With blockchain and cryptocurrency providing unique use cases every day, also comes the segment where conventional methods are now being converted for blockchain usage.
One such method is online lottery, and one company, Bitplay Club, has been using the power of blockchain technology to claim never seen before fair play when it comes to this ever popular gaming division.
bitplay club has announced another blockchain lottery which is also provably fair
Bitplay Club has been in operations since a few months now. Accepting payments in Bitcoin for its lotteries, the company has run numerous successful, daily lotteries that are built on the idea of being provably fair (by the utilization of methods and algorithms that are proven to hold no bias towards or from the service provider).
It recently shared the news of launching another blockchain lottery on its platform, by the name of “5-36 Provably Fair Bitcoin Lottery.”
This new lottery will be using a ticket price that is as low as 0.00005 BTC (which comes to around $0.5), in order to ensure that everyone can get access to it. The lottery also provides fixed prize payments except for when it comes to the jackpot.
The jackpot for the 5-36 lottery currently remains at 0.2 BTC, but the company has assured its users that it will grow with time, since its previous 6-45 lottery has a jackpot nearing 5 BTC at press time.
bitplay club hopes to conduct more provably fair blockchain lotteries in the future
Bitplay Club has been leveraging blockchain technology to conduct online lotteries that are not just easy to access, but are also built on solutions which are transparent, free of any tampering, and ensure fair play.
The company ensures that the process, from the acceptance of entries to drawing winning numbers, gets handled with the utmost honesty and without bias to any party, and that is where it uses blockchain’s features of security and limpidity in the most effective of manners.
Bitplay Club shared its plans to announce even more provably fair blockchain lotteries in the future that will be built upon the same ideas mentioned above in order to provide its users with the best possible lottery experience.