Topic: Finished (Read 240 times)

Thank you @nakamura12, we also want to be as fair as possible to everyone so lots have a chance of winning. We will keep diversifying the competitions as well such as this one just posted below for all the Gamers out there:

Hi stomachgrowls,

We are doing our best to keep the entry amounts low vs the entry fee, this is why we have a different variety of competitions based on what customers feel comfortable in spending. As things progress though we will offer even bigger incentives, we want to give people the opportunity to have a really bonus win from very little while keeping the odds of that happening very high in the favour of the customers.

The Masternodes and coins are there to attract attention across all communities, they will be continued as prizes and also offer an opportunity for new projects to boost their awareness. As we are a crypto-based business we feel it is very important to keep including things like this.

In terms of collect and shipping, all prizes are available for collection from our office as per our T&C's on the website, however, if a prize that is won is not possible for the winner to collect then we can look at sourcing the equivalent item locally for them and the original item will go back up as another prize until won. If that is still not an option then all prizes are subject to the winner accounting for delivery and excise duty themselves however some competitions will allow for a cash addition to include a set amount against such costs. This will be specified in each individual competition.

Hi, each competition has a limited number of entries, once they are reached the competition is sold out and the draw will take place approx 24hrs from then. To prove no more entries where taken we run through the list of entries live prior to the draw taken place so everyone can see their name next to their number as proof.

Hi, each person is limited to 10 entries max per draw. This is to abide by gambling laws in the UK so nobody can gain a majority in any competition. As we are a legitimate UK company all entries also include vat @ 20%, just to show people how fair the competitions are in terms of prizes vs entry funds.

In terms of the free entry draws, we will have another Ledger Nano S going up as a free competition tomorrow. Anyone can enter and it will be limited to 1000 entries and as normal draw will be live. With regards to other bigger competitions, they will all have 1-2% of the total entries available as totally free entries for things such as sharing and liking the particular competition across our social media channels.

That's good for you guys to find a way to minimize the amount that will be spent by participants. It is also good that the competition does not base on the majority. It may be advantage to some if the other participant does not reach the maximum entry then the other participants that have 10 entries have more chance in winning.

I can say that the entry amount is somewhat big for most people but to see that it do only require 250 entries for a competition to be drawn out then that do requires 25 person that have maximum of 10 entries each.

Prizes are attractive though excluding those masternodes and im only interested with those gadget items.

Just to ask about shipping fee or prizes to be delivered would be shouldered by yours?

Aside from that, what number of entries is considered low for the team? How do you know that you already achieved the minimum number of entries for a given cycle? Is it based on the total collections of crypto? Do you have target amount for each round, like it should exceed the amount of your total giveaway by certain percentage?

Anyway, I just want to be on point right away. I am not interested in joining but I do have some questions to ask you in behalf on the people who might be interested to join your raffle. How many entries can a person have?. How many entries that a person can get by earning the free entries as what is mention in op?. Good luck to all.

the third prize is a ledger nano s good luck
honestly I think lotteries don't have real engagement, but is fun and create community
among other things, it seems strange but they have an advantageous entry price payout ratio compared to other games (e.g. roulette)

the BIG problem of lottery/raffle is delay sooooooo long, roulette e.g. is fast, spin and win (lose)

Will the winner be chosen at random or will the winner be chosen with the most buyers in the slot?
Payment is quite easy and a large prize and competition is quite a lot of 250 entries, hmm I will try it and hope to be a winner

I noticed this too, I agree with you about it.
but this is also the period when fewer people are in front of a computer and trying to engage new users becomes very complex (and hard)
if you think how much cost  a SEM conversion from google, paying users with gift/raffle is sometimes the cheapest solution (and better)

A different style of raffle promo although this usually happens during the holidays. How the company will determine the winners?
There will be doubts of being fair if you will not tell the strategy you'll do for picking the winners.

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