WildCrypto, developer of what it claims is a revolutionary international lottery and eGaming platform built upon blockchain technology, has completed its initial token sale in just 96 seconds.
Ahead of the main token sale on Tuesday, 5th September, the pre-sale offered early access in a bid to raise 2,000 Ether. It hit the target in just 96 seconds, with 265 transactions at an average transaction size of 7.547 Ether.
A Wild Crypto spokesman said that the demand for the pre-sale tokens and the speed of the transactions were reliable indicators of the level of support and interest the project enjoys.
Tuesday’s full token sale will offer Wild tokens – the gaming currency to be used on the new platform – at a discounted rate of 2200:1, 2200 Wild Tokens to 1 Ether.
Once the platform launches, these tokens will be exchanged at 100:1 against Ether, effectively offering those that purchased a bonus of 22x on their tokens in January.
The platform, which is reportedly 90 percent complete, is designed to disrupt the $260 billion global lottery and associated games market, for which only 4 percent is currently online, according to the World Lottery Association.
By publishing results of games to the blockchain, users can guarantee an open and honest experience, and players will also be able to cash-out their winnings in Ether or to a Crypto backed pre-pay card that is accepted world-wide.
The company claims the product will be the first of its kind and will be operated and regulated in Curacao from January 2018.