Secure funding and payout of cryptographic currency from fiat currency purchases
Systems and methods for enabling the secure use of cryptocurrencies (such as but not limited to Bitcoin, Ethereum, or Litecoin) in prize funds or gift cards that accept purchases or wagers in fiat currencies and payout in cryptocurrency. The prize funds can be associated with lotteries, charitable gaming, or casino environments with the inherent volatility of cryptocurrencies optionally mitigated and cryptocurrency payouts enabled for consumers or players without prior digital wallets as well as consumers or players with preexisting digital wallets.
1. A plurality of instant lottery tickets comprising:
a first instant lottery ticket comprising:
a first substrate;
a first inventory control number printed on the first substrate;
a first digital wallet portion printed on the first substrate, the first digital wallet portion associated with a first amount of cryptocurrency, the first digital wallet portion comprising:
(a) first machine-readable indicia, and
(b) first redundant human-readable text indicia;
a first machine-readable activation code printed on the first substrate;
a first game portion printed on the first substrate and that indicates a first monetary value of the first digital wallet portion, the first monetary value being greater than zero; and
a first scratch-off coating covering the first digital wallet portion, the first machine-readable activation code, and the first game portion; and
a second instant lottery ticket comprising:
a second substrate;
a second inventory control number printed on the second substrate;
a second digital wallet portion printed on the second substrate, the second digital wallet portion associated with a second amount of cryptocurrency, the second digital wallet portion comprising:
(a) second machine-readable indicia, and
(b) second redundant human-readable text indicia;
a second machine-readable activation code printed on the second substrate;
a second game portion printed on the second substrate and that indicates a second monetary value of the second digital wallet portion, the second monetary value being zero; and
a second scratch-off coating covering the second digital wallet portion, the second machine-readable activation code, and the second game portion.
2. The plurality of instant lottery tickets of claim 1 , wherein the first digital wallet portion is a first cold digital wallet.
3. The plurality of instant lottery tickets of claim 2 , wherein the first cold digital wallet comprises printed first indicia data that comprises a first asymmetrical cryptographic public and private key pair.
4. The plurality of instant lottery tickets of claim 3 , wherein the first printed indicia data that comprises the first asymmetrical cryptographic public and private key pair comprises first machine-readable indicia embodied as a first Quick Response (QR) code.
5. The plurality of instant lottery tickets of claim 1 , wherein the first digital wallet portion is a first hot wallet with the first machine-readable indicia providing a first Internet address and first passcode to the first online wallet.
6. The plurality of instant lottery tickets of claim 5 , wherein the first hot wallet is a first deterministic wallet.
7. The plurality of instant lottery tickets of claim 1 , which comprises a separate activation code printed on the first substrate to enable the first digital wallet portion.
8. The plurality of instant lottery tickets of claim 7 , wherein the separate activation code is embodied as a first Quick Response (QR) code.
9. A plurality of instant lottery tickets comprising:
a first instant lottery ticket comprising:
a first substrate;
a first inventory control number printed on the first substrate;
a first digital wallet portion printed on the first substrate, the first digital wallet portion associated with a first amount of cryptocurrency, the first digital wallet portion comprising:
(a) first machine-readable indicia, and
(b) first redundant human-readable text indicia;
a first human-readable activation code printed on the first substrate;
a first game portion printed on the first substrate and that indicates a first monetary value of the first digital wallet portion, the first monetary value being greater than zero; and
a first scratch-off coating covering the first digital wallet portion, the first human-readable activation code, and the first game portion; and
a second instant lottery ticket comprising:
a second substrate;
a second inventory control number printed on the second substrate;
a second digital wallet portion printed on the second substrate, the second digital wallet portion associated with a second amount of cryptocurrency, the second digital wallet portion comprising:
(a) second machine-readable indicia, and
(b) second redundant human-readable text indicia;
a second human-readable activation code printed on the second substrate;
a second game portion printed on the second substrate and that indicates a second monetary value of the second digital wallet portion, the second monetary value being zero; and
a second scratch-off coating covering the second digital wallet portion, the second human-readable activation code, and the second game portion.
10. The plurality of instant lottery tickets of claim 9 , wherein the first digital wallet portion is a first cold digital wallet.
11. The plurality of instant lottery tickets of claim 10 , wherein the first cold digital wallet comprises printed first indicia data that comprises a first asymmetrical cryptographic public and private key pair.
12. The plurality of instant lottery tickets of claim 11 , wherein the first printed indicia data that comprises the first asymmetrical cryptographic public and private key pair comprises first machine-readable indicia embodied as a first Quick Response (QR) code.
13. The plurality of instant lottery tickets of claim 9 , wherein the first digital wallet portion is a first hot wallet with the first machine-readable indicia providing a first Internet address and first passcode to the first online wallet.
14. The plurality of instant lottery tickets of claim 13 , wherein the first hot wallet is a first deterministic wallet.
15. The plurality of instant lottery tickets of claim 9 , which comprises a separate activation code printed on the first substrate to enable the first digital wallet portion.
16. The plurality of instant lottery tickets of claim 15 , wherein the separate activation code is embodied as a first Quick Response (QR) code.