Detailed Review FOMO2MOON - 100% transparent blockchain lottery, anyone can make money when joining the game.
FOMO2MOON - Detailed Review FOMO2MOON - 100% transparent blockchain lottery, anyone can make money when joining the game.
This article will cover:
What is FOMO2MOON?
How to buy lottery tickets of FOMO2MOON?
Is FOMO2MOON scam?
How to Win FOMO2MOON
Tips to win lottery on FOMO2MOON?
How to play FOMO2MOON?
How to register FOMO2MOON?
Is the FOMO2MOON transparent?
... all 1001 questions about the FOMO2MOON will be answered in this article.
1. What is FOMO2MOON?
Lottery is no longer a strange form for everyone in life. Lottery models that we often see today can be mentioned: Traditional Lottery, Computer Lottery (Computer generates results based on software), the most famous is Mega Millions with more than USD 1.6 billion in October…
However, every model has certain advantages and disadvantages because all prizes can be interfered, change the winning or losing rate ... even the winner becomes a loser and vice versa. In the past, we all know the cases mentioned above.
Since Blockchain was born, with transparent properties and relying on the immutability of smart contracts on the ETH platform, many applications have been born, bringing into practice the life that makes those participating in the decentralized model always strong trust.
Developing with the innovation of modern technology, the current model of lottery also receives its own innovative invention. FOMO2MOON is one of the first lotteries which operated on the blockchain.
Based on the research, the algorithm of the FOMO2MOON is built on the Smart Contract of Ethereum (ETH) so it is very transparent in terms of the general structure. Anyone can't interfere with the player's winning result, even the creator of the FOMO2MOON game.
Winning results of FOMO2MOON players are shown through Smart Contract of ETH. And anyone can see, check (check code) immediately to see the transparency of the results. Accordingly, everyone can imagine what FOMO2MOON is and how transparent this game is.
2. How does FOMO2MOON work?
The starting price of a lottery ticket (1 MOON) of FOMO2MOON is 0.02 ETH, equivalent to 0.2 USD (4,600 VND).
When a player buys 1 MOON (1 lottery) = 0.002 ETH will flow into the system and it is allocated into the following bonus lines:
3. Detailed explanation of the cash flow from one MOON lottery ticket with the chart above:
3.1. Development - Product Developer (2%):
For example, every FOMO2MOON lottery, the total number of players buying MOON lottery collected 15,000 ETH, the developer would get 2% on this number, equivalent to 300 ETH, about $ 30,000, for 1 ETH = 100 USD, when I am reviewing this product.
3.2. Dividend 10% (Dividend is divided among players to hold F2M token):
On the FOMO2MOON platform, in addition to prizes won when buy MOON, players can buy FOMO2MOON platform token to receive dividends. Token is F2M.
For example, every 2 MOON lottery, the total number of players buying MOON lottery collected 15,000 ETH, 10% of this round and the next round will be divided among those who hold dividends.
15.000 ETH x 10% = 1.500 ETH.
1.500 ETH is Dividend and it will be shared among those who own a token in percentage. The own percentage is constantly changing, why?
The common dividend (Dividend Pool) in FOMO2MOON is poured in from many sources:
10% is from the lottery tickets of the players
10% is from F2M token buyers to receive dividends
10% is from the award of large chests, medium chests, and small chests
Thus, the player owns F2M token of FOMO2MOON is a good and sustainable source of income based on Dividend mechanism. This is one of the FOMO2MOON’s reasonable and smart money allocation algorithms compared to other products in the Blockchain market. The development of FOMO2MOO system will bring fairness for those who want to earn passive income.
3.3. Referral (Community Leader) 10%
Referral (REF) is considered a reward for community leader. On the FOMO2MOON platform, Ref is not limited how many levels, up to F/N levels, and the maximum level of REF that you can get from your network is up to 10%. Thus, the overall percentage of your network will be:
A => F1.A => F2.A => F3.A =>F4.A =>F5.A => F6.A => F7.A => F8.A => F/N.A = 10%
If you only develop 3 levels FOMO2MOON participant network, what will the formula look like?
A => F1.A => F2.A => F3.A
A => F1.A = 5%
A => F1.A => F2.A = 2.5%
A => F1.A => F2.A => F3.A = 1.25%
F1 level, the referrer will get 5% REF commission, and from F1 onwards, you will get 50% for every level below.
