Topic: QBITQ: New BTC lottery for a social cause (Read 409 times)

We have just launched a new website https://www.qbitq.com that offers the opportunity to earn bitcoin rewards, both to players (after buying a token) and to social campaigns (for free).
https://www.qbitq.com/assets/promotion_banner.png
QbitQ combines instant lottery and crowdfunding. Players can win prizes in bitcoin by placing bets. How much players can win depends on the stakes and how much they bet. In this sense, QbitQ is similar to other bitcoin lotteries. The novelty is that bets placed by players contribute to support a social cause that the players themselves have chosen through their votes.

When players win, they gain instant rewards in bitcoin and they also increase the site's social jackpot by a proportional amount. Even when they lose, part of their bet increases this social jackpot. The jackpot is awarded at the end of the week to the campaign that has received most votes from players. Any organization, group or individual sponsoring a social campaign of any kind, from environmental activists to churches, can create a free profile on the site and opt to win one of these prizes.

QbitQ turns around the crowdfunding concept. Instead of offering rewards in exchange for contributions, it allows campaign sponsors to participate without cost in the proceeds of a lottery. As for players, they have the chance to win bitcoin while making a donation to those campaigns they value the most. The beauty of QbitQ is that the rewards earned by the campaigns are decided by the players themselves. Every bet is also a vote, ensuring that funds are awarded on the basis of a democratic ballot by the crowd.

How to play – Select a combination of 1 to 9 digits and the amount of bitcoin one wishes to bet. Then vote for one of the featured campaigns, which can be browsed through easily by tag. After placing a "bitoken" (a bet) and casting a vote, one can send the payment from a Bitcoin wallet and enter the first available draw. Draws are extracted every minute throughout the day and the results of the bets can be checked instantly on the website. Winners receive their reward after their payment has been confirmed.

We have launched this website hoping to draw a larger pool of bitcoins to fund social campaigns. The website has only been online for a few days and we are still making improvements. But we would very much appreciate your feedback!