One of only a few real-life applications that use blockchain technology, MegaEther is the world’s first totally decentralized lottery platform based on the Ethereum blockchain and managed by smart contracts without any human intervention. MegaEther offers various types of gamblings: a mega lottery, roulette and so on. The total prize pool upto ETH 10,000.
The lottery platform features a licensed crypto exchange with a user-friendly interface that allows players to buy lottery tickets with cryptocurrency and fiat (using credit cards or PayPal).
In total, maximum 500 million MEGA tokens have been issued. Token holders receive a 40% commission on all lottery ticket sales, which is paid in ETH daily. Tokens can be held as shares. In the latter case, MegaEther sets a rate that is higher than that on exchanges, rewarding token holders while also helping to increase the demand for tokens in the marketplace. MEGA tokens will be traded on famous exchanges.
Google Play App Store White Paper
Why MegaEther ?
How MegaEther is revolutionizing the way the world plays.
SMART
The platform has no server, and everything is based on smart contracts. Our developers have solved the issue of handling thousands of instant payment transactions without putting noticeable pressure on the Ethereum blockchain.
PROVEN
MegaEther is fully operational and enjoyed by players around the world.
BULLET-PROOF
Full decentralization of the platform makes it independent, autonomous, anonymous, secure and transparent.
RECORD-BREAKING
40% of lottery ticket sales go to the prize pool. Thanks to the low costs of running a blockchain-powered lottery, MegaEther contributes a larger percentage of profits to the jackpot than a traditional lottery ever could.
REVOLUTIONARY
New blockchain games are being added to MegaEther as it quickly gains popularity.
GLOBAL
It cannot be banned or forbidden by any government or state monopoly.
ACCESSIBLE
The source code is public, and anyone with Internet access can play, invest or become an affiliate. MegaEther is already hosted on 120 affiliate sites around the world…and counting.
UNBIASED
Anyone who has Internet access can play, regardless of their citizenship.
Problems Solve
WINNABLE: A player’s chances of winning the jackpot in MegaEther are 30 times higher than in a traditional lottery.
INFALLIBLE: Thanks to its decentralized blockchain technology, MegaEther eliminates the possibility of human intervention.
RELIABLE: Almost instant payments are guaranteed by MegaEther’s smart contracts.
SAFE: Unlike traditional lotteries, MegaEther winners remain anonymous, so they are far less likely to become targets for scams or crimes.
TRANSPARENT: Unlike other lotteries, MegaEther publishes all data on ticket sales, income, costs and other performance indicators.
UNMONOPOLIZABLE: Since MegaEther’s blockchain technology is beyond governmental control, all restrictions imposed by national borders and state lottery monopolies disappear. For the first time, anyone around the world can play the same game.
FAIR: Using an automated double-random number generator built on the Bitcoin blockchain, MegaEther eliminates any possibility of tampering.
INCLUSIVE: By purchasing MegaEther tokens (MEGA), anyone can take part in co-owning a profitable lottery business.
LotteryChanceMegaEther Lottery1 to 8 millionSuperEnaLotto (Italy)1 to 623 millionPower Ball (US)1 to 292 millionMegaMillions (US)1 to 259 millionEuroMillions (US)1 to 140 millionEuroJackpot1 to 95 millionUk Lotto1 to 45 millionSpanish Lotto1 to 32 millionLotto Maxx (CAN)1 to 29 million
Cold Staking
Cold staking is a protocol that rewards long-term coin holders for staking their MEGA coins.
1. Cold Staking is not related to Proof of Stake or a consensus mechanism. Cold stakers have no rights in generating blocks or confirming transactions. They receive interest for holding their coins. Think about cold staking as a form of passive income on your investment.
2. The MEGA cold staking protocol is written in Solidity, a smart contract programming language. The cold staking contract receives 20% of all mining rewards per block and distributes this amount among cold stakers in direct proportion to their stake.
3. The reward for each staker is calculated at the moment of reward claiming.
4. Cold staking workflow:
- a. After the MEGA owner has deposited their coins into the staking contract, the funds are locked for a certain period of time (approximately 27 days).
