Lottery.com Promises to Create a New Blockchain Lottery Gaming Platform

Lottery.com, a tech firm is broadening its areas of operation with their recent announcement of the creation of a platform which will see them pursuing online gambling, but slightly in a different format, such as sports betting, lottery, and sweepstakes. Powered by blockchain tech, Lottery.com is still trying to develop, the company said.

Blockchain Gaming Platform Early Development Commences

Lottery.com is highly confident that its new solution would help in enhancing its capabilities in API. Named Project Nexus, Lottery.com will go about developing this platform in the next few years, thereby leveraging their understanding of blockchain as a means of enhancing their product diversity, along with the security of the project that’s upcoming.

Tony DiMatteo, Lottery.com CEO said that blockchain technology holds the future of gaming, and his firm highly believes in that. According to him, Project Nexus is set to become an important step in the realization of the intended project. “It’s crucial for any player to have full trust and confidence in the integrity of whatever game they are playing, and blockchain technology has the potential to improve that transparency,” added Tony.

Lottery.com will, however, not do it alone. The firm has already formed contacts with several notable blockchain developers that may assist them towards the development of the said solution.

Lottery.com will go ahead and focus on the major strengths associated with blockchain-based gaming, which is mostly transparency and matters to do with improved security across the entire verticals.

Project Nexus Creates a Path towards the Future of Gaming

Project Nexus is set to finalize its development with several registered lottery games in the U.S., which players outside the United States will be able to enjoy as well. Additionally, it will several feature multi-billion progressive jackpots that will be shared across many jurisdictions.

Lottery.com also have plans to include a special feature aimed at helping it allocate some portions of jackpot winnings to several environmental and social causes. Another benefit that will come with the project is that there would be both Crypto and FIAT as viable payment methods.

Back in February, the company went public through a merger they had with Trident. Trident is a special purpose acquisition firm. This merger is a bold statement that indicates on how fast the nature of gaming is changing.

FunFair Games comes in as one of those pioneer companies to penetrate the space. FunFair Games specializes in the development of blockchain games. Just recently, the firm released what they termed as AstroBoomers! TURBO. It’s a continuation of the exact game originally launched in April. Slowly, Blockchain is turning out to be the standard when it comes to iGaming.

FunFair Technologies COO, Lloyd Purser, recently talked to CoinGeek’s Hashing It Out. He outlined the uses of technology in gambling.