January 27, 2020, 7:40AM EST
• 4 min read

PoolTogether: No-loss Lottery

Quick Take

  • Ethereum-based no-loss lottery, PoolTogether, continues to see rapid growth, with the most recent DAI-based pool amassing over $195,000 from 1,187 unique players,
  • The addition of sponsored funds has transformed PoolTogether into a positive expected value experience, with players expected to earn more from participation than they would by lending out their assets through Compound themselves 
  • With a multitude of avenues for experimentation, PoolTogether has the potential to serve as one of Ethereum’s first mainstream breakout applications 

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