BELOTTO

Mei 05, 2018

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mission to create the first global system of crypto currency traps

The Internet gave way to new types of gambling, which are formed on the Internet. Improvements in technology have changed the wagering habits, as well as video lottery terminals, keno and cards from scratch have changed the gambling business in the early 20th century. Gambling has become one of the most popular and profitable enterprises represented on the Internet.

Due to the discrepancy in the regulation of the global gambling industry and the number of enterprises in it that operate on the wrong side of the law, it is not easy to assess its overall market value, but it is known that it has an important share in the entertainment industry, increasing more than 400 billion dollars a year, and this includes lotteries, casinos, poker and others.

Despite this huge success, when these games are virtualized, the prospects become more complex, and a few inconsistencies, which are systems of online gambling, prevent people from investing their money through Internet options. Although there is growth, the truth is that the online gambling sector needs adjustments and improvements to be taken more seriously and attracted more players.

PROBLEM

Inconsistencies, lack of reliability, inflated services, and the fact that users never know what is happening behind their screens when they are playing online games are some of the problems that lottery users encounter when playing on the Internet (and this is not so much different from offline) a lot of uncertainty and doubt almost always accompanied by disappointment, and as a final result the potential industry grows at a faster rate than it should

DECISION

Before the blockade, we did not know the solution. But now the Belotto system is able to provide users with the money to go directly to the common pool, which will be accepted by the winners only through an autonomous and immutable structure based on Smart Contracts. And who will win? the riddle will be dictated by the most blockbuster, as an unprecedented decentralized drawing methodology. We will not even generate numbers, and you can check it all yourself. No manipulation here or not. This is almost perfect.

We provide innovation, transparency, trust and security for the most popular gambling game of all time, eliminating the risk of unauthorized use of money, drawing or manipulating the jackpot through a decentralized lottery scheme based on a block chain, and what's even better is that you declare you get , and not a cent less. With Belotto, the house never wins. Users do.

Three main lotteries will start this project:

MISSION

Belotto plans to create the first global decentralized system of traps with crypto-currencies, which will allow to manipulate to the end, establishing the greatest trust link between the cryptographic sphere and the opportunity supported by Blockchain, providing a new standard for the industry, so that each upcoming lottery worked in the same way, focusing on their users, and not on administrative bodies and, thus, offering the following advantages:

a) 100% transparency of the drawings

b) zero deduction for prizes

c) Global reach

d) Payment options in accordance with the modern world

e) Implementation of management

What makes Bellotto the best lottery

No location-based restrictions

Get jackpots in full - 0% deductions

No more fake data - accumulated prizes and winners

Know the numbers in real time

100% transparent pictures.

Check the winning numbers yourself.

OPPORTUNITY

In recent years, the lottery business has experienced significant growth, reaching net income of $ 22.57 billion per year only in the United States, and for eight years it increased its annual income of $ 4.94 billion, mainly due to double income, which is rooted in the increase in the number of working women, which increases the total income in households, allowing to purchase exclusive products and leisure and in general the spending potential of people in developed countries

It is also important to note how personal mobile devices contribute to the rapid "virtualization" of the world:

"The growing adoption of smartphones and tablets and the high penetration of the Internet will play a significant role in the growth of the market, especially in the mobile lottery segment." -Technavio.

Capitalization of the main crypto-currency markets and the social reception that they have achieved, replacing all the assumptions and disobedience to each statistic, demonstrate their great power.

BUSINESS MODEL

As for the distribution of funds in traditional systems, it is known that usually only 50% or less of the proceeds from ticket sales are intended for prizes. Here is an actual example of a distribution scheme from the United Kingdom Lottery Association for the period from April to 2016 through May-2017:

Smart Contracts automatically distributes 70% of each ticket to the jackpot, the remaining 30% will be used for business expenses, which include: salary, platform maintenance and support services, technology infrastructure, cloud computing services, marketing, advertising and revenue, among others The costs that can arise in the provision of high-quality services.

CREDIT SCHEME

The Belotto lottery platform will use Credits that will allow you to purchase lottery tickets and will be available for purchase through crypt currencies, Fiat money and BEL (which will give users special discounts). Credits can also be stored in user accounts so that they can use these services at any time faster.

BELTOS

BEL Tokens are built on the block chain Ethereum, which is a fundamental component of the Belotto ecosystem, developed in an integral form for use on the platform. The purchase of BEL tokens gives users the opportunity to buy lottery tickets and receive discounts in our privileged community. BEL Tokens can be obtained through pre-sale, sale and the second stage of the sale by buying credits