Overview

FanBet is a dApp games service that combines decentralized lottery, fantasy football, farming, and NFT trading in one seamless experience on Algorand. The GitBook docs will be short and precise, since we value your time. FanBet is a gaming platform on Algorand that consistently offers high and instant rewards. The GitBook will be updated as we release new products. For now it will contain information about our first product, the FanBet Lottery. How it works:

• A fully automated and recurring lottery dApp that gives users a huge jackpot every 24h on-chain

• The draw uses data from the randomness beacon to generate unique numbers via a randomness beacon. The draw is random and verifiable on chain.

• The lottery automatically initiates every 24 hours, and jackpots are paid out immediately. Participants can buy as many tickets as they want.

• Prizes are distributed based on the number of matching numbers per ticket. If no matches occur, no prizes will be distributed, and the prize pool will roll over to the next cycle.

• Tickets are bought with whitelisted tokens and more can be added at any time. This means that we can partner with different projects and their tokens can be used to buy tickets.