Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO][NEOGAME.IO]Nonprofit lottery:no owners/commission/people involved.
by
cinq
on 20/10/2018, 17:16:43 UTC
And how can such a project be completely autonomous and not managed by anyone? I may simply not understand enough, but it’s written on their website and it’s interesting to me how this is possible.

Well, it's just a smart contract that is written by programmers in such a way that no one has access to the token bank and no one can influence the algorithm.
Interestingly, that is, there is no backdoor for the developer of this contract to transfer a part of the tokens calculated for the jackpot?

Even if it existed, it would be found in the code, because a smart contract is available to all users and anyone can get acquainted with it and check how it works. If you of course have some knowledge.
This is a good approach, it allows you to be completely transparent and honest with users. I think this approach says a lot!