The Centralisation Problem
Traditional lottery and charitable systems face significant challenges:
Centralized control: Funds and prize distributions are managed by a single authority, which may lead to corruption, inefficiencies, and high operational costs.
Lack of transparency: Participants often have little insight into how funds are allocated or how prizes are determined.
High fees and taxes: Conventional models typically incur high operational expenses that reduce the funds available for public good.
Sortes addresses these issues by:
Eliminating intermediaries: All transactions and prize determinations occur on-chain.
Ensuring transparency: Every process is verifiable by the community, minimizing the potential for misuse.
Lowering costs: The decentralized approach reduces overhead, allowing a higher percentage of revenue to support charitable causes.
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