Have a spare Ethereum change? This deal might be for you.

A new project based on the Ethereum blockchain has launched an initial coin offering (ICO) to raise funding to complete and launch a decentralized lottery.

Kibo said it is working on a lottery that will make use of blockchain technology “to bring transparency to the game,” and also solve some problems in lotteries such as fair drawings, collecting winning and limited access to ticket purchases.

Developers started working on the platform in 2015 with a goal of ensuring a 100 percent fair lotto experience using blockchain-based smart contracts. The company said with blockchain contracts, “anyone can check out any transaction, any draw or any lottery” from any place in the world, unlike traditional lotteries that are restricted by location or local currencies.