The Gelotto Token (GLTO) – A Brief Summary

What is the Gelotto Token (GLTO)?

• GLTO is the native token for the Gelotto platform, which hosts cryptocurrency lottery games (launching September 2022), with future plans to expand to include other games of chance. (Link: Gelotto Whitepaper)

Token Address

juno1j0a9ymgngasfn3l5me8qpd53l5zlm9wurfdk7r65s5mg6tkxal3qpgf5se

Tokenomics

• Max Supply: 420,690,000
• 60% distributed via airdrop to holders of ATOM, JUNO, OSMO, SCRT, STARS, and NETA
• 15% distributed as incentives to liquidity providers
• 15% distributed as incentives on the Gelotto platform and through community events
• 10% distributed to developers, vesting over 36 months

How to acquire GLTO

• Osmosis DEX: Pool #778 -osmosis.zone
• Junoswap DEX: JunoSwap — Pool JUNO/GLTO
• Provide liquidity on Osmosis DEX or Junoswap DEX and receive GLTO incentives
• Participate in Gelotto events
• “Staking as the house” and staking with Gelotto DAO (coming soon – Link: Gelotto Year 1 Roadmap)

Uses for GLTO

• Play games of chance on the Gelotto platform using GLTO to purchase tickets or place bets
• Hold a selected amount of GLTO (currently 10,000) to receive monthly airdrops of Gelotto Keys (GKEY), Gelotto’s rare secondary asset used in its annual Grand Prize game (Link: Gelotto Grand Prize Game)
• Provide GLTO as liquidity in GLTO liquidity pools to receive incentives
• Stake GLTO “as the house” or with Gelotto DAO (both coming soon) to receive incentives
• Buy, sell, and trade GLTO using GLTO liquidity pools, and possibly other means
• Spend or burn a small amount of GLTO to create a game having custom parameters (pending testing)
• Purchase Gelotto assets or merchandise (future expansion)

Pricing Information

• DexScreener: GLTO/OSMO on Osmosis - DEX Screener
• CosmosPug: Gelotto chart – CosmosPug
• Osmosis DEX: GLTO - Osmosis Info
• JunoSwap DEX: GLTO | JunoSwap
• CoinGecko: Coming soon