The lottery industry has been notorious for controlling lottery results, changing the use of proceeds, and lacking transparency in information disclosure. It has become almost impossible to avoid corruption in an industry with such huge capital flows and completely centralized management. Acknowledging the drawbacks of the conventional lottery system, 3525 Lottery was born with a mission in particular, to completely revolutionize the industry. To accomplish such a mission, 3525 Lottery built its foundation on the ERC-3525 protocol. This pioneering move allows the combination of lottery and shares to be realized. Each lottery ticket comes with a certain amount of shares in addition to the winning prize, and each additional ticket you buy increases your shareholder status in the program thus allowing you to benefit further from the profits it generates. This is the feature ERC-3525 offers, which allows Tokens to be embedded in NFTs and exchanges your shares for USDT of the corresponding value at any time. All these features are based on a smart contract on chain, which consequently enhances the data security since all information will be recorded and impossible to tamper. The extra layer of reliability surely mitigates the problems revolving around the lack of mutual trust.

Thanks to ERC-3525, 3525 Lottery has redefined the conventional lottery system, making every player a shareholder in the system, and making the whole lottery system more transparent, reliable and sustainable.

1. Ticket Purchase

Each lottery ticket would cost 2 USDT, once the ticket is purchased, player(s) can access the ticket. The corresponding prize will be indicated on the ticket, the prizes are designed as follows;  $1, $2, $5, $10, $20, $100, $1,000, $10,000, $50,000, $100,000, $500,000, $1,000,000.

To make up for the disappointment of not winning any prize, all nonwinners will be given a chance to win the Jackpot. Depending on the size of Jackpot Pool, 50% of the Pool will be used to reward the winner who hits the Jackpot!

According to the test results, our combined probability of winning is 66.7%, which means that for every THREE tickets, the chance of winning should STATISTICALLY be TWO.

Even if you end up not winning anything! The corresponding amount of shares would have been deposited to your address when the tickets were purchased. The earlier you join the game, the more shares you will receive. (See Part IV Shareholder Pool for more details)

2. Security of funds

All funds will be stored in different smart contract pools, which the dev team can never touch. Moreover, an external auditing company will be involved in the review of smart contracts and the dev team will provide contract review reports on a regular basis. At the same time, players can actively request for the contract or view the content of the contract and the status of the funds in the contract. The code is open source.

3. Allocation of Funds

All the revenue from lottery sales will go into different pools, the flow of funds is illustrated as follows.

4.Shareholder Pool

Imagine you just bought a lottery ticket from the local gas station and went on with your day, you simply have nothing to do with that lottery company besides losing 2 bucks to them. Whereas 3525 Lottery, with the revamped lottery system of ERC-3525, allows all participating players to become shareholders of 3525 Lottery. The value of your shares is backed by the funds in the Share Pool; thanks to a unique algorithm. The value of your shares will increase as the number of participants increases, the chart below indicates the correlation between TVL and Shares/Share price to help you gain a better grasp on how your shares will increase in value.

In the first round, purchasing TEN ticket (cost 20 USDT) will unlock 200,0000 shares at 0.000002 USDT/share.

In the 15th round, purchasing TEN ticket (cost 20 USDT) will unlock 203 shares at 0.000307 USDT/share.

In this case, the player who purchased the ticket with 20 USDT in the first round now has 614 USDT worth of shares!

5. Agency Reward

3% of the ticket value will be used as invitation rewards between players. Players enter the game through the invitation link will trigger the Association relationship and such relationship will be bound automatically to the player who generated the invitation link. Thus an agency is established.

The way how Agency mechanism works is rather simple. The revenue generated from your invitation link will be shared at a certain percentage depending on the level of your Agency. Agency can be leveled up upon reaching certain requirements. The chart below showcases how the Agency System works as well as the requirements for leveling up.

6. Unlinked Associates

The association relationship will be automatically triggered upon receiving the credit. People who enter the game via the sharing link BUT haven’t made purchase yet will not trigger the association relationship. They will be appeared as “Unlinked” associates and will require the Agent to manually link them to the Agency periodically. If any of the “Unlinked” associates got linked with another Agency before you do, then you can no longer trigger the relationship even he/she clicked your sharing link.

7. Presale Quota

All the player who participate our public testing version will get the whitelist quota, we will collect these wallet address and they can get the lottery ticket before public sale launched.