A new project comes to disrupt a for-profit model of gambling.

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.

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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.

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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.

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