Lottery.com Selects Algorand to Power Project Nexus

Lottery.com, a leading technology company that is transforming how, where, and when the lottery is played, 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.

“We’ve long believed that all gaming will eventually migrate to the blockchain because of its inherent transparency. In selecting a blockchain for Project Nexus, Algorand checks all the boxes we were seeking. Its technology contains a combination of high efficiency, low-latency, scalability and security, all of which are key attributes for games we expect to grow on the Project Nexus platform. Additionally, Algorand was designed to be environmentally friendly, which aligns with our commitment to support our communities and the environment,” Tony DiMatteo, CEO and Co-Founder of Lottery.com, said.

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“As one of the world’s most decentralized, scalable, and secure blockchain infrastructures, Algorand has thousands of leading organizations around the world leveraging its open source technology. We welcome Lottery.com to our community and are excited to support Lottery.com’s growth as they embark on their Web 2.0 to Web 3.0 transformation,” David Markley, Head of Business Solutions at Algorand, said.