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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 19:20:16 UTC
Quote from: datans99 on November 02, 2018, 07:16:20 PM
Quote from: Billy The Kid on November 02, 2018, 07:12:44 PM
for me this is unnecessary information now. On this issue, I completely trust the developers: I am sure that they will not merge! What is more important for me is that the project really be useful for society and help people with low incomes to win. And given that the draws are held every week, you can count on NeoGame to be able to help many.
the main thing is that this should not be to the detriment of those who are already dependent on gambling. You know, the more profitable the conditions to offer the player, the more comfortable and convenient it will be to play.
I agree. But nevertheless, if you start from this, NeoGame will be able to contribute to the development of a cryptocurrency market and the entry of the gambling business to a new level.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 19:12:44 UTC
for me this is unnecessary information now. On this issue, I completely trust the developers: I am sure that they will not merge! What is more important for me is that the project really be useful for society and help people with low incomes to win. And given that the draws are held every week, you can count on NeoGame to be able to help many.
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Topic
Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 19:04:44 UTC
Quote from: datans99 on November 02, 2018, 07:00:10 PM
I forgot about one very important detail. Another factor in favor of the growth of tokens is their buyback. His appointment, as I understand it, is necessary for the formation of the initial prize pool. By the way, do you know about the division of target costs when allocating funds into 2 groups? In the second group there is just the redemption of tokens.
heard about the buyback. It can also affect the rise in the cost of tokens. I did not hear about the division of target costs into 2 groups, but I assume that funds from the first group will be available after the end of the sale of tokens, and the second one will be frozen. I have already seen such a scheme in another project.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:56:16 UTC
Quote from: datans99 on November 02, 2018, 06:52:48 PM
Quote from: Billy The Kid on November 02, 2018, 06:48:04 PM
Quote from: datans99 on November 02, 2018, 06:44:23 PM
I now thought about the benefits of growth drivers: if these methods really work, then the cost of the token will exceed the average cost of a regular lottery ticket. On the one hand, this should be regarded as a good indicator, but on the other ... will there be a large number of interested participants?
despite the difficult predictions, the developers hope for a successful outcome of the drivers. The fact that the price of the token will increase will only stir up the interest of the participants in the project, since, with its favorable conditions and beneficial benefits, the price increase would be expected.
what can be said about tokensale then? Based on your considerations, tokensail NeoGame will not provide discounts and bonuses, which cannot be said about other projects in which early buyers are offered more favorable terms of participation than all the rest.
it is quite right, I already know that there are no discounts and bonus tokens. Moreover, this tokensale will be held even without presales. Tokens will be for everyone at the same price. In principle, I believe that this is true.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:48:04 UTC
Quote from: datans99 on November 02, 2018, 06:44:23 PM
I now thought about the benefits of growth drivers: if these methods really work, then the cost of the token will exceed the average cost of a regular lottery ticket. On the one hand, this should be regarded as a good indicator, but on the other ... will there be a large number of interested participants?
despite the difficult predictions, the developers hope for a successful outcome of the drivers. The fact that the price of the token will increase will only stir up the interest of the participants in the project, since, with its favorable conditions and beneficial benefits, the price increase would be expected.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:40:07 UTC
as a confirmation of this and some example, you can bring ETH. As a result of its small use for its intended purpose (less than 1%, it was payment for transactions and services in the network), its value as an investment asset increased.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:32:10 UTC
Quote from: datans99 on November 02, 2018, 06:28:17 PM
Quote from: Billy The Kid on November 02, 2018, 06:24:18 PM
I read the drivers. By the way, the forced distribution of the jackpot refers to random drivers, since their frequency cannot be tracked in advance, and they are not cyclical. The same driver also includes lost tokens that have been forgotten by users or left on wallets to which they have lost access.
since you already know about drivers everything that is possible, tell me, how high is the probability that they will be effective? More precisely, how influential will these methods be?
everything is simple. Please note that NeoGame is a game with a small amount of asset that has significant changes in the volume of supply. So, due to this, the susceptibility to the influence of the described growth drivers must be extremely high, and the rate fluctuations are significant.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:24:18 UTC
I read the drivers. By the way, the forced distribution of the jackpot refers to random drivers, since their frequency cannot be tracked in advance, and they are not cyclical. The same driver also includes lost tokens that have been forgotten by users or left on wallets to which they have lost access.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:16:22 UTC
Quote from: datans99 on November 02, 2018, 06:12:12 PM
Quote from: Billy The Kid on November 02, 2018, 06:08:19 PM
Quote from: datans99 on November 02, 2018, 06:04:12 PM
