keccers
@keccers.eth
A lady is using this raffle ticket website to sell her house. She can make more money from tickets than it’s fair value Seems like a use case tailor made for crypto but it isn’t using crypto https://raffall.com/en https://www.nytimes.com/2025/05/20/realestate/ireland-house-raffle.html?smid=nytcore-ios-share&referringSource=articleShare
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Patrick | Megapot
@pl
chiming in as a crypto builder building onchain jackpots at /megapot: we in crypto continually overestimate the value of the onchain aspect. getting a provably fair drawing is the easy part it's really the rest of the business that's hard and valuable - building a viable marketplace, figuring the niche to get started with, building the branding to attract both ticket buyers and house/asset listers, operating with a long enough track record (they've been around for 10 years!) that skeptics can be persuaded, and getting to legal clarity or at least into the grey area with a written legal opinion. even then, Omaze (https://omaze.co.uk/pages/cotswolds-v) has been doing this too for years, had to pull out of the US due to legal. thanks for sharing this article! it's fascinating. always interesting that the UK does most of this experimentation. it has insanely high lottery participation rates (80% of adults) and high demand for prize-linked savings accounts (think pooltogether)
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Jac 🎩
@jac
UK has some wild stuff in this category. There are "quizzes" with very very basic multiple choice questions that let you buy 100 tickets. Doesn't seem like they have any gambling controls in place but it's very clearly gambling.
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Patrick | Megapot
@pl
yeah it's quite the industry 🤷♂️
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