June Community Update
Despite volatile markets and a catastrophic DeFi environment, Ridotto continues to ship in both spreading brand awareness and in furthering technical development.
Marketing: With the release of Ridotto’s NFT farming, came a giant marketing push. From working with youtube channels like Crypto Banter, Joe Parys, and My Financial Friend to running a native ad campaign on several crypto platforms, garnering over 350,000 impressions, the marketing team resolutely evangelized advancements of the project — even in the most challenging of market conditions.
NFT PFPs: On the design side, Ridotto recently completed a co-creative design workshop with community members to assess their responses to Ridotto’s upcoming PFP NFT set. Welcome news to the team, feedback was incredibly positive; so the project will march forward. We are excited to reveal them to the public when the time arrives.
PancakeSwap Slot Machine: Looking to the present, next week Ridotto will kick off an incredibly unique and community centered grassroots campaign to create a PancakeSwap official Slot Machine.
The goal is to rally both Ridotto’s community and PancakeSwap’s to landslide a vote to affirm the creation of a Ridotto made, $CAKE burning, PancakeSwap themed slot machine. For both projects, the upside is obvious: PancakeSwap gets to enjoy an innovative, engaging new token utility that simultaneously burns token supply as well as adds a new profit mechanism through slot machine bankrolling and Ridotto gains visibility through partnering with BSC’s most well established DeFi hub. $CAKE community members can bankroll the slot machine and enjoy the unparalleled upside of the house’s edge.
NFT Farming: Everyone reading this is well aware of NFT Farming’s launch, but did you know that zero backend bugs and zero security compromises were reported? Even more impressive, over ten million tokens were staked, which is equivalent to 8.2% of circulating tokens being locked up. Both facts are a testament to the demand for decentralized casino ownership as well as to the security procedures of the development team.
DAO Governance & native Staking : Having finalized the smart contracts for token based DAO governance and native LP/SAS, the tech team has submitted them for audit with Ridotto’s new partner Solidproof. Once audits are completed and additional security tests finalized, both will be ready to be shared with the community.
Ownership NFTs — BSC Marketplace Integration: The team is finalizing testing with a prominent BSC marketplace so that community members can buy and sell Ownership NFTs on a secondary market. Updates will be released when our partner marketplace is ready.
Frontend Development: An entire catalog of new features will soon be added to the Ridotto Webapp once the frontend code is completed, tested, and audited. They include:
Scrum Framework: Continuing to hone the development process, the technical team has recently implemented a SCRUM framework, designed for agility, for a maximally efficient code release cycle of 3 weeks. Evolving as we work together, the team is only getting more efficient as the market possibly slows down, not less.
Crypto gambling is a billion dollar industry — however, until now, beyond skirting regulation with non-fiat assets, crypto gambling hasn’t innovated beyond Web2 online gambling. It isn’t decentralized!
Ridotto is a multi-chain and decentralized lottery and gambling protocol that introduces permissionless casino ownership and open source bankrolling of slot machines, lotteries, table games, bingo, sports betting, and so much more.
Our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous passive income. Now, YOU are “The House.”