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GEXAN

More Than Just A Lotto

A new level of blockchain lotteries, which are developed for participants: 1. Hybrid algorithm (POW + POS) allow to mine Gex lottery tickets by GPU or staking 2. The players be able to install Masternodes for daily ticket collection. 3. Our team developed and integrated lottery Smart Contract (5/36), which enable to use Gex coins immediately after entering the exchanges. 4. 85% of the amounts of tickets sold will be sent to the prize fund of smart contract.

3.7
2 1 expert rating
Benchy 3.5
KYC
Experts
5.0
5.0
5.0
Review: coming soon PRO
~$2,055,970
value of tokens sold in ICO

Ended
Token
GEX
Type
IEO launchpad
Price in ICO
0.4223 USD
Country
Whitelist/KYC
None
Restricted areas
USA
ICO start
10th May 2019
ICO end
27th May 2019
Visit ICO website
Report

About GEXAN

In the world of lotteries – one of the most popular games in the world – there exist many questions and doubts about the honesty of the prizes distribution, as well as the whole process of drawings:
- Is the winner random?
- Is it fair to dispose of less than 40-60% of the ticket sales by lottery?
- What is the managers’ fee and is such a remuneration justied?

Moreover, these problems are getting worth due to the diculty of obtaining a prize, high commissions and taxation. With the introduction of blockchain technology, these problems have become quite solvable.

On the Gexan platform, all stages of the draws, including the purchase of tickets, random numbers generation, distribution of the fund prize, verication of the winners are based on the technology of the distributed register. Moreover, everything is built on open source code, which will be published on Github.

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