Operations & Business Development @IEXnl @IEXProfs, @IEXGeld, etc. Co-Founded and failed with @CrowdLottery & @Spacelotterycom - We'll be back!
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I guess the business model is raising 20,000 x €15 = €300,000 in ticket sales which would be about a 50% margin assuming a $150,000 price tag for the space flight. What if you don't sell 20,000 tickets, will there still be a winner or is the lottery contingent on selling enough tickets to cover your expenses? Will people be reimbursed if the lottery doesn't go through?
Wish you the best of luck. Hope you can get the PR flywheel moving as that's what will make or break a concept like this.
The concept is totally transparent and fair , so there will always be a draw, even when the target of 20.000 tickets is not reached within six months. In that case the money reserved for the ticket into space will turn into the jackpot. There will always be a winner.
PR can definitely make or break, so feel free to spread the word :-). Will you join the lottery?
(Im on a 150 MBit/s symmetric Internet connection in Germany)