Patrick | Megapot pfp

Patrick | Megapot

@pl

762 Following
2409 Followers
Patrick | Megapot pfp
Patrick | Megapot
@pl
I'm so excited to launch Megapot V2 While I'm proud of all the improvements, I wanted to answer the # 1 question I get asked: "why are you building a gambling app when you can literally build anything else?" 🧵 https://warpcast.com/megapot/0x00f56db5
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Patrick | Megapot pfp
Patrick | Megapot
@pl
thank you for your support! excited to have on this adventure :) sweet! here's also an article on how to verify our jackpot is run in a provably fair manner - thought it might be of interest: https://docs.megapot.io/deep-dive/provably-fair
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Patrick | Megapot pfp
Patrick | Megapot
@pl
our site has to abide by gaming regulations however, our smart contract is permissionless, meaning any developers can build on it, as well as any users can play, view history, and withdraw winnings, outside of our control: https://docs.megapot.io/deep-dive/smart-contract
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Patrick | Megapot pfp
Patrick | Megapot
@pl
our site has to abide by gaming regulations however, our smart contract is permissionless, meaning any developers can build on it, as well as any users can play, view history, and withdraw winnings, outside of our control: https://docs.megapot.io/deep-dive/smart-contract
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Patrick | Megapot pfp
Patrick | Megapot
@pl
can i join and get feedback on megapot? we're "new builders" having launched 2 weeks ago
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Patrick | Megapot pfp
Patrick | Megapot
@pl
> be a high profile CT poster that tries farcaster > everyone gets a push notif to follow @azflin if you're a KOL considering moving to farcaster, this is next-level onboarding
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Patrick | Megapot pfp
Patrick | Megapot
@pl
lmk if anything comes up :) since this is fully onchain, we enable any site to add a jackpot: https://warpcast.com/megapot/0x40723b83 or any token to add a jackpot (could be cool for some glanker tokens!): https://warpcast.com/megapot/0xb22b1fee
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Patrick | Megapot pfp
Patrick | Megapot
@pl
will say it's not fully onchain yet. it's fully transparent, but there's still an external party, Pyth, providing randomness. we'd love to get to fully onchain randomness - there's some great work via @lottopgf and anyrand.com, VDFs, etc that we'd love to explore soon ;)
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kagami 🎩 pfp
kagami 🎩
@kagami
i think onchain randomness is one of the cooler parts of megapot and what @pl is building. having verifiably random events by using pyth entropy is how all lottery events should work.
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Patrick | Megapot pfp
Patrick | Megapot
@pl
happy to help! we'd love to bring it fully onchain. that's on the roadmap. there's some great work by @lottopgf and anyrand.com, but this was fastest to implement (we had no idea this would be such a hit!) thank you! appreciate your support. ultimately, the hardest part is GTM and going beyond crypto. the mechanisms give us something new to try but it'll be a fun next few years!
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Patrick | Megapot pfp
Patrick | Megapot
@pl
yes, this is an independent third party! what's awesome about crypto is others can build on you, without permission. same team that launched on us a day after: https://warpcast.com/pl/0x26df6e0a i haven't dug specifically into how their contract works. but ultimately, it's community built so carries some risk. for anything that goes on megapot . io, it needs extreme security and audits and a bunch of UX work, so adding this would take a while. we appreciate the community building what users want! we had a similar community-built tool called megapool.party back in the day that spun up a pool wallet per user to buy tickets for users, so i know it's doable!
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Patrick | Megapot pfp
Patrick | Megapot
@pl
auto-ticket buys is something we'd love to enable. we're focusing on allowing anyone to build it and focusing on other improvements check out this internal deployment that's going live soon: https://deploy-preview-36--gregarious-paprenjak-c1761d.netlify.app/contracts/megapot their site is https://btb.finance/contracts/megapot
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Patrick | Megapot pfp
Patrick | Megapot
@pl
in case anyone else is interested about how to claim winnings or how our randomness is generated great questions @suffuze.eth!
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Patrick | Megapot pfp
Patrick | Megapot
@pl
thank you! 1. non-LP winners need to claim the jackpot. there is no expiry date since those funds are set aside in the contract for the claimer. the frame (now mini app!) doesn't notify you, but we're working on adding push notifs soon 2. pretty confident! we use entropy - https://www.pyth.network/entropy which takes in a random number from us, and from them to generate a massive number. it's a `bytes32`, which returns anything from 0 to 115792089237316195423570985008687907853269984665640564039457584007913129639935. we run a modulo operation on the massive number above to determine a winner. technically, there always exist some modulo bias, but it's negligible given how large this number is: https://research.kudelskisecurity.com/2020/07/28/the-definitive-guide-to-modulo-bias-and-how-to-avoid-it/
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Miguelgarest pfp
Miguelgarest
@miguelgarest.eth
floating multiple mini minis
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Patrick | Megapot pfp
Patrick | Megapot
@pl
Most succinct way I've ever seen someone put it: "When should a token be launched? 1. A daily active behavior exists 2. Retention curve flattens 3. The app has at least one repeatable economic action worth taking a cut on"
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Patrick | Megapot pfp
Patrick | Megapot
@pl
you have 200k+ followers on farcaster of all people, you have no excuse not to ship something and post about it
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Patrick | Megapot pfp
Patrick | Megapot
@pl
Wanted to clarify: - The Megapot app at megapot . io or the frame above, abides by relevant gaming regulation, with more restrictive country-level restrictions than most DeFi apps - The Megapot protocol is permissionless like DeFi protocols Learn more here: https://docs.megapot.io/deep-dive/smart-contract
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Patrick | Megapot pfp
Patrick | Megapot
@pl
ty for the tag!
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Patrick | Megapot pfp
Patrick | Megapot
@pl
yes, unfortunately. we abide by gaming regulations, not just crypto regulations
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