Key points:
- Boost Lottery launches blockchain-based platform featuring NFT Boosters that can enhance winning odds and multiply prizes
- ‘Booster Frenzy’ event runs from 8 January - 10 February, with a marketplace launch following in February
- The platform operates globally using $Boost tokens and includes a charitable component through the ‘Play It Forward’ program
Boost Lottery has announced the launch of its new global online lottery platform, aiming to introduce a gamified approach to traditional lottery systems through blockchain technology.
The platform, which operates on the Elysium blockchain, integrates NFT-based enhancements and introduces a new event called Booster Frenzy which is scheduled to run from 8 January to 10 February 2025.
The platform utilises the $Boost token as its native currency and introduces unique ‘Boosters’. These Boosters are NFTs that aim to enhance players' lottery experiences through two primary features: Luck Boosters, which improve winning odds, and Wealth Boosters, which can multiply prize amounts up to 10,000 times.
These Boosters feature hidden multipliers that are revealed through scratch interactions.
Good to know: A marketplace for trading Boosters will launch in February 2025, allowing players to buy, sell and trade their revealed multipliers
The platform also incorporates charitable giving through its ‘Play It Forward’ program, which allocates a portion of sales to various causes.
In related lottery news, the Philippine Amusement and Gaming Corp (PAGCOR) announced in August 2024 that electronic gaming operators can now offer lottery services, provided they maintain separate drawing systems from the Philippine Charity Sweepstakes Office and adhere to minimum bet requirements.