The Lottery Otter (Lotter) Project is a real-world use case for non-fungible tokens (NFTs) on the Solana (SOL) Ecosystem. Our goal is to evolve existing raffle systems through the incorporation of blockchain technologies, while doing our part to help make a positive impact on global pollution. Whereas most conventional raffles function through the physical sale of single eligibility tickets, the Lotter Project utilizes NFTs that never expire, and even reward you in SOL to hold them. Plus, as part of our initiative to help our furry otter friends all over the globe, we want to do our part to help rid the world’s waterways of pollution. So, for each dollar that the Lotter Project generates in revenue, a dollar in matching funds is donated to our Planeteer fund.

Each Lotter NFT contains a one of kind Lotter avatar and a unique four-digit ticket number (i.e., 0000, 0001, …9999). The displayed ticket number will be used to announce all Lotter Reward winners. On a daily and weekly basis, random Lotter holders will be airdropped 4 SOL and 10 SOL respectively. Lotter Reward winners are produced randomly through blockchain protocols for a trustless process, and complete transparency. And since Lotter NFTs already reside on blockchain, holders benefit from the privacy and passive income advantages that can emanate from investing in cryptocurrencies and NFTs.  

Our daily and weekly raffles will continue for the life of the project, and only Lotters that are not listed on secondary markets are eligible to win. The structure of these raffles as well as our efforts to grow the Raft are detailed in the following sections. In addition to our Lotter Reward raffles, Lotter owners will also receive Raft yield farm reward shares and secondary market royalty rewards.   

The Lotter Project Team uses 100% of Public Mint capital as liquidity to the community wallet (Raft), and leverages this liquidity to generate income for community rewards and project revenue. These funds will only ever be used for Lotter Reward airdrops and income generation protocols. This helps build trust from both ends which is the foundation for any successful project. We believe that community needs to be the centerpiece for our project and we genuinely want to reward our community as we grow (…and along the way if we also happen to prove to our wives that NFTs are in fact “useful” after all, then it’s a win-win-win).