Win $1,000,000 USD - FREE ENTRY! - page 3.

CryptoEbe

newbie

Activity: 42

Merit: 0

Quote from: newfan on February 16, 2018, 12:30:35 PM

Quote from: CryptoEbe on February 16, 2018, 12:21:49 PM

Quote from: pragna on February 15, 2018, 12:12:59 PM

How could i believe this site ?. There is no authentication. It looks fear to me.

Well, I hope it was not our members' photos on our website that scared you

haha the struggle to sell FREE ticket. people are scared of winning the raffle with a free ticket? i will gladly take free chance XD

Yes, it's definitely a challenge because we are brand new, but we know this is a phase that all start-ups go through and our team is ready for this challenge. And good luck with your ticket

newfan

newbie

Activity: 6

Merit: 0

Quote from: CryptoEbe on February 16, 2018, 12:21:49 PM

Quote from: cryptofanatic123 on February 03, 2018, 02:58:21 PM

Hey, thanks! Just got a few tickets, wish me luck!

Good luck

Quote from: pragna on February 15, 2018, 12:12:59 PM

How could i believe this site ?. There is no authentication. It looks fear to me.

Well, I hope it was not our members' photos on our website that scared you

haha the struggle to sell FREE ticket. people are scared of winning the raffle with a free ticket? i will gladly take free chance XD

CryptoEbe

newbie

Activity: 42

Merit: 0

Quote from: cryptofanatic123 on February 03, 2018, 02:58:21 PM

Hey, thanks! Just got a few tickets, wish me luck!

Good luck

Quote from: pragna on February 15, 2018, 12:12:59 PM

How could i believe this site ?. There is no authentication. It looks fear to me.

Well, I hope it was not our members' photos on our website that scared you

pragna

full member

Activity: 1582

Merit: 101

How could i believe this site ?. There is no authentication. It looks fear to me.

CryptoEbe

newbie

Activity: 42

Merit: 0

Quote from: NorrisK on February 15, 2018, 02:22:41 AM

May I ask who is holding the funds? I guess the goal is to raise more money then is being given away, which is quite a lot for a new service.

Using a multisig wallet with an escrow that needs to sign off would give a lot more trust I guess.

Hey Norris,

Yes, you're right. Our goal is to raise more money than is being given away. The majority is paid out to prize winners; the rest goes into marketing (higher for round 1 because we are just gaining publicity), merchant fees, accounting, etc. to maintain the service and website. We also end up with a profit on which we pay income tax, and also allocate a portion of it to fund crypto related science (more info on this in the FAQ section). We are not currently using an escrow, but it does sound like a good idea and might consider it in the future. Thanks, and if you have any questions or feedback, don't hesitate to reach back.

Regards,
CryptoEbe

CryptoEbe

newbie

Activity: 42

Merit: 0

Quote from: Kleo-kripto on February 15, 2018, 02:14:37 AM

Even if this is not fraud, the probability of winning is very small. Who wants to take a chance, who will turn up fortune, maybe he will, but I do not want to risk, so I pass by.

Quote from: Kleo-kripto on February 15, 2018, 02:19:53 AM

Quote from: FutureICOs on February 03, 2018, 09:19:29 AM

There's a brand new crypto raffle site and they are giving away some free tickets to help gain publicity and momentum. There's no purchase required and there's no catch, it's a simple raffle that will be performed by an unrelated third party on live video. This coupon code is limited to 1 per person. Coupon: 1freeticket and the site is https://bitcoinjackpot.global

Grand prize: $1,000,000
Second prize: $100,000
Third prize: $25,000
Runner-up: $1,000 x 75 winners

100,000 tickets are being sold. $20 per ticket. Pay using any crypto. Receive prizes in crypto or USD bank wire. Draw will be live streamed on YouTube by real people when every ticket is sold! If you live in Toronto and are a ticket holder you can be there at the time of draw.

It's brand new, this is Round 1 and they hope to do 4 rounds per year.

You have written in the title - free admission. But in fact you need to buy a ticket for $ 20. This is at least misleading.

Hey Kleo,

We are currently giving out a limited number of free tickets as a marketing strategy to help gain publicity and momentum. So, the ticket that is worth $20 is actually free for now and your risk is currently zero. There's no purchase required for now, unless you want to increase your chances of winning and need more than 1 ticket. We are hoping that once people get tickets, they promote it within their circle leading to more people obtaining tickets and so on. If you have any more questions, feel free to reply back. Thanks.

Regards,
CryptoEbe

NorrisK

legendary

Activity: 1946

Merit: 1007

May I ask who is holding the funds? I guess the goal is to raise more money then is being given away, which is quite a lot for a new service.

Using a multisig wallet with an escrow that needs to sign off would give a lot more trust I guess.

Kleo-kripto

member

Activity: 220

Merit: 10

Quote from: FutureICOs on February 03, 2018, 09:19:29 AM

There's a brand new crypto raffle site and they are giving away some free tickets to help gain publicity and momentum. There's no purchase required and there's no catch, it's a simple raffle that will be performed by an unrelated third party on live video. This coupon code is limited to 1 per person. Coupon: 1freeticket and the site is https://bitcoinjackpot.global

Grand prize: $1,000,000
Second prize: $100,000
Third prize: $25,000
Runner-up: $1,000 x 75 winners

100,000 tickets are being sold. $20 per ticket. Pay using any crypto. Receive prizes in crypto or USD bank wire. Draw will be live streamed on YouTube by real people when every ticket is sold! If you live in Toronto and are a ticket holder you can be there at the time of draw.

