| gm Bankless Nation,
A billion people play the lottery every year, and the house always wins. In today's essay, David Hoffman makes the case for Megapot, an onchain lottery built on Base that finally lets you be the house. Join Bankless Premium to dive deeper,
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Sponsor: MegaETH — Crypto has new apps, finally.
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OPINION The World's First Global Lottery A billion people play the lottery every year. Half of American adults buy a ticket annually. Eighty percent of UK adults do the same. It's the most universally played game on the planet - and yet, despite the fact that the internet reshaped virtually every other industry on Earth, lotteries have barely changed in fifty years. That’s the motivating force behind Megapot - a startup building a lottery at internet scale. I think Megapot is pretty cool, and the vision behind Megapot has a lot of microcosms of so many reasons why Ethereum is cool: disintermediation, democratization, and coordination, all made possible via smart contracts. Patrick Lung, Megapot Founder, understands the potential scale of what he’s building, while also simply being an all-around nice dude with a sharp sense of what it takes to find product market fit. So, naturally... 📍 Disclosure: Bankless Ventures is an investor in Megapot. FRIEND & SPONSOR: MEGAETH We're past "in it for the tech" or "in it for the money." MegaETH is bringing you products worth using, powered by USDM. . . . WHAT YOU MISSED The Ethereum Economic Zone 📈 The Asset🏛️ The Protocol📱 The Apps🤫 The Privacy Stack🐸 The Culture💽 The Tech . . . WEEKLY ROLLUP Google's Quantum Warning Google dropped a quantum warning aimed squarely at crypto, so Ryan and David dug into what it actually means for Bitcoin and Ethereum. They also cover Trump's Iran speech, what 3 more weeks of conflict could mean for markets and crypto, the lessons of the $285M Drift hack on Solana, Aave V4 going live, the Ethereum Economic Zone, and more. Tune into this week’s Rollup to catch it all! 👇 |
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