Lottery.com Announces Creating a New Blockchain Gaming Platform
Lottery.com is a technology startup, which has recently announced the launch of a platform that would allow it to explore various types of online gambling, such as sports betting, lottery, and sweepstakes. According to the business, the platform, which is powered by blockchain technology, is still in its early stages of development.
Lottery.com is sure that the new solution will help it improve its API capabilities. The company will be creating this platform, dubbed Project Nexus, over the next few years, utilizing its expertise in blockchain to improve the product variety and reliability of the upcoming project.
What’s The Future of Gaming?
According to the CEO of Lottery.com, Tony Dimatteo, blockchain technology will be the foundation of the future of gaming, and that Project Nexus will be a key step toward attaining this vision. He also noted that any participant must have complete trust and belief in the authenticity of any game they are playing, and blockchain technology has the ability to increase that transparency.
Lottery.com will not be alone in this endeavor. The firm is already in contact with prominent blockchain engineers that can help it construct the solution. The company will concentrate on the primary strength of blockchain-based gaming solutions, which is increased transparency and safety across all sectors.
Upcoming Plans & Features For Project Nexus
Project Nexus will be completed with a variety of proprietary lottery games in the United States, which will be available for play outside of the United States as well, and will have multi-billion jackpot games shared between countries. Lottery.com intends to include a feature that will allow it to donate a percentage of the jackpot earnings to various humanitarian and environmental organizations. Another advantage of the project would be the inclusion of FIAT and cryptocurrency as viable payment options.
The business went public in February after a merger with Trident, a special-purpose acquisitions company, and has been generating headlines ever since. The newest step is a strong declaration that the nature of gaming is fast changing.
FunFair Games, a blockchain game development business, was among the first to join the market. AstroBoomers! TURBO, a sequel to the first game published in April, was just released by the firm. All in all, it is pretty clear that blockchain is gradually becoming the industry standard for iGaming.