Lottery platform based on latest blockchain MegaEther has announced its new lottery with a grand prize of 1000 ETH and a total prize of up to 10,000 ETH.
While the global lottery industry has posted steady growth from $187.1 billion to $294.3 billion between 2004 and 2016, blockchain-based lotteries are widely regarded as the future. With increased transparency and borderless capability, blockchain lotteries can make the industry worldwide instead of geographically limited schemes that are prevalent today predominantly in the USA and Europe.
Introducing MegaEther, a real-life application of blockchain technology and the pioneering decentralized lottery project built on the Ethereum blockchain smart contracts feature. Currently, MegaEther is offering various lottery options with a total prize pool of 1,000 ETH (~$200.000)
Mega Digital Token
In addition to lottery services, a digital token is also being provided by MegaEther. The project has more than 500 million MEGA tokens but the in the initial delivery, only 50 million…