💡A Modern Lottery
Last updated
Last updated
Imagine tomorrow; anyone on the planet can play a lottery game that is more impactful than Powerball, Euromillion, or any jackpot ever put together. Imagine all stakeholders (players, game creators, promoters) can contribute to its governance, vote for the platform's development, and decide where to allocate the profits.
Why does one human being out of four play lottery games every year? (yes, that's over 2bn people)...
Lotteries are about much more than just testing your luck. They’re about excitement, hope, and dreams of financial independence built on the promise that everyone has the same odds of winning. That's why the lottery industry is so successful: It’s a $400 bn business that’s growing about 4% year on year. But because of their addictive nature, lottery games around the world have been drastically regulated and controlled by governments and a few large corporations. This monopoly creates huge barriers to new entrants. Most importantly, it also dictates who can participate, who can benefit from proceeds, and how proceeds can be used.
We believe in a global lottery ecosystem where control is distributed across the entire community, and all participants are rewarded for their contributions. The rise and the maturity of decentralized protocols make Lottery the perfect application for Blockchain, NFTs, and DAOs and enable it to put players and creators in control.
At Lottery of the People, we’re building a virtuous ecosystem in which anyone can participate and receive the fair value of their contribution. Whether you’re a game creator, a sponsor, a promoter, a physical retailer, or a player, every stakeholder can create and receive value in the ecosystem.
Together, let's reshape the game.