In recent months the technology and finance industries have been in flux with the activities of new companies finding novel use cases for blockchain technology and the parallel rise in the value of cryptocurrencies. One company is ramping up its plans for a launch of its blockchain lottery platform, which has been a year in the making.
Kibo Lotto is a platform developed by an international team that uses blockchain to make lotteries more convenient and transparent, and in recent days they announced an early Christmas present for their token holders by offering a distribution of $13 mln of their team funds to investors in the platform. Per their blog, the rate of distribution for investors is as follows:
“For example, this means that if you spent $500 to purchase tokens or platform, then, according to the distribution plan, you will be credited with $1000.”
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