under such conditions, the maximum number of participants should be interested in the token. Are there any events to promote it during the ICO? I suppose that there are a lot of factors due to which the token will grow both in terms of interest in it, and in terms of cost price.
of course, because tokens must go to the exchange. There are so-called growth drivers that contribute to an increase in value. You can find them in white paper. By the way, the lottery itself also provides for some actions that affect the growth of tokens.
do you mean forced distribution of the jackpot or limited token emission? In principle, in the second case, an increase in their number is not provided for by the project algorithm. rather, the smart contract does not allow additional issue.
by the way, about the forced distribution of the jackpot. The developers consider this process a distinctive feature of the project, but I do not know how to evaluate it. After all, it is impossible to allow 70% of tokens to get into the system. I think that this event implies a sharp rise in the cost of tokens, so it is considered unique.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:08:19 UTC
Quote from: datans99 on November 02, 2018, 06:04:12 PM
under such conditions, the maximum number of participants should be interested in the token. Are there any events to promote it during the ICO? I suppose that there are a lot of factors due to which the token will grow both in terms of interest in it, and in terms of cost price.
of course, because tokens must go to the exchange. There are so-called growth drivers that contribute to an increase in value. You can find them in white paper. By the way, the lottery itself also provides for some actions that affect the growth of tokens.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 18:00:22 UTC
Quote from: datans99 on November 02, 2018, 05:56:09 PM
Quote from: Billy The Kid on November 02, 2018, 05:52:24 PM
in principle, I agree with you. In addition, in the US, every second person plays the lottery. Imagine, about 60% of the population over 18 years old try their hand at a jackpot. In terms of cash, this amounts to more than $ 50 billion. Agree, the amount is impressive.
do not argue, this is really serious money. But what will change with the advent of NeoGame? Will the amount of money spent on tickets change and begin to decrease? Or will there be an opportunity to win more?
in part, this is the first and second. See, the amount of funds may be reduced due to the fact that the price will be lower. Secondly, you can actually win more, because the prize fund is formed by tokens invested in the platform, while in the absence of the organizers, you will not have to share profits with anyone.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:52:24 UTC
in principle, I agree with you. In addition, in the US, every second person plays the lottery. Imagine, about 60% of the population over 18 years old try their hand at a jackpot. In terms of cash, this amounts to more than $ 50 billion. Agree, the amount is impressive.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:44:08 UTC
Quote from: datans99 on November 02, 2018, 05:40:10 PM
Yes, I have somewhat incorrectly conveyed my thought. I know that the status of most projects in the cryptocurrency market is not regulated and not controlled by the state, but nevertheless, they are functioning successfully. I agree that everything depends on the mission of the developers and the benefits of the project for society.
in this case, it is difficult to talk about the benefits, because we are talking about gambling. In addition, we should not forget that in the United States about 3% of the population are gambling addicts, and from the ethical point of view it is wrong to promote such a startup.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:36:27 UTC
Quote from: datans99 on November 02, 2018, 05:32:30 PM
Quote from: Billy The Kid on November 02, 2018, 05:28:08 PM
Quote from: datans99 on November 02, 2018, 05:25:13 PM
guys, when my friend told me about this project, that he uses a completely new business idea and the concept of a non-profit model, I immediately thought about who controls this platform? Who follows the execution of all the rules stipulated by the lottery?
Firstly, the platform is non-commercial, has no owners and does not conduct any activity. Accordingly, no one makes a profit, except for the participants. It is also managed without the participation of people: a smart contract is responsible for all processes, in which all algorithms are installed.
what an interesting system. What kind of legal regulations does the platform follow? I would say that it is dangerous to participate in such a project, where you do not know how to protect in unforeseen circumstances.
what contingency are you talking about? There is nothing to fear. Yes, NeoGame does not belong to any jurisdiction, but you are not forced to spend any money. You just buy a lottery ticket (token), send it to the system, specify the number of the combination and expect the results of the draw.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:28:08 UTC
Quote from: datans99 on November 02, 2018, 05:25:13 PM
guys, when my friend told me about this project, that he uses a completely new business idea and the concept of a non-profit model, I immediately thought about who controls this platform? Who follows the execution of all the rules stipulated by the lottery?
Firstly, the platform is non-commercial, has no owners and does not conduct any activity. Accordingly, no one makes a profit, except for the participants. It is also managed without the participation of people: a smart contract is responsible for all processes, in which all algorithms are installed.
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Topic
Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:14:39 UTC
Quote from: datans99 on November 02, 2018, 05:10:50 PM
Quote from: Billy The Kid on November 02, 2018, 05:07:18 PM
Quote from: datans99 on November 02, 2018, 05:03:45 PM
Quote from: Billy The Kid on November 02, 2018, 04:59:49 PM
You understand that it all depends on the amount that you can collect during the crowdsale. If hardcap is reached, we will know more accurate information about the timing.

