Saturday, 29 January: Deposits have started for the fifth lottery drawing! Read below and see Reddit announcement
A lottery for community members, run by a community member
The DeFiChain Community Lottery is committed to bringing truly random and fair drawings with transparency, while keeping a high return-to-player (RTP) of 95% and returning 100% to the community.
Unlike traditional methods of using pre-generated hashes for provably-fair results, which can be discovered, the lottery will use five different factors to create the drawing results, making it nearly impossible to manipulate the lottery.
DeFiChain needs a lottery that can be trusted. Every aspect of the lottery will be made available for DeFiChain to inspect. The lottery will not operate opaquely.
In the U.S., state lotteries pay back just 61.7% on average (source) to the player. And for ticket sales in the U.K. for the Euromillions, just half is given back to players (source). In contrast, the DeFiChain Community Lottery will give back 95% of the ticket sales back to players and the community will vote on where the other 5% goes (towards burning, charity, etc.)
To participate in the lottery, players only need to send DFI in units of 0.1 to the lottery address for that week's drawing. If they are the winner, the prize will simply be sent back to the winner's wallet address. No sign-ups or KYC checks needed. If they ever are needed to comply with the laws, the DeFiChain Community Lottery will make sure to let players know weeks in advance.
-- Updated Weekly --
This week's drawing (Drawing 5) wallet address: df1qfj7rkc4gukkgsvyrrjam4sqqp8jgfawd9dyhya
Here is the Reddit announcement.
A couple of reminders:
Deposits begin at 00:05 (UTC) on Saturday, 29 January 2022 and will end at 21:05 (UTC) on Friday, 04 February 2022. The drawing will be at 00:05 on Saturday, 05 January 2022. Data about the lottery is posted in the History page.
Deposits can be made in 0.1 DFI increments only. Deposits that do not follow this increment will be rounded down to the next lowest 0.1 DFI amount, and the remainder will be burned.
I'd also like you to continue filling out this survey so I can improve the lottery: https://forms.gle/ozUU6GqCSHvL7YGQ9
It contains questions about the four values listed on the website, how long a drawing should last, etc. There are also options for what questions you would like me to include (it might have just been one I could not remember to include) and if you have any other feedback you would like to mention. None of the questions are required, except one asking you to indicate if you have played the lottery. I will analyze and carefully consider the results, posting both my responses and what I will do and the results next week.
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Read this Reddit announcement for information on Drawing 4's winner.
7.5050/8.9005 DFI was sent to the winner (transaction hash: 6354dd248b121da61f4de40c569405e03ccd8204d655f397e764c23006f986d8) and 1.3955/8.9005 DFI was sent to the burn address (transaction hash: 5273a0bd596035f5fee278b350393fe7de7709d7e80464e020c986cbd6dc9f3f)
0.10005000 DFI was sent from my personal wallet address, df1q5g2hwrr3zgfnw8ajajw8fmda9tcqgvnfrmxn2l (hash: dd73de015eb4c519c80696e5a5e75f2a28ac4a503e169f8bf9e84c09189936ee), guaranteeing that exactly this amount was sent to the burn address and to the winner.
If you need help with gambling problems, please call the following phone numbers:
Germany: 0800 0776611 / www.gluecksspielsucht.de/
United States: 1-800-522-4700 / www.ncpgambling.org/
More information can be found here, don't wait and don't be afraid to call and get help.
Thank you for playing and supporting the DeFiChain Community Lottery!