Describe the company – the elevator pitch …
We are launching the world’s biggest crypto lotto, CryptoMillionsLotto. Our group is an established lottery operator, already running 30 lotteries. CryptoMillionsLotto will be number 31, allowing players to play and win in crypto and compete for the world’s largest crypto jackpots.
We've just launched our ICO. Check out the press release…
— CryptoMillionsLotto (@CryptoMillLotto) April 27, 2018
How are you different?
Our jackpots are far bigger than local, state lotteries in the countries we plan to rollout in. Large jackpots have proven to attract players – you only have to look at the success to Euromillions, Megamillions and Powerball to see this. With other recently launched blockchain lotteries, you need to use crypto to buy their tokens in order to play; with ours, you play with the crypto you have. Our minimum jackpot, without rollovers, is larger than the others combined.
Why will you do well?
We will succeed because our model is simple, our business is already thriving, and all we’re doing is extending it to the crypto world.
Where are you based?
What tips would you give to others looking to build their business?
You must have total commitment and painstaking dedication. Be prepared to do extensive research and groundwork to understand all aspects of the business and the market you are aiming for. You need to surround yourself with experienced people and win the confidence of investors. You must lead by example. There are no shortcuts. Resilience and very hard work are the only roads to success.
Tell us about your team?
We have sought to build a broad-based team, bringing a range of skills and experience to cover all aspects of the business and not just focusing on the technical aspects of blockchain and cryptocurrency. Our team has been assembled to launch and build CryptoMillionslotto as a global, sustainable venture.
Our blockchain and crypto specialists are strongly complemented with experienced professionals covering – operations, gaming, marketing, finance and legal – a rounded, international team with the skill sets required for a credible business proposition.
What are your plans for the future?
We believe that our existing involvement in lottery combined with a very strong team positions us favourably to launch and operate a truly global cryptocurrency lottery.
Our goal is to become the world’s biggest crypto lottery operator!
The lottery industry, although well-established worldwide, is hampered by its fragmented largely governmental operated structure, which limits access to players from outside their jurisdictions. Furthermore, the whole payments ecosystem hinders the growth of online lotto with an array of expensive middlemen, payment processors, and card providers. Then there are the banks, which frequently prohibit payments for what they deem to be gambling activities. Our new cryptocurrency lotto can disrupt this landscape, allowing players from anywhere to play online as long as gambling is not prohibited in their jurisdiction. Payments can be made and prizes paid seamlessly between player and operator wallets, taking banks and card providers out of the equation. In our target markets, players will be able to play for life-changing jackpots, far higher than those offered by their local [state-run] lotteries. It is an exciting prospect, and we are ready to launch immediately after the CryptoMillionsLotto ICO.
How can people contact you?