Lotto (LOTTO) 1$ worth of lotto tokens are automatically removed from all user wallets, pooled together, and given to one user at random. Simply hold LOTTO to enter- the lottery is coded into the token itself. The LOTTO token is intended for use as an entry into the lottery game that is built into the token code. The LOTTO token itself provides no inherent value and does not give the user any rights or privileges’. Lotto is a highly experimental project- please be sure to manage your degree of risk accordingly.
Lotto (LOTTO) The function startGame() will be called twice per week- every Tuesday and Friday at 8 PM EST. This will run the lottery function, which takes 5 LOTTO from all users balances, pools it together, and distributes it to one user at random. The user does not need to do anything to participate in the lottery besides hold LOTTO in their wallet. The entry price will start at 10 LOTTO. After some time, we will deploy a smart contract upgrade that will fully decentralize the entry price, tethering it to 1 USD based on a moving price average of several days.
Lotto (LOTTO was distributed for free via airdrop, and can be claimed by DeFi token holders in the Claim Portal. The full list of eligibility requirements can be seen in the portal as well. In addition, LOTTO iis available on Uniswap, Bilaxy, and will be listed on several other centralized exchanges in the future. Yes. If you’d like to increase your chances of winning the LOTTO lottery, you may split your LOTTO into multiple accounts, so long as you have enough LOTTO tokens in each account to cover the entry price. David has produced some outstanding video and image content for Lotto, and has used magery to portray how the LOTTO token works in a simplistic and easy-to-understand manner. His talent for design and deep knowledge of cryptocurrency in general have been invaluable to our project’s growth.
Lotto (LOTTO Brandon has a vast knowledge of digital marketing. He has helped launch products at several marketing agencies and will be helping LOTTO expand its social media presence. Tyler is a cryptocurrency veteran who has managed, developed, and marketed a vast number of successful projects, such as Upfiring and Sentivate. His passion for innovation and new ideas, along with his relentless atttude towards the success of his own projects, will be key in establishing LOTTO as a prominent and popular cryptocurrency project.
Lotto (LOTTO has pioneered development for LOTTO and helped design the unique on-chain lottery protocol. His experience as a smart contract auditor and his in-depth understanding of blockchain infrastructure will make him a valuable asset to the LOTTO team. As the founder of Coinbound.io, Ty Daniel Smith has unparalleled experience in cryptocurrency marketing. Ty has managed marketing campaigns for top cryptocurrency brands like eToro, OKEx, Coinmine, and more. His widespread connections and expansive list of successful businesses makes him a valuable asset to the LOTTO Team. Jared helps to manage Lotto’s marketing campaign and works with influencers in the space to promote the project. His in-depth knowledge of growth-hacking and interpersonal relations are incredibly valuable as Lotto expands into communities around the world.
Lotto (LOTTO) Storage Key Points
|Circulating Supply||2.00B LOTTO|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
After the initial deployment and “experimental” period, where will be testing various parameters to see what works best, LOTTO will move towards 100% decentralization. Community governance will be established, and the community will collect a small fee from the lottery to help pay for the gas costs of calling start Game each week. Anyone can call the start Game() function in the smart contract to start the lottery after 6 days and 23 hours has passed, so the lottery will run immutably once deployed
A Decentralized & Cross-Border Lottery Game
LOTTO is immutable, meaning that the lottery will run continuously and no third party can stop it from occurring. After the timelock period has passed, anyone can call the startGame() function to commence the lottery. Once started, the Balance Shift (B-Shift) protocol produces a provably-fair winner using an oracle service called Provable and then shifts user balances so that the winner receives all of the LOTTO from participants. The winner receives 90% of the LOTTO for the lottery, while the remaining 10% is distributed to the user who calls startGame(). This provides an incentive for the lottery to be called and covers the gas fees for the transaction as well.
The Immutable World Lottery
Welcome to the world lottery of the future. This is the only lottery system built directly into an Ethereum token- the token IS the lottery. Unlike a traditional lottery where players have to continuously buy tickets for every drawing, LOTTO focuses on simplicity- just acquire the token, hold, and you’ll automatically be entered into the lottery each week.
Get LOTTO Tokens
If you’re eligible, claim tokens from the airdrop or get them on an exchange like Uniswap.
Wait For Lottery
LOTTO holders will have the entry fee automatically deducted from their wallets through LOTTO’s unique startGame() function and Balance Shift (B-Shift) protocol. No action is required from users in order to participate- simply hold LOTTO in your wallet!
Check Your Wallet
If you win, the jackpot LOTTO will automatically appear in your wallet!
LOTTO is More Than Just a Token it’s an Event
LOTTO is a culmination of the talents of the various team members and contributors. The idea for LOTTO started as something simple: an exciting event on the Ethereum blockchain that could change the lives of a few LOTTO token holders per week. It has evolved into something far more complex- an innovative ERC20 token with a unique lottery mechanism and a robust community supporting it. Our saavy team will be using their various talents to make LOTTO a major presence amongst Ethereum DeFi projects.