F2M – Lottery Rules In Fomo2Moon 2019

f2m-lottery-rules-in-fomo2moon-2019
f2m-lottery-rules-in-fomo2moon-2019
f2m-lottery-rules-in-fomo2moon-2019

Grand Prizes

  • A round ends and Lottery is drawn when 1 of the 2 Timers reaches zero.
  • The Lottery would be drawn 3 times with perfect randomness and fairness to decide 3 Winners for the Grand Prizes, contained in the Grand Chest.
  • The 3 Winners can overlap, a.k.a. You can win THRICE!
  • When a Grand Prize is won, the amount of ETH in the Grand Chest is divided as below:
PercentageDestination
10%Dividend Pool
60%20% x 3 Grand Prizes
27%Next Grand Chest
1%Last-Man Bounty Pool
2%Development
  • Your winning chance is weighted with a Lotto-Multiplier that increases with every Ticket purchase.
  • Each Lottery draw has a small chance that there is no Winner. That means each round may has 0, 1, 2, or 3 Winners for the Grand Prizes. This mechanism is devised to prevent F2M from the negative impacts of Downrounds.
  • Unclaimed Grand Prize(s), if any, would be transferred to the Next Grand Chest.
  • When F2M is ready to be upgraded, the LastRound() function will be triggered, the 27% that otherwise goes to the Next Grand Chest will go to Dividend Pool. The minimum round to be the Last Round is Round #18.

Side Prizes

  • The Side Prizes are contained in the Major Chest and Minor Chest.
  • Each Ticket purchase above 0.1 ETH will draws twice for a chance to win the Side Prize in the Major Chest and a chance to win the Side Prize in Minor Chest.
  • The chance of winning each Side Prize is 0.1% (1 in 1000). That means you may win the Major Chest, or the Minor Chest, or both.
  • When a Side Prize is won, the amount of ETH in the Major or Minor Chest is divided as below:
PercentageDestination
10%Dividend Pool
60%Side Prize
28%Next Major/Minor Chest
2%Development
  • When a round ends, 98% of the amount of ETH in the Major and Minor Chests will go to the Next respective Chest.
  • When F2M is ready to be upgraded, the LastRound() function will be triggered, the 27% that otherwise goes to the Next Major/Minor Chest will go to Dividend Pool. The minimum round to be the Last Round is Round #18.

Timers

A round ends when 1 of the 2 Timers reaches zero:

  1. Timer 1 counts down from 3 hours. Each Ticket purchase adds more time to Timer 1, until a cap of 12 hours.
  2. Timer 2 counts down from 7 days.

Buy Tickets

Each Ticket represents an equal chance to win the Grand Prizes. The incoming amount of ETH when you buy Tickets is distributed as below:

PercentageDestination
10%Dividend Pool
15%Referrals
1%Buy Tokens
22%Early Income Pool
50%The Chests
2%Development

The starting Ticket price is 0.002 ETH. With each Ticket purchase, the Ticket price increasesslightly.

Each Ticket is represented by Ticket number which indicates the order in which it was acquired. This Ticket number is compared against results drawn when a round ends to decide Winners.

Time Added Per Ticket

Each Ticket you buy will add more time to Timer 1 (until a cap of 12 hours). Each Ticket adds less and less time as the round progresses, exponentially towards the end of the round:

n = Current No. of Tickets
Time Added Per Ticket = 30 - ((n+1)/3,450,000)^6

Price Per Ticket

The starting Ticket price is 0.002 ETH. With each Ticket purchase, the Ticket price increasesslightly.

With each Ticket purchase, the Ticket price increases slightly. Ticket price scales up aggressively as the round progresses, exponentially towards the end of the round:

n = Current No. of Tickets
Price Per Ticket = 0.002 + ((n+1)/3,450,000)^6/666

Chest Distribution

Incoming ETH to the Chests is distributed as below:

PercentageDestination
68%Grand Chest
24%Major Chest
8%Minor Chest

Drawing Results

When 1 of the 2 Timers reaches zero and a round ends, a button “Draw Results” will appear on the Fomo2Moon site. The one who successfully clicks on that button (and its result-drawing transaction is confirmed first) will win the Last-Man Bounty. 7 more users can claim the Last-Man Bounty.

The blockhash of that result-drawing transaction is the key element in determining Winners. That blockhash is further hashed with SHA256 and salted with a salt message entered by one of the last Ticket buyers. The winning Ticket number would be determined from the resulting number mod the Number of Tickets in the Ticket Pool. The Ticket Pool includes the Total Lotto-MultipliedNumber of Tickets, plus “Virtual Tickets”.

Lottery draws on F2M is almost perfectly fair thanks to using reliable sources of randomness.

Last-Man Bounty

When a round ends, 1% of the amount of ETH in the Grand Chest will contribute to a Last-Man Bounty Pool, which up to 8 users can claim.

When 1 of the 2 Timers reaches zero and a round ends, a button “Draw Results” will appear on the Fomo2Moon site. The one who clicks on that button (and its result-drawing transaction is successfully confirmed first) will win 30% of the amount in the Last-Man Bounty Pool. After that, every 15 seconds, a button “Claim Bounty” would appear and reappear. Each user who clicks on that button (and its result-drawing transaction is successfully confirmed first) will win 10% of the amount in the Last-Man Bounty Pool. Any unclaimed amount in the Last-Man Bounty Pool will remain until the next round.

