Space-lottery.com launched its crowdfunding campaign today on the Funded By Me platform. The goal is to unite space-lovers from all over the world and make space accessible for everyone. This move announces a new era of commercial space flight, and by turning to the crowd for funding everyone can be a part of it.
As Jasper Versteege (Founder) stated, “A lot of people are dreaming of space, and we want to give them an opportunity to become part of this exciting new industry of commercial space flight. Who knows, they might even end up in space themselves. Power to the crowd!”
The concept: space accessible for everyone
The human race has always looked up to the stars in wonder. By launching Space-lottery.com we can finally make the dream of space flight possible for everyone. A ticket for Space-lottery.com will be only 15 euro and will give you a chance of 1 in 20.000 to win the life-changing experience of a space-flight with XCOR Space Expeditions. Together we will support the future of human space exploration, and we will make one person’s dream come true. From now on everyone can become an astronaut!
Target: 20.000 tickets, 1 future astronaut
Ticket: 15 euro
XCOR Space Expeditions allows us to raffle their tickets because it will support their mission of making space accessible for everyone, and because of the transparency and fairness of the concept. 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.
If you ever dreamed of going to space for the price of a train ticket you should join this waiting list so you will be the first to know when we launch. This will be anyone’s best shot at becoming an astronaut, or to put it like Elon Musk (Tesla and Space X) said it: “When something is important enough, you do it even if the odds are not in your favor.”
We expect to draw the first future astronaut in July 2016. It is still unknown when he or she will actually go to space, since the rocket industry is a tricky business. Expectations are somewhere in 2017, but each winner will have his or her own spacesuit to make the waiting bearable.
Space lotteries will shape the future of commercial space flight
The commercial space flight industry is very young and, up to now, has only been focused on the wealthiest of people. This is of course due to the enormous investments that the pioneers of the commercial space flight industry need to make. The result is expensive tickets and a limited market size. Bringing down the ticket prices would change the size of the market drastically. Imagine the number of people willing to go to space if a ticket is the same price as a train ticket, let’s say 15 euro.
Space-lottery.com will close this gap and make it possible for everyone to fulfill their dream of space flight (or at least have a shot at it). This means that the launch of Space-lottery.com opens up a new part of the market that has never been reached before. Roughly 50% of the world population would like to visit space one day, so it is a market with enormous potential. We believe Space-lottery.com will be an accepted, and perhaps even necessary, method of financing big commercial space projects in the future.
The campaign: aiming for the moon
The goal is to raise 150.000 euro and we offer 12,5% of our shares in return. When someone invests in Space-lottery.com they will not only invest in a very lucrative idea, they will also become a shareholder in Crowdlottery.com, which will slowly grow into a profitable lottery itself thanks to this concept.
The return in actual dividend payouts will be 9,3% after three years. When funds from the capital reserve get released these numbers will drastically increase given the fact that those funds cover 20% of our total turnover, which will be more than 10 million euro if we manage to reach our targets. On top of that the value of each share will increase significantly.
This is the final stage of a three-stage rocket: product development, proof of concept, and global expansion. Right now the Crowdlottery.com concept itself is proven: we have players from all over the world, winners from 8 countries, and we show slow but autonomous growth. Time to reach for the moon!
About Space-lottery.com
Space-lottery.com is a project by Crowdlottery.com. It is a showcase of how digital lotteries can be used to support big projects or certain industries while making dreams come true in a fair and transparent way.
Crowdlottery.com brings the sharing economy to the world of lotteries. Together we can cut out the middle man and create better chances for everyone in a social & transparent way. The concept is very simple: every player puts 1 euro into the pot, and every week 1 crowd member will become the Lucky One who takes home all the money. Better odds, higher payouts, lower costs!
As social enterprise we charge a very small administration fee (when compared to traditional lotteries) on top of each ticket, but we donate 50 percent of our earnings to charity, so everybody wins.
The goal of CrowdLottery.com has always been to keep it simple, affordable, fair and transparent. As social enterprise we want to spread happiness and give people the best possible chance for the least amount of money. These values are also applied to the Space-lottery.com.
WTA Gaming Ltd., the company behind both lotteries, is licensed by the Malta Gaming Authority (MGA). The MGA is a public single regulatory body that is responsible for the governance of all forms of gaming in Malta. Find out more about the MGA at www.mga.org.mt. The official number and date of issue of the license: LGA-CL3-805-2012, effective date March 27, 2013.
