Traditional vs LotteryX

LotteryX has a well-designed token-based ecosystem, a tokenized play-to-earn feature powered by the project’s native token, that re-conceptualizes the lottery model, integrated with a distinctive referral reward program, to empower players to always be part of the game and win.

LotteryX bridges the gap between a blockchain gaming experience and traditional practice, while maintaining the lottery’s critical process and values as central to the business model, together with a new level of opportunities, transparency and accessibility of playing lottery from any part of the world. The new approach to converge the modern and traditional lottery games, positions LotteryX as a unique operating decentralized lottery platform where a full inclusion has been made possible.

Thanks to blockchain technology and smart contracts, the most crucial disadvantages of the most popular games in the world are eliminated, and now everybody can play and win either by being lucky to win a prize or passively through a referral reward program. LotteryX represents the next-generation lottery environment that addresses the main issues of official, conventional and online gaming.

The use of blockchain technology and winning numbers from the actual draws of official lotteries, offer a practical approach to simplifying the online lottery model and fixes its defects by enabling fast and reliable technology, whilst cultivating a culture of trust to a damaged reputation of online lotteries.

The winning numbers are the actual winning numbers from the official draws by a completely autonomous randomizer. The respective official randomizer will publish the results of the draws and LotteryX will make them live at the time of drawing. The announced winning numbers are considered as the winning numbers in LotteryX games.

Thus, eliminating any chance of fraud in modern online lottery systems, and increasing the trust in players by using a Random Number Generation system that is proven to be effective in smart contracts.

Each hosted game in LotteryX, follows the prize distribution scheme from the respective conventional game, and prizes are distributed autonomously to the players wallet that is used to purchase tickets.