Overview of FLOT Coin and Fire Lotto Platform
FLOT coin is the native cryptocurrency of the Fire Lotto platform. Fire Lotto is a decentralized lottery platform based on the Ethereum blockchain, launched between December 2017 and New Year's Day 2018. The platform's core objective is to address issues such as transparency, fairness, payment speed, and geographical restrictions prevalent in the traditional lottery industry. Fire Lotto claims to be one of the world's first fully decentralized lottery platforms, with all its data and records cryptographically stored on a public blockchain and managed using Ethereum smart contracts, aiming to achieve lottery games without human intervention.
The Fire Lotto platform offers a variety of lottery games, including traditional draw-style lotteries (such as 4/20, 5/36, 6/45) and instant-win games (such as Roger's Wheel). To ensure fairness and security, the platform employs a blockchain-based random number generation (RNG) method, which is based on the current version of the Bitcoin decentralized protocol, designed to prevent manipulation and fraud. Additionally, the platform promises anonymity for winners and near-instant payment of winnings to their cryptocurrency wallets.
FLOT Token Economic Model and Market Performance
FLOT tokens play a crucial role in the Fire Lotto ecosystem. According to the project design, FLOT token holders can receive a 10% commission from lottery sales, with these earnings paid in ETH every two months. The platform's game prize pool consists of 70% of the lottery sales funds. The total supply of FLOT is set at 100 million tokens.
However, according to market data as of November 3, 2026, the 24-hour trading volume for FLOT tokens shows as $0 or "unavailable," indicating that the token no longer has an active trading market. Its market capitalization data also shows significant discrepancies, with some sources indicating $0, while others show approximately $17,000 or $20,000. This data variance and extremely low trading activity reflect the project's current severe lack of market liquidity.
Historical data shows that the initial coin offering (ICO) price for FLOT tokens was $0.5, raising approximately $3.74 million in total. Its all-time high (ATH) reached approximately $0.17, while its all-time low (ATL) was $0.0000309. The token was once ranked approximately 5611 on CoinMarketCap and 5786 on CoinFi, but these are historical figures, and its current actual market position cannot be measured by active trading volume.
Project Team and Vision
The Fire Lotto project is operated by PASSADO COMPANY LIMITED, a company registered in Hong Kong. According to ICOholder, the team members include CEO Roman Demidov, CMO Alexander Karelin, and CTO Tolya Yanot, among others. The project's core vision is to provide a more transparent, fair, and efficient lottery experience for global users through blockchain technology.
FLOT Coin Trading Channels and Risk Warning
Given that the current 24-hour trading volume for FLOT tokens is zero or unavailable, the token no longer has an active trading market and lacks effective transactions. Therefore, there are currently no reliable active trading channels.
Investors should fully recognize that project tokens with extremely low or stagnant trading volumes may face significant risks, including but not limited to liquidity exhaustion, price collapse, inability to trade, or inability to cash out. When considering any cryptocurrency investment, it is essential to conduct thorough due diligence and carefully assess the associated risks.
