Thanks to discord �Solana#developer-support �for all assistance
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.
Roadmap
Stage one (Solana DeFi hackathon)
Stage two
Stage three
Stage four (vision)
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.
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.
Current
PoC running on �devnet/localnet