The Game DAO

White Paper:

PT.1 Our LotteriesTheGameDAO offers a simple yet exciting cryptocurrency-based lottery experience. Completely tailored for community building and enhanced user engagement. The gateway to our platform is through our lotteries, which provide straightforward and rewarding opportunities to win.

Our Current Lotteries:

$5USDT Lottery on the Binance Chain
$1USDT Lottery on the Binance Chain
$1USDT Lottery on the Polygon Chain

How It Works:

Our lotteries are designed to maximize fairness and simplicity. Unlike traditional lotteries, we don’t use numbers that lower your chances of winning. Instead, your odds are calculated as follows:

nE / tE

nE = Number of your entries

tE = Total entries in the lottery

When you enter a lottery, the entry fee is added to the prize pool(Less 10% plattform fees):

Entry Fees:

$5USDT for the $5USDT Lottery on the Binance Chain
$1USDT for the $1USD Lottery on the Binance Chain
$1USDT for the $1USD Lottery on the Polygon Chain

Once the draw conditions are met, our smart contract executes the Draw and winner selection process automatically. A winner and runners-up are chosen, and the prize pool is distributed as follows:

70% - Jackpot winner
20% - Split evenly among up to 20 runners-up
5% - DAO treasury
5% - Staked NFT holders

Entering Is Easy: simply connect to our dApp and click “Enter Lottery” for your desired lottery. Everything is transparent and automated.

Draw Conditions:Each lottery will draw automatically once there are 30 or more entries before the time period expires. If there are fewer than 30 entries, they will roll over to the next period until the condition is met. All funds are securely held by the smart contract, ensuring that we never hold or control the draw funds.

Time Periods:

$1USDT Lottery on the Polygon Chain – Draws every 24 hours (When draw conditions above are met)
$5USDT Lottery on the Binance Chain – Draws every 7 days (When draw conditions above are met)
$1USDT Lottery on the Binance Chain – Draws every 24 hours (When draw conditions above are met)

PT.2 Our DAOOur DAO treasury is the heart of our community. It serves as a pool of resources funded through two primary sources:

5% of every prize pool
NFT sales

The treasury is designed to manage funds from lotteries and NFT sales, ensuring they are allocated to community-driven purposes.

How It Works:

The DAO treasury is accessible to anyone worldwide who holds our BNGX tokens. Token holders have the ability to raise proposals for community projects, which are then put to a community vote. Here are the key details:

A minimum of 10k BNGX tokens is required to raise a proposal.
There is no minimum token requirement to participate in voting.

Important Note:

The lotteries operate independently from the DAO. Lotteries are managed solely by Bullion Labs, while the DAO treasury is fully governed by the community.

Pt.3 Our StakingAs an additional funding source for our DAO treasury, Bullion Labs offers 7,000 NFTs for sale at 1 BNB each. Proceeds from these NFT sales are deposited into the DAO treasury, which is controlled by the community.In return for supporting the DAO treasury, staked NFT holders receive 5% of every prize pool as rewards. Rewards are distributed proportionally based on NFT ownership after every draw.

How NFT Rewards Work:

The total number of NFTs available is 10,000. If a user holds and stakes 1,000 NFTs, their reward calculation would be:

Reward Formula: (Number of NFTs x Total Rewards) / Total NFTs

Example: 1,000 NFTs = 10% of all rewards

Each wallet can mint up to a maximum of 1,000 NFTs. Rewards are claimed through our staking portal.

Staking Rules:

A minimum staking period of 21 days is required before users can unstake.
The contract automatically stakes all NFTs in the user's wallet to ensure accurate reward calculations.
Users who do not wish to stake certain NFTs can transfer them to a separate wallet before staking.
Rewards due to unstaked NFTs are deposited into the DAO treasury.

By participating, NFT holders support the growth of the DAO while earning rewards that reflect their commitment to the community.

NFTs are distributed as follows:

Bullion Labs will retain 1,000 NFTs

1,000 NFTs will be distributed among contributors

1,000 NFTs for airdrops and distribution among early game players

7,000 NFTs will be available to mint.