It's brand new, this is Round 1 and they hope to do 4 rounds per year.

You have written in the title - free admission. But in fact you need to buy a ticket for $ 20. This is at least misleading.

Kleo-kripto

member

Activity: 220

Merit: 10

Even if this is not fraud, the probability of winning is very small. Who wants to take a chance, who will turn up fortune, maybe he will, but I do not want to risk, so I pass by.

CryptoEbe

newbie

Activity: 42

Merit: 0

Quote from: GamerSky on February 03, 2018, 12:46:00 PM

How possible for the website to be scam? I guess it's very likely. Why? simple, they don't provide enough info about who they are, not a registered company, and most importantly if you visit their FAQ

Quote

How does playing Bitcoin Jackpot work?
When you play Bitcoin Jackpot, you are purchasing a raffle ticket. At the time of the draw, a winning ticket(s) is selected at random using random.org which is an unrelated third party; the draw will be live streamed on YouTube (or another video streaming site) when every ticket is sold. To make things as fair as possible, the draw will be conducted on video by people who are not related to Bitcoin Jackpot.

You know there are tons of ways to hijack such 'cheap' method to pick a winner, it would have been totally different if they provided a provably fair method.

The whole thing seems sketchy to me, because I've tried to make a provably fair lottery before, just failed with marketting, and it didn't need any registeration or user information too.

Hey GamerSky,

I'm one of the members involved in bitcoinjackpot.global (you can check out my bio on the website). We just started the raffle this month, so the site is being modified as we get feedback from people. Feel free to check out the site now as we have added the information that you have asked for, i.e., who we are (on the main page).

We didn't see the need for a complicated algorithm to have a provably fair method because it's just a simple raffle. We wanted to be as simple and transparent as possible, so we decided that once someone buys a ticket, they get a number between 1 and 100000 (which is given in sequential order based on when someone buys a ticket). Once all tickets are sold, the draw will be live streamed, once again, making the procedure transparent to everyone. Random.org is also third party, so there is no way we would be able to influence the outcome of the draw.

We also have a hassle-free registration process to only collect an e-mail id for the purpose of sending the ticket number; we don't collect any other user information that is intrusive. And I agree, marketing is a challenge. By the way, apologies for the late response; I didn't see this thread earlier. Thanks for the feedback.

Regards,
CryptoEbe

cryptofanatic123

newbie

Activity: 1

Merit: 0

Hey, thanks! Just got a few tickets, wish me luck!

FutureICOs

full member

Activity: 449

Merit: 100

Quote from: GamerSky on February 03, 2018, 12:46:00 PM

How possible for the website to be scam? I guess it's very likely. Why? simple, they don't provide enough info about who they are, not a registered company, and most importantly if you visit their FAQ

Quote

How does playing Bitcoin Jackpot work?
When you play Bitcoin Jackpot, you are purchasing a raffle ticket. At the time of the draw, a winning ticket(s) is selected at random using random.org which is an unrelated third party; the draw will be live streamed on YouTube (or another video streaming site) when every ticket is sold. To make things as fair as possible, the draw will be conducted on video by people who are not related to Bitcoin Jackpot.

You know there are tons of ways to hijack such 'cheap' method to pick a winner, it would have been totally different if they provided a provably fair method.

The whole thing seems sketchy to me, because I've tried to make a provably fair lottery before, just failed with marketting, and it didn't need any registeration or user information too.

I think, there is not much to lose. The thing is FREE. Always better chance when you enter, as compared to when you don't.

GamerSky

jr. member

Activity: 44

Merit: 7

How possible for the website to be scam? I guess it's very likely. Why? simple, they don't provide enough info about who they are, not a registered company, and most importantly if you visit their FAQ

Quote

How does playing Bitcoin Jackpot work?
When you play Bitcoin Jackpot, you are purchasing a raffle ticket. At the time of the draw, a winning ticket(s) is selected at random using random.org which is an unrelated third party; the draw will be live streamed on YouTube (or another video streaming site) when every ticket is sold. To make things as fair as possible, the draw will be conducted on video by people who are not related to Bitcoin Jackpot.

You know there are tons of ways to hijack such 'cheap' method to pick a winner, it would have been totally different if they provided a provably fair method.

The whole thing seems sketchy to me, because I've tried to make a provably fair lottery before, just failed with marketting, and it didn't need any registeration or user information too.

FutureICOs

full member

Activity: 449

Merit: 100

There's a brand new crypto raffle site and they are giving away some free tickets to help gain publicity and momentum. There's no purchase required and there's no catch, it's a simple raffle that will be performed by an unrelated third party on live video. This coupon code is limited to 1 per person. Coupon: 1freeticket and the site is https://bitcoinjackpot.global

Grand prize: $1,000,000
Second prize: $100,000
Third prize: $25,000
Runner-up: $1,000 x 75 winners

100,000 tickets are being sold. $20 per ticket. Pay using any crypto. Receive prizes in crypto or USD bank wire. Draw will be live streamed on YouTube by real people when every ticket is sold! If you live in Toronto and are a ticket holder you can be there at the time of draw.

It's brand new, this is Round 1 and they hope to do 4 rounds per year.

Topic: Win $1,000,000 USD - FREE ENTRY! - page 3. (Read 995 times)