MinimalWin is an alternate platform for sales, which is considering the principle of lottery and auction. Every object wear purchase on the working platform will be brought into play in case of successful holding of this lot, best one winner will be designated.
MinimalWin is a platform that try built entirely on Ethereum smart contracts. Total decentralization allows the clear company of the lottery. The winner of each round of sales will become selected using a specific algorithm. Every lottery participant will offer you one or more ticket to take part within the lottery. In case the levels of tickets won’t become collected, the smart contract will return all tokens to the individuals willing to buy the lot set up for purchase. Distribution and payout procedures are transparent and supported by smart contracts. The transparency as well as the trust related to the smart agreements operating on the blockchains, are derived from the reality that most agreements are executed automatically and enable no third-party access or administrator intervention. When the levels requested by the seller try collected and the sale happens:
1. the system sends the rule towards customer winner;
2. owner delivers the lot;
3. the buyer receives the lot and delivers the code to owner;
4. owner goes into the rule in his profile and gets the tokens.
MinimalWin could be the first system on the planet that’s built entirely on Ethereum smart contracts which enables you to winnings through an algorithm exactly what is place on sale on our system. It’s a kind of lottery, but uncommon one, kind an auction, but not completed or concluded. Our aim would be to built a platform that creates an innate trust in a potentially corrupt system for anyone to winnings something that is auctioned through a decentralized blockchain system that benefits all.