LOTTO is a new type of lottery token that automatically enters all holders into a lottery once per day at 2 PM EST. In one transaction, LOTTO performs a unique rebase that removes 1 token from all holders, pools those tokens together, and gives them to one random participant. No action is required from users besides holding LOTTO in your wallet.
This token will be an experiment of both technology and human nature. Our ultimate goal is to create the first 100% decentralized lottery token on Ethereum, and expand the limit of what’s capable with smart contracts, tokens, and blockchain as a whole. This will be the most entertaining token you have ever held.