Winning Chance

Your winning chance is determined by the sum of the amount of your purchased Tickets weighted with an incident Lotto-Mulplier. The Lotto-Multiplier is determined as below:

n = Current No. of Tickets
Lotto-Multiplier = 1 + 18 * (n/3,450,000)^6

As a result, towards the end of the round, you get exponentially more chance of winning the Grand Prize for every Ticket purchased.

On the other side, The market is not always good; there will be downrounds when few keys are bought. During downrounds, if Winners are always selected, the amount of ETH in the Pot would decrease every round until the remaining amount is no longer attractive enough for new players. Therefore, there is a “Downround Protection” mechanism in F2M, wherein in case of downround, there would be more chance that there is no winner and the majority of the current Prizes will be transferred to the next round’s. Consecutive rounds without Winners would increase the amount of ETH in Prizes every round, increasing their attractiveness once the market recovers. To reduce the chance of finding a Winner for each Lottery draw, “virtual Tickets” which belongs to no one are added to the Ticket Pool. The number is virtual Tickets depends on the gap between the amount of Pre-Seed ETH (amount of ETH transferred from the previous Grand Chest) and the amount of ETH from Ticket sales of the current round.

The Number is virtual Tickets = (Total Lotto-Multiplied Number of Tickets) x (Pre-Seed ETH) / (Pre-Seed ETH + Ticket sale this round) 

Claiming Rewards

When you win the Grand Prizes or Side Prizes, a button “Claim Rewards” would appear on the F2M site. If you click on that button (and its transactions is successfully confirmed) on time, your won Prizes would be secured and ready for withdrawal to your Metamask wallet or Trustwallet.

You are supposed to Claim or Withdraw your Reward as soon as possible or else your Reward would be subject to Timeouts.

In order to Claim your Reward, you has to have already purchased at least one Ticket in the currend round.

Withdrawing Income

There are FOUR ways to earn ETH with F2M, which corresponds with FOUR types of income. When your Current Balance from your all 4 types of income (Total Income to date minus the already withdrawn amount) is positive, you can click on the button “Withdraw” to withdraw the amount of Current Balance to your Metamask wallet or Trustwallet.

You are supposed to Claim or Withdraw your Income regularly or else your Income would be subject to Timeouts.

In order to Withdraw your Income, you has to have already purchase at least one Ticket in the currend round.

Last Round

When F2M is ready to be upgraded, the LastRound() function will be triggered, the amount of ETH that would otherwise go to the Next Grand/Major/Minor Chest will go to Dividend Pool. The minimum round to be the Last Round is Round #18.

Buy Tokens

You can buy F2M Tokens to earn passive Dividend Income. The incoming amount of ETH when you Buy Tokens is distributed as below:

PercentageDestination
10%Dividend Pool
15%Referrals
73%Secured in F2M Token Smart Contract
2%Development

The Token Buy Price is mostly determined by the F2M Token’s Dividend Income generation rate and break even point is approximately 30 days. For example, when 1 Token turns in 1 ETH per day on average in dividend, the Token Buy Price would be priced at approximately 30 ETH per Token. Therefore, approximately 30 days after purchasing 1 Token, you would earn back 30 ETH and start to make profit.

When you sell Tokens, the Token Sell Price is determined by the amount of ETH held in the F2M Token Smart Contract and the number of circulating Tokens.

Round ZERO

Every round, a portion of the current round’s Chests would be transferred to next round’s respective Chest, so that no Chest is empty. In order to the make Round #1 Chests not empty, there is a Round ZERO, where you cannot buy Tickets but you can Buy Tokens at a fixed price of 0.002 ETH, and contribute to the Chests as below:

PercentageDestination
10%Dividend Pool
15%Referrals
45%The Chests
28%Secured in F2M Token Smart Contract
2%Development

The condition for Round ZERO to end is when the total amount of ETH in the Grand, Major, and Minor Chests exceeds 360 ETH. In other words, Round ZERO ends when the total amount of Token purchase exceeds 800 ETH. There is a 1 ETH max purchase limit per public address.

Tokens are available at the lowest possible price of 0.002 ETH, around one fourth of the price when Round 1 starts.

Referrals

To join the F2M referral system, click the “Register a Name” link at the top and then pick a username for yourself. Joining costs 0.01 ETH which is contributed to the Development Fund and distributed to developers and community staff. Note that you must register a username to claim Referral Income.

Your username is also included in the referral URL you share with others. Your names, your player ID and your wallet address will all work for referrals (i.e https://fomo2moon.io/<playerid/wallet address/username>).

You can copy your referral link from the Referrals Tab and share that with friends or members from other communities. You will earn a percentage of all the ETH put into the game for Ticket/Token buys by anyone that joins F2M through your link. And this is all at no cost to them.

In F2M, referral links used by players are stored within the smart contract itself meaning that you will receive the referral fee for buys from all players you referred even across browsers or different computers ensuring that those marketing the game can receive substantial residual income over time from players. Essentially, F2M referrals are super-sticky. You will continue to receive referral rewards from someone up until the point they purchase using someone else’s referral link.

Link to get lucky lottery: https://goo.gl/WWxA24
Goodluck!

Author: Nguyễn Hoàng Điệp

Founder - Admin KiemTienSo (Cryptocurrency Blog & Community)

Để lại bình luận