# Gelotto Newsletter 08DEC2022


<p>

<h2>Shortcut to Sections</h2>

 
- [Gelotto Events](#heading-gelotto-events) 

- [Gelotto Shoppe NFT Updates](#heading-gelotto-shoppe-nft-update)

- [Dev Update](#heading-dev-update)

- [Games](#heading-games)

- [Other News](#heading-other-news)

- [Weekly Shout Out](#heading-weekly-shout-out)

- [Delegate With Gelotto](#heading-delegate-with-gelotto-validators)

- [Validator Votes](#heading-validator-votes)


</div>
</p>
<hr>


## Gelotto Events





- > <h3><center>**Gelotto Merch Store**<br>**Coming Soon!**</center></h3><h4> All VIP members will get a big discount on current and future merchandise!</h4>
![Image 12-8-22 at 1.27 PM.jpg](https://cdn.hashnode.com/res/hashnode/image/upload/v1670524149709/r0NH6szuC.jpg align="left")

- ><h3>**Minting December 14th on Tori!! <br> White list: 14th of dec, 4pm UTC<br>
Public: 15th of dec 4pm UTC**</h3><h4>  "Mostro del Gelotto" or Gelotto Monster </h4> This collection will be fun but will still have use cases and rewards. <br>-Custom avatars in Gelotto's v2 gaming platform. <br>-Chance of winning 0.2 GKEY (5 Lucky NFTS will be marked with a $GKEY logo, if minted the minter wins 0.2 $GKEY). <br>-All NFTS minted will have a Small boost on the gaming platform when using $Tori as the in game asset.<br>-More benefits and alpha to be announced later! <br>-Gelotto Shoppe NFT holders will be whitelisted <br> Amazing art by Skrilla and Cydia!</h4>
![Mostros PFP.gif](https://cdn.hashnode.com/res/hashnode/image/upload/v1670783670181/1FH2aD-WX.gif align="left")

- > <h3>**Gelotto will be deploying defi games on Sei Network**</h3><h4><center>[click here to read more on Twitter](https://twitter.com/SeiNetwork/status/1600922612993261569?s=20&t=OsNOjbVo7XEemjnSszb6wA)</center>
![FjedSBGXEAMJh7u.jpg](https://cdn.hashnode.com/res/hashnode/image/upload/v1670529286307/EtUvAjh5S.jpg align="left")

- > <h3><center>**Stake your precious IBC coins with Gelotto!**</h3> <h4>Enjoy benefits such as: Re-stake, slash protection, supporting smaller IBC validators to secure and decentralize the network, and earn Gkey!</h4>
%[https://www.canva.com/design/DAFUOF7eM6I/watch] <h4>**Each New Gelotto Validator provides delegators more chances to get free Gkey. Profits from validator commission increases the value of Grand Prize chests!**</h4> Gkey will be needed to participate and to open Grand Prize chest.  These chest are intended to be worth a minimum of $55,000 USD or more!<br>[See List of Validators and Gkey information](#heading-delegate-with-gelotto-validators)












<hr>

## Gelotto Shoppe NFT Update

%[https://www.canva.com/design/DAFUMbNUr0w/view]

- > **647 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.**
- > [**NFT rewards will be available to claim (Q4/Q1)**](https://gelotto.io/nft/shoppe)



<hr>

## Dev Update

- ><h3> Public Lottery 2.0 creator tool</h3><h4>**Dev notes:**<br> Will roll out Beta access later this month!</h4>![image dev 011.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1670546222584/xnP60a8We.png align="left")<h4>Progress Notes</h4> -Gelotto games platform can be used on mobile or desktop! <br> -site-wide navigation and responsive layout in the works<br> - lottery 2.0 smart contract complete<br> - public tool that will let anyone create lotteries in progress<br> - New game under development code named "control grid"</h3>
<h3><center>**Lottery v2 will have the following updates**</h3></center><h4>- Tournament-style lotteries with multiple rounds, pots that spill over into the next round, distinct ticket price and other parameters. <br>- Ability to add external incentives, like NFT's and other tokens<br>- Ability to specify custom royalty recipients to share a % of ticket proceeds<br>- Ability to cancel games and refund orders<br>- Storage of theme data in the contract to make it possible to create a better game listing page<br>- Ability for a game to end upon reaching a target funding level or number of tickets sold<br>- Games that auto reset or loop with repeating rounds <br>- Ability for games to autocomplete upon reaching one or more targets, including target ticket count, target, wallet count, and target date <br>- Optionally public lucky messages to be displayed on the game page </h4><h3><center>**ETA for Gelotto Version 2 Platform: December 2022**</center></h3><h4>Shortly after v.2 rolls out, testing is planned for allowing regular investors to spend Glto to start a lottery game with custom parameters.</h4>


