According to H2 Gambling Capital (www.h2gc.com), in 2016 the online lottery had a share of only 3% of the lottery industry (total USD 115 billion).
The online market has a huge potencial, but there was some obstacles to be overcome: transparency, security and fairness.
To solve this problem, it has been created the SmartBillions.com, an online lottery based on Ethereum blockchain technology.
SmartBillions use transparent draws where anyone can audit tickets sold and results. The prizes are paid in ETH (Ethereum).
NEW LEVEL OF TRUST
SmartBillions is based on Ethereum's Smart Contract, that it means nobody can change the draws! The lottery is completely autonomous, decentralised, with automatic payments and there is no admin to touch the Jackpot - no human intervention!
And more:
. 95% of the tickets sold go to Jackpot (other lotteries: 60% at most)
. Players choose 6 numbers from only 0-15 (better odds)
ICO STARTED
To increase the Jackpot, SmartBillions are running ICO until October 30:
. Token holders will receive dividends monthly: 5% of all ticket sold from the lottery, managed automatically by Smart Contract.
. Crowdfund distribution: 90% Jackpot and 10% Marketing
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