Governance Tokens are distributed as follows:

Governance tokens are required to vote or create proposals on either chain.

Max supply of BNGX: 0xbda161E60c7d48f7A2eE5a98402035dBb2DaF257 is 100,000,000. Lp has been burnt and Ownership renounced.

10,000,000 BNGX will be deposited to the DAO Treasuries.

10,000,000 BNGX will be witheld by Bullion Labs.Vesting till 2034. Vesting contract: 0x8f09c880ca21b23cf7504d0e9dff7b5d7f93817b (BNGX),

5,000,000 BNGX will be airdropped to early players and DAO members. Vesting till 2024. Vesting Contract: 0xd843758fc69130769e60715c3852951fe8bb5b61 (BNGX)

5,000,000 BNGX will be distributed to contributors. Vesting till 2025. Vesting contract: 0xcfef0d66f8b54ef74a7ee1ab1d2d3c7b2dd50bed (BNGX),

70,000,000 BNGX have been listed on Pancake Swap. LP tokens have been burned. Burn TX: 0xfa5c07c4e0af38bacb60b3139ca2c7ed6b6185cccb327ddd296650c4be3a0e8e (BNGX),

USDT Weekly Lotto Contract $5.00

Contract Address: 0x9D3078c6B2ec792507f7DBF882821C33e3b52323

USDT Daily Lotto Contract $1.00

Contract Address: 0xD3ECd30a85dc9eF71965a9e3787E180F4670ba4F

Polygon USDT Daily Lotto Contract $1.00

Contract Address: 0xf3027a124B56c9CaB4c8cD278e259524250210ff

DAO Contract

Contract Address: 0x65a4BeBA7eA7eE793e6E3C24157256ca842b0F03

Staking Contract

Contract Address: 0x0aa1794E1b733Ec4D82C883cb33f23D815DcfE85

ERC1155 Membership NFT Contract

Contract Address: 0x7CF4e5794087691637d421B6FD304112fB190dB6

BNGX Governance Token Contract

Contract Address: 0xbda161E60c7d48f7A2eE5a98402035dBb2DaF257

Lottery Contract (Archived)

Contract Address: 0xC1761B3C46A2870B169663546a46e794091854Fe

Lottery Contract (Archived)

Contract Address: 0xd946b5b67002756F19AE6Ba0Eb0EFE994B192823

Lottery Contract (Archived)

Contract Address: 0xD3ECd30a85dc9eF71965a9e3787E180F4670ba4F

Lottery Contract (Archived)

Contract Address: 0x6f273ac667FaF5eac3bd7D51ECB7eC386A44aF72

Lottery Contract (Archived)

Contract Address: 0xB800870b9F005BDf24dcf415C6DaeaA9a1C044c9

Lottery Contract (Archived)

Contract Address: 0x358DbF9775ff1E489d01959C7a255d28214AC984

Lottery Contract (Archived)

Contract Address: 0x41257abc890b4419e302DA60Bcb24d736210B4FB

Lottery Contract (Archived)

Contract Address: 0x4E9e93de65f5Daf77CE2a43CC338d3c357675027

Lottery Contract (Archived)

Contract Address: 0x6feE2816F88CAA18A061CE3Ca28e8898Ee23E59E

Lottery Contract (Archived)

Contract Address: 0xd946b5b67002756F19AE6Ba0Eb0EFE994B192823

Lottery Contract (Archived)

Contract Address: 0xf710C1bf6FB5a7a5CB5169dbc383AA9F48d27DC5

Lottery Contract (Archived)

Contract Address: 0xdB4553F393f43d6039Caf655686743DD57Fa3216

Lottery Contract (Archived)

Contract Address: 0xC63333Bea624a6D59f154E5f5e9063B7293D1320

Staking Contract(Archived)

Contract Address: 0xbda161E60c7d48f7A2eE5a98402035dBb2DaF257