DELOT.IODELOT
$0.000878
Market/Exchange
DELOT Price Prediction and Price Movement
DELOT is up 34.46 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of DELOT can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, DELOT has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on DELOT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
DELOT.IO Price Chart
About DELOT.IO
DELOT is the decentralized lottery game for token holders. DELOT 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 Another disadvantage that is particularly relevant to national lotteries is their outdated offline format that requires players to buy a ticket the old-fashioned way.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. They can get additional tickets just by holding, the more token they hold the more ticket they get, so they are beneficial by increasing the chance to win lottery round just by holding, they do not need to deposit more (spend more tokens to get more tickets). Especially, the more ticket they have, the more chance to win the grand prize. Unlike a traditional lottery where players must continuously buy tickets for every drawing, DELOT focuses on simplicity - just acquire the token, hold it, and they will automatically be entered into the next lottery rounds thanks to the Auto Pool feature. The entire process is managed by ONE smart contract and deployed to run on-chain. By using with ‘Chainlink Keepers’ and making the smart contract is compatible with the UpKeep, the lottery game can run endlessly. No need to choose lucky numbers as the traditional lottery. Players are required to hold tokens till the end of the round to get more tickets, so it will drive the demand of tokens. Not only will it increase DELOTE token prices, but players will also get more chances to win the grand prize, so this is a way to double incentive for Hodlers. Allow to join next rounds automatically. No action is required from users to join. Unlike a traditional lottery where players must continuously buy tickets for every drawing. Moreover, players get more tickets by joining the round soon, so that have chance to win the round. Provably fair and verifiable source of randomness (Chainlink VRF) is used in the winner selection algorithm. DELOT lottery game is developed to launch on any ERC20 token, so THE PROJECT can reach larger community. We have a specific Charity wallet that receives a portion of the Lottery Pool. Tokens will be converted to BNB and transferred to our charity partner – Binance Charity. DELOT has a ENMT token that is minted token is fully ERC20 compliant with no fee/tax on transactions. It has no mint function, no owner and admin functions, no unsafe code, fully ERC20 compliant and fully decentralized. It also audited by Solid Proof.