guys, when my friend told me about this project, that he uses a completely new business idea and the concept of a non-profit model, I immediately thought about who controls this platform? Who follows the execution of all the rules stipulated by the lottery?
Firstly, the platform is non-commercial, has no owners and does not conduct any activity. Accordingly, no one makes a profit, except for the participants. It is also managed without the participation of people: a smart contract is responsible for all processes, in which all algorithms are installed.
what an interesting system. What kind of legal regulations does the platform follow? I would say that it is dangerous to participate in such a project, where you do not know how to protect in unforeseen circumstances.