Why We’re Doing This: Updating a Millenary Fundraising Mechanism for the Onchain Era.

Q. What do China's Hun dynasty, Caesar Augustus, and the United States' Founding Fathers have in common?

• They all used lotteries to help fund massive civic infrastructure and public goods projects.

In 2023, the global lottery market exceeded USD$280 billion - more than the entire music and gaming industries combined - and comparable with the GDP of Finland.

But mainstream lotteries tend to be regressive (they target poorer communities), and decision-making around how contributions are used is kept behind closed doors.

LottoPGF takes this highly-effective yet opaque, State-monopolised, capital formation mechanism and puts it in your hands so you can permissionlessly create collectively-governed lotteries that directly serve the communities you're a part of.

Figure 1. An example of what a LottoPGF lottery might work

Consider adding LottoPGF lotteries to your Public Goods Funding tech stack if you are looking for mechanisms that are:

✅ Non-coercive, incentive-based, and fun

✅ Collectively owned and governed

✅ Ethereum Values-Aligned

✅ Censorship-resistant

✅ Credibly neutral yet stewarded towards positive-sum use cases

✅ Cypherpunk af