Exclusive: Megapot raises $5 million to create a crypto-powered global lottery

Megapot has raised $5 million in funding to launch a crypto-powered global lottery platform. The company plans to offer $1 entry jackpots with the ambitious goal of onboarding one billion people to blockchain networks through their lottery system.

• →Megapot secured $5 million in funding to develop a cryptocurrency-based global lottery platform.
• →The platform will offer lottery entries for $1, making it accessible to a broad global audience.
• →The founder aims to onboard one billion people to blockchain networks through the lottery system.
• →This represents a potential mass adoption strategy using familiar gaming mechanics to introduce crypto.
• →The project targets global markets rather than focusing on specific jurisdictions.