The Lottomoon AMA: What has happened on this interesting online event?

The Lottomoon project or token is a decentralized cryptocurrency token based on the Binance Smart Chain that is created for the gaming and lottery industry, replacing the traditional mechanics of raffle competitions.

On September 10, 2021, Lottomon had their AMA or Ask Me Anything Event at the CoinSwap Space TG Channel. Lottomoon’s representative for this event is David, and he is the CTO of Lottomoon.

Here is his introduction about himself: “Hi Coinswap! My name is David and I am CTO of the Lottomoon project. Have 15 years of experience in software development, since 2010 have operated multiple web hosting companies providing various companies with scalable solutions for their larger projects or web applications, and several years building and operating several blockchain nodes and as well a network of Ethereum miners.

In my time, I can usually be found at a coffee shop or reading the philosophy of my favorite books. I believe in technology and money should be transparent because everyone values their time differently.

Now, let’s have a look at Q & A during this AMA session.

Questions:

  1. What is the number #1 priority for LottoMoon in the next 6 months?​ — “It is to develop additional games using our token with Provably Fair, and high earnings”
  2. What’s the difference between $LMOON and other crypto coins? What’s make this LottoMoon coin more special than other coins? — “First of all, the national lotteries cheat the people and not giving them FAIR winning. In our project, we pay 90% to winners, and those who hold LMOON get reward all the time.”
  3. What is the purpose behind the currency establishment? — “Crypto keeps things fair and transparent whereas traditional currencies are not transparent or have a public ledger.”
  4. Is the Crypto vision of LMOON long-term? — “Yes, for more games! Stay in touch!”
  5. What are LMOONs measures to prevent Use and Dump of the currency? — “Crypto is transparent and it allows everyone to view the holders and all details of transactions, additionally we have an upcoming lottery @ lottomoon.com so we intend to make a good experience for users, dumping would only hurt us and our future release of games.”
  6. Are there going to be Airdrop releases, or pure presales and smart contracts? — “Our presale is live now on dxSale, check our website lottomoon.io.”
  7. The crypto industry is fast-paced, how flexible is your Project to change quickly and keep pace with technology trends? What is your long-term vision for the forecasting industry in which your Project project operates? — “We intend to stay up to date by continuously adapting as all good businesses do! Long term we hope to see our token being utilized for other game DApps other than our own!”
  8. As we know NFT is a really hot topic in the DeFi world, most projects try to make their own NFT. So how about Your project? Do you have a plan regarding NFT for Your project? — “We do! We hope to release some very unique surprises (NFTs) soon within the Lottomoon ecosystem, as of now we can only hint that we are working on it so as not to spoil the surprise.”
  9. One of the points that are crucial for the adoption and massification of your project is to be simple, therefore I would like to know how optimized the work processes are so that the Platform is truly simple to use for users? — “We understand that in crypto many tools, games, and even tokens are difficult to obtain, and utilize, but we ensure that we will keep things simple, provide detailed information on how to utilize or play our games without compromise. For example on our website we have a “Add to Metamask” button, most traditional currencies leave it up to the user to manually input the contract ID into their metamask to add it to their wallet, what is up with that? Not with us, our developers will try to make things easier to understand.”
  10. The crypto industry is fast-paced, how flexible is your Project to change quickly and keep pace with technology trends? What is your long-term vision for the forecasting industry in which your Project project operates? — “We intend to stay up to date by continuously adapting as all good businesses do! Long term we hope to see our token being utilized for other game DApps other than our own!”
  11. I am from INDIA (Asia) and we are doing well in this crypto space. But when it comes to NFTs we have zero or little knowledge about them. Do you have any plans to extend your services to African countries and enlighten us more about NFTs? — “We are looking to deploy NFTs within our ecosystem soon. As far as African countries, and beyond we will extend our support and ecosystem so anyone may utilize our token and as well DApps and games as we believe fun should never have any limits geographically!”
  12. I want to ask, what is the competitive advantage of your project? What do you have over other competitors? About features such as security, scalability, community development,… do you think you’ve finished or need to continue to develop? — “We create more rewards than our competitors, and in fact, most other “lotteries” or random luck competition’s in the crypto space do not deliver as much as we do, you can research this on your own account. And in addition, we utilize Chainlink’s VRF (Verifiable Random Function) which is a provably fair and verifiable source of randomness in our DApps to ensure fairness. Frankly spoken, the national lotteries lottery fuck the people and do not give them fair winning. So those who hold LMOON get rewarded all the time, it is all within the magic of our contract. So for future speaking, we will also shift our focus on more development of games in our ecosystem and as well NFTs! A lot to the moon!”
  13. Will an inexperienced person be able to create a DApp easily and what will be the advantages of your NFT market different from other markets? Thanks — “Yes, currently there are many resources on how to utilize DApps, and we encourage uses that build with our token to utilize Chainlink’s VRF technology as well. Regarding NFTs, we will make it easier to purchase NFTs than our competitors offering additional documentation and means of purchasing and as well tutorials.”
  14. How will Lottomoon as a token deal with market fluctuations and what is their goal and how will it benefit the Lottomoon community? — “This is an ongoing issue of Blockchain, in general, is the volatility, but those who have diamond hands and hold (as proven with bitcoin) have yielded the best results. So stay strong my friends! It’s not always about luck!”

After the Q&A, Marcin, who is the Project Manager of CSS made the closing remarks.

Marcin of CSS: “What a great effort!”

David of Lottmoon: “Thanks for hosting me. We appreciate that!”

Marcin of CSS: “Thank you very much for answering all the questions, for sharing the knowledge with CoinSwappers.”

Marcin of CSS: “I would like to take this opportunity and welcome Lottomoon to Coinswap on 15.09.21!”

David of LottoMoon: “Thanks Coinswap Community!”

The CoinSwap is a suite of products in Decentralized Finance. Perfect ecosystem for automated liquidity provision on Binance Smart Chain — AMM