FAQs

We believe transparency, community, trust, and good judgment are essential for any project to succeed and that’s what we aim to provide at all times. If there is anything else you have questions about, please reach out to our team via discord so we can provide additional information and if needed grow our FAQs.

How much does it cost to mint a Lotter?

- 10,000 Lotters will be sold for 2 SOL each.

- 2,500 sold during Pre-Sale (50% to Raft)

- 7,500 sold during Public Mint (100% to Raft)

What happens if my Lotter wins a Lotter Reward?

After the winning Lotter is revealed, a smart contract reward is issued which is valid for twenty-four hours. 

- If the Lotter does not claim the reward within twenty-four hours, then the reward will expire and the winning funds will be added back to the Raft. 

- If the Lotter claims the reward, then they keep their Lotter, their reward, and all other related pre-sale and/or holder rewards are maintained.

- All rewards are issued from the Raft and claiming any Lotter Reward does not impact eligibility for any future rewards.

How are the winners decided?

The winner of every Lotter Reward is decided through the use of random number generation (Chainlink Integration). The dependability and transparency of the blockchain allows for an impartial result every time.

How much is the Daily Lotter Reward?

After revealing the final digit of the winning ticket number, a smart contract will issue  a 4 SOL reward valid for twenty-four hours.

How much is the Weekly Lotter Reward?

After revealing the final digit of the winning ticket number, a smart contract will issue a 10 SOL reward valid for twenty-four hours.

What are the benefits of purchasing a Lotter in Public Mint?

-    15% of royalties are distributed to Lotter holders.

-    15% of yield farm rewards are distributed to Lotter holders.

-    15% of all future Lotter Pup Ticket sales will be distributed to wallets holding Pre-Sale Lotters. 

-    Following completion of Public Mint, ten randomly selected Public Mint Lotters will be issued smart contract rewards for 125 SOL each.

What are the benefits of purchasing a Lotter in Pre-Sale?

- An additional 5% of all royalties are distributed to wallets holding a Pre-Sale Lotter.

- An additional 5% of all future Lotter Pup Ticket sales will be distributed to wallets holding Pre-Sale Lotters.

Following completion of Public Mint, ten randomly selected Pre-Sale Lotters will be issued smart contract rewards for 125 SOL each

How does the founding team make money from this?

As with any NFT project, there are a few mechanisms in place for the project to grow as well as to reward our team for their time, efforts, and initiative. There is also incentive designed into the project for our team to continue to invest and grow the project as a result of these mechanisms.

Disclaimer 

The use of the word lottery in any context is colloquial and Lottery Otters is not operating as a private lottery. All rewards are just that, community rewards for holding Lotters. Our mission is to join the growing decentralized finance community while also rewarding our holders through a variety of revenue generation mechanisms.  This interface is provided “as is”, at your own risk, and without warranties of any kind. By using or accessing this Interface, you agree that no developer or entity involved in creating, deploying or maintaining this Interface, will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, this Interface, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value. By using or accessing this Interface, you represent that you are not subject to sanctions or otherwise designated on any list of prohibited or restricted parties or excluded or denied persons, including but not limited to the lists maintained by the United States’ Department of Treasury’s Office of Foreign Assets Control, the United Nations Security Council, the European Union or its Member States, or any other government authorities.