- b. The cold staker cannot access their funds during the locking period.
- c. The longer a staker “stakes”, the higher the reward will be.
- d. After the locking period expires, there are three options for the cold staker: (1) claim the reward and continue staking, thus locking their funds for another month. (2) claim the reward and withdraw their entire stake, or (3) Do nothing.
- e. When a staker does nothing for a certain amount of time (2 years) after the locking period has ended, then they are considered inactive and are removed from the staking contract. The inactive stake is returned to the stakers address. No reward shall be paid to inactive stakers.
- f. Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the total amount of MEGA that is currently in the cold staking contract. As a result, each staker's reward depends on other stakers' stakes.
- g. There is no minimum staking amount.
- h. A cold staker can only stake with their own deposit address. It is not possible to send rewards to someone else's address, or grant someone permission to claim the reward on your behalf.
- i. A cold staker does not need to run a node to stake. They only need to invoke the staking contract twice: once to make a deposit and again to claim the reward.
RoadMap
Whitepaper
- Public release of our proof of concept. Call for investment from enterprises.
Smart Contracts
- Implement smart contracts for MegaEther. Implement blockchain Lottery structure. Deploy as DAPP service.
MegaEther Lauch, open sell Mega STO event
- Publish MegaEther websites, mobile applications in both IOS OS and Android OS
List MEGA Tokens via Binance launchpad, Huobi, HitBTC
- The mega tokens will be listed on famous exchanges.
- Release more gamblings in MEGA platform
- Instant-win game launch.
Payment integration with Stablecoin
- Deploy MEGA's platform to TRON blockchain.
- Deploy MEGA's platform to EOS blockchain.
Distribute more MEGA (STO event season 2)
- Open STO event season 2.
API for affiliates
- The affiliates can integrate MEGA's platform to their apllication.
MEGA Tokens Information
Token Name:MEGA TokenCode:MEGAPublished platform:ERC20Total Supply:500,000,000 MEGAStart:September 05 2019End:October 05 2019Cap for STO:50,000,000 MEGACommitted exchange:Binance, Huobi, HitBTCRound 1 Price:1 ETH = 2000 MEGA
Round 2 Price:1 ETH = 1200 MEGA
Round 3 Price:1 ETH = 800 MEGA
Min Buy:0.5 ETHMax Buy:100 ETH
Bounty Program
MegaEther decided to run Social Media Campaign Bounties for MEGA's angels. The total reward upto 300 ETH
AFFILIATE PROGRAM
RewardsDescription5% of JackpotThe advisor will get 5% of Jackpot if his F1 member win the Jackpot1 ETHThe advisor will get 1 ETH as reward if he becomes the LV 3 Agent (if his members buy more than 1,500 tickets).10% of tickets fundThe advisor will get additional 10% of tickets fund each round as reward if he becomes the LV 3 Agent.3 ETHThe advisor will get 3 ETH as reward if he becomes the LV 2 Agent (if his members buy more than 7,500 tickets).7% of tickets fundThe advisor will get additional 7% of tickets fund each round as reward if he becomes the LV 2 Agent.10 ETHThe advisor will get 10 ETH as reward if he becomes the LV 1 Agent (if his members buy more than 37,500 tickets).5% of tickets fundThe advisor will get additional 5% of tickets fund each round as reward if he becomes the LV 1 Agent.
Press About MegaEther
Many newspapers are talking about Megaether right now! Check here!
https://coinspeaker.com
https://bitcoinnews.com
https://coinidol.com
https://thebitcoinnews.com
https://themerkle.com
https://nulltx.com
https://cryptocoin.news
https://tiendientu.org
Reviewed By DApp
Megaether was reviewed by various Decentralized app organization
https://dapp.review
https://www.stateofthedapps.com
https://dappradar.com
For more information;
Official Website : https://megaether.co/
Telegram : https://t.me/MegaEtherofficial
Twitter : https://twitter.com/MegaEtherLotto
Bitcointalk Username :Osric Caesar Nohan
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2691292
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