Floot

Floot (Fair Loot) is a blind drop implementation of Loot, designed to address security concerns with the smart contract design of Loot. A secondary goal is to reduce gas costs for users.

Advantages of Floot include:

• Fair and random distribution of tokens.
• Secure against frontrunning, dark pools, and manipulation by miners.
• Secure against cheating by the NFT creator.
• No contract owner and no founder allocation.
• A 31% reduction in gas cost per mint.

Limitations:

• The tokens are not revealed until the end of the token distribution.

Read the full details on Medium and the smart contract code on GitHub.