Roger's Wheel business model. Will be applicable for other instant games as well.
The retention percent in the wheel is not more than 5%. The return is 95%. In other words, the revenue of the platform will result from all bets placed during a certain period minus winnings pay out ~ 5%.
100% percent of the platform revenue shall be distributed as follows:
10% percent every 2 weeks will be charged to the smart contract responsible for the distribution of commissions to token holders. Further, according to the payment schedule, commissions will be paid off to token holders.
The other 90% will belong to the affiliated partners.
In the event when the game takes place directly on the site Firelotto.com, then 10% will be distributed among the FLOT holders, and the rest will go towards the development of new games, platform improvements, and marketing.
In order to ensure transparency, a players personal account will have statistics of all bets and the platform income in live mode. Everyone will be able to find his personal bets live and ensure that the data is transparent and reliable. The amount of Commissions transferred to the smart contract every two weeks will be reflected in the blockchain.
