FAQ

Read some of our frequently asked questions below to learn more about Lotto Nation.

Smart contracts are similar to traditional legal contracts, with the key difference being that they are written in code and thus can be executed automatically without involving a third party. One of the most popular platforms for smart contracts is Ethereum, which is the blockchain that Lotto Nation will be built on. In the Lotto Nation platform, all processes from ticket sales, winning numbers, prize payouts and insurance models will be automated, transparent and fully secure. Smart contracts eliminate the risk of manipulation while maximising efficiency.

WNT is the native utility token of the Lotto Nation platform. This means that it will be used for all transactions within the platform, and thus its utility will increase as the value circulating within the Lotto Nation platform increases.

There are numerous ERC-20 compatible wallets that you can use. Some popular wallets include Metamask, Exodus, and Ledger, but there are many others. We advise that you research all of the various options and choose one that has a good, trusted reputation.

The IEO will be conducted in two stages: a private pre-IEO sale and a public IEO sale. The private pre-sale will begin on the 1st of March, 2020 and will have a duration of 2 months, finishing on 15th April, 2020. During pre-sale, interested buyers will digitally sign a token pre-purchase agreement, where Winners Group commits itself to deliver a specified number of WNT tokens in the buyer’s digital wallet at the end of day 1

of the IEO public sale.

Fundraising and the use of Winners Group Tokens (WNT) will help finance platform development and marketing, so we can focus on improving the online lottery ecosystem and making it mainstream. Our goal is to create a blockchain-based lottery platform that is accessible and affordable to experienced and novice players for leveraging the benefits of blockchain-based lottery betting.

After the IEO is concluded, the WNT token will be listed on a digital exchange chosen by the management team and announced on the website. From that moment on, the price of the WNT token will be established by the market according to supply and demand.

After the IEO is concluded, the WNT token will be listed on a digital exchange chosen by the management team and announced on the website. From that moment on, the price of the WNT token will be established by the market according to supply and demand.

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