Mitoshi is the next generation online game and cryptolotter which is supported by blockchain. by utilizing smart contract power on the blockchain platform and utilizing smart contracts, Mitoshi will build a future of online lotteries that can be accessed globally in a fair, transparent and safe environment. So you can have the confidence to bet on uncompromising lottery results. The aim is to bring a truly fair, safe and transparent cryptolottery experience that is easily accessible to the global market. Imagined as a truly international cryptolottery game - it will offer images that cover the geography of Asia, North America and Europe. Mitoshi crypolotto tokens can be purchased using fiat and crypto currencies. ")
The lottery built on
Mitoshi smart contracts will use the blockchain platform and with Ethereum's smart contract to collect, distribute funds and pay lottery sales commissions through our referral program. With a smart contract, the winning number or lottery ticket cannot be faked. Mitoshi Cryptolotto will be a decentralized community owned by the internet community - thanks to the power of the blockchain. Mitoshi's
global
lottery will have a widespread lottery lottery lineup. Each draw contains a large payment for the winners. Mitoshi CryptoLotto will have a global reach, allowing anyone from all over the world to participate with the tap of a finger.
Problem
Problems and challenges in the industry not only harm the industry, but also hamper its growth. We see a more urgent reason why traditional lotteries today need to evolve.
Lack of fairness transparency
A recent study discussed how precisely lottery can be rigged, damaged and deceived - raising questions such as the validity and "realness" of winning tickets; fair allocation of ticket results to a collection of prizes; is a winning number drawn randomly and safely; and whether someone really won it and not just go to some operators. Lotteries based on smart contracts must address each and one of these concerns.
Lack of innovation
Traditional lotteries have not shown any innovation and do not have much room for variation in game development. Mitoshi Cryptolotto will offer a fresh draw that can be won without sacrificing honesty and entertainment value.
Regulatory setbacks
Traditional lotteries are currently hindered by regulations - from territorial boundaries that prevent viewers from other countries from participating in large jackpots to tax and incur additional costs. Operators that are centralized or monopolized carry regulations, including even those controlled by the state. This regulation is detrimental to the prize money that should be given to the players.
Long payment
Stretching anywhere from week to month after results, traditional lotteries have been famous for distributing prize wins very late with many verification checks on identity and tickets. This is a major inconvenience for players, and practices that should not be tolerated.
Stunted growth
Expanding the market is a tough challenge in the industry because of the difficulty in attracting new players or retaining existing ones, which not only makes it dependent on addiction. This makes it a bit reprehensible, but it also makes it more difficult to pursue and implement new sales channels.
Solutions from Mitoshi
Integrate smart contracts on the blockchain platform
The Blockchain technology provides several advantages for the lottery industry, making its integration not only very useful but also making it an important step to expand the industry. Integrating blockchain technology decentralizes opportunities, making lotteries more transparent and more accessible. By utilizing the Ethereum contract, Mitoshi will build a fair, transparent and safe lottery - and can be accessed globally by those who have internet and smartphones.
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Topic: Thanks to HER SUSAN TO for this article. (Read 116 times)
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