So this game is still on and the winner can choose either a Knc titan preorder or the pot?
Yeap! Terms and Conditions updated and danny will update the agreement soon i think.
Ladies and gentleman, place your bets!
1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD
Updated Escrow agreement allowing the winner to choose to receive 95% of the balance (after bitcoin transaction fee is paid) in place of the preorder shipping info if they prefer:
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
Escrow ID: 201407132200
The escrow address for the raffle beginning on 2014-07-13 and run by luckyknc will be:
1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD
Please understand this is done as a community service for users of bitcointalk, there is risk associated with holding the escrowed Bitcoins, and facilitating this transaction will require time and attention. As such, if it does not represent a burden to do so, please consider sending a bitcoin gratuity to 1JDjY2PLWtPifW4hxTpeVBAybBZwJwzdj4 (valid for this raffle only) after the satisfactory resolution of this raffle.
The fine print:
This Contract is solely generated for the purpose of facilitating the raffle advertised on the morning of July 12 by the user identified by the luckyknc pseudonym used on bitcointalk.org
The escrow holder, Daniel Hamilton (pseudonym DannyHamilton), assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of. On the event that any problems arise, he will strive to release escrow in a way that honors the sprit of the published rules of the raffle to the best of his ability.
The winning entry will be chosen according to the independently verifiable process described at bitraffle.info.
No party should fund the escrow address until luckyknc has confirmed that he agrees with the terms of escrow release. If no other conditions are received, the default conditions of the contract assume:
If there are less than 400 entries into the raffle, then the there will be a 0.0002 BTC per kilobyte transaction fee paid from the escrow funds to the miner that confirms the transaction that releases the escrow. 95% of the remaining balance will be sent to a bitcoin address of the winner's choice.
If there are 400 entries or more, the winner will have their choice of either receiving 95% of the remaining sum of all entries after the transaction fee is paid or having their name and address entered into the shipping information on luckyknc's paid preorder for a first batch KNC Titan Miner 400 Mh/s.
If there are less than 400 entries, or if the winner chooses the option to receive 95% of the remaining raffle balance after transaction fees are paid, the remaining 5% of the balance will be awarded to luckyknc to compensate him for sponsoring the raffle.
If there are 400 or more entires and the winner chooses to have their name and address entered into luckyknc's preorder, the entire balance of the escrow address will be released to luckyknc after the winner's name and address are entered into the KNC pre-order shipping information. Release of escrow will not be dependent on the actual KNC Titan Miner being received. The specific day of delivery is a responsibility of KNC, and neither the raffle provider nor the escrow provider is responsible for any failure of KNC to honor the pre-order.
PLEASE NOTE, THE ESCROW PROVIDER CAN ONLY MAKE SURE THAT THE WINNER'S NAME AND ADDRESS ARE ENTERED AS DELIVERY INFO. ONCE ESCROW IS RELEASED THERE IS NO WAY FOR THE ESCROW PROVIDER TO PREVENT THE RAFFLE PROVIDER FROM CHANGING THE NAME AND ADDRESS BACK.
If the winner of the raffle chooses control of the pre-order, they will be solely responsible for any fees required for delivery (such as customs fees), and are responsible for any taxes that their own local jurisdiction may place on them.
To be a valid entry into the raffle, the transaction must receive its first confirmation in a block before 317390.
It is VERY IMPORTANT that all raffle participants post the transaction ID in this thread after they send bitcoins to the excrow address so they can be identified for payout at the end of the raffle. If the winner cannot be identified, or nobody claims the prize for 7 full days after the end of the raffle, the prize will instead be awarded to the next lowest hash.
In the case that two or more users claim the same transaction as their own, they will be required to sign a message to prove that they own the private key of the address from which the payment originated.
There will be no maximum limit to the number of entries allowed in this raffle.
If a situation arises that reults in it not being possible to verify the winner of the raffle, then all participants will be refunded their entries. This is the only situation where a refund will be allowed.
The written acceptance by luckyknc and/or the addition of the escrow address above to the luckysatoshi.org website constitutes the acceptance of the terms and conditions stated, and the activation of this agreement.
Thank you,
DannyHamilton (the escrow holder)
2014-07-13 22:00 CDT (UTC-05:00)
Edit: Updated 2014-07-17 13:00 CDT to allow the user the option to choose to receive the BTC payout instead of the pre-order.
Escrow: 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD (valid for this transaction only)
Tips: 1JDjY2PLWtPifW4hxTpeVBAybBZwJwzdj4 (valid for this transaction only)
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