Launch an onchain lottery with any token and fund something!
Now live on Base & Scroll
Be it a memecoin funding a cause, a network state financing their public goods, or communities their activities - lotteries make it more fun to raise funds!
1) What
Otto literally skipped January lol
But his lottos are always available for anyone who wants to incentivise the funding of whatever cause they want to raise for!
Launch an onchain lottery with any token and fund something!
Now live on Base & Scroll
Be it a memecoin funding a cause, a network state financing their public goods, or communities their activities - lotteries make it more fun to raise funds!
1) What
a random chat with @nicnode and a passionate ELI5 participant, @coin_hassan, who was curious about @LottoPGF's story and the mechanics of how things came together
the conversation was originally 40mins long, I tried to cut it short as much as possible. But mr @coin_hassan had to learn a lesson so… 🤷♂️
missing @zuthailand already
@flowstatecoop has been building out next-gen tools for public goods funding
@GravenPrest invented Streaming Quadratic Funding (SQF) and launched a first pilot in Q1 with funds from @thegeoweb's Harberger Taxes and help from @gitcoin
The beauty of SQF is that it represents ongoing streaming donations. Rather than a round every quarter, the funding just keeps flowing to the recipients, allowing them a more predictable income to organise their activities.
The flowstate team grew with @garysheng joining in, and in Q4 Flow State launched a new iteration in partnership with @OctantApp (legends 🤩). This was supposed to last a mere 69 days, but was extended twice, most recently with a new ETH donation from @PublicNouns.
Funding the 13 projects in the Octant Accelerator ( @webhash_eth, @LottoPGF, Farcastle, @ModularCrypto, @getbcard, @together_crew, @karmahq_, @StudyDragonsNFT, @metricsgarden, @x23_ai, @summitshare_zm, @bitskwela, @BitsaveProtocol), the program has already attracted over 80 donors, who have collectively opened 160 streams
OttoDAO Juicebox Campaign update:
ETH redemptions are now enabled on https://t.co/zEVaz20yn0.
Unfortunately, the campaign didn’t get to the target the builders in OttoDAO felt comfortable with for the long term. For that reason, any ETH contribution made to the Juicebox campaign can now be claimed back, and the $OTTO token will NOT be minted.
You will find the instructions to redeem below, but before that we wanted to deeply thank each of the 160 people who contributed to our campaign, and each of the 84 OttoDAO Early Contributors who brought us thus far. You’re the real G’s who believe in making public goods funding self-sustainable! Expect news about next steps for the DAO in Q1 2025. In the meantime, LottoPGF v1 is open-sourced and available for anyone to use!
These are the steps to follow to redeem your ETH back:
1. Connect your wallet to https://t.co/MLr77rGD8p, and make sure you have some ETH on Ethereum Mainnet to pay for gas fees.
2. Go to the “Tokens” tab and click on “Redeem tokens”
3. Input the amount of tokens you want to redeem*, read and tick the disclaimer box and click on “Redeem tokens for ETH”
*IMPORTANT: Input the amount of “tokens” to redeem, NOT the (redemption) value in ETH! (see example). The “Max” button doesn’t work properly, so it’s better to copy-paste the number next to “Your token balance”.
4. Sign the transaction (on Ethereum Mainnet) and you’ll have your ETH back to your wallet.
Thanks again, and happy lottoing 🐸🫡
merry christmas and happy holidays frens! 🎄
today is your last chance to fund the development of an onchain app that will create positive impact in ethereum and beyond
@whyarethis would be dope if people started launching tokens with daily/weekly/degen lotteries to raise funds for good causes using our tool!
you can play around with v1 on https://t.co/ZoiwoHY5qK
here are some ideas on how to configure them for different purposes: https://t.co/4lQBcsIpk8
Imagine a World Lottery on Ethereum… 🐸🌐
Today, we’re announcing the launch of OttoDAO’s Community Fundraise campaign on @juiceboxETH to Make Public Good Funding Fun Again.
Let’s grow the infinite pond! 🐸👇
The first interface built on top of LottoPGF is fully decentralised
- hosted on IPFS
- ENS domain
- immutable protocol
- secured by Ethereum
ottoslottos (dot) eth (dot) limo 🫡
Notifs on at @ETHiopia____ for their upcoming lotto!
If you want to have fun while supporting one of the most impactful ETH events in 2025 you shouldn't miss this!
Christmas Lottery draw is coming up with @LottoPGF
The fun @ETHiopia____ is just about to start 🥁
Stay in the loop guys. Don't say I didn't tell ya ;)
Merry Christmas!!
@LottoPGF : Introducing V1 launched on Base and Scroll, a decentralized deployer on IPFS, AI-assisted lottery deployment, and multiple integrations like Social Layer and Lemonade. @nicnode