Boost Lottery has announced plans to launch a blockchain-powered global lottery scheme in 2025.
In their latest press release, the project team stated that they want to
“change the way people game and win rewards across the globe.”
The project is built on the Elysium blockchain and has a native token called $BOOST which serves as the primary currency within the ecosystem and enables users to participate in draws, collect “BOOSTERS,” and access rewards.
BOOSTERS are unique features of the Lottery that allow players to increase their chances of winning or enhance payouts when they apply luck or wealth multipliers to tickets. The lottery winners will receive instant payouts directly to their wallets. The platform also incorporates a buyback and burn mechanism to support long-term token value.
The project’s roadmap outlines key developments for 2025, including a marketplace launch in Q1, Booster collections in Q2, the first lottery event in Q3, and further expansion by Q4. The team also announced that there will be a Token Generation Event (TGE) that will offer early access to $BOOST for interested participants.
According to the team, $BOOST has a total supply capped at 1 billion tokens and an initial circulating supply of 120 million, token allocation includes 15% for rewards, 20% for development, and 10% for marketing.
Boost Lottery also plans to support charitable causes through its “Play It Forward” program.
Meanwhile, the Australian government has introduced a ban on using credit cards and digital currencies for online betting, effective June 11, 2025. The regulation, aimed at reducing gambling with borrowed funds, applies to cryptocurrencies like Bitcoin and credit cards linked to digital wallets. Companies violating the rule could face fines of up to 234,750 AUD (155,000 USD). However, online lottery payments remain exempt.
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