LotteryX Whitepaper
  • LotteryX.io
    • Introduction
    • Lottery Market
    • Traditional Lottery Issues
    • Solutions
    • Traditional vs LotteryX
    • Security
    • Roadmap
  • Tokenomics
    • Tokenomics
    • Token Distribution
    • Vesting
  • Useful Links
    • Links
  • Litepaper
    • Litepaper - Introduction
    • LotteryX vs Traditional Lottery
    • Token Distribution
    • How To Play
    • How to Create your own lottery
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LotteryX vs Traditional Lottery
  • Token Distribution
  • $LTX Token Details
  1. Litepaper

Litepaper - Introduction

LOTTERYX is a fully permission-less, cross-chain DeFi-powered, play-to-earn lottery dApp.

The long-sought solution to a fair and modern lottery model, leveraging the advantages of blockchain technology that offers a practical approach to simplify the current lottery model by fixing its defects. LotteryX players can enjoy fast, reliable, and tamper-proof technology whilst maintaining the traditional elements. 


LOTTERYX awards the player with the asset they contributed with, unlike ALL other platform that limit the winnings to the native token ONLY.

LOTTERYX REFERRAL is UNIQUE to the platform and encourages players, projects, new tokens, influencers and token communities to promote lotteries on the platform with 2% share of profits for life. These profits are sent every 12 hours to the unique wallet set up with the unique referral code allowing for passive income and larger lottery pools to be paid out. ​


LotteryX vs Traditional Lottery

LOTTERYX

TRADITIONAL LOTTERY

Open-source code and permission-less with the highest level of security

Limited security and privacy, centralized and labor-intensive

Smart and powered by a full autonomous operation

Slow and inefficient manual process

Real-time growing prize pool, and near zero operating cost

Excessive administrative and operating expenses

Global access to different types of famous lotteries

Regionally available only at authorized retail locations due to operation limitations

Prize pay-outs are effortless, and claimless without the participation of third parties

Need to hold on to physical tickets, manually check for winning numbers, visit head office for large payments, and limited claim period

Token Distribution

Total Supply

555,555,555 $LTX

Liquidity

15%

Private Sale, Presale

3%

Team

18%

Advisors

13%

Community, Marketing & Operations

51%

$LTX Token Details

Token Breakdown

Token Breakdown

Total Supply

555,555,555

Hardcap

2,160

Presale Rate

0.079

Listing Rate

5,860.759494

Liquidity on Dex

15%

Marketcap

$49,333,333.28

Initial Mint

83,333,333.25, 69,444,444.38, 13,888,888.88

Tokenomics

3% Total fees

BUY: 1.5% = 1% RFI $LTX TOKEN, 0.5% BURN

SELL: 1.5% = 1% JACKPOT, 0.5% BURN Staking will be multi-chain partnerships with up to 1,000% APY yearly.

Thank you for reading our LitePaper, we wish you Good Luck and Good Fortune!

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Last updated 3 years ago

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