We never stop working on building new experiences for the HIVE blockchain and in this case we are happy to announce our latest creation for you kings and queens.
The link will be posted in the upcoming days in our discord server and added in the HK tab.
A lotto without profit for the team but that puts power in the hands of users, the project is made to further enhance everything we have built under our video game division 
The lotto will offer weekly rounds in which players can buy tickets in different sessions with the following tokens.
For example, in sessions with BUDS, each ticket will cost 1 BUDS, of which 95% will go to the prize pool that will be divided into 10 prizes and 5% will be taken as a fee and will be burned.
In the case of HIVE and HBD whose tickets will cost 0.10 respectively, 95% will be used for the prize pool and 5% will go to the BUDS staking treasury increasing the rewards of BUDS stakers.
This means 0 profit for the team and that everything will go towards the players, increasing and enhancing the incentives that exist in all our products integrated into the BUDS economy.
Prizes will be distributed weekly as follows:
| PRIZE | % OF THE POT |
|---|---|
| 1st place | 50.08% |
| 2nd place | 25.03% |
| 3rd place | 12.51% |
| 4th place | 6.25% |
| 5th place | 3.12% |
| 6th place | 1.56% |
| 7th place | 0.78% |
| 8th place | 0.38% |
| 9th place | 0.19% |
| 10th place | 0.09% |
Our next post will be an explanation regarding how the lotto is processed to offer a transparent probability fair certified to our players.
Each HK startup will have its own methodology so it will depend in what you're interested in. If you are a HIVE developer/Ceo and want to start a partnership with us in any of our startup you can reach us in our official discord.
