Lotto

Lotto is a decentralized lottery platform inspired by Otto DAO, designed for communities to create lotteries that drive social impact. It uses Verifiable Random Function (VRF) for fair and transparent draws, Automation for smooth operations, and Cross-Chain Interoperability Protocol (CCIP) to connect multiple blockchain networks. With Coinbase Passkey Login for secure and simple onboarding and Account Abstraction to cover gas fees, Lotto ensures accessibility for all users. A portion of every lottery fund supports public goods and initiatives backed by Nouns DAO, adding a meaningful purpose to every ticket.

Key Features

• Community Impact: Users create lotteries where funds are split between prizes and initiatives supported by Nouns DAO.
• Fair Draws: VRF guarantees tamper-proof and verifiable randomness in winner selection.
• Automation: Processes like ticket sales and prize distribution are fully automated.
• Cross-Chain Access: CCIP allows participation from different blockchain ecosystems. User-Friendly Design: Coinbase Passkey Login simplifies onboarding, and Account Abstraction removes gas fee concerns.

Core Technologies

• Smart Contracts (Solidity): The backbone of Lotto is built using Solidity, ensuring transparent and secure management of lotteries. Smart contracts handle ticket sales, prize pool allocations, winner selection, and fund distribution.

• Verifiable Random Function (VRF): Implemented using Chainlink VRF for provably fair and tamper-proof winner selection. This ensures that all participants trust the integrity of each draw.

• Automation (Chainlink automation): Chainlink handle automation tasks such as triggering lottery draws, fund disbursements, and resetting pools for new rounds. This removes the need for manual intervention and ensures smooth operation.

• Cross-Chain Interoperability Protocol (CCIP): CCIP enables cross-chain compatibility, allowing participants from multiple blockchain ecosystems to join Lotto. This broadens accessibility and creates a truly inclusive platform.

• Authentication (Coinbase Passkey Login): Lotto uses Coinbase Passkey Login for a seamless and secure user onboarding experience. This eliminates the need for users to manage private keys, making the platform accessible to both crypto veterans and newcomers.

• Account Abstraction CDP Gas fees are sponsored using Account Abstraction, ensuring a frictionless experience for users.

Participants can focus on the lottery without worrying about transaction costs. Support for Public Goods (Nouns DAO): All funded initiatives are backed by Nouns DAO, ensuring that each lottery contributes to impactful, innovative projects. This integration brings legitimacy and purpose to the platform.