Donocle is a global lottery project that has leveraged blockchain technology to maximize the transparency, security, flexibility, and reliability of the lottery system. The platform has adopted Open Data Flow (ODF) that enables users to monitor and validate the flow of money in real-time. Any user from around the globe who with cryptocurrencies can buy a lottery ticket and participate in the network to earn money.
Additionally, Donocle is derived from the word ‘Donate’ and ‘Circle.’ Living up to its connotation, the platform allows the winners to contribute a certain percentage of their earnings to the Donocle Foundation and retain the remaining amount into their wallet.
Donocle features an interactive and easy interface, which allows users, irrespective of their geographical location to participate in online lottery activities seamlessly. To initiate the lottery process, users can purchase lottery tickets with any of the 50 tokens available on the network. After that, each player is provided with a unique six-digit number, generated by the BTC counter. To ensure transparency, the total number of coins issued, sales number and price is made public to the users and as the sale progresses, these numbers are constantly updated for the players.
To acquire lottery tickets, users must create a wallet after which, they are offered a dashboard where their respective numbers are displayed. Moreover, the prices of these tickets are identified depending on the existing value of BTC on the cryptocurrency exchange.
Donocle leverages Proof-of-Stake (POS) system to securely allocate profits generated by the platform. It is one of the core systems of Donocle services which ensures an efficient and safe distribution, usage and functioning of the coin. It allows users to validate a block transaction based on the coins that they hold. This means, that with the increase in coin possession users have more opportunities to earn profits.
Additionally, Donocle has introduced Airdrop to ensure users with steady and profitable returns. When users deposit their tokens on the platform’s Proof-of-Stake system, they receive Airdrop incentives in return. Airdrop funds are gathered from the coins/tokens invested by the users on the platform, to purchase lottery tickets. Subsequent to each raffle session, the platform accumulates funds in form of cryptocurrencies. 10% of this overall fund is used for Airdrop which is distributed amongst the users based on the POS proportion.
The platforms primary objective is to offer individuals with a transparent and safe ecosystem to participate in lottery activities. To accomplish the same, the platform ensures that each process is open for the public to verify. Following are a few attributes of Donocle:
Donocle is a unique platform built within the blockchain technology that offers an effective solution to the critical challenges of the conventional lottery system. This global project allows users to seamlessly participate in various raffle activities and avail substantial profits in return.
The Donocle ICO starts from October 8th ~ January 31st.
The PreSale event includes the following benefits :
08 Oct – 21 Oct | Bonus = 100%
22 Oct – 04 Nov | Bonus = 50%
04 Nov – 18 Nov | Bonus = 20%
Donocle Website : https://donocle.io/
Donocle Telegram : https://t.me/donocle1
Donocle Twitter : https://twitter.com/Donocle1
Donocle Facebook : https://www.facebook.com/donocle/
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