What is True-Flip?
True Flip is set to be one of the first international blockchain lotteries, they offer fast payments, open source code and transparency in the prize fund and where the profits are distributed.
The draws will take place at 8:00pm GMT every day in which the system determines the winning numbers through the open source randomizer.
when you purchase a ticket the distribution is as follows:
- 60 % of the ticket cost goes to the Jackpot fund;
- promotion (15-20%),
- Token holders’ dividends (10-15%)
- management fee and referral rewards (5-10%).
The game itself is very simple and they have definitely made a user friendly site, you simply deposit Bitcoin and purchase a lottery ticket(s). They will be adding other ways of depositing e.g. Ethereum, Litecoin, Dash and they are even trying to set up a Visa debit system in order to buy lottery tickets. the draw will then take place at 8pm GMT and the winners will receive the Bitcoins almost immediately from the escrow service which they are placed in before the draw.
If you want a chance at winning a huge Bitcoin jackpot sign up following the link below.
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