Algorand Chosen by for Blockchain Gaming Platform February 26, 2022 February 26, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsFebruary 26, 2022 by Kelly Cromley

Algorand Chosen by for Blockchain Gaming Platform

“,” a prominent lottery technology firm, today announced that it has picked Algorand’s unique blockchain to assist the development of Project Nexus, the company said in a statement. announced Project Nexus, a blockchain-based gaming platform, last year with the goal of operating online lotteries and other types of gaming more securely, scalable, and quickly throughout the globe.

Technology startup is revolutionizing the how, where, and when lottery is played. Players and business partners in the United States and abroad may buy legally sanctioned lottery games through the company’s engaging mobile and internet platforms. provides real-time results on more than 800 lottery games from more than 40 countries to its fans and subscribers.

Economic models and economies of all types are being transformed by Algorand. Algorand’s high-performing Layer-1 blockchain, founded by Turing Award-winning cryptographer Silvio Micali, is unmatched in its ability to provide fast, frictionless, and inclusive solutions to consumers throughout the globe. chose Algorand because of the blockchain’s emphasis on user safety, track record for reliable uptime, high performance, low-cost per transaction, and claimed dedication to a negative carbon impact, which they believe would enhance their users’ gaming experiences.

“We’ve always felt that all games would ultimately move to the blockchain due to its inherent openness,” said Tony DiMatteo, CEO and Co-Founder of “Algorand was the only blockchain that met all of our criteria for use in Project Nexus. All of these features are critical to the success of the Project Nexus platform because of its high-efficiency, low-latency, scaling, and security. Our dedication to supporting our communities and the environment was reflected in the design of Algorand, which is ecologically friendly. One of the most decentralized, scalable, and safe blockchain architectures in the world, Algorand has hundreds of top enterprises across the globe using its open source technology,”

Algorand’s Head of Business Solutions, David Markley stated “We are happy to have as a member of our community and look forward to helping them flourish as they transition from Web 2.0 to Web 3.0.”

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.