# Gelotto Newsletter 16NOV2022


<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> **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>
![dragon poker.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1668478388547/KxzGTePwG.png align="left")
![weekend buy in.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1668478414432/nxd9d-VSc.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>

- > <h3>**GLTO and GKEY tokens are listed on [Coinhall](https://coinhall.org/)**</h3> **We have reached out to Coinhall to verify these tokens.  Please check that the contract address is correct before buying or selling**<br> **GLTO Contract address: **juno1j0a9ymgngasfn3l5me8qpd53l5zlm9wurfdk7r65s5mg6tkxal3qpgf5se <br> **GKEY Contract address:** juno1gz8cf86zr4vw9cjcyyv432vgdaecvr9n254d3uwwkx9rermekddsxzageh

- > <h3>**New Gelotto Validators means more chances to get free Gkey**</h3> Gkey will be used to open Grand Prize chests worth a minimum of $55,000 USD! <br>[See List of Validators and Gkey information](#heading-delegate-with-gelotto-validators)










<hr>

## Gelotto Shoppe NFT Update

%[https://www.canva.com/design/DAFR-oYn4tY/view]

- > **646 out of 1000 minted**
- > **Floor price is around 1,000 STARS**
- > **Why own a [Gelotto Shoppe](https://gelotto.io/nft/shoppe) NFT?** 
[![Gelotto NFTs #006.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1667363565472/0AJoe7u0k.png align="left")](https://blog.gelotto.io/gelotto-shoppe-nft-benefits) <em>Click image to view article</em>
- > [**NFT rewards will be available to claim (Q4/Q1)**](https://gelotto.io/nft/shoppe)



<hr>

## Dev Update

- > <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>

## 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 1000 GLTO per ticket. With a ticket cap of 10 tickets per wallet**</h4> [Click here to enter this Sunday's lotto ending November 20th](https://gelotto.io/games/lottery/juno1j7vuwgw6egk8lqw2zutruak00g4r06kue3tw7h2td2rx6953s43sg4fzku?boxColor=0f469996&speedDialButtonColor=008be463&bgImage=https://cdn.discordapp.com/attachments/1041098777370574888/1041549387723190352/blue_print_blue1_7offsettry.png)

- > <h4>**Congrats to last Sunday's Gelotto Lotto Winner who received 116,100 GLTO and Second place received 77,4000 GLTO.  Total Pot Prize was 215,000 GLTO (~$300.00)!**</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>




<hr>
## **Other News**

- >  Crypto prices still down due to FTX debacle even though US stock markets up and DXY down. BTC <17k with many analysts calling for an 11-14k bottom.

- > Several major financial institutions + the NY Fed launch a 12-week experimental digital dollar pilot. Conspiracy theorists fear the worst. Extreme optimists hope for crypto adoption.

- > Missile initially reported as Russian but subsequently reported as Ukrainian lands in Poland, killing 2. Possible escalation of war may add to market volatility.




<hr>
# **Weekly Shout Out**


- > %[https://www.canva.com/design/DAFR-kD8rBM/view]








<hr>
## Delegate With Gelotto Validators


- > %[https://www.canva.com/design/DAFR-h_EnNQ/view]

- > <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>**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/DAFSFDbUVTQ/view]

%[https://www.canva.com/design/DAFR-nhdEp8/view]




<hr>


## Validator Votes


%[https://www.canva.com/design/DAFR-rqtIpM/view]