Blockchain technology comprises such a wide range of transformational use cases and advantage from creating financial independence in the business world to making e-commerce more easier to other very important aspects of life. While analyzing technology growth of the last 20 to 30 years, from microprocessors to mobile technology, to the internet, it is clear that with blockchain technology posed as an incredible opportunity to create real economic disruption, change and freedom in the world.
Satoshi Nakamoto gave us a classic idea in his white paper and in the bitcoin blockchain, where for the first time ever a digital currency could be traded without the need for an intermediary or third-party. Taking that one step further, Nakamoto’s invention of a distributed ledger system has opened up a new platform for secure and open data sharing. Similar to how the internet fundamentally changed the way we share information, today we have a new open platform for innovation that is going to revolutionize the way we transact as individuals, governments and business (and machines too).
Lottery are kinds of gambling in which involves the processes of drawing numbers usually for a price, it is seen as illegal by some societies, communities, and government while other clime hugely endorse it as a legal national or state lottery; lottery is all over the world is losing its essence and value because lotteries winners are no longer decided through fair drawing procedures and the lack of transparency in terms of using its funds. Blockchain in its usual way of making everything it comes in contact with better, more efficient and more secured has also developed the tombola as its first ever fully developed EOS gaming platform. That ensures that users get rewarded very quickly without any additional charge.
Tombola is a blockchain enabled lottery platform that ensures efficiency, accountability, security and fairness all round, with tombola users can easily purchase tickets using virtual money and proceed duly with the game, all rewards gotten are automatically shared disbursed according to the number of win. A participant in a lottery using tombola will be able to use his or her value gotten through wins or purchases through the usage of distribution systems and game services. Blockchain designs the tombola in way that totally makes lottery (gambling) business better than any other lottery system out there with blockchain and tombola rolled into one lottery is sure set to enjoying a new face of transparency and revolutionalization. Overtime dynamic developments of lottery business has been hampered by grave dishonesty of its games, tombola offers a higher value proposition using its basic gaming structures such as seed chains, seed of players, nonce to get game results, chain seed and player seed. They all contain unique content that is fully tombola based.
ABOUT THE TOMBOLA PLATFORM PROPER
The tombola blockchain enabled project is solely designed as an all encompassing innovative approach to lottery(gambling) platform, it now allows for the purchase of tickets using crypto currency, it offers a unique fair winning system that enhances the possibilities of success, boost user confidence and uphold the integrity of remuneration distribution processes. Games played are systematically (randomly) developed and stored in the blockchain so as to ensure probity of results. Blockchain possess the ability to bring to bear all its challenges of transparency and security. It fosters a basis of assurance of secured facilities and data. It ensures that its very own digital currency (cryptocurrency) is strictly used within the platform for settlement purposes. There is a possibility that the interest in the platform will grow overtime and the need for crypto currencies will also grow commensurably so its accrued value for its already existing users will be of immense benefit to them. The tombola platform is designed to operate on an EOS encryption, it allows for accessibility using the internet so as to give a wider range usage and accessibility to its services worldwide. It also offers avenues for betting using known crypto currencies such as ethereum, bitcoin and also allows for internal use its TBL tokens usually for calculative purposes without any extra fees. Tombola is designed to spur motivation through the distribution of 50% tombola income amongst its token holders.
With its game service application the fun just gets better because it will facilitate powerful technological synergies, legitimacy, anonymity, legitimacy and accessibility. It promises fair rules leveraging on blockchain and smart contracts to produce exact lottery results.
WHY TOMBOLA IS EXCEPTIONAL
It ensures blockchain protection as against all forms of falsification of lottery results
The harbors no internal cost or charges whatsoever (TRANSPARENCY)
There usually a basis and enthusiasm to play more because you user will believe in the system rewards.
There is assurance and full confidentiality in keeping of all funds and important information’s.
A smart contract automatically ensures fair payments.
TOMBOLA TOKEN
One of the most interesting uses of Blockchain technology is the development of digital assets which represents values. These assets are known as tokens and their values may be monetary inclined, identity, or a representation of real world assets like company shares, raw materials, real estate, etc.
Ethereum platform allows users to securely create and use tokens backed by smart contracts. A smart contract is a computer program that executes legally binding contracts based on specified terms. These contracts also act as an escrow system for the safe storage and release of funds or other digital values without the need for third-parties. Smart Contract tokens guarantee against fraud and scams due to the fact that the contract will only execute when its specified terms have been . It is on this technology that Tombola token (TBL) is built on
Tombola token (TBL) is used in the blockchain enabled EOS platform, priced at about 0.0468USD, its token sale quotient is 25000000 TBL 50% and maximum supply is 500000000 TBL.
CONCLUSION
With tombola i strongly believe the impossibilities of the world of lottery will be made quite possible blockchain will do the needful and the tombola team will crown it all.
Learn More About Tombola:
Website: https://www.tombola.io
Whitepaper: https://www.tombola.io/whitepaper.html
Medium:* https://medium.com/@tombola
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4691540.msg42333752#msg42333752
Twitter: https://twitter.com/TOMBOLA_COIN
Telegram: https://t.me/TBL_tombola
Writer: lynks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1266433