Topic: BitRevenues - ~ where lottery is free! ~ - page 3. (Read 3378 times)
Where do you get your revenues?
UPDATE: ! Site is up and running! Claim your first tickets now and stand a chance to win big amount of Bitcoin ~!
BitRevenues
An idea I came up in January - here. I already bought the domain BitRevenues.com in January. I have been using it as a faucet list for the past 3 months while I'm working on the script. Right now, I still have a bit more tweak and the lottery system will be online soon.
Registration and Login [Done - to be recoded with better password hashing]
Claiming a ticket [Done]
Changing Email, Password and Bitcoin address [Done]
Ticket Lookup [Planned, starting soon] [Done]
Referral System [Done]
Claim a specificed ticket [Done]
What's BitRevenues?
BitRevenues is a revenues sharing site. The people visit the site and solve a Captcha in the same way that they would visit a normal faucet, with the main difference that they will not receive instant reward in Bitcoin, but a tickets to a round of lottery.
How many winning tickets will there be? How will the revenues be shared?
There's will only be five winners each round. Each of them will be taking ~15% of the revenues earned that round. And we will donate another ~10% to a organization or group (most likely non-profit). The leftover ~10% will be absorbed by me.
How do we determine the winning tickets?
Winning number will be chosen using the last nine number of block transaction ID. For example block #361412, https://blockchain.info/block/000000000000000004e0e238d4c49f28c372311b008088537f9e9a93dd223a27. So it would be 9322327 (not 7232239). Block # will be announced before it is available to public on Blockchain.info. Second winning number will be determined by first nine number of md5ed/sha1ed/sha256ed block ID.
Winning ticket #2:
md5(000000000000000004e0e238d4c49f28c372311b008088537f9e9a93dd223a27) = 3b6c0c10096db8b6fb0479d0ae44a7cd - 3610096
Winning ticket #3:
md5(3b6c0c10096db8b6fb0479d0ae44a7cd) = e8c683e5124cf293e3b541557f465bfe - 86835124
And it will continue until winning ticket #5.
For even round we will use MD5 and for odd round we will use SHA1. And for multiple of 9 we will use SHA256. Users can validate the hashed number from online encrypt application such as http://www.sha1-online.com/.
Why three type of hashing methods? Well.. it is just my personalty, I like things which is more complicated.
What if there is less than nine number in the transaction hashes?
It happen once in a life time. If this happen, we will MD5/SHA1/SHA256 the hash. And the hashed hash will be used instead. If the problem (not enough number) is still there, we will MD5/SHA1/SHA256 the hash of the MD5/SHA1/SHA256 again and again.. Till we got one with at least nine number.
Who will we donate the 15% to?
As mentioned, the 15% will be donated to start-up or non-profit organization. This is social responsibly in business term.
What will I do with the 10%?
I will use the 10% to pay for domain and hosting fees. And.. let's be honest, I will keep the leftover. :p.
When will the round end?
One round will last for a minimum of two weeks. Each round must have at least 0.1 Bitcoin in revenues before we can end the round. If there is not enough funds, the round will continue for another week. Until we have enough funds to pay.
How many tickets will there be?
I mentioned above that ticket number will be determined by first nine number of a block hash. That also mean there will be 999,999,999 total tickets.
How do the referral system work?
Unlike other faucet site. We can't give out too many Satoshi (in our case.. tickets). Thus, every time your referral redeemed a ticket, you stand ~10% chance to get a free tickets.
Any ideas? Question? Feedback? Feel free to posts them below.
BitRevenues
An idea I came up in January - here. I already bought the domain BitRevenues.com in January. I have been using it as a faucet list for the past 3 months while I'm working on the script. Right now, I still have a bit more tweak and the lottery system will be online soon.
Registration and Login [Done - to be recoded with better password hashing]
Claiming a ticket [Done]
Changing Email, Password and Bitcoin address [Done]
Ticket Lookup [Planned, starting soon] [Done]
Referral System [Done]
Claim a specificed ticket [Done]
What's BitRevenues?
BitRevenues is a revenues sharing site. The people visit the site and solve a Captcha in the same way that they would visit a normal faucet, with the main difference that they will not receive instant reward in Bitcoin, but a tickets to a round of lottery.
How many winning tickets will there be? How will the revenues be shared?
There's will only be five winners each round. Each of them will be taking ~15% of the revenues earned that round. And we will donate another ~10% to a organization or group (most likely non-profit). The leftover ~10% will be absorbed by me.
How do we determine the winning tickets?
Winning number will be chosen using the last nine number of block transaction ID. For example block #361412, https://blockchain.info/block/000000000000000004e0e238d4c49f28c372311b008088537f9e9a93dd223a27. So it would be 9322327 (not 7232239). Block # will be announced before it is available to public on Blockchain.info. Second winning number will be determined by first nine number of md5ed/sha1ed/sha256ed block ID.
Winning ticket #2:
md5(000000000000000004e0e238d4c49f28c372311b008088537f9e9a93dd223a27) = 3b6c0c10096db8b6fb0479d0ae44a7cd - 3610096
Winning ticket #3:
md5(3b6c0c10096db8b6fb0479d0ae44a7cd) = e8c683e5124cf293e3b541557f465bfe - 86835124
And it will continue until winning ticket #5.
For even round we will use MD5 and for odd round we will use SHA1. And for multiple of 9 we will use SHA256. Users can validate the hashed number from online encrypt application such as http://www.sha1-online.com/.
Why three type of hashing methods? Well.. it is just my personalty, I like things which is more complicated.
What if there is less than nine number in the transaction hashes?
It happen once in a life time. If this happen, we will MD5/SHA1/SHA256 the hash. And the hashed hash will be used instead. If the problem (not enough number) is still there, we will MD5/SHA1/SHA256 the hash of the MD5/SHA1/SHA256 again and again.. Till we got one with at least nine number.
Who will we donate the 15% to?
As mentioned, the 15% will be donated to start-up or non-profit organization. This is social responsibly in business term.
What will I do with the 10%?
I will use the 10% to pay for domain and hosting fees. And.. let's be honest, I will keep the leftover. :p.
When will the round end?
One round will last for a minimum of two weeks. Each round must have at least 0.1 Bitcoin in revenues before we can end the round. If there is not enough funds, the round will continue for another week. Until we have enough funds to pay.
How many tickets will there be?
I mentioned above that ticket number will be determined by first nine number of a block hash. That also mean there will be 999,999,999 total tickets.
How do the referral system work?
Unlike other faucet site. We can't give out too many Satoshi (in our case.. tickets). Thus, every time your referral redeemed a ticket, you stand ~10% chance to get a free tickets.
Any ideas? Question? Feedback? Feel free to posts them below.
Jump to: