Gelotto Newsletter 04JAN2023
5 min read
Weekly Poker Schedule
Play in the qualifier games Wednesday, Thursday and Friday 1:00 PM UTC and 8:00 PM UTC. The winner earns free entry into the final game on Sunday at 8:00 PM UTC! Click here to find out how to join
The final game's minimum prize pool is $100.00 USD.
Congrats to last week's winners. The payout totaled $641.95 and 5 total NFTs
The other 50% of the prize pool (6,666 Stars) was used to mint 2 Gelotto Shopp NFTs. REKT Bull, Space Skellies, and HERO NFTs were donated by the projects as a collaboration. All 5 NFTs were raffled off to participants in the final poker game.
Winner list below
Merch Store Now Open
In celebration of our grand opening, we are offering a 15% discount to everyone for a limited time. Use the coupon code NEWYEAR23 to get the discount. The official website is shop.gelotto.io
Gelotto to become an IBC Validator hub
Help support decentralization and earn Gkey rewards for staking with us! Click on the icons in the picture below for a link to Gelotto's validator page for each chain.
Gelotto is hiring!!
Attention social media mavens! Are you a marketing pro with a knack for growing brands? If so, we want you to join our team as a Social Media Manager! If this sounds like the perfect fit for you, Join Discord and open a 🎫-ticket to chat or contact us on Twitter.
If you know someone who might be a great fit, please connect us - we're always on the lookout for top talent.
Gelotto Shoppe NFTs
651 out of 1000 minted
The floor price is around 1,700 STARS
Owning a Gelotto Shoppe NFT also grants VIP status.
Discounts on Gelotto Merchandise in the Gelotto Merch Store
Free access to selected community poker games (stay tuned to the community discord for info)
The 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! Read more here
Other benefits once the main platform goes live, such as access to selected games or areas, UX features (avatars, banners, sound, etc.), and perks for certain games.
Mostro del Gelotto NFTs
Now available on Tori Marketplace
There are only 200 Mostros to be traded (214 total, with 14 of the Mostros minted for team PFP on v2 Gelotto platform)
View Mostro Statistics on the Tori-Live.io website
All NFTs have a Small boost on the gaming platform when using $Tori as the in-game asset.
NFTs can be used as profile pictures on Gelotto's v2 platform
More benefits and alpha to be announced later!
Released MVP Gelotto game platform
About to release WalletConnect support so you can play games on mobile
Adding more performance enhancements to new lottery page
Finishing up WalletConnect integration
Lotto integration for the following assets including $OSMO $SCRT $TORI $HUAHUA $CZAR $STARS $USDC and more!
Lottery Creator Tool
Create your own lottery and earn royalties from the prize pot!!
The custom game creator allows the user to set the royalties they wish to receive from the prize pot along with background colors, button colors, ticket supply, ticket price, time limits, and game rules.
Be sure to check out the new Lottery page (the first part of v2). More features coming soon with v2 release.
Play the REKT BULL lotto here
There are several lottery games lasting from hours to days. Test your luck and see how much you can win here
Weekly Poker Schedule and sign-up info
Play in the qualifier games Wednesday, Thursday and Friday (1:00 PM UTC and 8:00 PM UTC). Prizes for the Qualifier games are free entry into the final game on Sunday at 8:00 PM UTC!
Minimum Prize pool is $100.00 USD.
New payout structure moving forward:
Once $100 USD (or other amount stated in the weekly poker instructions) is reached, 50% goes to the prize pool and the other 50% will be used to mint Gelotto Shoppe NFTs. All minted Gelotto Shoppe NFTs will be raffled off to participants in the final game. If there is not enough to mint a full NFT, the funds will roll over to the next final game.
Here is the payout structure chart
Read more about Gelotto Poker here
Fed states 2023 is too early to begin lowering interest rates, keeping BTC price below 17k after brief rally.
If Digital Currency Group (DCG) enters bankruptcy next week, it may be forced to liquidate large amounts of gBTC and cause market dump.
If BTC falls below legacy trend line dating back to first bull market (will intersect next week), this may indicate end of the standard 4-year cycle and that "this time really is different".
All fairdrops (except EVMOS) are automatically sent to your derived Juno address via monthly snapshot
EVMOS requires a one-time "magic transaction" to link your Juno wallet. After the Evmos "magic transaction" is complete you will automatically get your Gkey fair drop for EVMOS during the future monthly snapshots.
All snapshots are publicly posted on Gelotto Github
Minimum staking values for monthly Gkey Airdrop
10k $GLTO in either Osmosis or Juno to earn monthly GKEY fair drops.
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.
Validator Stats and Votes