Bitokun is an innovative gameFi decentralized lottery platform providing rewards and anonymity for crypto adopters.
Why is the Blockchain important?
The Blockchain technology used by crypto gaming companies stores immutable, node-verified data. This can be a better alternative to handling information in an online lottery with thousands of players.
Traditional gambling companies need to obey specific rules prohibiting foreign financial activity in some nations. Crypto breaks the barrier to entry. One big benefit of crypto lottery over regular lotteries is Anonymity. While playing their lottery games, players are able to keep their identities secret. Which is very important for data security.
Bitokun is a decentralized ecosystem that focuses on impacting innovators, contributors, and risk-takers in the crypto ecosystem.
Africa has proven to adapt swiftly to the new development of Blockchain technology.
Bitokun focuses on two classes of people, they are the contributors and the traders. Contributors are bulk buyers and traders are the risk-takers who predict prices and measure risk.
Why are these two groups important, they immensely contribute to the growth of Blockchain technology.
Who are the Risk takers?
They are visionaries, hard-working force, thinkers, analysts, predictors, opportunists, and many more. This group of people are highly regarded by Bitokun, as you know the volume of crypto traders in Africa is high. We admire their grit, dedication, and focus on predicting the future of cryptocurrency.
Honestly, that is a skill not many can acquire easily.
On the other hand, we have contributors. Who are these people?
They are the large buyers and heavy supporters of cryptocurrency. This group focuses on staking mainly after buying huge amounts of cryptocurrency, they earn mainly in huge amounts of interests. They are the backbone of any existing Blockchain technology.
This group is heavily depended on as they have the financial capability of acquiring a huge amount of digital assets. We also consider this group a key driver in crypto adoption across Africa.
This group also takes on heavy losses when there are fewer activities on the existing Blockchain. That’s why Bitcoin has dropped in value because the majority of the holders don’t get any interest from the Bitcoin Blockchain since there are no existing smart contracts it powers.
The future is here and innovators, contributors, traders, and providers are all together effectively driving this amazing technology that is bridging data equality and enabling users’ security.