What Is Delot (DELOT)?
Delot is the decentralized lottery game for token holders. The token is the utility token that is used in the Lottery game. Traditional lotteries are restrained by multiple factors that are slowing their progress down by discouraging potential participants. Since they are centralized, there is virtually no control and transparency on what the lottery provider does. There have been reports of fraudulent behavior by the provider such as unpaid winnings, manipulation of the RNG (random number generation) mechanisms, which, as a result, undermines the trust and discourages potential gamblers or betters to participate in them.
Another disadvantage that is particularly relevant to national lotteries is their outdated offline format that requires players to buy a ticket the old-fashioned way. What is more, these national lotteries offer limited prize pools since they are restricted only to the country they are conducted in. In the traditional lottery, players pay for the number of tickets they want to get. E.g.; Ticket price is $1, players pay $1 to get one ticket, $2 for two tickets and so on. DELOT has the better mechanism: players only need to deposit a little token to join the round.
Important Points Table Of Delot
Basic | Points |
---|---|
Coin Name | Delot |
Short Name | DELOT |
Circulating Supply | 62,431,933.20 DELOT |
Explorer | Click Here To View |
Documentation | View Document |
Website | Click Here To Visit |