Fire Lotto is supposed to be an international lottery that uses the ethereum blockchain to generate truly random numbers. However I think they are a scam that won't last long.
I was in their telegram group and I discovered in their white paper that each share for annual dividend payouts is only worth 3.2 cents per share (page 11 of their white paper). When I mentioned this in their telegram group (they must have thought that people would think the payout is too low) they immediately banned me and called me a scammer! This is how they treat an investor? I demanded a refund and they told me I can sell my shares once their ICO is listed in an exchange.
I looked deeper into their background and I noticed they are the same team that runs Cash Poker Pro. Cash Poker Pro was a failed ICO that is 100% a scam. Everyone who put money into it lost money and the project never launched. They never responded to any of their investors, and instead they're quickly launching this new Fire Lotto ICO instead!
Also all of the photos on their ICO site are completely fake.
There is a lot of suspicious movemenents of Ethereum payments through the blockchain. They regularly move 100 to 500 ETH out of their wallets and through several other wallets that then is used to buy other ICOs! That totally doesn't look scammy!
To top it all off, they are illegally selling unregistered securities to American citizens which is a felony.
If you are thinking of investing in them, I would totally avoid them! Don't make the same mistake I did!
Fire Lotto Reviews
Fire Lotto is supposed to be an international lottery that uses the ethereum blockchain to generate truly random numbers. However I think they are a scam that won't last long.
I was in their telegram group and I discovered in their white paper that each share for annual dividend payouts is only worth 3.2 cents per share (page 11 of their white paper). When I mentioned this in their telegram group (they must have thought that people would think the payout is too low) they immediately banned me and called me a scammer! This is how they treat an investor? I demanded a refund and they told me I can sell my shares once their ICO is listed in an exchange.
I looked deeper into their background and I noticed they are the same team that runs Cash Poker Pro. Cash Poker Pro was a failed ICO that is 100% a scam. Everyone who put money into it lost money and the project never launched. They never responded to any of their investors, and instead they're quickly launching this new Fire Lotto ICO instead!
Also all of the photos on their ICO site are completely fake.
There is a lot of suspicious movemenents of Ethereum payments through the blockchain. They regularly move 100 to 500 ETH out of their wallets and through several other wallets that then is used to buy other ICOs! That totally doesn't look scammy!
To top it all off, they are illegally selling unregistered securities to American citizens which is a felony.
If you are thinking of investing in them, I would totally avoid them! Don't make the same mistake I did!