- The winner will receive 80% of the ETH pool
What happens to the other 20%? Isn't that a bit excesive fee?
And why do you call this 'the first ETH smart contract lottery'? Surely you know that you are not the first to come up with this idea. There are even some free smart contract boilerplates on github.
The other 20% is needed for webhosting, future webdevelopment, joining exchanges, hiring people to create future functions for the Luckyjar token it self and possibly other reaons why i need 20% to keep this project alive. Joining exchanges is sadly not free, so i need a lot of balance.
I call it the first and SIMPLE ethereum smartcontract lottery. Sure a lot of gamble sites are in existing, but most of them are huge website with tons of functions and features and some are not blockchain related and could not be traced what everything do. My contract is 100% simple with simple website and easy to use even noobs can join a regular lottery without knowing the tech behind it.