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The Web3 lottery platform is going to the same fate, with serious homogenization.

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The designs of Web3 lottery platforms are similar in nature, because they all must meet the following basic elements:

1. Decentralization: The Web3 lottery platform needs to use blockchain technology to achieve decentralization and ensure fairness and transparency.

2. Smart contracts: Smart contracts are the core of the Web3 lottery platform. They define important parameters such as lottery rules, prize distribution methods, and participant qualifications.

3. Token payment: Since the operation of the Web3 lottery platform is based on the blockchain, it is necessary to use tokens for payment.

So, while different Web3 sweepstakes platforms may vary in design, prizes, etc., their basic elements are similar. That's why they all look alike.

In addition, the Web3 lottery platform is a relatively new field, and the competition in the market is also very fierce. As a result, some companies may try to replicate the success of others to ensure their platforms will succeed. This could also be another reason why many Web3 sweepstakes platforms look alike.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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