WL Token ($WLT) is launched to grow the community and support a transition to a DAO structure.
We've committed to developing transparent games and sharing the value growth of Randseed with every user. Our "fair launch" approach establishes an equitable governance framework for the operation team, private investors, and community owners.
WLT Allocation
A critical component of $WLT tokenomics is its aggressive deflationary mechanism. Randseed has implemented a "Buyback" program where a portion of the revenue and incremental assets generated from its core services are used to buy back $WLT from the open market.
Private Valuation: $6million, backed by Blossom Fund
User: 4,513
Accumulated Wagers: $40,086
Accumulated Game Payout Rate: 90.66%
Quarterly Players: 326
Token Buyback: $6,570
We believe fund transparency is a cornerstone of our community-owned
platform. Below are the public addresses for our treasury funds.
SOL (Solana)
- Jackpot:
- Game Liquidity:
- WLT Holding:
ICP (Internet Computer)
- Deposit/Payout:
a3ed75b90f96eaefd6fcb4555ea414204bf1be02398b51bfc0b4a1843aca1867
- Payout-Only:
e194dc829790f0913d9e08c7b0563e0631f346009594d3ecf7219a3d96f495ee
a902b1b996848e60f4af3286ba10d2c04b47bb488a5e496ab9880d52a8b12db7
- Staking Pool:
83b71bb1a13d05af4a2516cfd6554bcf11ef40dd7b124006841f650a886c2b0f
- NNS Asset:
83b71bb1a13d05af4a2516cfd6554bcf11ef40dd7b124006841f650a886c2b0f
Decentralized Blockchain iGames:
Randseed is building the first decentralized, 100% blockchain-based iGames. Our mission is to provide globally accessible and the most player-centric, original iGames and lotteries. We aim to payout 100% of ticket revenue of Instant Win and Draw Games to players on an annual basis.
Enhanced Transparency and Trust: Blockchain's immutable ledger ensures that all transactions, from ticket purchases to draws, are recorded transparently and cannot be altered. Blockchain's decentralized nature makes it resistant to hacking and fraud. Smart contracts can automate various payment functions, reducing the risk of human error or manipulation.
DeFi Integration with Jackpots: Randseed introduces staking into game jackpot, So that players can contribute to the jackpot while earning yields and support growth of the jackpot.
Low Cost Operation: Ensuring a minimum 90% return-to-player rate (actual rate not theoretical rate), maximizing player value. Should this 10% generate a profit, it will be transparently distributed to crypto token holders via smart contract.
DAO: After the token is launched, we are reforming the project to a decentralized autonomous organization, to govern the future of the platform. Token holders will have the power to: 1) Share 100% of the profits. 2) Submit and Vote on Proposals: Directly influence the direction of the platform, including game development and treasury management, ensuring it remains a public good, owned and operated by its community.
Game Offerings
Randseed currently offers three original game types: Instant Win Games such as slots, scratch-offs, Peer to Peer Poker Games such as Black Jack, 3 Card Poker and Draw Games such as Daily 4 and Bingo. We plan to expand our offerings to include additional self-branded, multi-chain and Game-as-a-Service (GaaS) for third parties.
Focused User Experience: Crafting Diverse Game Types and Engaging Experiences. This means meticulously designing a wide array of game types, each offering unique challenges, mechanics, and rewards. We believe that variety is key to sustained engagement, and by continually introducing fresh content and innovative gameplay, we can cater to a broad spectrum of player preferences.
Fair and Transparent Business Model: Randseed stands apart from traditional blockchain game platforms by offering a fundamentally different proposition. Unlike casino games, which rely on a 'house edge' model with statistically skewed odds favoring the casino for long-term profit, our game is designed for maximum fairness. Our 100% blockchain foundation ensures clearly defined odds, a provably random draw process, and transparent transactions and funding flows on public ledgers, guaranteeing no hidden advantage for the operator.
