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Megapot
Megapot
megapot.io

Locations

San Francisco, CA, USA · Remote

industry

Blockchain and Crypto

Size

1 - 10 employees

Stage

Seed

founded in

2024

Megapot is creating the world's largest jackpot, leveraging our team's experience from Uniswap and Lyft. We currently host a daily $370,000 jackpot in the rapidly growing $355 billion global lottery market, where 57% of Americans buy tickets annually. While lotteries are mostly offline due to regulations, Megapot utilizes blockchain technology for global compliance and online sales. Our innovative liquidity provider mechanism enables LPs to market make long-shot odds, earning fees from retail transactions. With our user-friendly kit, anyone can sell tickets, and third-party apps are already driving significant protocol volume. We believe our protocol is like Uniswap V1, and we're working on a robust V2 for the future.

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