Meet MILLIONSY, the pioneer cross-chain lottery platform that is predicted to be the next Solana 20x Gem.
Introduction
MILLIONSY is the first Solana-based cross-chain lottery platform. It is based on Mega Millions, an American lottery with prizes ranging from $100 million to $1 billion. By transferring the Lottery to the blockchain platform, they want to reach international participants and give them the opportunity to establish the largest PRIZE POOL in history and really win it. You are more than welcome to participate in the greatest blockchain celebration, as long as you have a wallet and by the price of just 2$/ticket, you now have a chance to join the millionaire club. Tickets will be available on their website and can be purchased by SOL and MILLI.
In the near future, you will be able to buy lottery tickets via Visa, PayPal, and other payment methods. More to that, when the cross-chain platform begins, MILLIONSY will allow you to own essential tickets for the specific chain you want. Moreover, lots of exciting and promising lottery and board games will be introduced as well.
Not only do its creators aim it be the largest lottery platform in history in the blockchain system, they also want to launch MILLIPAD. The platform that leverages a lottery PRIZE POOL to become an IDO model and collaborate with future projects is their significant goal.
How big Lottery Industry is and why bringing it to blockchain platform?
There is no need to say that Lottery has really become a part of mankind’s culture. Many people think of it as a gaming product, but it is actually a high-volume industry that may also be referred to as a commodity.
The lottery business accounts for 29% of the total worldwide gambling income. The global lottery increased from $187.1 billion in 2004 to $284.3 billion in 2014, representing a 4.3 percent annual growth rate over 10 years.
Moreover, in the recent lottery market research 2021–2025, an incremental increase of 194,14 billion dollars is expected in the forecast period at around 9% of CAGR. This research gives an updated overview of the current market situation, the newest trends and drivers, and the industry environment as a whole. Every transaction, whether a ticket sale, a jackpot win, commissions, or investment, passes via the blockchain.
Because each block in the chain has a record of the transactions, a hacker would have to modify every single block in order to manipulate or compromise the lottery number, which is impossible.
As a result, a blockchain lottery platform assures that there are no foul plays or lottery scandals in the ecosystem. This is a guarantee for an ever-expanding lottery industry.
MILLIONSY meets Solana
Solana is a blockchain platform opened to the public. It is open-source and decentralized, with proof of stake and proof of history used to establish consensus. This provides a quick resistance, better security and censorship. They can execute 50k transactions per second compared to 30 transactions on Ethereum. Until now, more than 23 billion transactions have successfully been performed at a cost of just $0,00025 per. It has become the world’s quickest blockchain and the fastest growing crypto ecosystem, with over 400 projects spanning DeFi, NFTs, Web3, and more.
Choosing Solana over other platforms enables MILLIONSY to become not only the fastest but also the cheapest, and the most trustworthy lottery cross-chain.
Don’t worry about the increased charges as the user base increases. Solana is meant to keep a low cost for billions of users’ applications. Therefore, MILLIONSY is able to seamlessly handle millions of tickets and offer the lowest fare ever.
In contrast to nearly every existing blockchain system, which allows anybody to create their own token, making undetected frauds everywhere. Projects created on Solana must have the token symbol and name authorized by Solana’s dev.
Therefore, you may enter the lottery in confidence, ensuring the quality and trustworthiness of MILLIONSY.
The new future of Cross-Chain
Cross- Chain is a blockchain bridge linking two or more blockchains, allowing them to communicate with one another. It enables users to transfer any data between blockchains, independent of their kind. This enables users to make the most of all blockchains while being safe. Users can, for example, perform low-cost transactions, deploy assets from one blockchain to dApps on another, or run dApps across several platforms.
Cross-chain is the future of DeFi. All participants in the blockchain ecosystem will profit from cross-chain communication. It will aid many existing DeFi instruments and cryptocurrencies in attracting new users and scaling off-chain, eventually leading to a faster industrial development and greater use of blockchain technology.
They are anticipated to be the blockchain society’s initial baby steps toward seamless interoperability.
MILLIONSY, the first cross-chain lottery platform on Solana, is one of the most visible uses of cross-chain technology. With such a great foundation, MILLIONSY is poised to be the next 20x gem on Solana.
Source : bscdaily
