive their winnings in stablecoins(we use GUSD now). SPG is a token that we calculate your effort (generally, your order amount and your referral amount). And we'll pay rebate back to you after then(also in stablecoin). You can get some SPG after you place an order or referral a friend.

Thank you for your advice.

Why collect payment in bitcoin and then pay winners in your token why not the same bitcoin and if I buy a lottery ticket from your platform can I play it in another lottery sites or the ticket is mean for only your platform because you state lotteries ticket in your post.

I do agree with that. If they are collecting bitcoin, why not pay the winner with bitcoin also? If they will pay with their token, the winner has the burden to convert it btc and then to his fiat money. Pretty simple logic. I don't know if they can attract players with this arrangement.

Of course we do pay winners bitcoin/stablecoin like USDT. That token is just like point which determines how much rebate you can get everyday (we pay rebate everyday, and if you hold our token, you can get rebate everyday). Also, we pay rebate in stablecoins.

This is nice to see you do pay winners Bitcoin or stable coin. Paying rebate in stable coin is not bad and I think it is something that will attract people to participate and buy lottery online. This will also give a push to the expansion of use of Bitcoin. Actually this is also an indication to the fact that crypto is going to replace the tradition ways to carrying economic activities.