Solanalotto

Project developed for https://github.com/solana-labs/defi-hackathon

Google Slide presentation

Value proposition

“A fool and his money are soon parted” this time at least fairly and transparently.

26% of the world population gambles.

The global gambling industry is valued at about $635 billion, all of that to draw random numbers (sometimes) and provide fancy frontends (casinos, betting websites…) source.

Application:

• Replace big lotteries
• Organization fundraiser digitized, low cost and transparent. Think about the school fundraiser lotteries.

Inspiration

Examples: https://github.com/ppoply/Lottery-smart-contract https://github.com/turnyay/solanaroll