MyLottoCoin is a Blockchain Turnkey Solution to State-Lotteries

Blockchain technology has revolutionized the world with rival solutions for the world’s integrated industries and procedures. It has elevated existing systems to become more efficient, secure, transparent, and cost effective. That is a formula that only soars higher with sustainability and progression.

Now, more than ever, we are seeking ways to enhance our outdated methods to preserve their value and tend to the needs of the new generation.

Many of the world’s industries have been built on business models that were unparalleled at the time but have become antiquated now. Now is our chance to make them more effective and convenient for the greater good of the people.

JP Morgan, PayPal, Amazon, and many other well-established names have taken the opportunity to unlock more capabilities of their business models.

However, the one industry that I am here to talk about is the LOTTERY.

Yes, the lottery. That’s one of the oldest industries in the world.

Did you know that, the global Lottery market was valued at US$ 336.33 billion in 2019 and it is expected to reach US$ 433.78 billion by the end of 2026? It’s growing at a CAGR of 4.05% during 2020-2026.

So just give yourself a minute to picture how much the lottery industry can achieve by adopting blockchain technology in its core system?! 🤔🤓

Here are just few benefits of state-lotteries adopting Blockchain Technology:

• Global Access
• Transparency
• Security
• Near-zero operation and administrative cost
• A huge new revenue stream
• No errors or cumbersome labour processes

And many more, but you got the idea.

MyLottoCoin is the birth of this revolutionary idea, bridging the gap between the traditional lottery practice and a blockchain gaming experience, while maintaining the lottery’s critical process and values as central to the business model.

MyLottoCoin has turned the industry into its secure, reliable, transparent, and robust form.

After two years of growing in the market, MyLottoCoin is now offering the opportunity to state-authorized lotteries to adopt blockchain technology to their core system.

MyLottoCoin stands as a turnkey blockchain solution that allows official and state lotteries to become more circular by building their presence on blockchain, while maintaining the brick-and-mortar business model, in parallel and full interaction with the current practice, and guaranteeing:

• End to end automation (ticketing, pay-outs, loyalty, annuity, etc.)
• New revenue stream at no cost; more allocation to good causes
• Full auditability, financial independency, and financial inclusion
• Full compliance with all regulatory requirements (KYC, tax, etc.)
• Merging the best of online and retail experience at no overhead

Now is the time for state lotteries to partner with MyLottoCoin to establish their blockchain footprint.

If you are a state lottery entity committed to serving the people and helping them realize their dreams, partner now with MyLottoCoin (info@mylottocoin.io) and let us deliver together competitive opportunities to our beloved communities.