Drip Drop Draw Launch
July 31 update – confirmed for 12pm EST.
July 28 update – the countdown timer was not for the launch, it was a countdown to announce the launch time. Launch is now August 1 at “noon” although no time zone was given. Usually they give their start times in Eastern time, we are assuming that is the case here.
July 27 update – a countdown timer has started, with the launch time of July 28 at 4pm Eastern time.
July 19 – no updates. Please note the team has changed mechanics of the protocol, in particular referrals, per our note below. Check with the chat for the most recent updates, as the whitepaper has not been updated with the changes.
July 18 update – no updates.
July 17 update – the most recent update, posted at 7:35pm UTC on July 17, said to “Stay tuned for the major announcement that will revolutionize the industry.” Consensus in the chat is that the “announcement” will be the announcement of the launch date and time / countdown to launch starting. We are moving this to July 19 as a placeholder, and awaiting further information.
July 16 update – the launch is now set for July 18.
June 6 update – The protocol was scheduled to launch on June 6, but on June 5 the community is saying they might launch June 6, or they might announce a future launch date. The team has announced a change in the referral system, and says they are updating that before launch. Check with their Telegram for the latest updates.
DETAILS
- Deposit or sacrifice DRIP, BUSD or BNB in the Faucet for tickets
- $1 = 1 ticket
- 20% bonus tickets are awarded for BUSD and BNB deposits
- 250% bonus tickets for sacrifice entries (vs. deposit)
- Sacrificed BUSD or BNB is used to buy DRIP, all sacrificed DRIP is burnt
- Six rounds of winners daily (every 4 hours), with payouts to:
- First prize – 20% of jackpot
- 4 runners up – 5% of jackpot
- Biggest depositor – 10% of jackpot
- Biggest sacrificer – 10% of jackpot
- Jackpot is comprised of:
- 14% of earnings from deposits
- 24% of earnings from sacrifices
- 10% from the previous round, rolled over
- 1% dev fee
- 5% referral commission paid in lottery tickets
- Winning wallets must have an active drip account to be eligible for lottery rewards