# Gelotto Newsletter 24NOV2022


<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)

- [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>**Gelotto to become an IBC Validator hub**</h3> <h4>Gelotto continues to spin up validators, not only to generate income for prize pools and the Grand Prize game one year from the platform launch date, but to support the IBC networks</h4><h4> Currently validating on the following chains</h4> 
%[https://www.canva.com/design/DAFSt-dcAdY/view] 
<h3>**Newest Gelotto Validators on [REBUS](https://explorer.brocha.in/rebus/staking/rebusvaloper1j7fgj7v9nqjg6wfda9paldcxezd8yv4q37z5fl) and [STRIDE](https://explorer.stride.zone/stride/staking/stridevaloper1j7fgj7v9nqjg6wfda9paldcxezd8yv4q7ae7sr)**

- > <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 chests worth a minimum of $55,000 USD! <br>[See List of Validators and Gkey information](#heading-delegate-with-gelotto-validators)

- > <h3>**New Gelotto NFTs Collections coming soon. **</h3> <h4> 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!
<h4> Gelotto Monster or "Mostro del Gelotto" will be fun but will still have use cases and rewards. One of the use cases will be custom avatars in Gelotto's v2 gaming platform. More alpha on this soon. Amazing art by Skrilla and Cydia!</h4>












<hr>

## Gelotto Shoppe NFT Update

%[https://www.canva.com/design/DAFSt5NF4ho/view]

- > **646 out of 1000 minted**
- > **Floor price is around 2,000 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><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!**

## 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 2500 GLTO per ticket. With a ticket cap of 4 tickets per wallet**</h4> [Click here to enter this Sunday's lotto ending November 27th](https://gelotto.io/games/lottery/juno1uw2e8ykx30ed6qf7qnzyl5xypshdut2faungwqme5q06v3f7d47szstfpc?boxColor=ff00cf8c&speedDialButtonColor=ff8a0096&bgImage=https://cdn.discordapp.com/attachments/1041098777370574888/1044092888537104444/Skrilla__Gelotto_colorful_Ice_cream_scoops_atmospheric_rich_col_72d0c688-363a-474a-ad52-acbdc7247a2d.png)

- > <h4>**Congrats to last Sunday's Gelotto Lotto Winners!  There were 13 total winners who received 14,676 GLTO each.  Total Pot Prize was 212,000 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>

- > <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>

![vipweekly.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1669272169419/3Y5ApUpWP.png align="left")
![weekend poker.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1669272239847/Knjzs6Jvn.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>





<hr>
# **Weekly Shout Out**


- > %[https://www.canva.com/design/DAFSt-ZBsaA/view]








<hr>
## Delegate With Gelotto Validators




- > <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/DAFSufrEHiE/view]

%[https://www.canva.com/design/DAFSvf-Hn64/view]




<hr>


## Validator Votes


%[https://www.canva.com/design/DAFSvWWguq8/view]