Tombola1

Tombola is a reliable lottery platform that draws on a blockchain basis. Users can purchase tickets through cryptocurrency and proceed with the game, and the prizes are automatically distributed according to the winnings. One will be able to freely use the value obtained through purchase or winning by using various game services and distribution system, which provides users with an opportunity to increase their value.

The lottery market, which has continued to grow from $ 178 billion in 2004 to $ 230 billion in 2010, to $ 263.4 billion in 2013, and to $ 294.3 billion in 2016, is expected to grow at a compound annual growth rate (CAGR) of 9.44% in the coming years. In addition, traditional lotteries lead to sales of various digital versions of lottery tickets, including web and mobile apps, and therefore they are gradually being replaced by highend technologies. With the continuous development of digital technology, decentralized blockchains with fairness, transparency and security have appeared and created a new paradigm which still continues to evolve.

The global game industry is expected to grow 12.4 percent from 168.81 billion dollars in 2017 to 189.86 billion dollars in 2018, of which the gambling category is expected to be around 51.96 billion dollars. In particular, as the entry barriers to online gambling have been lowered due to the advent of the cryptocurrency, the potential for future growth is expected to be exponential, with the growth rate of past market sizes becoming worthless.

The existing block chain Gambling service “BitSler” started with the opening of the service called “DICE”, “ROULETTE”, “MULTSALELOLOR” and “CARAZ” in February 2015. Since the opening of the service, the accumulated number of bets has reached about 25 billion times and total amount of betting amounts to approximately $ 23 billion. (Estimate based on FortuneJack betting amount)

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What is Tombola?

               The traditional lottery game Tombola 6/45 is a jackpot winning game if the six n

umbers on a ticket match the numbers drawn by the lottery out of a total of 45 numbers.

Details of the game are as follows.

Lottery fund distribution plans

plan to distribute the funds collected by lottery tickets in the same way as in the table below. If there are winners, Tombola will distribute the rewards according to the winning number at the time. If there are no winners, the rewards will automatically be transferred to the pool of next rounds.

Dividend

As of the 25th of every month at 10:00 am (Greenwich Time), 10% of each Tombola profit is accumulated for one month and paid in a lump sum to the people who own the coins according to the share of the coins owned by each person against the total coins.

TOMBOLA.Game gaming Services

Tombola’s basic game structure uses Chain Seed, Player Seed, and the nonce to derive game results. Chain seed and player seed nonce are as follows.

Tombola game results are encrypted through chain seed, player seed and nonce and then it is extracted using Tombola decoding and every result is recorded in the block chain, and everybody can see it.

Black and White

Tombola Black and White, a concept of instant lottery, is a kind of camp selection game. This is a game where one of the two camps of Black and White is selected; setting a victory camp with a 50% chance for each turn, the user must select a camp within the turnaround time. Players who chose a victory camp receive a prize of 1.98 times the ticket and the other players who chose the defeated camp lose their tickets. It is a fair game in which no manipulation can take place because all users participating in the lottery rounds decide win/lose with even odds.

Turtle Chase

Turtle Chase is a game where three turtles choose one turtle to bet in an exciting running race. Users make a bet by choosing between the red, green, and blue turtles within the preparation time. A game in which a user’s choice of turtle wins a race is paid 2.97 times of betting amount. and if a turtle loses the race, the user loses betting amount. It is a fair game where no manipulation can take place because all the players who participate in the game round decide to win or lose by the same result.

Dice 3

Dice3, a game of how to predict and match the sum of the three dice in advance, allows the user to set the catch value and select up and down. The user can turn the dice three times in total, and when the sum of the three dice is 3 to 10, the result is Down. and when the sum of the three dice is 11 to 18, the result is Up. For example, the user bet on Down before making a move, and the first dice gets 3, the second dice gets 4, and the third dice get 2, and the total is 9. therefore, the total is under 10. So, Player get 1.98 times of betting amount.

5/20 Speed Lotto

10 % is tombola operating expenses . 20% of amount will automatically be transferred to the pool of next rounds. If there are winners, 70% will be paid to them. And the remaining amount is all will be transferred to the pool of next rounds.

· Ticket price: 0.0001 BTC, 0.001 ETH, 0.001 BCH, 10 TBL

· Gap of draw: 24 hours

· Rewards of game

Distribution

Of the net income generated from games such as A, B, C, D, E and F above, 50 percent will be regularly allocated to Tombola token holders. In this regard, the official channels will be announced later.

TOMBOLA Influence

In a blockchain, a ‘block’ is a ledger where personal data and personal transaction (P2P) data are recorded. After these blocks are formed, they have a structure of ‘chain’ sequentially connected over time. Every user has a transaction history, so when verifying transaction details, you should check and verify the ledgers held by all users. For this reason, the blockchain is also referred to as a“public transaction ledger” or “distributed transaction ledger”.

Smart contract is a computer protocol designed to digitally propagate, verify, or enforce contracts. Smart contracts allow for trusted transactions without third parties, which are traceable and irreversible. The purpose of smart contracts is to provide a secure method that is superior to traditional contracts and to reduce other transaction costs associated with contracts.

The meeting of the most accessible online gambling services, using the cryptocurrency optimized for online gambling that is guaranteed to be anonymous, legal and accessible, is creating tremendous synergy. The development of online gambling has long been stagnant because of the transparency issues existing online casinos had. If Dapp is configured on the Blockchain, the Tombola Game Fair will give game services objectivity and fairness. A specific values on the Blockchain and a specific value entered by the player are entered into the Tombola algorithm. these values are transformed to the hash value. Tombola algorithm produce the number required for the game. And these results are available to all game participants on a block chain network.

Roadmap