If you are interested in online gambling, you have probably seen a lot of applications online from a variety of providers. They are all colorful, nice-looking, and riveting. To try your luck in the online lottery, one does not need to go anywhere and follow the drawing process – everything is automatic and as convenient as possible. But! There is one significant thing that cannot be ignored – the issue of trust. You see, a player can never be 100% sure of the honesty of an online provider. This company may even have a license (although not always), but even in that case they manage to manipulate the results and therefore you can never be sure of your chances of winning. Under such conditions, the rules of statistics simply do not work. Therefore, an important question arises: “What can be done about that?” There is a way out, and it is decentralization. Let's see how it works.
Why are blockchain lotteries better?
So why is decentralization so good? The fact that all operations, including the distribution of winnings, are in the general ledger, and this ledger is available to everyone. This is implemented based on blockchain technology. All the system interaction with players occurs automatically through smart contracts. The lottery itself is a decentralized application (dApp). Thus, it is possible to exclude a centralized provider (it exists, but does not interfere with the game process at all). This provides the 100% transparency of the drawing process that all players want so much.In general, the game interface looks quite familiar, like this one:
The interface of Magic Lotto application based on a blockchain platform |
Now let's see how it looks like in a specific example.
Magic lotto
Here we describe the Magic Lotto gambling platform based on the Qchain ecosystem. There are four popular types of games in Magic Lotto: 6/49, Free Lotto, 7 Plus Lotto, and JokerBall. All you need to start playing is to register on the Qchain website and download the node application for your OS. By the way, by doing this you can use other products of the ecosystem, including distributed data storage, exchange, staking, etc. Next, you will need to buy a QDT token. Here it is used as a local currency. This can be done quickly and easily using a specialized exchanger, or on an exchange. Bets are placed in tokens and winnings are accrued in them as well. That's all, you can start playing.
And here are the key features of Magic Lotto, in addition to the already described 100% transparency of the draw:
Magic lotto
Here we describe the Magic Lotto gambling platform based on the Qchain ecosystem. There are four popular types of games in Magic Lotto: 6/49, Free Lotto, 7 Plus Lotto, and JokerBall. All you need to start playing is to register on the Qchain website and download the node application for your OS. By the way, by doing this you can use other products of the ecosystem, including distributed data storage, exchange, staking, etc. Next, you will need to buy a QDT token. Here it is used as a local currency. This can be done quickly and easily using a specialized exchanger, or on an exchange. Bets are placed in tokens and winnings are accrued in them as well. That's all, you can start playing.
And here are the key features of Magic Lotto, in addition to the already described 100% transparency of the draw:
- simple and intuitive interface;
- full automation – after buying a ticket you do not need to do anything, everything happens automatically;
- quick and easy withdrawal of earned funds, much easier than in the case of the classic offline lottery;
- an affiliate program with the possibility of receiving passive income, which allows you to invite several active gamers here and receive passive income.
- For 3 months of drawings, more than 3,700,000 QDTs (approximately $129,500 as of October 2021) were transferred to the winners' wallets in the Joker Ball.
- 131 people received more than $100,000.
- There is a lucky guy who has won a jackpot of 2,500,000 QDTs.
Conclusions
With the advent of apps like Magic Lotto, the online gaming market is about to change dramatically as everyone wants to play fair and get winnings that can be withdrawn quickly and easily. In a word, everyone wants to receive only joyful emotions, anticipating their victory and then rejoicing in it. And with blockchain-based decentralized lotteries, they'll get it all.
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