Categories: NewsNFT Games

Blockchain can improve the lottery industry by improving fairness through smart contracts, privacy, accessibility, and traceability

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?

Gamer

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