Winchain is a national-level lottery system developed by the Winchain Open Source Technology Foundation team based on blockchain architecture. Leveraging outstanding blockchain technology and leading industry resources, the team revolutionizes the lottery industry with a decentralized mindset, aiming to establish Winchain as the global standard for blockchain-based lottery systems. As the entry token and incentive certificate for dividends and node elections within the Winchain ecosystem, WinToken will be listed on top-tier exchanges for trading.
The Value of WINToken
1. Joint Ledger Fee Rewards
Through Winchains WinElc system, the foundation regularly initiates decentralized votes to elect joint ledger nodes on the public chain. The owners of elected addresses gain the right to jointly operate Winchains consortium chain nodes, participating in the systems joint ledger and earning all transaction fees during their term. As Winchain gains wider adoption and more users, ledger nodes will receive substantial fee rewards. The Winchain Open Source Technology Foundation will periodically conduct decentralized elections for joint ledger nodes, promptly announcing detailed node information, distributing ledger permissions, synchronizing data, and working with community members to ensure the fairness and robustness of the Winchain ecosystem.
2. Direct Use in Blockchain Lottery Games
Winchains dual-chain system supports both traditional lottery applications integrated into the blockchain and a complete developer ecosystem for blockchain lotteries powered by WINToken. Smart contract-based blockchain lottery systems developed on Winchain and applications created by developers in the ecosystem support direct use of WINToken for purchasing and trading lottery tickets (where compliance allows). We firmly believe that blockchain lotteries represent the future of the industry, and the expansion of applications and real demand will significantly enhance the value of WINToken.
3. Developer Ecosystem Incentives
The developer ecosystem is a critical component of the Winchain system. Developers who create blockchain lottery applications using Winchains open APIs must submit and lock a certain amount of WINToken. This not only provides developers with the opportunity to have their creations recognized as official national lottery applications, earning generous development and distribution rewards, but also promotes the circulation and large-scale application of WINToken and the entire Winchain token, which is crucial for the ecosystems growth and value enhancement.
4. Luckywin Lottery System
Luckywin is an open blockchain lottery system designed to incentivize users and the developer ecosystem to develop and compete with various lottery games. As a platform for testing lottery game mechanics, it aims to recommend the most successful games to nations for official status. The goal is to make Luckywin the worlds largest lottery prize pool and the most active community of lottery game developers and users. On this network, the official base lottery game will be Powerwin 49 pick 6. The rules for betting will be related to user holdings within the Winchain network. Luckywin and the Lucky network will establish prize pool nodes, with ledger income automatically contributing to the prize pool to incentivize the networks operation. Fees from later ticket purchases will directly contribute to the prize pool.
Random Number Generation Solutions
Multiple methods will be available for generating random numbers. We will provide several open-source random number solutions for developers to choose from, such as:
Oracle Solution: During the draw period, listen for the hashes of seven consecutive transactions on the BTC network at a specific public time. Then, modulo 49 the hash to obtain the generated random number. Each generated random number will be transmitted to the smart contract by the oracle. After the draw, the smart contract automatically sends the winnings to the winning address.
Absolute Random Numbers: Implement a random number algorithm within the smart contract, resulting in absolutely random numbers after the draw. After the draw, the smart contract automatically distributes the winnings.