Doublejack, a global fintech company, has one Tron-based DJACK utility token that powers its lottery platform around the world. The utility token is sold to people who are geoblocked to access Igaming platforms.
In addition, the funds from the sale of utility tokens will be used to build the insurance program and sell insurance-linked securities so that the company can offer a bigger jackpot.
The utility token supported by Tron is revolutionary as it will unlock the Igaming lottery industry for multiple people around the world.
“We are proud to release our utility token to users around the world Removing geoblocking barriers and empowering everyone to earn passive income and get involved in charity through our lottery system, ”explained the founding team of DoubleJack.
In addition to unlocking the lottery program, Doublejack offers millions of players stakeholder opportunities. In particular, the platform will provide passive income options for influencers who are encouraged to conduct philanthropic initiatives and lottery winners with asset management options.
As part of the influencer opportunity, token holders earn passive income by sending links to the QR code for referrals to other people. The “influencers” earn passive income between 100 and 6 million US dollars, depending on their DoubleJack.Club status, for every 20 people who receive a referral code. The influencer program was officially launched in December 2020.
In order to expand the lottery system, DoubleJack is optimistic that some of the funds from the sale of utility tokens will enable them to build a proprietary insurance company and offer insurance-linked securities to institutional and accredited investors.
The philanthropic opportunities under the new program allow influencers to develop their own charitable initiatives and use the passive income they receive to contribute to local charities.
“As entrepreneurs who are passionate about pushing it forward and building an ecosystem based on altruistic principles, the ICO is a massive step towards realizing our vision for a philanthropic, global lottery platform, ”explained the founding team of DoubleJack
Finally, lottery jackpot winners will be offered the opportunity to partner with asset management firm Turner Little as part of the asset management initiative.
Ultimately, users will be the biggest beneficiaries as they not only access the Igaming platform but also benefit from the philanthropic ecosystem.