Blockchain and lottery: what they have in common? The Blockchain gave the world a new and fast way to go decentralized and many intermediary-based industries are at risk of disruption by it. Gambling indistry is for sure among them. If we empower gaming with the Blockchain, this can be a new round in the development of the industry.
Created once, games based on smart contracts can work eternaly with no human support. And if somebody launches a non-profit game, it will work as long as the blockchain exists.
Neogame’s mission is to transform the global gambling market into a non-profit and no-host model create a space where nobody makes money on games and nobody is interested to chase problem gamers. Neogame is a new lottery game that does not serve any beneficiaries: it has a zero house edge and no one will be able to access the funds: the only way to get them is to guess the winning lottery numbers.
The idea of the new Neogame project is to create a lottery that does not have an organizer, and is not a business unit at all. Neogame will be governed solely by a lottery smart contract, which autonomously executes the game algorythm. The smart-contract holds funds, gets random numbers and distributes prizes in an absolutely clear linear manner.
This way Neogame eliminates hosts, intermediaries and any business people from the game. There are only players playing with each other and the lottery smart contract that makes the no-commission game possible.