PoolTogether

No-loss lotteries: prize-linked savings, now ported to crypto

PoolTogether pools the tiny interest from everyone's savings and gives it to one lottery winner, so you risk nothing but can win big. The model (premium bonds in the UK, where ~20M people hold ~$100B) is now built on crypto rails.

“So what they said instead was, well, what if we pooled together everybody's 0.01% and then we give all that money away to one person as a lottery winning? So, so it's a lottery where you don't have to buy tickets and you put nothing up at risk, but you can win very, very large. And so this has existed, the same model, this prize-based savings is what it's called, has existed, you know, for a while.”

Steal thisUse a prize-linked savings hook to make saving feel like playing the lottery with zero downside.