Platform Raffles
Season 2: Raffle Introduction in RaffleCity
Overview of Season 2 Raffles:
With the commencement of Season 2, RaffleCity will introduce a variety of raffle types, each designed to offer players exciting opportunities to win valuable prizes. Our raffles are categorized into three main types: Token Raffles, NFT Raffles, and Real World Asset (RWA) Raffles. These raffles are characterized by their transparency, fairness, and the significant value of their prizes.
Raffle Mechanics:
Team-Created Raffles: Initially, all raffles will be created by our team, ensuring a high-quality and trustworthy start.
Ticket System: Each raffle will have a predefined number of tickets. The draw will be conducted live, automatically, once all tickets are sold.
Duration and Refunds: Each raffle will have a predetermined duration. If all tickets are not sold within this timeframe, all participants will be refunded their ticket purchases.
Transparency and Trust: Participants will have full visibility into the number of tickets available, their probability of winning, the commission structure per raffle, and access to the smart contracts that govern the draw.
Types of Raffles:
Token Raffles:
Offer cryptocurrencies as prizes, such as Bitcoin, Ethereum, and various altcoins, providing winners with a potential financial windfall.
NFT Raffles:
Feature unique non-fungible tokens as prizes, representing valuable digital assets like art pieces, virtual collectibles, or exclusive digital items from collections like Mad Lads, Bored Ape Yacht Club (BAYC), CryptoPunks, The Heist, etc.
Real World Assets (RWA) Raffles:
Extend the prize pool to include high-value real-world items. From the latest tech gadgets and luxury cars to corporate stocks and even real estate via tokenized equity, RaffleCity offers an unparalleled variety of coveted prizes. Our platform's vision encompasses the limitless potential of prize offerings, limited only by imagination.
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