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#Blockchain, #Mobile & Gaming All projects

LotusCore: Let's reorganize the games together

An innovative decentralized platform for gamers and game developers that brings justice to all in the gaming world.

stage Ended crowdsale

3.8 Rating

by 2 users


    KPLs

    • Employees11

    Team

    8
    man MAURICIO REYES

    Cofounder

    Mauricio is a full stack developer with 7 years of experience. He has a deep understanding about cryptocurrencies and the inner workings of the blockchain technology. His role is to assess the technical aspect and direct the vision of Lotus Core

    man PEDRO PIÑANGO

    Cofounder

    Pedro has been part of the management team of startups recognized by programs such as TechStars, Wayra and Startup Chile. His role is to put the right pieces together to achieve success in business.

    man ALEJANDRO ROJAS

    Financial Manager

    Alejandro has 10+ years delivering data-driven solutions and products. He is a seasoned entrepreneur boasting degrees from Duke, Berkeley and MIT. He uses his expertise and knowledge to help Lotus Core make smart financial decisions.

    man ANDRES SALAZAR

    Full Stack Developer

    Andrés is a software developer with 7 years of experience in the field, working in projects with global outreach. He is a well versed cryptocurrency enthusiast.

    man ALBERTO SANCHEZ

    Full Stack Developer

    Alberto has 8 years of experience developing web applications for startups in different stages. He has been in charge of software projects as a project manager and lead developer in the last years.


    Advisors

    3
    man MARCEL IMERY

    Legal Advisor

    Founder of Imery Urdaneta, Attorney (UCAB), LLM (Duke), MBA (Hult) will be providing his legal advise for Lotus Core.

    man CESAR ROMERO

    Game Dev Advisor

    Senior Machine Learning Engineer at Unity Technologies is now supporting Lotus Core from his perspective as an engineer of the popular game engine.

    man KEN BERGER

    Venture Advisor

    Venture consultant and crypto currency event organizer, assisting major VC firms in deal sourcing, and mentoring/investing in tech startups worldwide.




    Crowdsale details

    Distribution of tokens
    • Crowdsale (60%)
    • Presale (10%)
    • Reserved (30%)
    Details Indicators
    Token Symbol LTS
    Full Token Name Lotus Token
    Pre-crowdsale Start March 21st, 00:00 GMT+03:00
    Pre-crowdsale End Hard cap is reached or April 21st, 00:00 GMT+03:00
    Pre-crowdsale Hard Cap Fixed, 1905 ETH
    Crowdsale Start May 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or May 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 15079 ETH
    Domain registration date 2017-07-13
    Domain owner WhoisGuard Protected, WhoisGuard, Inc.

    Cost of the token

    35000 tokens for 1 eth

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    50% March 21 — April 21, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    30% May 01 — 10, 2018
    15% May 10 — 20, 2018

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    2
    Alexandr Gonchar June 07, 2018
    Rating of project
    4.3

    Advantages

    It's a very interesting project that allows gamers, developers, and just users to exchange games, information, and conclude deals in a secure, online mode using transparent distributed blockchain technology with the aid of Ethereum's blockchain.

    Risks and disadvantages

    The project has few cons; there is an issue in the implementation of this software product and acceptance by the community of gamers and developers. So far, there is no serious strategy for the project team to integrate their solutions into the global ecosystem of games and attract a large number of users.

    Comments

    Undoubtedly that the project is interesting and perspective if the team would be able to solve the issues of advertising and mass adoption of their technology by the community of gamers and large game development companies, then this project will have great success and investments will bring good revenue.

    Jordan Semanda April 04, 2018
    Rating of project
    3.3

    Advantages

    The project has good video and graphic content which will entice investors to go further and read the project in detail. The project has large crowd sales which will make it hit the mark of the hard cap. The project carry's out the token hod function which will help the token gain value in the long run this attracts investors to invest. The tokens held by the community are locked for some time so they will not be immediate sale of tokens which will contribute to strengthening token value. the advisers and developers tokens are also locked which will keep the project functioning.

    Risks and disadvantages

    The project has critically low traffic statistics this will hinder the potential growth of the project the prospective investors will not know about this venture and the projects soft cap might not even be reached. The team is not holding any number of tokens which brings about doubt to the investors hence not making it a project worth investing. The project allow only one cryptocurrency which limits potential investors with alternate cryptocurrencie and also limits the token value which puts it a more risk of loss. The token bonuses are high which might bring about high demand for sale of tokens after entering the purchase something that will affect the token value. the project has no elaborate budget for fund allocation and usage. The team has no press team which will limit attraction to potential investors.

    Comments

    The project needs more experienced advisers in this particular filled of interest to ensure efficiency and proper planing for success of the project. Putting of the project on the exchange enables trading and also increase in the token value However investors interest should be largely considered for example ability too liquidate his investment at will, continuous development of the project and constant communication with the team members these will enable investor retention in the project even after the pre-ICO sales.


    FAQ

    Frequently Asked Questions

    If all profits from game sales go to the developers, how will Lotus make a profit?

    The Lotus business model revolves around the Lotus Store publishing features, promoting systems and hosting solutions.

    What is “a Fair DRM” and how does it work?

    Blockchain assets plus the smart contracts technology allow us to write rules where selling a game is not a barrier to trade it in the free market, thus allowing the game owner to sell, lend or exchange the game after buying it.

    What is a token and what can it buy?

    A token is a Lotus coin. It can be used to buy goods from the Lotus Store and within some games.

    What is the Lotus Investment Program?

    It’s a funding program that offers developers the opportunity to fund their existing or new game project using Lotus Tokens (LTS) to help them launch their project. Developers who participate in this program will give a small percentage of their revenue to their inverstors. The Lotus Investment Program uses blockchain to be secure and transparent in all aspects of the process.


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