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CROWD - The time of the crowd lottery has come

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TIME FOR CHANGE

The crowd lottery is a new concept that only works when the volumes are big enough to profit from economies of scale.

"The only thing a crowd lottery needs is a crowd."

Thanks to the internet and social media it is possible to target a global crowd and connect with people from all over the world.

Technology keeps overhead costs low and makes it possible to accept online payments from around the globe.

The conditions are right, all it takes now is people who are willing to challenge the status-quo.

Together we can unite the world in one game while spreading happiness and creating better chances for everyone in a social & transparent way. Join the crowd and become an Ambassador of Happiness!

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CROWD - The time of the crowd lottery has come

  1. 1. CROWD!The time of the crowd lottery has come Jasper Versteege
  2. 2. Everybody deserves a fair chance in life Technology reduces overhead costs, connects the world and makes it possible to challenge the status quo in traditional markets. The power of crowds can be used to democratize the current lottery systems. Together we can create better chances for everyone.
  3. 3. INTRO 01 Pages 4-6 A Brief History... Time for the Crowd Lottery Pages 7-13 What is a crowd lottery? The world’s first crowd lottery An improvement on all levels The lottery of the 21st century Sharing happiness The time is now + + + + + + TABLE OF CONTENTS
  4. 4. A BRIEF HISTORY... They built wonders of the world The first recorded signs of a lottery are keno slips from the Chinese Han Dynasty between 205 and 187 B.C. A spurious legend has it that the invention of the game saved an ancient city in time of war, and its widespread popularity helped raise funds to build the Great Wall of China. Lotteries are as old as we are The lottery is one of the oldest games in the world. They even refer to it in the Old Testament more than once, for example; .”..and the lot puts even contentions to rest, and it separates even the mighty from one another” (Proverbs, XVIII, 18). They are a fair tool Ancient Athens is one of the first known democracies and they used lotteries (via a kleroterion, seen on the right) to select citizens for most state offices and court juries as it was regarded as fairer and less subject to corruption. 4000 B.C. 550 B.C. 200 B.C. © WTA Gaming Ltd. 2014 4
  5. 5. They aided the poor The first lotteries with monetary prizes were held in the Low Countries in the 15th century to raise money to aid the poor and fund fortifications of the towns. In fact, the English word lottery is derived from the Dutch word loterij which stems from the Dutch noun lot meaning "fate". They have been running for a long time The Dutch state-owned Staatsloterij is the oldest running lottery in the world. They funded revolutions The world famous universities Princeton and Columbia were funded by lotteries and at the outset of the Revolutionary War, the Continental Congress used lotteries to raise money to support the Colonial Army. We might say the United States of America are not only founded by its fathers, but also funded by its lotteries. © WTA Gaming Ltd. 2014 5 1445 A.D. 1726 A.D. 1740 A.D.
  6. 6. THE PRESENT Nowadays lotteries have grown into large corporations which come up with complicated prize schemes that result in ridiculous jackpots but actually diminish someone’s chance to win. And large parts of their income go straight into immense marketing budgets aimed at maximizing the amount of money people spend on lotteries. Time for change. © WTA Gaming Ltd. 2014 6
  7. 7. TIME FOR THE CROWD LOTTERY
  8. 8. WHAT IS A CROWD LOTTERY? Every player counts as one All stakes are paid out Admin fee on top of stakes Every player counts as one; this determines the structure of the lottery. It limits gambling and creates equal chances for everyone. All stakes are paid out; this removes the ‘house’ from the game. It guarantees payouts and winners. Admin fee on top of stakes; this adds a layer of transparency. It makes sure all overhead costs are clearly communicated by the operator so players know exactly what they are paying. Crowd lotteries are social and more transparent than traditional lotteries. They lead to better odds, higher payouts, lower costs and still act as fundraiser for charity. A crowd lottery is built on three very simple principles. © WTA Gaming Ltd. 2014 8
