Why eden? In classic lotteries, we think there are a few weak spots. A large proportion of the stakes are not raffled, chances of winning a jackpot are slim and each participant can enter each draw only once.
Yet nearly everyone has played before or plays regularly. Eden is an optimised variation, because thanks to Blockchain and eden tokens, weak spots are kept to a minimum. The online and offline gambling market is incredibly large. If you look at the statistics, it has been growing continually since 2003. Historically, people have enjoyed gambling even during bad times.
The eden raffles are held independently by Ethereum Smart Contracts and are completely manipulation-free. This automated variation enables up to 99% of the eden put in as stakes to be handed out to the winners. Every eden is a participation in three raffles: the daily, monthly and annual ones. Particularly in the monthly and annual raffles, enormous jackpots can be the result.
Every participant is entitled to put in one eden or 10,000 eden in a transaction. Each chance of winning per eden is the same. One eden comprises three rounds of participation; this means there are multiple chances of winning. Particularly through the daily raffles, there will be an interesting token fluctuation. If a player wishes to play in eden, they need to have eden tokens. These must be purchased on stock markets. The further acceptance of crypto-currencies and further ground-breaking technologies is gaining more and more attention from the mass market. The Use Case for eden is enormous.