There is no stopping this lottery. An immutable financial experiment that automatically enters all token holders into a daily token lottery.
What is LOTTO?
Lotto is the first-ever digital rebase lottery on the Ethereum blockchain. The LOTTO token has been programmed to undergo a daily lottery once every 24 hours, using a novel method of reallocating balances. At this time, a pre-calculated amount (set to 1 LOTTO by default to start) will be deducted from all users balances and placed into a virtual pool, then a “draw” will be conducted, and the pool will be instantly merged with one LOTTO holder’s balance, who will be chosen mathematically at random. The entire process takes place without involving users at all- all you have to do is own the token! It’s a fascinating experiment in human nature as well! As soon as Lotto launches its first lottery, it cannot be stopped even by the Lotto team, and will continue running daily lotteries as long as the Ethereum blockchain continues to propagate. For the lottery to start, we will give it away via Telegram airdrop 100% free of charge, as long as you have an account.
Instructions for participating in the airdrop, as well as more information on the project, can be found on the LOTTO website: lotto.finance
LOTTO Airdrop & Token Statistics
Airdrop Amount For Participants: 400 LOTTO
Total Supply: 2 billion LOTTO
Distribution Airdrop: 400,000,000 LOTTO
Incentivized Liquidity (Unicrypt, etc) 200,000,000 LOTTO
Marketing Campaigns/Airdrops: 200,000,000 LOTTO
Founders: 600,000,000 LOTTO (50% market cap releases, 50% vested* with 1 year cliff)
Cold Storage (Exchange Listings etc): 600,000,000 LOTTO
*Vested LOTTO will be distributed over 5 years using a vesting smart contract
Upfiring (UFR) Holders
Upfiring holders will be entitled to three times as much LOTTO via the initial airdrop as regular airdrop registrants. A snapshot of the Ethereum blockchain was taken on November 29th, 2020 at 3:20 AM EST and the balances of all UFR holders was recorded. The top 1000 UFR addresses by amount will be airdropped 2000 LOTTO each. UFR holders are also free to register for the airdrop as well as long as they use a separate ETH address from their UFR address, for a total of 2400 LOTTO.
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Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
