Moonbet Launches $100,000 Cryptocurrency Lottery Product

Moonbet.io
3 min readMar 23, 2023

Moonbet.io is bringing the excitement of daily lottery to the world of web3 with its innovative crypto lottery product that features a $100,000 grand prize!

Players can buy a ticket in Moonbet’s web3 casino using a wide range of cryptocurrencies for just $2 USD or equivalent in crypto. Each day there will be a daily draw of six numbers and if any lucky player matches all of them, then they will win the six-figure jackpot.

About the Moonbet Crypto Lottery

The lottery product is the latest in the addition of Moonbet’s Web3 Casino suite!

The extremely simple yet exhilarating product is sure to set the crypto gambling world on fire as it offers the largest daily prize pool for any lottery!

How to Play the Crypto Lottery

Playing the Moonbet Lottery Game is simple. Users need to purchase a six-number lottery ticket directly from https://moonbet.io/lottery.

The player chooses six numbers for each ticket, the first five are from 1 to 49, and the last one is from 1 to 18. They can choose numbers manually or automatically.

Once the ticket is purchased, it is recorded on blockchain and it remains held by the player until the daily numbers are drawn.

Each day, a set of six numbers will be drawn. Players matching two or more numbers will receive a prize, and any player that has all six numbers on their ticket instantly wins $100,000 USD worth of the cryptocurrency the ticket was purchased with.

Crypto Lottery Prizes

The Moonbet Lottery Game offers players the opportunity to win $100,000 for having all six numbers correct. However, prizes begin at $1 USD for any player matching two numbers, with the prizes scaling up for each additional number matched.

All prizes are paid out directly to the user’s account in the cryptocurrency that they purchased the ticket with and can be withdrawn immediately using the Web3 casino connection.

The Benefits of a Blockchain Lottery System

The Moonbet Lottery offers several benefits to players looking to play in a blockchain lottery system.

First, it is a decentralized lottery game, which means that players can trust that the game is fair and transparent. The game is built on the Ethereum blockchain, ensuring that all transactions are recorded on an immutable ledger. Additionally, the game offers players the chance to win big prizes, making it an exciting addition to the Moonbet platform.

Second, players are able to connect and purchase their cryptocurrency lottery ticket through a web3 connection using MetaMask or Wallet Connect. This web3 connectivity means that they have full custody of their crypto lottery ticket and receive an instant payout of the prize.

Conclusion

In conclusion, the Moonbet Lottery Game is a new addition to the platform’s suite of games, offering players the chance to win big prizes in a fair and transparent manner. The game is built on the Ethereum blockchain, ensuring that all transactions are recorded on an immutable ledger. With the rise of blockchain technology and the increasing popularity of cryptocurrency, we can expect to see more decentralized gaming platforms like Moonbet in the future.

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