π€Reserve Raffles Platform
A Premium Gateway to Elite Smoking Accessories
Our reserve raffle platform is an innovative model where participants can obtain high-end smoking accessories and collectibles at a fraction of their market price, all while preserving the itemsβ value and contributing to a self-sustaining ecosystem.
Core Mechanism
Our Reserve Raffles platform operates on a mechanism similar to reserve auctions, but with the thrill of a raffle. Here's a breakdown of how it adds value:
Minimum Ticket Threshold:
Unlike traditional raffles, our platform sets a minimum ticket threshold to ensure the raffle is viable and the item retains its value. This feature caters to our members and participants by preserving the market value of the raffled items.
No Ticket Ceiling:
There's no cap on the number of tickets one can purchase, increasing the chances of winning for enthusiastic participants, and ensuring a wider pool of funds for sustaining the raffle cycle.
Reinvestment Cycle:
The proceeds from each raffle are reinvested in acquiring new premium items for subsequent raffles. This self-perpetuating model not only maintains a continuous flow of attractive items but also creates longevity and financial sustainability of the platform.
Members Benefits
Members will have additional benefits when transacting with our platform such as:
Free Raffle Tickets:
Each NFT will grant you free raffle tickets to be used with each raffle.
Ticket Price Discounts:
Members will enjoy discounts on the raffle tickets based on their tier level.
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