Lottery platform based on latest blockchain MegaEther has announced its new lottery with a grand prize of 1000 ETH and a total prize of up to 10,000 ETH. While the global lottery industry has posted steady growth from $187.1 billion to $294.3 billion between 2004 and 2016, blockchain-based lotteries are widely regarded as the future. With increased transparency and borderless capability, blockchain lotteries can make the industry worldwide instead of geographically limited schemes that are prevalent today predominantly in the USA and Europe. Introducing MegaEther, a real-life application of blockchain technology and the pioneering decentralized lottery project built on the
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