Crypto Millions Lotto CEO Sulim Malook On Why Bitcoin Is The Logical Next Step For The Lottery Industry
The year 2021 will be remembered as a watershed moment in the crypto industry. Bitcoin has reached a new all-time high and regulatory discussions are opening the door for mainstream adoption. Large corporations have increased the level of institutional buy-in. According to Sulim Malook, CEO of Crypto Millions Lotto, there are compelling arguments for preferring bitcoin lotteries over more traditional models.
Crypto Millions Lotto is a popular digital lottery platform. It offers lotteries in 180 countries. The company chose to offer lotters in bitcoin over other digital currencies like e.g. ethereum. It also seeks to decrease the amount of taxes that winners are faced with in traditional lottery platforms.
The lottery industry is moving towards an online lottery. The current model is not working. Crypto Millions Lotto CEO Sulim Malook explains why Bitcoin is the logical next step for the lottery business. He also explains how the organization is better suited to digital transactions than traditional ones. It is similar to the shift from physical bookmakers to online ones like Betfair.
Digital lottery service provides a number of benefits to players. All tickets are automatically authenticated.
Crypto Millions Lotto allows people from 180 countries to play lotteries. Lotterie players can choose from Euromillions, Oz Lotties, 6aus49, UK National Lottery, Mega Sena, Superenalotto, Loto 7, and LotteMax. The company uses US$ instead of KYC to reduce volatility of the lottery's value. Cryptomillion Lotta CEO Sulim Malook explains why Bitcoin is the logical next step for the Lotting Industry.
Crypto Millions Lotto has adopted bitcoin as a digital currency. It is a good alternative to traditional lottery systems. The company announces the winning numbers on its website and informs all winners by email immediately. Payment of winnings is made within minutes of the lottery ending.
Crypto Millions Lotto CEO Sulim Malook explains why Bitcoin is the logical next step for the Lottery Industry.