ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
Buy Crypto Now
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

Donocle – Blockchain Technology Based Transparent Lottery Platform

KryptoMoney Staff by KryptoMoney Staff
October 9, 2018
in News
0
donocle | donocle ico | donocle coin | Donocle ICO | donocle blockchain lottery
0
SHARES
188
VIEWS
Share on FacebookShare on Twitter

Donocle– Make Winning your Habit

People have been taking part in lotteries for a long period of time. With growing popularity, the lottery system has witnessed significant advancements. However, challenges such as high commission charges, lack of reliability, slow processing, etc., don’t allow individuals to harness the maximum benefits out of this system.

Donocle- Making the Lottery System Credible

Donocle is a blockchain-based lottery platform that relies on fairplay, while encouraging its players to maximize their earnings. Players can use 50 different types of tokens and coins in this global lottery project that has adopted the Open Data Flow technology. In other words, Donocle lets its players track real-time transfer of goods and money.  The word, ‘Donocle’ is a combination of ‘Donate’ and ‘Circle’. Winners pay a certain percentage of their earnings to the Donocle Foundation and retain the rest.

How is Donocle Different?

Players often complain about lack of transparency in several centralized lottery platforms. Many new players do not play online lotteries because there are frequent cases of rigging. High commission charges also deter many new players from coming into the system.

However, Donocle ensures that the entire process is fair and transparent. It also charges low commission, hence winners have the opportunity to maximize their earnings. Donocle fast-tracks the payment of prize money to the winners, where they can also track its movement in real-time.

The Lottery Process

Donocle uses an easy interface and allows players from all parts of the world to participate in this online lottery. After buying tokens, each of the players is given a unique six-digit number that is generated by the BTC counter. To ensure transparency, all the players are informed of the number of coins issued, sale number, and the price of the sale. These figures are updated regularly as the sale progresses forward.

Purchasing the Lottery tickets

Users visit the Donocle platform, create a wallet, and later view their dashboard. On the dashboard, the player‘s numbers are marked. Prices of these tickets are determined the same way as the BTC market price is arrived on the cryptocurrency exchange.

Donocle Airdrop – A Way to Offer Users Guaranteed Returns

Donocle Airdrop is a feature that allows users to deposit their money on the platform and earn steady profits. Users who deposit their tokens in the Donocle POS system in order to purchase lottery tickets, can avail regular Airdrop incentives. So, when users deposit funds in the form of crypto coins/tokens, MIB coins, or Donocle tokens, the platform ends up accumulating a good number of cryptocurrencies for each session. 10% of this overall fund is rendered towards Airdrop, and users receive incentives for retaining their deposit in the system based on the POS Proportion.

Types of Games

There are two main types of games played on Donocle :-

1.      Mini Lotto- It is played at 0:00 hrs UTC every day. Users select 5 digits from the right side excluding the first two digits of the Nonce value.

2.      Superball- This game too is also played at 0:00 UTC every day. Users select any six digits from 1 to 49 as well as a bonus number.

 Details of the Coin Sale

Buyers of the coins wanting to play lottery on the Donocle platform should look out for the following details:

1.  Name of Platform- ERC-20 or MIB ERC-20

2.  Symbol- DDL

3.  Name- Donocle

A total of 600,000,000 coins will be issued which will be allocated as under:

1.  Capital Reserves- 33.33%

2.  Marketing-30%

3.  Business Development-10%

4.  Global Network Development- 10%

5.  System Development-10%

6.  Operation- 6.6%

Technology at Work

The Donocle platform uses the Donation Global Blockchain Lottery System. The DGBLS integrates blockchain with the Global Lottery System (GLOS), a system that is used by many operators in sports. The SmartX Blockchain Platform is easy to use, inexpensive, and lightweight as it uses the Blockchain Hash Algorithm. Other conventional platforms use the GPU or ASIC software that does not give the players a great experience. The Donocle B System rides the Blockchain Donation Direct Transfer System. The advantage of this technology is that it transfers funds to the beneficiaries in a safe and transparent manner.

A Decentralized Global Lottery Platform

Donocle is a unique lottery platform built within the blockchain technology that envisions to eliminate the challenges of the traditional lottery system. It connects people from across the globe on a unified platform and allows them to take part in various lottery activities to earn stable and substantial returns.

Donocle Telegram : https://t.me/donocle1

Donocle Twitter : https://twitter.com/Donocle1

Donocle Facebook : https://www.facebook.com/donocle/

Tags: Blockchain technologydonocleICO Newslottery
Previous Post

"Bitcoin Is Close To Bottoming"Says Blockchain Capital's Spencer Bogart

Next Post

ORET ICO - Gold Mining Meets Blockchain Technology

Next Post
ORET ICO | Oret token sale | oret gold mining | gold mining blockchain

ORET ICO - Gold Mining Meets Blockchain Technology

Recent Stories

As NFTs Frenzy Catches On, Here Is Why NFTs Related Tokens, Audius (AUDIO), NFTX, FLOW Are Rallying

As NFTs Frenzy Catches On, Here Is Why NFTs Related Tokens, Audius (AUDIO), NFTX, FLOW Are Rallying

March 6, 2021
Altcoins Blow HOT! Uniswap Enters Top 10, Crypto Market Recovers As Senate Passes $1.9 Trillion Relief

Altcoins Blow HOT! Uniswap Enters Top 10, Crypto Market Recovers As Senate Passes $1.9 Trillion Relief

March 6, 2021
XRP Price Analysis: Bulls Await Fresh Rally on XRP/USD Beyond $0.5, Ripple Gains Legal Victory in Tetragon Lawsuit

XRP Price Analysis: Bulls Await Fresh Rally on XRP/USD Beyond $0.5, Ripple Gains Legal Victory in Tetragon Lawsuit

March 6, 2021
What’s Next for Bitcoin and Ethereum Price Amid Market Uncertainty? THETA, Terra Attain New All-Time Highs

What’s Next for Bitcoin and Ethereum Price Amid Market Uncertainty? THETA, Terra Attain New All-Time Highs

March 5, 2021
IOTA Price Analysis: Steady Climb on IOTA/USD to $1.50 Ahead of Coordicide Rollout, Bitfinex Adds IOTA As Collateral

IOTA Price Analysis: Steady Climb on IOTA/USD to $1.50 Ahead of Coordicide Rollout, Bitfinex Adds IOTA As Collateral

March 5, 2021
ETH Price Analysis: Upside Run Resumes As ETH/USD Fixate on $2K, Bolstered By On-Chain Metrics

ETH Price Analysis: Upside Run Resumes As ETH/USD Fixate on $2K, Bolstered By On-Chain Metrics

March 4, 2021
Venture Capital Investor Tim Draper Says Netflix May Be Next Fortune 100 Company To Purchase Bitcoin

Venture Capital Investor Tim Draper Says Netflix May Be Next Fortune 100 Company To Purchase Bitcoin

March 3, 2021
BlackRock

Citigroup Says Bitcoin Could Be At The Verge Of a “Massive Transformation Of Cryptocurrency Into The Mainstream.”

March 3, 2021
Bitcoin Retests $52K, On-Chain Data Indicates Long Term BTC Holders Were Not Fazed by the Recent Correction

Bitcoin Retests $52K, On-Chain Data Indicates Long Term BTC Holders Were Not Fazed by the Recent Correction

March 3, 2021
BTC Price Analysis: Buyers Weigh Up BTC/USD Price Beyond $52,000 As Stimulus Bill Sparks USD Bears

BTC Price Analysis: Buyers Weigh Up BTC/USD Price Beyond $52,000 As Stimulus Bill Sparks USD Bears

March 3, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.