Mobile Lottery Platform, Lottery.com’s LDC Crypto to Influence Global Impact Raffle
Lottery.com, known as the world’s largest provider of lottery results and related information, has recently launched the LDC Crypto, in the hopes of using its coin as a mean of operating the Global Impact Raffle. The coin can potentially contribute towards raffle events created in supporting charities and benevolent causes.
The LDC Crypto is supposedly an Irish arm of Lottery.com and is proclaimed as the “Issuer of the Digital Securities Offering”. Based on the claims made, the funds raised through the Digital Securities Offering will be used to develop the raffle platform – which will house several worldwide events.
The Global Impact Raffle uses a traditional approach known as gamification, which takes on different websites and incorporates gaming systems to encourage more participation. Some of the areas of interest for this respective platform is said to include sports franchises, charities and NGOs. Hence, LDC Crypto’s role in this project not only rewards participants, but also contributes towards societal causes.
As for investors, their participation will begin at a fixed percentage revenue of 7%, which will come from the Net Raffle Revenue on the Lottery.com platform. To ensure that users are investing in a regulated project, each offering is to be passed through a FINRA licensed broker.
For the time being, Lottery.com has partnered up with several firms ranging from social and financial platforms including Securitize, Cooley, Vo1t, Polsinelli, Lewis Roca Rothgerber Christie, CauseCast, iHeartMedia and GateHouse Media.
For more information on how to get the Lottery.com app, go to: https://lottery.com