According to the statistical algorithm, every player's maximum REF commission will be 10%. Depending on the capacity, you will get a deserving award.
In order to claim the Referral Income, you have to purchase at least ONE Ticket and enjoy all the benefits as a Player.
This is a fairly transparent mechanism to balance the income of members participating in product development!
3.4. 1% BUY Lottery Ticket: Transfer 1% ETH from buying lottery tickets (MOON) into dividends
This is one of the good features, "humanities" of the FOMO2MOON platform developers. Why I say so?
Suppose, in every lottery round, you buy only 1 lottery = 0.002 ETH and you buy in 1,000 rounds (total = 2 ETH), but you are not lucky, do not win any prize. In fact, you will have nothing. However, with the FOMO2MOON, they adopt a pretty good point mechanism, which is:
If you buy 1 lottery ticket (1 MOON), the system will automatically deduct 1% of the amount and transferred to the dividend for you. And that dividend belongs to you, after every lottery, you will also be received some dividends by ETH.
The formula will be: 1 MOON = 0.002 ETH x 1% = % Dividend. If you are unlucky, you are still the one to be rewarded from the community and the system.
3.5. Fast Players - Players buy lottery tickets quickly and early (27%)
When a new round starts, the buyers who buy tickets very early can get more profit from late buyers. According to FOMO2MOON, the late buyers will share 27% of their ticket value (ETH) to the early buyers.
For example: There are 10,000 participates buying lottery tickets in this round, everyone buys 1 ETH, the total prize value is 10,000 ETH. And I'm the first player to buy:
1 – 2 – 3 – 4 – 5 – 6 – 7- 8 – 9 – 10 - - 100 - - 15.000 players
I (The first player) will get a portion of 27% of those who bought later, up to the 15000th player. If the minimum amount I get is 0.027% or 1/27%, I will be:
=> 0.027% x 15.000 ETH = > 4 ETH, this is total ETH that I got.
So what if I'm the 100th player? Then I will share 27% of the ticket value I bought for 99 players those who quickly bought before me. And I got 27% from the 101st to the 1,500th players.
=> 0.027% x 14990 ETH >= 4 ETH, this is total ETH that I got.
Note, this 27% figure is not only for you, but for all previous buyers. Thus, at this 27% algorithm of FOMO2MOON, you buy lottery tickets at any round, you will also get a part of the system's profit from other players they buy. The more you want to win, the earlier you have to buy. If you buy late, you are also divided, but the ETH number you get will be less.
However, according to the base that FOMO2MOON displays, those who buy lottery tickets late, they will get lottery tickets with a slightly higher percentage of winners than the first lottery tickets.
This is a good balance, stability and allocation mechanism of FOMO. Whether you are a buyer at the beginning, in the middle or at the end of the round, you have a corresponding reward percentage. This feature is only available on the FOMO2MOON compared to other products on the Blockchain market.
3.6. Chests - Award 3 Chests (50%)
Your chance to win many prizes when buying FOMO2MOON lottery tickets. As previously mentioned, the winners are selected by RANDOM mechanism based on Smart Contract algorithm. Nobody can interfere with the outcome of FOMO2MOON, even its own developers. Therefore, if you are most lucky, you can win 11 different prizes, nearly 1 million USD.
What is 50%? It means that when you buy 1 lottery ticket (1 MOON = 0.002 ETH), you have 0.001 ETH transferred as a prize for 3 chests, the formula is as follows:
Overall about FOMO2MOON:
As I did go through with you the overview, tokenomics, secure and the transparency as well as some ways to make profit in FOMO2MOON. I do highly recommend this project, and these are my favourite main advantages of this project:
Allow users to try out the product with only 0.002 USD and if you are lucky, the reward is up to 2,000 ETH.
The system is based on smart contract algorithm, secure and transparent.
Clear and understandable tokenomics, prize chart and reward distribution, are attractive enough to promise steady future loyal users.
The FOMO2MOON receive only 2% of the total profit to maintain and run the system, and it's very acceptable. Provable, FOMO2MOON is a real project, not just created to scam users. Good project!!
This is the best blockchain lottery project I ever have seen yet in the past 12 months. And I hope that I can be the first 100 players who purchase tickets in FOMO2MOON. How about you?
And remember, these are just my personal opinion about the project and it can be objective. Please do your own personal research before making any investment decisions. Good luck!
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