NEOGAME-A Non Profit Gambling Project

Thejohnmatch

Introduction

As progressive as it sounds, Blockchain really is a system to convey everybody to the most noteworthy level of responsibility. Not any more missed exchanges, human or machine blunders, or even a trade that was not finished with the assent of the gatherings included. Above whatever else, the most basic territory where Blockchain causes is to ensure the legitimacy of an exchange by recording it on a principle enroll as well as an associated dispersed arrangement of registers, which are all associated through a safe approval component.

The blockchain is a morally sound computerized record of monetary exchanges that can be customized to record not simply money related exchanges but rather for all intents and purposes everything of esteem. Blockchain innovation resembles the web in that it has a worked in power. By putting away squares of data that are indistinguishable over its system, the blockchain can’t be controlled by any single substance and has no single purpose of disappointment. The web itself has turned out to be tough for just about 30 years. It’s a reputation that looks good for blockchain innovation as it keeps on being produced.

OVERVIEW OF NEOGAME

Neogame's main goal is to change the worldwide betting business sector into a non-benefit and no-have display make a space where no one profits on diversions and no one is intrigued to pursue issue gamers. Neogame is another lottery amusement that does not serve any recipients: it has a zero house edge and nobody will have the capacity to get to the assets: the best way to get them is to figure the triumphant lottery numbers.

The possibility of the new Neogame venture is to make a lottery that does not have a coordinator, and isn't a specialty unit by any means. Neogame will be administered exclusively by a lottery savvy contract, which self-sufficiently executes the diversion algorythm. The brilliant contract holds reserves, gets arbitrary numbers and circulates prizes in a totally clear straight way.

Along these lines Neogame takes out hosts, go-betweens and any businessmen from the amusement. There are just players playing with one another and the lottery shrewd get that makes the no-commission diversion conceivable.

Neogame will work utilizing Ticket Tokens (TKT) as both lottery tickets and prize reserve money. The supply is restricted to 500 million tokens, and we will work to build their esteem. At the point when tokens esteem develops, the prize store develops relatively. In the event that token esteem increments fundamentally, the big stake size can be colossal.

For what reason IS NEOGAME UNIQUE?

•Completely self-governing

In light of Ethereum shrewd contracts, the lottery will exist as long as blockchain exists. It doesn't require brought together administration, it will simply accumulate assets from tickets sold and disseminate them all among victors as indicated by a reasonable and clear calculation. Neogame won't serve any recipients: no one approaches its supports other than by effectively speculating WINNING lottery numbers.

•Versatile Jackpots

Neogame will work utilizing Ticket Tokens (TKT) as both lottery tickets and prize store cash. The supply is restricted to 500 million tokens, and we will work to expand their esteem. At the point when tokens esteem develops, the prize reserve develops relatively. In the event that token esteem increments essentially, the big stake size can be gigantic.

•Zero Commission

No lottery on the planet offers such conditions for players as Neogame. It gives every single raised store to champs, while different lotteries more often than not leave half of assets for themselves and their activities. In addition it's up to 7 times more inclined to win a bonanza with Neogame than with most prominent lotteries. It is completely mysterious and champs can take their prizes promptly.

•Waiver of possession rights

The task group does not guarantee any possession rights over Neogame. After the venture is propelled, the lottery will have a place with people in general: lottery players' and token holders' locale. Anyway no one will have possession rights over Neogame and in addition no one can influence the diversion.

•Moral Mission

Betting compulsion and issue betting is an overall social issue, and this task is that intended to battle against flighty betting. At the point when the world betting business sector changes over to a charitable model, no one will pursue up betting addicts any longer. This is our push to improve the world an and more joyful place.

Token Details

Start: 30 September 2018

End:30 October 2018

Cap: 100 000 ETH

(23 231 000 USD)

Goal: 2 000 ETH

(464 620 USD)

Price: 1 TKT = 0.00025 ETH

Token Development Drivers

The token deal will offer a rate of 4,000 tokens for each ETH, which will elevate to roughly 10 pennies for every token at the date of Whitepaper distribution. This is the underlying cost for a lottery ticket, and will be liable to changes because of free market activity.

Emission

There will be limited emissions of 500 million tokens. Smart contracts do not allow for additional emission of tokens in the future.

Token Distribution

Sales of tokens (80%) 400 million

Team (10%) 50 million

Advisor (5%) 25 million

Bounty and drop water (5%) 25 million

Circulation as a prize

The prize pool consists of TKT tokens, and its value will be volatile to the same extent as the token's exchange rate Using Blockchain:Ethereum network,Token Contract Crowdsale contracts,and Lottery contract

Ethereum Network

Ticket Token generation and turnover, crowdsale process, and in the operation of Neogame as a lottery are powered by Ethereum Network, a decentralized platform that runs smart contracts. It makes Neogame run exactly as programmed without any possibility of crashing, censorship, fraud or third party interference for the entire blockchain lifetime.

Token Contract

Ticket Tokens will be issued in Ethereum Network using the ERC20 token standard and are compatible with any wallet that supports Ethereum-based tokens. They are used in three different capacities: as a tradable cryptocurrency, as lottery tickets and a prize pool asset. The supply of tokens is limited to TKT 500 million and no additional emissions are allowed by the token smart contract.

Crowdsale contract

Neogame fundraising will be held using a crowdsale smart contract. Contributors will send funds, in Ether, to the smart contract address. All assets collected on the smart contract will be frozen until soft cap is reached. If during crowdsale the soft cap is not reached, the smart contract will send all money back to the contributors

Lottery contract

Neogame is truly independent of any human control. It is governed exclusively by the lottery smart contract that autonomously invokes the game logic. The smart contract keeps funds, manages drawings, generates the lottery’s random numbers and gives away prizes in an absolutely clear manner. The content of the smart contract and all the transactions are kept in the blockchain and are easily traceable by anyone.