Have you ever considered the NFT lottery because the NFT lottery game platforms allow players to sell and monetize their in-game assets?
True, the lottery is a type of gambling that involves the drawing of specific numbers in order to win large sums of money. Many people think of it as a gaming product, but it is actually a high-volume industry that can also be referred to as a commodity.
As a result, the lottery industry controls 29% of global gambling revenue.
This will be available soon on platforms such as BillionAir, which is supported by a robust token-based economy, the AIRB utility token, and NFT-based tickets. These can be used to enter raffles, bet, wager, and win the best skill and talent competitions.
I truly believe blockchain can improve the lottery industry by improving fairness through smart contracts, privacy, accessibility, and traceability.
Every transaction, whether a ticket sale, a jackpot win, commissions, or an investment, passes through the blockchain. A hacker would have to change every single block in the chain to manipulate or compromise the lottery number, which is impossible.
As a result, a blockchain lottery platform ensures that there is no foul play or lottery scandals in the ecosystem. Can you recall any other advantages of blockchain lottery?
Source: https://www.reddit.com/r/NFTGames/comments/z0dgok/blockchain_can_improve_the_lottery_industry_by/
