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Buy one or more tickets. Every single ticket is a seperate oportunity to win the jackpot.
The ticket price will be adjusted after every lottery drawing. It will always be adjusted to ~1,00$ per ticket.
5% of the jackpot will be burned with every lottery drawing. Reduce the supply, boost the ecosystem.
Loopery is the lottery of the Loop Network. It ensures a fair and transparent reward system, distributing the jackpot as follows. HODL your crypto, but bet on your luck!
The ticket price will be adjusted after every drawing if neccessary or if the community wants to. For now the price is 50 LOOP (~1 USD).
We already load up the Jackpot with LOOP out of the development fund. This is to make sure, that the first buyer of a lottery ticket is already in profit. 5% of the Jackpot goes back to the development wallet to make these payments possible, use for server costs and further development.
For now we start with a lottery period of two weeks. The drawing will happen on Sunday. If the community wishes the drawing to happen in a shorter or larger time period we will change that.
Yes, we have a telegram channel where you can ask questions and discuss things. We will also publish our announcements there, so get in to stay up to date. Join here!
No! The lottery smart contract is on the LRC (Loop Network Mainnet), so there is no tax when you buy a ticket. But to reduce the LOOP supply and support the ecosystem we have a 5% burn on every drawing 🔥.
No. There are three winner. The first place will receive 75% of the jackpot. The second place will receive 10% and the third place will receive 5%. In addition we burn 5% and send 5% to the development fund.