Quote from: adaseb on May 02, 2019, 08:31:14 AM

Quote from: Yarex on May 01, 2019, 10:48:35 PM

Quote from: adaseb on May 01, 2019, 10:11:06 PM

I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.

And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.

However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.

Unfortunately, in a smart contract it is impossible to fix the obligation to transfer the car to the winner in such a way that the lottery organizer could not deceive.
However, it is possible to prescribe in the smart contract the amount of winnings in coins equivalent to the cost of Lamborghini or any other machine and transfer this amount to the winner.

Well in that case to avoid the counterparty risk, the smart contract would send all the winning ETH to the winners ETH address and send a small % for the contest creator for his hard work in getting the contest run and successful.

Honestly, most people would much rather have the money than own a lambo. If I won, I probably wouldn't be able to afford the insurance or would be scared to drive it due to rock chips or getting it vandalized.

Most people would sell it and buy a house instead. The "Lambo" is just a meme which was created originally a few years back when some early adopter sold his BTC and bought an actual Lambo (or Ferrari ) and it started a trend right after.

I totally agree with you. I, too, at the moment do not need Lamborghini and I would gladly choose a more modest car, but for the remaining money I would buy a house and invest money in several businesses.

Also part of the winning would be donated to an orphanage.

However, it makes no sense to discuss it, because we have not won anything yet and this is unlikely to happen within the framework of this topic.