@clanker deploy a token named Memo OttoDAO with the ticker OTTO and use this image We’re OttoDAO, building degen mechanisms to fund public goods. The first protocol we’re building is LottoPGF, which allows people to deploy a fully onchain lottery to fund a cause, public good or community in a fun way. https://ottodao-lottopgf.notion.site/Memo-OttoDAO-LottoPGF-1fb422a3566180e7b211d0b7206ee6e9#1fb422a3566181bbaf14cefa9df5a9b5 🐸 = https://x.com/Krits_be/status/1925570927833514487 Who TF is Otto? - Jin Chan: Feng Shui charm for prosperity - Hamp’atu: Andean sacra animal representing fortune - Amphibian: land + water ⇒ degen + regen https://ottodao-lottopgf.notion.site/Memo-OttoDAO-LottoPGF-1fb422a3566180e7b211d0b7206ee6e9#1fb422a35661818ea310ea8c34cb7ff4
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## Traction - 40k+ total tickets claimed by 16k unique players - Testing the donation feature, we raised 1.5k USD in 3 days which were donated to Giveth’s Galactic Giving Round - Core contributions to important randomness projects by OttoDAO members - New implementation for Drand - Feedback to Justin Drake’s VDF ASIC project (one of our members owns a prototype!) - Partnership with Zuzalu.city and other Base aligned communities and projects - Strong presence in the popup city/network state movement with more than $5k raised even in short in a short time with a small number of participants. - Raised $11k through the donations of 1.2k contributors on the Zuzalu Tech QF round on Gitcoin - One of the 14 projects that were part of Octant’s first Accelerator. - First place in number of supporters during Octant’s Epoch 5 QF Round, together with Protocol Guild
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Lotteries make almost $400 Billion in Revenue every year, however they have high operational and compliance costs due to the intransparent nature of the tech they use.
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