ℹ️What is BilliDrop?

A New Crypto Gaming Experience That's DeFi-antly Different.

BilliDrop is a Tri-Token ecosystem founded on the principle of complete visibility and transparency to token holders and players. Every part of the ecosystem has been designed to work collaboratively to create a DeFi gaming experience that wouldn’t be possible without the blockchain. Native ERC-20 tokens, NFT’s, skill-based gaming, and Smart Contracts are all made accessible and easy to understand even if you’ve never used crypto before. We’re bringing better blockchain gaming to everyone.

Our core product, The Drop, is a lottery-style game that uses the blockchain to provide full transparency to its players. Unlike lotteries or other gaming platforms, The Drop is provably random, operates on a transparent blockchain ledger, and pays out 100% of the fully-backed prize wallet to the winner.

Lotteries Suck

National and state lotteries played globally by billions of people all suffer from the same collection of problems and inefficiencies that BilliDrop solves. These inherent problems are broadly summarized as inefficiencies of operation, and a lack of transparency and accountability.

While a lottery is the closest and best-understood approximation of what The Drop is similar to in style, The Drop is NOT a lottery. It borrows elements from a raffle, where a winner is definitively selected from ticket purchasers, and combines that element with large-scale jackpots typically associated with lotteries. For most luck-based draw systems, the trigger event is generally time-based. The Drop is a new kind of jackpot bearing game where the fundamental difference is a trigger event, based on a jackpot reaching its predetermined target value through ticket revenue.

This is the most transparent luck-based game with the best odds of winning big anywhere!

Lotteries typically pay out a small fraction of the ticket revenue as prizes (30% is generally considered acceptable) and prizes are not paid out immediately in full; winners either accept a smaller lump-sum payment or the full amount as an annuity paid out over decades. It is not that these operators are inherently trying to swindle players; they are beholden to an antiquated system relying on old-fashioned marketing and advertising, paper tickets, and a network of gas stations and convenience stores - each requiring outdated and expensive proprietary equipment to facilitate sales. All of these operational requirements are expensive - as is giving a revenue share to the host partners and subsidizing state slush funds. BilliDrop deals directly with its end users and needs no brick-and-mortar to operate - overheads are limited to a 20% admin fee charged against ticket purchase, giving a significantly higher proportion of ticket revenue into prize wallets for players to win.

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