Oh, that sounds logical. Isn't a crowdsale going now? It seemed to me that it was already started and you can take part in it.
No, it starts on October 31 and it will last for exactly one month. so you still have a chance to take part in it.

Does this project imply any bonuses or discounts for early crowdsale participants to encourage and motivate users to participate as early as possible?
No, there are no bonuses, they openly write it in white paper, probably this is motivated by the fact that all participants are on an equal footing, this is most true.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 17:07:18 UTC
Quote from: datans99 on November 02, 2018, 05:03:45 PM
Quote from: Billy The Kid on November 02, 2018, 04:59:49 PM
You understand that it all depends on the amount that you can collect during the crowdsale. If hardcap is reached, we will know more accurate information about the timing.

Oh, that sounds logical. Isn't a crowdsale going now? It seemed to me that it was already started and you can take part in it.
No, it starts on October 31 and it will last for exactly one month. so you still have a chance to take part in it.
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Topic
Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 16:59:49 UTC
You understand that it all depends on the amount that you can collect during the crowdsale. If hardcap is reached, we will know more accurate information about the timing.
Post
Topic
Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 16:51:11 UTC
Quote from: datans99 on November 02, 2018, 04:45:35 PM
Quote from: Billy The Kid on November 02, 2018, 04:42:44 PM
Quote from: datans99 on November 02, 2018, 04:38:22 PM
When do they plan a full lottery stratt? Will I be able to see it already in December or will I have to wait a much longer time?

I am not sure that a draw will take place in December, at the end of November they will submit an application as well as a pre-release version of a smart contract, in December the project’s advertising campaign will start.

Advertising campaign? That is, it can be considered the start of the project, yes? And how long will the term of this advertising campaign last? Are there any dates?
Did not see any more accurate date information. I can only say that the advertising campaign will last for several months, and player registrations will only be available in February 2019.
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Re: [ANN][ICO]TOKENSALE IS ALIVE![NEOGAME.IO]First Nonprofit Lottery
by
Billy The Kid
on 02/11/2018, 16:42:44 UTC
Quote from: datans99 on November 02, 2018, 04:38:22 PM
When do they plan a full lottery stratt? Will I be able to see it already in December or will I have to wait a much longer time?

I am not sure that a draw will take place in December, at the end of November they will submit an application as well as a pre-release version of a smart contract, in December the project’s advertising campaign will start.