RAFL (RFL)

We are creating a web based platform that permits customers to host a web based raffle. Anyone can create raffles, be it for good trigger, private achieve or business promotion. Our idea combines commerce and lotteries which can create a brand new sort of on-line market. We intention to determine a distinct segment that runs solely on the Ethereum blockchain. Raffles are already in style however undergo from a scarcity of transparency. With the innovation of the Ethernet protocol, RAFL can present a service to guard customers from fraud. This creates a totally clear and provably truthful raffle which is secure for all. How it really works. Choose your promoting worth and the variety of tickets. When all tickets are bought, one is chosen at random. The vendor can listing merchandise at a better worth than present e-commerce platforms and public sale websites, and on the identical time customers can attempt their luck to amass items for a fraction of their retail worth. Users may also purchase a number of tickets to extend their probabilities of successful. E.g.: A luxurious watch price $5000 sells 250 tickets at $20 every The raffle winner will get a watch with a worth of $5000 for $20. The platform retains 1% ($50) The vendor retains 99% ($4950)