The digital financial derivatives platform NEEXBIT recently announced the launch of its groundbreaking financial derivative product, the “Index Lottery”. This innovative product deeply integrates blockchain technology with financial derivatives, aiming to provide users with a fair, transparent, and high-yield prediction platform.

Fair and Transparent: A New Way to Play

The Index Lottery of NEEXBIT uniquely combines major global financial indices with lottery mechanics. Users participate by predicting 8 specific numbers derived from real financial market data.

For example, the closing prices of four selected financial indices are used to generate the winning number:

BBCA closes at 17,689, where the tens digit is 8, and the ones digit is 9. 

AMMN closes at 9,250, where the tens digit is 5, and the ones digit is 0. 

BYAN closes at 11,737, where the tens digit is 3, and the ones digit is 7. 

IHSG closes at 7,241.13, where the tens digit is 4, and the ones digit is 1.

These digits are then combined in sequence to form the 8-digit winning number for the draw of the day. By utilizing real financial data, NEEXBIT ensures fairness and eliminates the possibility of manipulation, providing a result that is both credible and random. Users can choose their numbers manually or use the intelligent AI-powered “Shake to Generate” feature to create random entries, adding an extra layer of fun to the game.

High Prize Pool and Lucrative Rewards

The Index Lottery prize pool of NEEXBIT is composed of two parts: On the one hand, player contributions. All bets placed by participants are aggregated into the prize pool. If no one wins on a given day, the prize money rolls over to the next draw, allowing the pool to grow continuously. On the other, platform contributions. A portion (5‰) of the transaction fees from the innovative “Options Price Prediction” product of NEEXBIT is automatically injected into the prize pool, further increasing the potential jackpot. 

This dual-prize-pool design not only enhances the game appeal but also provides users with greater earning opportunities. NEEXBIT has emphasized that the distribution of winnings is executed automatically via smart contracts, ensuring transparency and fairness while guaranteeing that every winner receives their share of the prize pool.

Hudson Cornish, Head of Operations at NEEXBIT, stated: “Our core team members have previously worked at globally renowned companies such as Google, Microsoft, and JPMorgan Chase. Their professional backgrounds and deep understanding of the industry are the foundation for launching innovative financial products. Our goal is to lower the barriers to entry for financial derivatives, enabling more users to enjoy fair, transparent, and high-yield digital financial services. The launch of the Index Lottery not only provides users with a new investment experience but also showcases the leading edge of the platform in technological innovation and product design.”

By introducing real financial indices as the basis for determining outcomes, the NEEXBIT innovation not only enhances the credibility and fairness of the game but also demonstrates the unique insights of the platform into financial markets and crypto technology innovation. This approach is expected to gain widespread adoption within the industry and further promote the development of blockchain technology in the field of financial derivatives.