How MOS Created a Different Blockchain Lottery ProgramA simple search on your preferred search engine will provide you with numerous blockchain lottery listings.
Kibo Partners, Fire Lotto, SmartBillions, and others are all joining MOS in pioneering a new gaming experience for people utilizing the world of crypto. Each takes its own unique approach to the gaming experience, but there are some processes that they have in common.
· Many of the blockchain lotteries are structured to provide winning numbers based on future block hashes or random number generators.
· We all utilize a smart contract-based platform that is based off Ethereum, then utilize tickets or tokens to represent gaming opportunities.
· Multiple game options are offered to entice casual internet users, crypto experts, and an anonymous, but global community of players.
Our investing structures are also quite similar.
Blockchain lotteries offer a pre-sale where tickets or tokens are sold at prices that are fixed and low. This begins the prize pool generation process. Over time, the goal is to have the price of those tickets or tokens to increase because they can be traded as a commodity, just like any other cryptocurrency.
Every single blockchain states that they have the most transparent system in place. Yet, at MOS, we feel like no one takes transparency more seriously than us. That is how we are different.
Why Transparency Matters for a Blockchain Lottery
We believe transparency matters because players deserve to have clear, honest information about how their gaming numbers are generated.
At Fire Lotto, a random number generator is used. Players are permitted to inspect the code used for the generator at their convenience.
SmartBillions uses the hashes of the third future block to generate their bet results.
Kibo Partners simply says that the gambling rules and conditions are “hard-wired into the architecture” of their open-source smart contracts.
At MOS, we searched for a better way to encourage transparency, while still keeping the lottery aspect to the gaming process. That’s how we developed the idea of the “stock market lottery.”
Our bet results are based on the closing indices of the stock markets. The closing indices are sent to the blockchains via APIs with results that are easy to verify.
Check any news site or the index itself to verify that the numbers issued are correct.
Here’s an example. Let’s say that the Dow Jones Industrial Average closes at 24,852.39. Now let’s say that the NASDAQ Composite closes at 6,838.72. You would instantly know the results, based on the game you played.
1-Digit Game: 9
2-Digit Game: 39
4-Digit Game: 3972, etc
Once the supplying index value is appropriately communicated, like any other blockchain lottery, instant payouts occur to the player’s wallet.
At MOS, we want you to have access to a lottery game that is truly transparent and fun to play. This structure allows us to appeal to anyone from any background because it is easy to understand.
Our platform is secure. Game play is anonymous. Our bet results are the only option that can be independently verified in just seconds by anyone.
That is how MOS has created a different, and we would say better, blockchain lottery platform for you to enjoy.
www.moscoin.io