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Thanks to discord �Solana#developer-support �for all assistance

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Value proposition

“A fool and his money are soon parted” �This time at least fairly and transparently

26% of the world population gambles.

The global gambling industry is valued at about $635 billion, all of that to draw random numbers (sometimes) and provide fancy frontends (casinos, betting websites, …).

Organization fundraiser digitized, low cost and transparent. Think about the school fundraiser lottery.

John received his 200th scout badge thanks to his astounding scout solanalotto-based fundraiser lottery.

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Roadmap

Stage one (Solana DeFi hackathon)

  • Get onboard with Solana ecosystem
  • Build proof of concept lottery with fixed entrant size lotteries and flexible ticket price�

Stage two

  • Revisit code to improve rough edges and improve UI
  • Improve source of randomness (or lack of)
  • Implement user defined fixed entrants lotteries and time based lotteries
  • Do we care about ticket numbers :D?

Stage three

  • Refactor program for token based lotteries
  • Deploy viable program to devnet and potentially mainnet�

Stage four (vision)

  • Derive to greater gambling systems

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Stage two

Improve frontend with branding and sleek user interface

Improve lottery initialization with flexible entrant size, also return minimum rent balance to initializer to reduce “cost” of lottery:

Flexible entrants can be brought through a on init size setup, via single lottery account or linked list.

Leverage https://docs.chain.link/docs/chainlink-vrf or similar, requirement is to bring the chainlink oracle to solana.

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Stage four (vision)

Sport bets where odds are not determined by the bookies but instead by the ratio of the pool of bettors on each side.

Requires again oracle integration first.

Bet on anything provided oracle exist, with flexible betting system.

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Current

PoC running on �devnet/localnet