DAOlottery Update and Promo

ICONbet Community P-Rep
2 min readAug 12, 2020

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Hey All!

You may have noticed some additional text under the standard JACKPOT amount:

This is the long awaited update for DAOlottery, finally! What this means is that the main JACKPOT will always go up from here on out until some lucky SOB wins it!

What does this mean for the small prizes? This means that they only grow from 10% of the tickets of EACH day, not every day now. So they are NOT refilled from the Total Pot at the beginning of a new day. Each day they pay out the winners they will have to get refilled from the next day’s ticket purchases. This will ultimately lead to smaller payouts for the small prizes, but that’s not the point of the lottery! The lottery is and always was supposed to be about winning the Jackpot!

Same Promo New Day

We are going to host the 5 ICX reimbursement promotion again to get players back to the lottery and buying tickets. The same rules apply so don’t come to us after and say “I didn’t know the rules!”

Rules of the promotion:

  1. Follow ICONbet on twitter: https://twitter.com/ICONbetofficial
  2. Follow ICONbet P-Rep on twitter: https://twitter.com/IconbetP
  3. Buy a minimum of 1 ticket for DAOlottery: https://iconbet.io/daolottery
  4. That’s it!

At the END of the promotion you will be reimbursed for 1 lottery ticket every day. That’s a MAXIMUM of 5 ICX for each day you bought a lottery ticket. The promotion will end when ALL of the reimbursement spots have been claimed.

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ONLY ONE 5 ICX REIMBURSEMENT PER HOUSEHOLD (IPADDRESS) PER DAY. NO MULTIPLE FAMILY MEMBERS.

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Sorry but this is the only way we can eliminate cheating the system.

There is a total of 3,000 ICX available for this promotion. That means a total of 600 tickets.

All it takes is one ticket to potentially win 29,000+ ICX or more than $12,000!!!!

The promotion started at 00:00 UTC on 8/12/2020 so if you’ve already purchased a ticket today then you are already accounted for!

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ICONbet Community P-Rep
ICONbet Community P-Rep

Written by ICONbet Community P-Rep

This is the Medium account for the ICONbet Community P-Rep node for the ICON network. We will be posting articles and monthly financial reports here.

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