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DreamPot ICO Overview


DreamPot is an online decentralized lottery based on blockchain technology. The whole process is governed by a smart contract without any interference of the human factor. The company has created the most honest and open lottery where the fair and transparent game is fully guaranteed, which is guaranteed by the Etherium blockchain network. The total prize fund in this case is more than 1,000,000,000 US dollars and is the largest prize fund in history.
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The advantages of such a lottery are that the process of combining and multiplying takes place. If this is clearer to explain, then we can say that the lottery is a complex of several related lotteries: time, daily, weekly, monthly, annual and super jackpot. A user only needs to buy just one ticket in order to cover and participate in the draw of all available lotteries in one fell swoop. In each lottery, with the exception of the super jackpot, there are 10 winners, which increases the probability of a participant winning each round by 10 times.
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The minimum ticket price is 0.01 ETH. Users can buy an unlimited number of tickets. In the process of drawing the winning numbers are determined randomly. to implement this technology is applied Oraclize. With the help of it is the generation of random numbers. In Oraclize there is initially a random number generation technology for use in lottery games. This allows smart contracts to receive such random reliable numbers that will not be known to anyone in advance. Such generation carries high mathematically grounded guarantees of justice. Now the lottery participant does not need to worry about the final results and that anyone is able to falsify the results of the drawings.
Thus, the DreamPot number generation is based on a unique and autonomous formula that cannot be manipulated and modified. A technology embedded in smart contracts, exclude the possibility of intervention in them managers and organizers of the lottery. They all become aside from the processes taking place, that is, they become ordinary observers of the action. Neither winning numbers nor lottery tickets can be forged.
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To participate in the lottery, the User must register on the DreamPot website and purchase Etherium (ETH). Etherium, to participate in the lottery, you can buy for Fiat or other cryptocurrency or tokens. Funds will be converted to Etherium at the current exchange rate. 
To register an account, you must provide your first and last name, phone number, date of birth, email address, address and payment information. Even when an account is registered, an electronic wallet is automatically started up where you can get funds. The wallet is impersonal. This means that the company does not transfer any personal data to the e-wallet provider and the number of the e-wallet created is automatically linked to your DreamPot account.
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After drawing all the numbers in the lottery, the prize pool is distributed among 10 winners of the winning accounts using the algorithm embedded in the smart contract. When those wishing to participate in the lottery recruited the right amount, the process of identifying the winners begins. 
The distribution and payout procedures are transparent and supported by smart contracts. Won means are transferred to the account from which the ticket was purchased. The final payment is made to the user's Etherium account after a successful KYC identification procedure. 
The funds raised will constitute the prize pool and are distributed as follows: 
Hourly lottery - 40% 
Daily lottery - 10% 
Weekly lottery -5% 
Monthly lottery - 5% 
Annual lottery - 5%
Super Jackpot - 15% 
Commission - 20%
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This concludes the review. I hope that everything explained to you is clear and the dark spots are scattered. But most importantly, I’m not getting tired of reminding that participation in such projects is not only high profitability, it’s primarily an investment with a high degree of risk. Therefore, it is possible to participate only after a full study of the project and to attract as many funds to participate as it’s not too bad to lose.
My Username : baywalk
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary
My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b
Telegram :@Baywalk321
Email : baywalk321@gmail.com

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