PRESS RELEASE. With inflation rising and opportunities starting to diminish, an increasing number of individuals around the world are turning to lotteries, lotteries and other gambling businesses as their only escape. The problem is, there is no way to prove beyond doubt that anyone on the market is legitimate. A lottery is a method of raising funds by selling numbered tickets, one or more of which are then drawn at random, with the winner (s) receiving a prize. As such, DeHub has recently announced have created and launched an NFT lottery protocol that is demonstrably fair and on-chain using Chainlink VRF (Verifiable Random Function) through the world’s first million dollar NFT lottery. Not only do players finally get the transparency they deserve, even losing “NFTickets” still provides utility and access to DeHub’s apps.
What is there to know about the DeHub lottery?
Participating in the lottery costs just $ 11 (BUSD) and entrants have a chance to win a $ 1 million house (or equivalent in stablecoin) in the UK. This is in fact the world’s inaugural lottery based on blockchain technology, which also means it is demonstrably fair, verifiable and transparent. This is important because more often than not, the vast majority of lotteries and other types of sweepstakes events turn out to be scams and participants usually lose their money and most don’t even get their funds back. Raffal.com reported that it sold over 3.5 million tickets in the past 18 months in 65 home lotteries, but only 17 exchanged hands. So far, DeHub has already sold over 100 “NFTickets” for the first house up for grabs, which is part of an 8-figure real estate portfolio against which the team is also generating capital through direct and pioneering liquidations, demonstrably fair sweepstakes and random.
Why is the lottery important?
Every year, millions of people in the UK are victims of lottery scams. It is an unregulated industry that preys on the most vulnerable. As inflation further impoverishes the working and middle classes, an increasing number of people will have no choice but to turn to these lotteries out of desperation as they may see no other way out of their current financial situation. However, the main problem is that there is no way to prove that a lottery is fair and reliable. To make matters worse, the UK government doesn’t regulate lotteries and doesn’t even have the best track record with the cryptocurrency and blockchain industry. DeHub has realized that there is a clear need for a lottery that is not only profitable, but also reliable and trustworthy. By hosting the $ 1 million chain lottery using NFT and Chainlink’s verified random function, DeHub is therefore also solving a major problem in the world while simultaneously giving new life to the industry and providing an innovative use case for blockchain technology and NFT.
DeHub strives to be the blockchain industry’s premier entertainment and lifestyle hub. By building blockchain integrations in the real world in order to constantly improve the user experience and offer greater protection in a wide range of different but interconnected areas, DeHub is leveraging blockchain technology to create real-world integrations that improve life at globally, emphasizing the importance of technology. The platform’s native token, $ DEHUB, can then be used for various purposes such as accessing app features such as arcades or staking, watching existing content and voting on content funding, renewals and cancellations on their resistance to censorship. streaming d’dapp. Users can also spend the token or any compatible stablecoin through DeHub’s cross realm physical and digital marketplace to get a range of products that are all safe and tradable as NFTs. Additionally, there are multiple ways to earn through the platform including but not limited to playing, watching, partner airdrops, engagement and staking, with more methods to be added as DeHub continues to develop beta and alpha decentralized applications. (dApp).
For more information and regular updates, be sure to check out DeHub’s official website and the TwitterTelegram and Discord.
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