DONOCLE – The Blockchain Based Global Lottery

INTRODUCTION

Lottery can be defined as a form of gambling whereby prizes are won just by drawing of numbers. If the player selects amongst the numbers drawn, he or she becomes a winner. Lotteries are banned in some countries by governments, while it is legalized in other countries while it is been regulated by government ministries and agencies. one the common law is the sales of lottery tickets to under age children, and licensing of shop owners/vendors.
Lotteries comes in so many formats. The rewards/prices can be in the form of goods or cash.
The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations One firm at the forefront of this innovation is DONOCLE a global LOTTO project with more than 50 types of coins and tokens that are utilized on blockchain-based lottery-draw method and prize, which are impartial and transparently revealed to maximize the fairness.

WHAT IS DONOCLE?

The lottery system which is known to be banned/restricted in some part of the world by government and its institutions is now opened to the entire world by the help of DONOCLE, an online lottery system/platform that uses more than fifty (50) types of digital currencies to offer a global lottery ticket. the prizes are known to be transparently revealed in order to offer absolute fairness, This is achieved by leveraging the blockchain technology and MIB Blockchain Platform to achieve this in order to bring a revolution to the lottery industry.

Vision

The lottery industry has drastically witnessed a revolution with the help of Cryptocurrency and the Donocle standardised and transparent system will be at the forefront of the market.
DONOCLE Team having loads of years of experience in the online gaming and mobile games market hope that the blockchain Industry will be integrated with our real economy, and thus
construct a secured project in the industry.

WHY ONE NEED TO INVEST IN DONOCLE

No one can survive in the trading market just by the activities of its marketers and conducting events as this alone cannot attract investors.

The investor whom trust the project to put their money into the project will receive in total ten percent (10%) of the lottery sales through the DONOCLE Proof of stake (POS) system.

The investor will also receive up to fifty (50) kinds of coins.

Donocle will do all that is possible to prove its value will soar because for sure, the trading price will increase as its reward/winning prize becomes bigger.

PROBLEMS DONOCLE SEEKS TO SOLVE

Low credibility & worries of Rigging
High Lottery Commission charge
Slow process of Prize/Donation transfer

SOLUTION PROVIDED

Provision of transparency through Blockchain Algorithm

Free or low charge

Revealing the process of Prize/Donation transfer

How It Work’s?

Donocle’a POS or Proof-of-Stake Protocol has a power of mechanism that a precise amount of profit will be stored. Users will be asked for KYC or Know-Your-Customer.

What if You won the Lottery? Well just in case, you will be needed to submitted the KYC within 3 months from your winning date.

How will You Join the Lottery? If your a token holders, you can join! Because the Lottery tickets can only bought for tokens, and the raffle number will be accord with nonce value of the Bitcoin.

FAIR GAME SYSTEM

DONOCLE is an Online Lottery System that utilizes Bitcoin and other Altcoins as commodities.

DONOCLE project is based on MIB Blockchain Platform, and we increased safety and credibility through the combination of C/S environment and Blockchain rather than putting Blockchain and any business together.

DGBLS (Donation Global Blockchain Lottery System)

DGBLS is DONOCLE Lottery(Lotto, TOTO) Operating System that combines blockchain with GLOS(Global Lottery System) of Korea which is globally renowned for its usage in managing Sports TOTO(Korea) System.

DONOCLE LOTTERY SYSTEM

The Donocle Lottery system comprises of the following:

Lottery Drawing Process,
Confirmation of Prize Money,
Purchasing the Lottery and
Lottery Ticket Price.

They have adopted ODF(Open Data Flow) that enables users to monitor the transfer and flow of goods(money).

Global Lottery
Construction of Global Lottery System that are not limited to individual country.

Transparent System
Secured transparency of Online Lottery Prize System through Blockchain Smart Contract.

Airdrop & Donation
Revenue of Lottery Service are partially used for Airdrop and Donation.

Process In Choosing The Winning Number:

Winners are selected according to first generated blocks. Did you know The Super Grand Lotto? If your not familiar with that, it needed a 6 winning number to take a part of it, and Just like that, the Super Ball of donocle needed a six or more blocks of winning numbers to take part in it. And if the Supper Grand Lotto has a numbers of 1 to 69,as Donocle established the rules, the raffling process will take place for the numbers 1 to 49 only. So if there will be an overlapping case of numbers of the randomly chosen numbers , the next blocks will be generated. All of possibilities need to think so in case with the other patterns those numbers exceeding to 49, same way as in case with overlapping will be applied.

TOKEN AND ICO DETAILS

NAME – DONOCLE
SYMBOL – DDL
PLATFORM – ERC-20 or MIB ERC-20
TOTAL ISSUE – 600,000,000

TEAM

The DONOCLE team has years of experience working in TigerPools SportsTOTO system, this is a plus as SportsTOTO is a lottery system only been run by the Korean government

The team is the only one with the absolute knowledge of the lottery ecosystem, how to run the service and lastly how the legal basis is been created for it.

The team is also comprised of expert developers and have years of experience developing online games

The team also comprises of members whom are pros in analyzing markets, service providers and product designing.

The team has developed MIB Coin Blockchain, and the IOCP based mass server technology has provided over one hundred thousand concurrent users.

PARTNERS

DONOCLE has partnered with OSUNG Accounting Corporation by signing a contract with them.
Therefore, OSUNG Corporation will be the one to audit the financial accounts of DONOCLE.
Donocle is also pushing for partnerships with national lottery project company for a marketing alliance. donocle has IDCM as business partner.
IDCM has its cryptocurrency exchange based in Hong Kong. the company will be the one to conduct Donocle Initial exchange offering and also provide listing for it.