ENDED 261 views
ETH Lottery is the first fully decentralized and transparent lottery managed by an Ethereum smart contract. In order to fulfill our mission in the best possible way, we are making the whole lottery fully transparent, eliminating any third-party involvement in the lottery process and management of funds. Therefore, all tickets told and results are available to the public and recorded on the Ethereum blockchain without 3rd party involvement. The offline and online gambling market continues to grow every year. In 2016, the offline gambling market accounted for 359.3 billion USD, while the online market was estimated at 44 billion USD. It is noted that online gambling is experiencing faster growth (10% higher than offline), and is expected to reach 60 Billion USD annually by 2020.