edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out
To take part at the lounge lottery? no idea what is that..
And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?
On Etheroll for example you get dividents from the gambling game.
If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.
This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.
please correct me if i am wrong
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