Legal Disclaimer
This program, referred to as "Solotto," does not constitute a lottery or gambling operation under applicable law. Participation in Solotto does not involve any direct payment or fee for the opportunity to win a prize. Rather, any rewards distributed to participants are derived from standard transaction fees incurred during the normal course of trading the associated token. These fees are not an entry cost for a chance-based event, but a routine aspect of token transactions.
The use of the name "Solotto" is intended purely as a branding technique, combining the reference to the Solana blockchain ("Sol") with a term that evokes the concept of a reward or distribution ("Lotto"). It does not imply that the program is a lottery in the legal sense, but rather serves as a shorthand to communicate the idea of community rewards.
Accordingly, Solotto functions as a rewards or loyalty distribution model rather than a lottery. We recommend that all participants consult with their own legal counsel to ensure they understand the nature of this rewards system in the context of their local regulations.