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/biz/ - Business & Finance

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50652054 No.50652054 [Reply] [Original]

Business plan: Tokenize lottery tickets & Use LP pools money to buy the tickets.

What: The token represents partial ownership of the prize.

How: Use smart contract to buy the token periodically and distribute the price to token holders.

Why: To give access to non-US citizens to participate in a mega-million lottery or similar lottery. Even for US citizens, buying multiple tickets will increase the chance to hit it (spreading the risk while increasing the probability of winning).


Let's do it biz

>> No.50652243

>>50652054
Nice scam idea lel

>> No.50652526
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50652526

>>50652054
how are the tickets bought?

>> No.50652567
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50652567

in the case of a winning ticket, how is it redeemed?

>> No.50652744

>>50652054
Thats ticket pools and they already have that for european lotteries

>> No.50652869
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50652869

>>50652054
I steal it. Thanks