๐Ÿ”Utilities and benefits

We wish to compare the GoLOT! project. with the traditional lottery, using NFT as a "ticket".

GoLOT!:

ยท More than 85% of funds raised on GoLOT! They are intended directly for the benefit of the participants.

ยท Participants will always recover at least 20% of their investment for each NFT purchased.

ยท 13.5% of funds raised are allocated to provide additional benefits to GoLOT! giveaway winners, and these benefits are decided by voting. This makes it possible to offer returns to winners based on their chosen investments for the longest possible period of time.

ยท In the future, NFT "tickets" may be burned or exchanged for collaborating products, such as miners.

Traditional Lottery:

ยท In the traditional lottery, approximately 50% of the funds raised go to the state, and in our country (Spain), 20% is added in taxes.

ยท Obtaining a "refund" or a small prize in the traditional lottery is usually complicated.

ยท There is no possibility of obtaining profitability; The prizes are unique.

ยท Traditional lottery tickets, whether winners or losers, are generally thrown away.

Odds:

ยท In GoLOT!, the probability of winning a prize in the first rounds is 1 in 200. In the extraordinary draw, all NFTs are guaranteed a prize.

ยท In the traditional lottery, as more tickets are sold, the probability of winning decreases, such as in the Christmas Draw in Spain, where the probability is 1 in 100,000. Also, not all tickets have a prize.

These comparisons highlight the advantages of GoLOT! in terms of fund distribution, prize opportunities and the possibility of long-term profitability for participants.

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