If you\u2019re looking for an innovative NFT experience, The Doge Project wants to reunite the \u201cgood bois\u201d of the crypto and<\/span> NFT<\/span> markets. Since their motto is \u201cDo Only Good Every Day,\u201d this team\u2019s debut Decentralized Lottery allows NFT holders to win weekly prizes, donate to charity, and more.<\/span><\/p>\n Their limited-edition NFT tickets drop on April 29th, so let\u2019s learn about this exciting project ASAP!<\/span><\/p>\n In short, The Doge Project is a community-led NFT project aiming to honor its holders and give back to the world. In fact, the term \u201cDoge\u201d stands for \u201cDo Only Good Everyday\u201d \u2013 the core goal of the founding team.<\/span><\/p>\n The project\u2019s storyline begins when the Doge Kingdom sees the perils going on on earth. The crypto kingdoms are taking advantage of the people of Earth, and the mighty Winter Bear is terrorizing them. This exciting concept will be built into the project\u2019s future decentralized gaming. Further, it will be available via VR and in the metaverse once the Doge Project\u2019s future Decentralized Arcade is fully developed.<\/span><\/p>\n The first step, though? Launching a Decentralized Lottery. This new Web3 innovation will bring value to investors, engage users, and offer weekly chances at winning the jackpot. Can you imagine taking part in a lottery with a potential of $70K+ prize pool every week? That\u2019s what The Doge Project\u2019s Decentralized Lottery offers.<\/span><\/p>\n Of course, the project team wants to bring more value to its community. It will begin by\u00a0 releasing a FREE MINT to early adopters. This collection of 1,669 unique PFP NFTs called \u201cDecentra\u201d. The project features a time traveling character from the Doge Project\u2019s lore, who is sent from the future to ensure the Doge Project is successful in its mission. The journey continues with the project team\u2019s first paid collection called \u201cDoge is the New Gold\u201d. This consists of 6,969 NFT tokens. Additionally, each digital asset represents the number of users able to join the lottery. As an NFT holder you get exclusive access to the Decentralized Lottery, which they have dubbed the \u201cDeLot\u201d. Through this, you\u2019ll also get future airdrops, free mints, and access to the project\u2019s upcoming launches, including Metaverse properties and playable avatars!<\/span><\/p>\n \u00a0<\/p>\n Firstly, users have to mint an NFT token to gain access to the Decentralized Lottery application. The collection will drop on April 29th, and there will be three whitelist rarities as follows:<\/span><\/p>\n Getting in early gives you the best price, with prices increasing following each mint. Each week, the Doge Project will host a Decentralized Lottery where all 6,969 holders are able to participate. <\/span> Of the 15 $USDC that is used to purchase a ticket, 70% goes into the Jackpot prize pool. Another 20% goes to a charity pool, allocated with the NFT holders. Finally, 10% goes back to the Doge Project to further build and establish the future.\u00a0<\/span><\/p>\n Isn\u2019t it exciting?<\/span> This is just the beginning, as the project roadmap revealed many other amazing drops and a bright future!<\/span><\/p>\n According to their official website, The Doge Project will release two more NFT collections this year alone: House of Doge and House of Shiba (both Game of Thrones-themed, <\/span>bringing a fierceness to the project). These collections will each increase the exclusivity of the Decentralized lottery. It will do this by adding 6969 more potential entrants each week, and increasing the amount of tickets that can be bought each week. So, with each collection drop, the potential prize pool increases by around $70k! M<\/span>eanwhile, the team will also start developing their arcade and metaverse experiences for the community<\/span>, which promises to be exciting and bring incredible value.<\/span><\/p>\n In the long run, project founders also aim to acquire new projects and scale their own community-first innovations. To help the project further succeed they have hired an expert <\/span>NFT Marketing<\/span> team. This project is ambitious and willing to stay in this space for the foreseeable future.\u00a0<\/span><\/p>\n If you\u2019re ready to join The Doge Project and its growing community, make sure to follow the project via<\/span> Twitter<\/span><\/a> and join the<\/span> Discord server<\/span>. Meanwhile, prepare your digital wallet for the April 29th NFT drop on their website, and let the adventure begin! <\/span>Dont miss out on the early adopters price or the promised free mints!<\/span><\/p>\n \u00a0<\/p>\n Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n![\"digital](\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/doge-project-lottery.png.webp)
\n<\/picture>\n<\/noscript>What is the Doge Project?<\/b><\/span><\/h2>\n
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\n<\/picture>\n<\/noscript>How Does the NFT Lottery Work?<\/span><\/h2>\n
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<\/span>To clarify, weekly entry into the Decentralized Lottery costs 15 $USDC per ticket. Holders can buy as many as 10 tickets. Moreover, each ticket consists of a number between 1 and 6969.\u00a0 This is because the Doge Project team wanted to ensure that odds remain as transparent and favorable as possible, with only 6969 tickets available each week. <\/span>
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<\/span>When you buy a lottery ticket, you are given a randomly generated number. Doge Project partnered with Chainlinks and integrated Chainlink\u2019s Verifiable Random Function (VRF) and Chainlink\u2019s Keepers to allow the NFT holders to have access to a tamper-proof and auditable source of randomness when selecting winners. Therefore, unlike the traditional lottery IRL, this process gives everybody a fair shot at the grand prize. Further, it ensures trust, transparency, and reliability. So, if your number is drawn during the week\u2019s draw, then the jackpot prize is seamlessly and automatically transferred directly into your wallet. No muss, no fuss.\u00a0<\/span><\/p>\nWhat About the Project Roadmap?<\/span><\/h2>\n
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