Conclusion

Through the ILO approach, the distribution of Lottery DAO shares can be accomplished under a relatively fair mechanism, while allowing a sufficient amount of consensus to be forged.

  1. The ERC3525 protocol is the cornerstone of trust building, and the ERC3525 protocol guarantees the interests of shareholders.

  2. Random number generation based on an oracle machine ensures the fairness of the process.

  3. A two-stage voting procedure takes into account the wishes of the majority of players & shareholders.

This mechanism may not eliminate all problems, but it undoubtedly offers a strong incentive and a foundation of trust for all members to collectively perfect this community and constantly correct the direction of the community that is heading. Compared to conventional centralized lotteries, 3525 Lottery has a rather stronger foundation of trust, a great growth potential and most importantly a much more sustainable future.

Last updated