We are developing an online platform that allows users to host an online raffle. Anyone can create raffles, be it for good cause, personal gain or commercial promotion. Our concept combines commerce and lotteries which will create a new type of online market. We aim to establish a niche that runs exclusively on the Ethereum blockchain. Raffles are already popular but suffer from a lack of transparency. With the innovation of the Ethernet protocol, RAFL can provide a service to protect users from fraud. This creates a completely transparent and provably fair raffle which is safe for all. How it works. Choose your selling price and the number of tickets. When all tickets are purchased, one is chosen at random. The seller can list products at a higher price than current e-commerce platforms and auction sites, and at the same time users can try their luck to acquire goods for a fraction of their retail price. Users can also buy multiple tickets to increase their chances of winning. E.g.: A luxury watch worth $5000 sells 250 tickets at $20 each The raffle winner gets a watch with a value of $5000 for $20. The platform keeps 1% ($50) The seller keeps 99% ($4950)

3.0
See rating distribution
ICO rating reflects the amount of information available about a project and does not indicate its quality. Therefore, ICO rating must not be taken as investment advice

Closed 10 months ago

Token Sale 11/13/2017 midnight - 12/20/2017 11 p.m.
Country United Kingdom
Member of this ICO only
Z
Zaq Qureshi
SALES & MARKETING
Member of this ICO only
S
Shaun Ikeda
FOUNDER AND CEO
Member of this ICO only
3.0
See rating distribution
ICO rating reflects the amount of information available about a project and does not indicate its quality. Therefore, ICO rating must not be taken as investment advice

Closed 10 months ago

Token Sale 11/13/2017 midnight - 12/20/2017 11 p.m.
Country United Kingdom

Financial information

Platform Ethereum

Interest

Alexa rank 14,713,578 th
Telegram participants 819
Twitter followers 862
Promotional video views 895
Similar icos
Disclaimer

TrackICO does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on TrackICO is meant to be used for information purposes only, and should not be taken as financial or investment advice.