  9. 9. THE WORLD’S FIRST CROWD LOTTERY © WTA Gaming Ltd. 2014 9 Here’s how the world’s first crowd lottery works; • 1 euro per ticket • 1 ticket per draw • 1 draw per week • 1 winner takes all This means the jackpot equals the number of players, and the size of the crowd determines your odds. However, there is always someone within that crowd that takes home the jackpot. Guaranteed. CrowdLottery.com uses the certified Random Number Generator ISAAC to randomly select the Lucky Ones. There is still a challenge and small reward associated with breaking ISAAC. CrowdLottery.com gives you the best possible chance to hit the jackpot for the least amount of money. CrowdLottery.com uses the winner-takes-all-principle and the power of crowds to create the best possible chance to hit the jackpot for the least amount of money. As a crowd, we can unite the world in one game while spreading happiness and creating better chances for everyone in a social & transparent way.
  10. 10. Lower costs Limiting the number of tickets people can buy per draw limits the amount of money people can spend on crowd lotteries. AN IMPROVEMENT ON ALL LEVELS The simplicity of the crowd lottery underlines the unnecessary complexity of other lotteries. Simplicity gives players a better chance, a higher payout percentage, and it lowers their costs. An improvement on all levels. 100% Higher payouts Seperating the operating costs from the stakes improves transparency and dramatically increases the payout ratio. Better odds Odds increase significantly thanks to the direct link between the size of the crowd (no. of players) and the prize money. © WTA Gaming Ltd. 2014 10Visit crowdlottery.com for more info.
  11. 11. THE LOTTERY OF THE 21st CENTURY © WTA Gaming Ltd. 2014 11 Lotteries should be about realizing people’s hopes and dreams, not about maximizing the company’s profit. 4% 9% 87% Transaction fee Admin fee Prize money We live in a connected word an the sharing economy is in full swing, yet there is no such thing as a digital lottery for the world. Together, as a crowd, we can cut out the middleman, minimize administration fees and marketing costs, maximize payouts and generate the best possible odds while sharing happiness on a global scale. The crowd lottery concept is an improvement on all levels: it truly is the lottery of the 21st century. Power to the crowd! DISTRIBUTION OF FUNDS Including administration and transaction fee
  12. 12. SHARING HAPPINESS © WTA Gaming Ltd. 2014 12 Everybody deserves a fair chance, and many hands make light work. As a crowd, we can have a positive impact on this world. Share a little, spread happiness. Administration fee Transaction fee Ticket price Company donations As a social enterprise CrowdLottery.com donates 50% of the company’s profit to charity, so everybody wins! Player donations Each player can choose to donate a certain percentage of their winnings to the charity of their choice. How much is up to them. Together we create better chances for everyone.
  13. 13. TIME FOR CHANGE © WTA Gaming Ltd. 2014 13 The crowd lottery is a new concept that only works when the volumes are big enough to profit from economies of scale. The only thing a crowd lottery needs is a crowd. Thanks to the internet and social media it is possible to target a global crowd and connect with people from all over the world. Technology keeps overhead costs low and makes it possible to accept online payments from around the globe. The conditions are right, all it takes now is people who join the crowd and become Ambassadors of Happiness. © WTA Gaming Ltd. 2014 13
  14. 14. TIME TO THINK GLOBAL CrowdLottery.com already reached players in more than 50 countries. © WTA Gaming Ltd. 2014 14
  15. 15. SPREAD THE WORD Together we can unite the world in one game while spreading happiness and creating better chances for everyone in a social & transparent way. Join the crowd and become an Ambassador of Happiness! © WTA Gaming Ltd. 2014 15
  16. 16. About the author Jasper Versteege is a philosopher and entrepreneur who believes everybody deserves a fair chance in life. As a global citizen living in a connected world he sees fresh opportunities to restructure the world in fair and transparent ways. He is the founder of the world’s first crowdlottery; CrowdLottery.com. By developing the crowd lottery he hopes to fulfill his lifelong dream to become a philanthropist and make a difference in the world. Historically lotteries have always been a means to achieve philantropic goals. Launching CrowdLottery.com thus feels like a natural place to start challenging the status quo. We are all Ambassadors of Happiness.
  17. 17. CrowdLottery.com is the world’s first crowdlottery. Our mission is to unite the world in one game while spreading happiness and creating better chances for everyone in a social & transparent way. We believe that together we can have a positive impact on this world by leveraging the power of the crowd. Leveraging the power of the crowd works best if you manage to keep efforts at a minimum and rewards at a maximum. Thanks to internet and low ticket prices our players can effortlessly participate in a rewarding lottery that not only makes it winners happy but also collects money for the greater good. Join the crowd on crowdlottery.com We are all Ambassadors of Happiness.
  18. 18. LET’S SHARE HAPPINESS.

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