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S3E5 - Asdf and Megapot - the new onchain lottery
Manage episode 430660677 series 3514661
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Summary
ASDF, the co-founder of Megapot, shares his journey into crypto, it's loooong - brace yourself - it took Asdf time at Amazon, Coinbase and startups, plus own failed bitcoin wallet project to land on the co-founder and idea to develop the onchain lottery platform.
We talke about the legality of the project, the mechanics of the lottery, and future plans for Megapot. Asdf also talks about early stage challenges of onboarding liquidity providers and players, as well as the importance of user experience and (hopefully soon) cross-chain execution. If you like lotteries or you'd like to earn higher APR % on your ETH, maybe you should check Megapot.
Takeaways
- The basic mechanics of Megapot game involves liquidity providers pre-purchasing tickets, and players then buying tickets to participate.
- Future plans for Megapot include adding more tokens, improving user experience, and incorporating cross-chain execution.
- Asdf invites you to try out Megapod for 0.001 ETH and provide feedback.
Chapters
00:00 Introduction and ASDF's Journey into Crypto
05:30 Transition from Wallet to Megapod
16:15 Overview of Megapod and its Appeal
20:34 Blockchain and User Experience
27:03 Future Plans for Megapod
33:25 Legal Considerations and Conclusion
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