Shut-up and Take My Money!
I love this meme.
I has so many uses.
Take this use, the No Loss Lottery:
Short version:
Short explanation
You send your Leo to @nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get your Leo back.
The No Loss Lottery combines the Money Safety aspect of a Savings Account, with the Large Prize aspect of a lottery.
It lets you save and it lets you dream.
Let it Ride!
In the No Loss Lottery your money is never lost, you deposit it, and leave it in to enter every weeks lottery.
Okay, How do you enter?
First, Send one Leo or more, to @nolosslottery
Second, you will be assigned a number.
Done.
That’s it. Done.
A Longer Short Explanation
You send your Leo to @nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get it back. It’s a Prize Linked Savings Account. It lets you save and it lets you dream.
The No Loss Lottery is a Hybrid of a Savings Account and a Lottery.
The No Loss Lottery combines the Money Safety aspect of a Savings Account, with the Large Prize aspect of a lottery. You send your Leo to @nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get it back.
Let it Ride!
In the No Loss Lottery your money is never lost, you deposit it, and leave it in to enter every weeks lottery. You don’t get paid regular teeny tiny interest payments, but you get a chance to win Big, the interest from everyone’s deposits. So it’s randomly awarded interest payments.
The Reserve
The creator of No Loss Lottery @shortsegments has deposited a bunch of BLEO in the pool called The Reserve, an amount of Leo which generates interest, but for which there are no assigned numbers, so it doesn’t compete for prizes. It just makes the prize bigger!
Hurray!
Okay, How do you enter?
First, Send one Leo or more, to @nolosslottery
Second, you will be assigned a number.
Done.
What happens Next
First, the list of entrants is published daily.
Second, a Google random number generator is used to pick the winner.
Third, the winner’s name and number is published weekly.
Fourth, You are entered into the lottery every week as long as you leave your Leo there.
Fifth, you may request your Leo back the day after the Lottery. Send a wallet memo to @nolosslottery. Expect 1-2 days, although I will try to provide same day service.
But I suggest you leave it in, to qualify for the next lottery.
Read more:
Posted Using LeoFinance Beta
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Congratulations @apprehensivetak! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
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