- ><h4><center>**More analytics about our Validators and Game Stats to be shared on our main website in the coming months**</center></h4>

- >**Gelotto devs continue to build during the bear market!**

<hr>

## Games


- > <h4>**There will be a weekly Gelotto [Lottery](https://gelotto.io/games) on the games page. This weeks lottery will run from Sunday to Sunday and costs 10,000 GLTO per ticket. 20% of wallets will win/split the pot.**</h4> [Click here to enter this Sunday's lotto ending December 11th](https://gelotto.io/games/lottery/juno19t3cp3etrfef5ucyl4yjcfmagutgm37kgpeugy6pawzrw8meywjsk6qslz?boxColor=0b910985&speedDialButtonColor=8a25808a&bgImage=https://cdn.discordapp.com/attachments/1041098777370574888/1049475362482028554/Skrilla__Gelotto_rainbow_colors_distant_picture_of_a_forest_of__6137e881-8161-4b9a-b5bd-07e86833c61f.png)

- > <h4>**Congrats to last Sunday's Gelotto Lotto Winner!  There was 1 winner who received 204,300 GLTO!!  Total Pot Prize was 230,000 GLTO**</h4>


- > <h4>**There are several lottery games lasting from hours to days.  Test your luck and see how much you can win [here](https://gelotto.io/games)**</h4>

- > <h3><center> **Weekly schedule for Gelotto Poker**</h3> <h4><center> Three weekly VIP games and two weekend buy in games.  Please give feedback about this format in Discord.</h4></center> <em><center>[Read More Here](https://blog.gelotto.io/off-site-poker-games-with-gelotto)</em></center><br>


![weekly vip poker.gif](https://cdn.hashnode.com/res/hashnode/image/upload/v1669829030266/ZOC10UDMy.gif align="left")

![weekend flyer 2.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1669925488579/WnB0MozeD.png align="left")





- >  ![How to get NFT poker chips #007.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1667924545326/BXhlqsznW.png align="left")<h4><center>[**Click here for detailed instructions on how to save and burn your chip later**](https://www.canva.com/design/DAFRX1Ut_Bc/view)</center></h4>



# **Other News**

- > Coinbase is urging investors to get rid of Tether (USDT) and is letting customers swap USDT for USDC for no fee.

- > US Wholesale prices up 0.3% (when 0.2% was expected), despite hopes that inflation is cooling. Most analysts expect another 50 point interest rate increase at Fed meeting next week.

- > Caroline Ellison of Alameda Research allegedly spotted in a Manhattan coffee shop instead of overseas.



<hr>
# **Weekly Shout Out**


- > 
![Shoutout #011.gif](https://cdn.hashnode.com/res/hashnode/image/upload/v1670531665213/FUNKi1dU9.gif align="left")








<hr>
## Delegate With Gelotto Validators



- > <h3> **All fairdrops (except EVMOS) are automatically sent to your derived Juno address via monthly snapshot.  **</h3><h4>-Evmos requires a one time ["magic transaction"](https://www.canva.com/design/DAFUMfsg9Q8/view) to link your Juno wallet.  After the Evmos "magic transaction" is complete you will automatically get your Gkey fairdrop for EVMOS during the future monthly shapshots.  <br>-All snapshots are publicly posted on [Gelotto Github](https://github.com/Gelotto/airdrop-snapshot-info/tree/main/GKEY/validators/GKEY_FAIRDROP#312)</h3>

- > <h3> **Minimum staking values for monthly Gkey Airdrop**</h3> **Hold: **<br> 10k $GLTO in either Osmosis or Juno to earn monthly GKEY fairdrops. <br> **Stake: **<br>35 ATOM <br>50 JUNO <br>1,000 STARS <br> 69 EVMOS <br> 100 OSMO <br> 100 KUJI <br> 250 TORI <br> 50 JKL <br> 500,000 Chihuahua <br> 600 Rebus <br> 400 Stride <br>**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.** <br> 
%[https://www.canva.com/design/DAFUMfEOuYM/view]

%[https://www.canva.com/design/DAFUMUJJP5k/view]




<hr>


## Validator Votes


%[https://www.canva.com/design/DAFUMRwsshg/view]