🔧Mechanics

Bid on your favorite NFTs

Navigate to our main homepage, and select the NFT raffle that you'd like to participate in:

In the above example, you'll see three NFT bidding options. Selecting the "Enter Raffle" button allows you to then send the desired $RAFFLE token amount you'd like to bid for the NFT.

Each pool is defined in 3 unique data-sets

• Floor Price of NFT

• Total $RAFFLE pool allowance

• Pool Timer

Floor Price

Determined by Opensea, the floor price determines the size of $RAFFLE allowance

$RAFFLE Allowance

$RAFFLE allowance is the total number of tokens allowed to enter each pool. 1 token = 1 ticket. Users are given an opportunity

A Fresh Example: Pudgy Penguins (5 eth) if at the time 5 eth is equal to 1M $RAFFLE tokens, the pool size will be 1M. Meaning users can deposit up to 1M $RAFFLE in the pool, with a max allocation of 1% of the pool.

Pool Timer

Pools are timed for 24hrs, and the winner is auto-selected based on a provibly fair algo available inside our smart contract