Neogame ICO & Token Sale
- NeogameCryptocurrency, Gaming
The gambling business is always considered ‘house edge’ where the organizer or the casino has the advantage. Even if you win, you end up paying a commission to claim your winning amount. This is clearly not fair for the players but there was no choice. Some people think that casinos are not their cup of tea, so they prefer the traditional lotteries to casinos. The lottery host sells tickets and allocates around half of the earnings to the prize pool. The remaining goes to the host. The truth of the matter is that the traditional lottery is a complete negative expectation game. Therefore, overall, it seems that gambling is out and out losing affair where the allure of big money is there, but most people end up losing money in some way or the other. Neogame, on the other hand, is a completely different game.
The aim is to make people gamble without intermediaries and claim their winnings without paying commission so that they get the most out of it.
The Neogame project is a complete contrast to traditional lotteries, where the main objective of the platform is to prove how blockchain technology can become a game changer. Neogame is a lottery with no host, no owners or third-party beneficiaries. The project makes the lottery non-profit and autonomous, capable of continuous operation and achieving full transparency through Ethereum blockchain. It will allocate all funds down to the last penny, by using a clear algorithm, which is written into the lottery’s smart contract.