ERC-20 Lotto
Buy lotto tickets and win Jackpot in $FATH
Engage in the exciting world of blockchain-based lottery and try your luck with OctoLotto using the ERC-20 $FATH token.
What is OctoLotto?
OctoLotto is a blockchain-based lottery game where users can purchase lotto tickets and take part in an ERC20 Jackpot draw. The essence of the game lies in predicting the numbers and potentially winning the jackpot.
How often are the draws?
The OctoLotto draw is scheduled every 24 hours. Following the closure of each draw, the numbers are randomly selected and the victors are determined.
How can I join OctoLotto?
To be a part of OctoLotto, one must purchase a lotto ticket. This ticket permits the selection of 6 numbers from a pool of 20. Notably, numbers can be repeated in a single ticket, for instance, '888888' is a legitimate combination. Secure all 6 numbers, regardless of their sequence, and you stand a chance to win the grand prize.
What if no one clinches the jackpot?
In scenarios where no participant successfully predicts all 6 numbers, the prize money is transferred to the subsequent draw, enhancing the jackpot amount for the following day.
How much do I pay for a ticket?
A single ticket is priced at 10 $FATH. There's no restriction on the number of tickets one can acquire. It's important to note that ticket prices and draw durations may be subject to change, as determined by the community.
Is there a cap on ticket purchases?
Indeed, for each draw, members can obtain a maximum of 100 tickets by default. This number, however, can be increased or reduced.
What's OctoLotto's commission structure?
OctoLotto imposes a 30% commission on every ticket sold. 70% of the ticket's price contributes to the prize pool, ensuring sizable rewards.
What if the jackpot has several winners?
In instances where multiple participants predict the numbers correctly, the jackpot is evenly split amongst all victors.
How do I claim my winnings?
Following the conclusion of a draw, winners can assert their rewards. To do so, navigate to the draw history segment, verify your eligibility, and initiate a "Claim Prize" transaction to receive your winnings.
How does the prize pool grow?
With every draw, an additional 200 $FATH tokens are incorporated into the prize pool from the community wallet. This mechanism, especially in conjunction with rollovers from prior draws, ensures a continually expanding prize pool.
DApp: https://octopeeps.com/dapps/lotto
Contract: https://polygonscan.com/address/0x4419093b2f8f608e4587f33fcd054d9f40a29e60
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