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.
SmartX Blockchain Platform.
SmartX Blockchain Platform is a platform that has achieved convenience, popularity, economic advantage and lightweight by adopting Blockchain Hash Algorithm on Mobile SmartX Platform, and it has significantly reduced Blockchain maintenance cost compared to conventional Blockchain that has been relying on GPU or ASIC hardware which are pretty expensive.
DONOCLE B System (Blockchain Donation Direct Transfer System).
DONOCLE B System is brought to solve illogical part of traditional donation system. This new Donation Infra-System transfer donation funds to Beneficiaries or Beneficiary Organizations transparently and credibly on Blockchain technology.
Rated on Nov 1, 2018
Modified on Nov 5, 2018
Round 1 - 100% Round 2 - 50% Round 3 - 20%
Bonus 100%? Please explain the rationale for this generous bonus?
I will be willing to revise this rating if the team responds.
All the best!
ICO team member replied on 5 Nov 2018
Thank You for digging deep into our project and we are very happy to clear your doubt. Since lottery industry is widely accepted in many areas yet blockchain will be something that people will not suddenly accept in the lottery system. Yet we know that blockchain is necessary for a trustless ecosystem in the lottery market and reduce the fraudulent activities as well as data forgery. To get this idea easy to digest amongst our community we have increased the incentive to a bonus of 100% which should clear a little bit doubt left in the community. As the understanding of blockchain and its benefits spread in the community we start lowering the bonuses and finally reducing it low enough to only attract new people in the ecosystem.
We really appreciate these type of questions because one person asking a question clears doubts for everyone that reads it. We thank you very much for your review and hope you will be rating us according to our answer.
Thank you for the reply.
This project looks set to take off.
All the best!
Rated on Nov 2, 2018
Interesting project. Similar to lottery.com. I have questions on how POS work or whether the idea of POS is correct in this project. Because it is highly on the ethereum network and I doubt it can be completely be POS. What they might meant is that there is proof that someone has stake in the system but not the blockchain "POS".
Rated on Nov 1, 2018
Solid team of technical and domain expert chiefs.
Comprehensive white paper covers business, finance, and technical info.
I have been a big fan of lottery on blockchain and I was in belief it’s not possible to do it totally decentralised way. I am looking forward trying out Donocle MVP and will be happy to raise product ratings.
Our MVP is on development right at the moment and we will be uploading it by next month.
We hope more people can meet our project through this innovative blockchain technology.
Thank you for your review again.
Rated on Nov 5, 2018
Very interesting concept. Lottery and blockchain goes well. Blockchain provides visibility and clarity to lottery winners. Team looks really good and domain experts. Whitepaper is detailed and token economics is good. Best of luck team.
Rated on Oct 29, 2018
Lottery and block chains are very compatible and can be expected to develop business.
As a result, the market is fierce. In the case of such a project, it is difficult to make the system USP, so team members and business partners should observe.
The team is stable and familiar with the industry and block chains well.
For business partners, there is a major accounting firm to support the transparency of this project.
Cheers to their challenge to transparency!
Rated on Nov 26, 2018
Interesting use case for blockchain technology here. Looks similar to lottery.com. Like Ong said, I am not sure how POS would work or if they should even be using POS in the first place.
Disclaimer: This is my independent review on this ICO and does not constitute any investment advice. ICOs are risky, kindly do your own research before investing.
Thank you for having interest in our Donocle Project.
I would like to introduce more about our POS system.
Our Token Holders will receive parts of our business profit by holding their donocle tokens in our Donocle deposit system.
This concept was brought for our token holders create profits apart from the conventional Crypto Exchange trading business.
The lottery profit airdrop that our token holders will receive are proportional to their stakes.
Thank you for reviewing in our project.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Park, Jun Ho (Jaden Park)
Jin, do yoon (Jake Jin)
Co-Founder Chief Strategy Officer
CTO, Chief Technology Officer
CMO of DONOCLE
Lead SW Engineer
Senior SW Engineer
Design Department Manager
Jason (Jongho) Choi
Round 2 - 50%
Round 3 - 20%
DONOCLE Whitepaper development.
DONOCLE project designing and technical aspects research.
MIB Blockchain Platform linkage research.
(SBP : SmartX Blockchain Platform).
DONOCLE PTE.LTD Singapore branch establishment.
(Donocle Global Blockchain Lottery System).
DONOCLE Offcial website.
IDCM Listing contract.
HongKong branch establishment.
DONOCLE Project Demo Demo.
Lottery License acquisition.
(Two foreign regions).
Transaction starts on Exchanges.
March : Trial service toward global users.
March : POS System test.
April : Main Service launch.
DONOCLE business expansion.
DONOCLE Donation Foundation establishment plan.