Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, is developing a platform to operate lottery, sports betting, sweepstakes and other forms of online gaming; the platform will also augment the company’s API capabilities. According to the company, the platform, which will be called Project Nexus, is designed to increase security and transparency of lotteries and other gaming verticals as well as improve the ability for players to participate in both crypto or fiat currencies. The company notes that it is working toward offering proprietary international lotteries. Lottery.com is also in discussions with a variety of blockchain companies to partner on the development of Project Nexus. The company anticipates the platform will provide improved transparency into results and enhanced security of every game it offers. “We believe that the future of gaming is blockchain, and we anticipate that Project Nexus will be an important step toward realizing blockchain’s potential to provide transparency and security to our products,” said Lottery.com chair and CEO Tony DiMatteo in the press release. “It’s crucial for any player to have full trust and confidence in the integrity of whatever game they are playing, and blockchain technology has the potential to improve that transparency. Gaming is an excellent use for blockchain, and we intend to leverage this technology to improve security for players worldwide.”
To view the full press release, visit https://ibn.fm/DfY7X
About Lottery.com
Lottery.com is a leading technology company that is transforming how, where and when lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the United States and around the world to remotely purchase legally sanctioned lottery games. Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how nonprofit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. To learn more about the company, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery
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