What is the DAO Difficulty Reduction Protocol, and how does it affect players?

The DAO Difficulty Reduction Protocol (DAO DRP) is a unique feature implemented by ₿Millions to enhance the chances of winning for players involved in closed jackpots. Here’s how it works and its impact on players:

1. Purpose of the DAO DRP

• Traditional lotteries often have incredibly low odds, sometimes as daunting as 1 in a billion. ₿Millions significantly improve these odds to approximately 1 in 3 million. However, even with these better odds, the nature of closed jackpots with a limited number of participants (11,111) might result in prolonged periods without a winner. The DAO DRP addresses this by allowing players to reduce these odds further, increasing the likelihood of winning.

2. Mechanism of Voting

• If a major jackpot has yet to be won within three months, the holders of the NFTs for that particular jackpot can vote on reducing the difficulty of winning the jackpot. This voting process enables NFT holders to decide whether to halve the difficulty, effectively doubling their chances of winning.

3. Frequency and Continuity of Voting

• Subsequent monthly votes will be held if the jackpot remains unclaimed after three months. Each vote gives NFT holders another chance to decide if they want to reduce the difficulty further, continually improving the odds of securing the jackpot as long as it remains unworn.

4. Impact on NFT Value

• This protocol also significantly impacts the aftermarket sales of the NFTs. As the game's difficulty decreases and the odds of winning improve, the perceived value of the NFTs associated with that round tends to increase. Potential buyers might see these NFTs as more valuable investments since the probability of winning increases.

The DAO Difficulty Reduction Protocol thus makes winning more accessible for players and adds an intriguing dynamic to the value of NFTs within the marketplace. This approach ensures that participants have a say in the game’s difficulty, making the lottery experience more interactive and potentially rewarding.