Neogame is a new lottery game that does not serve any beneficiaries: it has a zero house edge and no one will be able to access the funds. The only way to get the funds is to guess the winning lottery numbers. The idea of the new Neogame project is to create a lottery that does not have an organizer, and is not a business unit. Neogame will be governed solely by a lottery smart contract, which autonomously executes the game algorithm. The smart contract holds funds, gets random numbers, and distributes prizes in an absolutely clear linear manner.
We strongly believe all gambling will shift to a non-profit model in the future. Since blockchain was invented, people can play with each other directly, with no organizers and intermediaries. There is no longer any reason to play lotteries and other games that serve somebody else’s interests. Neogame eliminates hosts, intermediaries, and any business from the game. There are only players playing each other, and the lottery smart contract that makes the no-commission game possible.
For more information on $TKT tokenomics, download pdf here.