Re: [ANN][ICO][NEOGAME.IO]Nonprofit lottery:no owners/commission/people involved.
developers propose to develop a new business model that excludes the possibility of earning money for the organizers. This is a completely opposite idea to existing startups. You probably know that about half of the profits from the gambling business are received by those who manage it. NeoGame is a completely autonomous platform with no owners and no jurisdiction. All management is under the control of the blockchain and the smart contract, in which the algorithm of the lottery process is registered.
who then can change the algorithm of a smart contract? And what if it gets hacked? Can I be sure that my investments will not be affected?
All management actions, again, are on a smart contract. The blockchain adds transparency to this process, so you can see how everything happens, but you cannot influence the progress of the winnings and change anything. It seems to me that this is the right policy.