@oopsitsfay
• @megapot just fundraised $5M preseed fundraise led by dragonfly
Megapot is a blockchain-based jackpot protocol that aggregates user deposits into pooled prize pots and distributes rewards through a provably fair selection mechanism.
How?
You deposit supported digital assets into a shared pool.
Each deposit represents a weighted entry, increasing the probability of selection.
At the end of each round, a winner is chosen using a transparent randomization process, and the entire pool is paid out.
Core components
Smart contract based pooling: handles deposits, tracks entries, and secures funds
Weighted probability model: higher deposits increase odds proportionally
Provable randomness: ensures fairness and verifiability of winner selection
Automated payout system: distributes rewards without manual intervention
The system is designed to be trust minimized, where outcomes are determined by code, not intermediaries
FMI: megapot.io
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