How will they gain any market share when all the other online lotteries have existing customers and they have no track record?
Who did the competitor revenue calculations on their whitepaper, that assumes FortuneJack made $8 billion dollars?
It is an obvious attempt to take crypto from "investors" and run. Doesn't matter how many paid shills pretend it's a good idea.
I think customers in the market do not belong to anybody. They can shift as they do in other markets depending on many things such as service delivery, what they gain, security among others
That is not true. Hong Kong for example, the government runs the lottery, they cannot just take customers from Hong Kong Lottery without the government trying to stop you. Think how big this is SUPPOSED to be, you really believe the governments everywhere don't stop them? It's TAX money.
Does this guy know that the world population is slightly above 7.4 billion. Hongkong population is not even 0.1% of this. I believe there are so many customers globally
How do they get licensed to offer in each country though? They cannot advertise without license, they cannot offer service without license in UK, America, Germany, France approval... they won't get that approval.
Australia, Netherlands, Russia, Italy governments trying to "take down" people who offer gambling services all the time in their country. There are people in jail for this all the time.
So how will the project get around that issue?