internet token 🔵

$INT is a decentralised perpetual lottery and there are three integral parts to this:

• $INT
• $TKT
• $IFT

Let's explain each one.

🌐 $INT is the token of the protocol. This is used to govern the project via DAO votes and you can buy it too to make IFTs or receive TKTs.

🎫 TKTs are your entry into the lottery. For every $500 purchase of $INT, you receive 1 TKT. They are eligible for the draw in the week you got them in. After that, they are useless.

IFTs: this is the Infinity Collection, a collection of NFTs. 0-1999 are reserved for prize winners, with 100 being given out to that week's TKT holders for the first 5 weeks. Every 5 weeks the number of IFT prizes halves.

IFTs over the number 1999 can be minted by anyone in possession of 100k $INT.

For more speculative future uses of IFTs, see Kalcrypto1's substack: kalcrypto.substack.com/p/internet-tok…

With the draw tomorrow, here are the numbers so far:

💰 Winner's Prize: $62.53K
💸 $49.06K (14.73 ETH)
💸 $13.46K (269.16K INT)

💰 NFT Prizes: $500.19K (100 IFTs)
💸 100x $5K (1 IFT = 100K INT)

💵 Total Prize Pot: $562.72K

🔥 Burn: -$53.85K (-1.08M INT)
🗝 Treasury: +$12.27K (+3.68 ETH)

⏳ Draw Date: Friday 05 April 07:05:27 UTC

This thread is shamelessly stolen from the INT community run Tweeter account. I'm sure my friends won't mind and this content is needed to int-pill Warpcast community.
Small alpha: official INT account will be live on Warpcast very soon