Announcing a Return to our Roots: The All-New Bitcoin Magazine

LottoShares Set to Shake Up Crowdfunding Through Blockchain

by

         LottoShares Set to Shake Up Crowdfunding Through Blockchain

Sint Maarten, Caribbean— Founder of Della Terra LTD: Michael Taggart and CEO of ​Banx Capital:​ Mark Lyford have partnered with Fantasy SXM to create the first open and transparent physical lottery using blockchain technology. LottoShares is set to become a revolutionary lottery system with limitless potential; the first system to operate entirely on ​Bitshares d​ecentralized platform.

“I am extremely interested in furthering blockchain based technology; Bitshares technology is the most advanced in that category. It is by far the most secure and un­hackable platform that boasts the fastest transaction times the financial industry has available providing consumers with peace of mind given the 100% transparency”. ­ Co­founder: Michael Taggart

This successful group of entrepreneurs strive to provide a safe, legal, and efficient gambling experience. LottoShares​ wants to give the public complete freedom of their finances in an intelligible way by offering options to those that are unbanked.

The public is able to help this venture blossom from start to finish. In return for the contribution, one would receive “digital ownership” of LottoShares, which will stem from a portion the net profit of the Fantasy Lottery​in beautiful St. Maarten.

With the 100% transparency, Lottoshares tokens can be distributed, transferred, or sold globally. This time­ sensitive abiding technology makes the saying “instant winnings” truly a reality.

“There are only 500,000 ‘LottoShares’ available to the public, these shares will be purchased back with earnings from the physical lottery in Sint Maarten. The buyback of ‘shares’ will decrease the availability to the public which can postively affect the overall value of the ‘shares’. It will be interesting to see how this will pan out”. ­ Co­Founder of LottoShares, Michael Taggart

LottoShares​ is set to launch this week. Lyford and Taggart have expressed their excitement to increase the awareness of this continually innovative opportunity. The money raised during the contribution phase of the LottoShares launch will go to the expansion of operations, employment increase, and the cost to transfer this lottery onto the Bitshares blockchain platform.

###

Recommended

Bitcoin Price Analysis: Blowing Through Support Levels on the Way to $3,000

Bitcoin continues to tumble lower and lower as it struggles to claim any footing in the market. It’s down almost 50% in three weeks and it’s showing very little sign of stopping. It’s currently clutching onto the $3,500 values but it doesn’t look like it can hold on much longer.

Bitcoin Schmitcoin

Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

This broad, authoritative declaration is not unexpected, as, to date, the SEC has stated that all digital assets — regardless of whether they function as alt coins or utility tokens — are securities at least initially and, thus, subject to its jurisdiction.

Huhnsik Chung and Nicholas Secara

Op Ed: Cryptocurrency’s Unrealized Opportunities for U.S. Tax Professionals

Tax accountants and firms that specialize in cryptocurrency will emerge to capture and service this market. The first movers will be the ones who stand to capture the oversized profits.

David Kemmerer

Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

Last month's attack on Tether contains a cautionary tale: Only those coins that can survive such attacks have the slightest chance of becoming the “holy grail" of stablecoins.

Henry He