PROBLEM STATEMENT
There are alot of casinos that are trying to maximize blockchain for their respective businesses, however they are still trying to apply existing web2 systems into the blockchain making it difficult to create a more seamless and fun user experience for the players.
Currently, there are many ways people play betting games in the blockchain but the main problem lies mostly on these 3 things: 1. Ease of Use- most blockchain casinos require you to register before you play, $Lotus is fast! The only thing you have to do is connect your wallet and you can immediately play with no hassle. 2. Lack of transparency and trust - If an online casino is centralized how do you check if their results have fair game play and really payout properly? 3. Centralized systems - Most casinos are centralized which are more susceptible to hacking and other online attacks plus rely solely on websites and their own data centers.
Now, most casinos usually have all of these problems above. We want to change all that by introducing $LOTUS.
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