How will they gain any market share when all the other online lotteries have existing customers and they have no track record?
Who did the competitor revenue calculations on their whitepaper, that assumes FortuneJack made $8 billion dollars?
It is an obvious attempt to take crypto from "investors" and run. Doesn't matter how many paid shills pretend it's a good idea.
I think customers in the market do not belong to anybody. They can shift as they do in other markets depending on many things such as service delivery, what they gain, security among others
That is not true. Hong Kong for example, the government runs the lottery, they cannot just take customers from Hong Kong Lottery without the government trying to stop you. Think how big this is SUPPOSED to be, you really believe the governments everywhere don't stop them? It's TAX money.
Does this guy know that the world population is slightly above 7.4 billion. Hongkong population is not even 0.1% of this. I believe there are so many customers globally
How do they get licensed to offer in each country though? They cannot advertise without license, they cannot offer service without license in UK, America, Germany, France etc approval... they won't get that approval. So how will the project get around that problem ?
They will answer you on that I'm sure, but just to ask, are you aware that lottery is doing so well in Africa?Do you know the number of countries there are in Africa? You just mentioned 4 countries there. How many are they in the entire continent? Just curious
Africa LOTTERY? What? Try getting more people in Africa food, water, jobs and internet access, then worry about offering lottery there.
If land based lottery is popular, that doesn't mean everyone can go online and play EOS lottery. Use logic.
The biggest lottery offers are the MOST protected by governments who run them. America, UK, Australia, Germany, Italy etc.
If this project has done their research, they would be aware how many people are arrested by regulators in these countries yearly for offering gambling services without licenses in those countries.
They NEED the license or to BLOCK the country from their service....why cant they explain that in the whitepaper....