Lotteries are now a big business, involving more than 100 countries and 200 jurisdictions. Despite lotteries’ long presence in human history and the vast amount of money involved, they are plagued with many problems such as enormous houseedge, rigged results, slow and low pay-outs, lack of transparency, limited privacy, and consequently, lack of trust. There is a pressing need for an overhaul of the whole lottery industry. A solution to a fair and modern system is a fully decentralized gaming platform that leverages the advantages of blockchain technology.
My Lotto Coin is a permissionless, DeFi-powered lottery brought the most wished decentralized features into play, and has provided unique solutions to the official and online lottery problems. The use of blockchain technology offers a practical approach to simplifying the online lottery model and fixing its defects by enabling fast, reliable, and tamper-proof technology access to players, while cultivating a culture of trust to a damaged reputation of online lotteries.
My Lotto Coin integrates a tokenized reward program designed to empower players to always be part of the game and win, even if they don’t have their lucky numbers lined up with the winning ones. By participating in lottery, players receive the game native token, MYL token, for free and will receive 10% of total ticket sales in Ethereum automatically airdropped into their wallet every 3 months. MYL has a total supply of 100 million which 50% is locked in the games smart contracts for free distribution among players until it ends.
My Lotto Coin has many major advantages, to name a few:
• Full-inclusion Model
• Fully transparent and open-source
• Unique Reward Program
• Instant Claimless pay-outs
• Anonymous and autonomous
• Largest Prize Pool share ever
• No Prior Deposit to play
• No Random Number Generation (RNG)
MyLottoCoin, the world’s first truly decentralized crypto lottery that is conventionally ruled, anonymously played, and autonomously operated