Market Opportunity
A Vast Untapped Potential in Blockchain Lottery: The global lottery market is a $342 billion giant (2023), yet online penetration remains remarkably low at only approx. 4.5% ($15.14 billion in online revenue). This underpenetrated online segment is experiencing rapid growth, with a 7% YoY increase compared to the overall lottery market's 4.1%. This surge, driven largely by younger demographics, signals a unique opportunity for blockchain lottery platforms. By addressing the limitations of traditional and online lotteries through enhanced security, transparency, and global accessibility, World Lottery is strategically positioned to capture substantial market share and meet the growing demand for innovative online lottery experiences.
A Generational Shift Towards Online: The online lottery segment is not only underpenetrated but also experiencing accelerated growth, particularly among younger demographics. While the total lottery market grew at a year-over-year (YoY) rate of 4.1% in 2023, online lottery revenue surged by an impressive 7% YoY. This disparity in growth rates underscores a clear generational shift towards online platforms for lottery participation. Younger players are increasingly drawn to the convenience, accessibility, and innovative features offered by online options.
Competitive Landscape
Issues of existing Online Blockchain Gambling Platforms, Blockchain Lottery Platform, Prediction Platform present significant opportunities for new entrants in the market, particularly those focusing on a transparent and engaging iGaming and Lottery model, which can provide a more streamlined, user-friendly experience.
Online Blockchain iGaming Platforms: Provide a mix of online games, including traditional casino offerings such as slots and table games, alongside lottery options. One notable challenge for these platforms is the lack of transparency. Majority games (typically more than a hundred games) they offer are third party licensed games that are not blockchain native which means these games do not use provable on-chain randomness and can not be traced game income and payout on-chain. Many of these platforms have received substantial negative feedback, particularly concerning their non-transparent gambling experiences. Common complaints include:
- A general lack of transparency in operations
- Lengthy and complicated withdrawal processes
- Ambiguous terms of service (ToS)
- Invasive Know Your Customer (KYC) requirements
- Questionable standard operating procedures (SOPs)
Blockchain Lottery Platforms: Exclusively focus on lottery offerings, devoid of gambling elements. This specialization allows them to cater specifically to lottery enthusiasts. Some notable features that differentiate these platforms include:
- Risk-Free Investment Models: Some platforms such as PoolTogether allow users to withdraw initial deposits anytime. Transforms the lottery from a pure bet into an experience with a safety net.
- Token-Based Jackpots: Prizes are in the platform's native cryptocurrency or other digital assets. Facilitates dynamic jackpot growth, potentially increasing faster than traditional lotteries.
- Monotonous Game Experiences: Many platforms offer only basic lottery mechanics, lacking diverse modes or engaging interfaces. Leads to player fatigue and declining interest.
- Unsustainable Tokenomics: Inflationary token supplies or over-reliance on new user acquisition can lead to a decline in the platform's native token value, eroding jackpot value and discouraging participation.
Prediction Market Platforms: Facilitate prediction markets, where users can place bets on the outcomes of future events. Companies like Polymarket exemplify this model, allowing users to trade on event outcomes, which can include political elections, sports results, and other major happenings. Key characteristics of this group include:
- Market-Driven Predictions: Users engage in a form of gambling where they can predict outcomes, creating a dynamic market that reflects collective beliefs about future events.
- Decentralization and Transparency: Many prediction market platforms leverage blockchain technology to ensure transparency in operations and the integrity of transactions.
Tokenomics
The WL token ($WLT) possesses a multifaceted tokenomics structure designed to reward holders and execute community governance. After becoming a standard SPL (Solana Program Library) token on the open market, $WLT is deeply correlated with the platform’s revenue and assets yields.
Supply and Distribution:
The $WLT token had a maximum supply of 1 billion tokens. A key aspect of its launch was the "fair launch" approach, where tokens were launched at $0 on Memecoin platform, aiming to bootstrap community growth and reward early adopters.
Core Utility and Demand Drivers
- Stake and Play: Holders of $WLT, can stake to earn a share of the platform's revenue, which is distributed in gaming coins (fixed conversion rate to stable coins).
