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Israel
Lancellot
Jason Marx's Company Details
Lancellot is a socially-empowered lottery platform that enables participants to form groups and purchase lottery tickets through a simple and secure purchasing platform.The lottery industry is hallmarked by its consistent growth and global popularity, having grown from $187.1 billion in 2004 to $294.3 billion in lottery sales in 2016. Few industries have been as efficient as the gaming sector in terms of adopting new technology. However, despite the prosperity of this industry, there exist inherent problems and limitations such as fraud, exploitation and availability due to geographical and governmental restrictions. The Lancellot project aims to alleviate the geographical challenges and trust issues that burden the traditional lottery industry.Utilizing the advantages of blockchain, the Lancellot project aims to solve the trust issues and limitations prevalent in the lottery industry. Lancellot is a revolutionary platform empowering any lottery player, in any country, to legally buy into the largest lottery draws in the world, no matter where the player lives. The opportunities created by employing a blockchain-based solution in the lottery industry are unmistakable and abundant. Lancellot offers the efficient and modern solution to traditional problems that have troubled the lottery industry for years. The Lancellot ecosystem is a collective of its Web Service, Remittance Service, Captains, Players, and Token Holders.