Gelotto Newsletter 01DEC2022
·Dec 2, 2022·
5 min read
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Minting December 14th on TORI!!
"Mostro del Gelotto" or Gelotto MonsterThis collection will be fun but will still have use cases and rewards.
-Custom avatars in Gelotto's v2 gaming platform.
-Chance of winning 0.2 GKEY (5 Lucky NFTS will be marked with a $GKEY logo, if minted the minter wins 0.2 $GKEY).
-All NFTS minted will have a Small boost on the gaming platform when using $Tori as the in game asset.
-More benefits and alpha to be announced later!
Amazing art by Skrilla and Cydia!
New Gelotto NFTs Collections coming soon
420 Gelotto Shoppe Collection:This collection will entitle the holders to 1% of the House Rake, similar to the 1000 collection but the 1% is only split 420 ways. Awesome art made by Goodies vs Baddies!
Gelotto to become an IBC Validator hub
Gelotto continues to add new validators, not only to generate income for prize pools and the Grand Prize game one year from the platform launch date, but to support IBC networks and decentralization
Each New Gelotto Validator provides delegators more chances to get free Gkey. Profits from validator commission increases the value of Grand Prize chests!Gkey will be needed to participate and to open Grand Prize chests worth a minimum of $55,000 USD!
See List of Validators and Gkey information
View Gelotto's updated Roadmap
Gelotto Shoppe NFT Update
646 out of 1000 minted
Floor price is around 1,800 STARS
This Gelotto Shoppe NFT series will entitle the holder to a portion of the House Rake for all games across the Gelotto Platform. As Gelotto grows, so does the value of these NFTs.
Raw wireframe video of lottery 2.0 creator tool, with out styling
Will add a "Add Round" button to the bottom. The bar along the left of each round's box is a "drag handle" for repositioning it by dragging. Just added first widget: the token selector. Will add "custom token" option where you can enter the address of a CW20
Progress Notes-Gelotto games platform now has a responsive layout and can be used on mobile or desktop!
-site-wide navigation and responsive layout in the works
- lottery 2.0 smart contract complete
- public tool that will let anyone create lotteries in progress
- New game under development code named "control grid"
Lottery v2 will have the following updates
- Tournament-style lotteries with multiple rounds, pots that spill over into the next round, distinct ticket price and other parameters.
- Ability to add external incentives, like NFT's and other tokens
- Ability to specify custom royalty recipients to share a % of ticket proceeds
- Ability to cancel games and refund orders
- Storage of theme data in the contract to make it possible to create a better game listing page
- Ability for a game to end upon reaching a target funding level or number of tickets sold
- Games that auto reset or loop with repeating rounds
- Ability for games to autocomplete upon reaching one or more targets, including target ticket count, target, wallet count, and target date
- Optionally public lucky messages to be displayed on the game page
ETA for Gelotto Version 2 Platform: December 2022
Shortly after v.2 rolls out, testing is planned for allowing regular investors to spend Glto to start a lottery game with custom parameters.
More analytics about our Validators and Game Stats to be shared on our main website in the coming months
Gelotto devs continue to build during the bear market!
There will be a weekly Gelotto Lottery on the games page. This weeks lottery will run from Sunday to Sunday and costs 1000 GLTO per ticket. Winner takes all!Click here to enter this Sunday's lotto ending November 27th
Congrats to last Sunday's Gelotto Lotto Winners! There were 8 total winners who received 25,875 GLTO each. Total Pot Prize was 230,000 GLTO
There are several lottery games lasting from hours to days. Test your luck and see how much you can win here
Weekly schedule for Gelotto Poker Three weekly VIP games and two weekend buy in games. Please give feedback about this format in Discord. Read More Here
PCI lower than expected and GDP higher than expected may lead to eventual Fed interest rate pivot.
China easing strict covid restrictions may help global supply chain issues going forward.
Despite crypto market prices being down, number of wallets holding 1 BTC or more continues to increase sharply.
Weekly Shout Out
Delegate With Gelotto Validators
Minimum staking values for monthly Gkey AirdropHold:
10k $GLTO in either Osmosis or Juno to earn monthly GKEY fairdrops.
All of the above chains have a Gelotto Validator and a separate Gkey drop. Stake the minimum amount to Gelotto's Validator to receive Gkey in your Juno wallet.