Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company that is transforming how, where and when the lottery is played, today announced that it has selected Algorand’s innovative blockchain to support the development of Project Nexus. Announced last year, Project Nexus is a blockchain-based gaming platform that is being developed by Lottery.com to operate lottery and other forms of online gaming worldwide with enhanced security, scalability and speed.
With a vision to create an environmentally sustainable platform that improves users’ gaming experiences, Lottery.com selected Algorand because of the blockchain’s focus on user safety, track record for consistent uptime, high performance, low-cost per transaction and stated commitment to a negative carbon footprint.
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