- Platform Governance: $WLT holders can participate in governance proposals through votes.
Deflationary Mechanism: The Buyback Program
A critical component of $WLT tokenomics is its aggressive deflationary mechanism. Randseed has implemented a “Buyback” program where a portion of the revenue and incremental assets generated from its core services are used to buy back $WLT from the open market.
The funds contributing to the buyback include:
- Profit: up to 100% of platform profit depending on the market cap of $WLT
- Assets: Up to 5% of new assets, which do not include staking and yields that are paid to stakers. This percentage is calculated on the total assets in the platform's fund pool (e.g., Jackpot reserve and game coins) that exceed the previous high water mark.
1. How does WL ensure fairness in the game?
WL ensures fairness by leveraging on-chain provable randomness (open-sourced). This means that the entire gaming process is automated and based on true randomness, determined by advanced mathematical and cryptographic algorithms. Winners are selected without any human intervention or bias, ensuring every player has an equal chance to win. Additionally, key details such as the batch number, win rate, and payout rate are fully disclosed on the Payout page for complete transparency.
2. How does WL maintain transparency and privacy?
WL combines transparency with privacy in an innovative way. Every transaction, whether it's the purchase of game tokens or the distribution of winnings, is recorded on the blockchain, making it publicly accessible and verifiable. At the same time, each player remains completely anonymous, ensuring that your personal information and participation in the game are kept confidential.
3. What payment methods do you support?
We currently offer WLT and USDC deposit and withdrawal on Solana through any crypto exchange or wallet. We are integrating more stablecoins and tokens on multi-chains to give our players more deposit choices. Integrate your token
4. Why am I charged a transaction fee when sending tokens?
Token transfers are processed by smart contract which incurs a mandatory fee. The fees for ICP is 0.0001.
5. How quickly can I play and see the results?
WL offers instant play and win capabilities thanks to the speed of the blockchain. After you click PLAY, your ticket number is generated in seconds, and the results are displayed immediately on the same screen. No waiting—just instant excitement!
6. What percentage of the ticket revenue is paid out to winners?
WL is committed to providing high payouts to its players. We guarantee that at least 90% of the ticket revenue from each batch is paid out to winners. This generous payout rate ensures that more of the money goes back to you, the players.
7. How can I deposit and withdraw my winnings?
When a user signs up, a deposit account is automatically created. To deposit funds, navigate to the MONEY tab and the deposit section, then transfer your chosen cryptocurrency to the address generated by WL. If you win, you can withdraw your earnings at any time by going back to the MONEY tab and following the instructions under the Withdraw section. Your complete transaction history is available on the RECORD page, ensuring full transparency.
1. Random Algorithm
The game generates a unique, random draw number for each play. This number is created using a secure, consistent, unpredictable, and provable algorithm rooted in the Internet Computer (IC) chain's random mechanism.
The ticket number generation process utilizes the following double-blind steps:
- Seed Generation: The system initiates a new game batch, poker game, or ball draw by producing a private, random 32-byte seed from the blockchain.
- Win Number Generation: This seed is then used by the system to generate a series of numbers within the specified range.
- Player Random Draw: Each player's draw action queries a new on-chain random seed. This seed is used to generate a draw ticket or results based on the game mechanism. Each user receives a different seed, guaranteeing that every play yields a unique ticket number or card.
2. Easy Provable Randomness
To achieve this, we will open-source our oracle services and game winning algorithm. This initiative aims to provide verifiable and immutable records of draw results, ensuring fairness and preventing any manipulation. By making these core components publicly accessible and auditable, we empower players and the wider community to independently verify the integrity of our systems, thereby building a more equitable and trustworthy gaming experience.
3. Draw Test Results (4 batches of 1,000 draws each):
1. Consistent Win Rate 
2. Comparison of 4 Batches: 
Batch 1 Details: 
4. The payout results speak for themselves over 16,358 ticket sales in 25 batches.
- Payout: 92.57% Actual vs 92.68% Set
- Win Rate: 43.23% Actual vs 43.00% Set
