Any thoughts? Is there any similar projects out there?
There’s no known lottery project here that has a mechanics like this which distribute prize on random user. It’s more on a raffle than a lottery since user is not betting on a picked numbers but rather the smart contract is just selecting entries as winner.
L0tt0.com is your nearest competitor for lotto based game. The only problem on this kind of game is every round can be useless whenever there’s no participants aside from one user who place bet compared to a regular lotto games which the casino provides prize pool for players to win with their bet. This game is more on just PVP.
Yeah it's more like a PVP. Well I was trying to search but I can not find any projects like this. Maybe this system will be flawed? Anyway if there is only one participant, when the round is over, he gets his money back. Everything happens automatically. It's written in the smart contract. Only if the contract has not enough balance to pay the gas plus the user's share would be a problem. But for that, we could add a function that everyone can topup the contract's account for fees.