Giveaway Working

How the "Play to Giveaway" works?

Connect Wallet

At the core of the CoinChance project lies its user-friendly wallet, accessible across multiple platforms. This versatile wallet serves as the gateway to an innovative and transparent giveaways experience, empowering users with a range of features.

Giveaway Ticket

A minimum of 1 Ticket must be wagered to enter the Giveaway.

The new memecoin giveaway created for community members are shown on the main memecoin page. It includes displaying the end time of the round, the winning pot, number of winners, and any other relevant information. Users can then choose the number of tickets they want to purchase and the numbers they want to play. The system must ensure that the user has enough balance to purchase the tickets. Upon confirmation, the system calculates the required number of coins and deducts this amount from the user's internal balance.

How the Play to Giveaway Works

The CoinChance meme giveaway presents a user-friendly and transparent system for participation and prize allocation:

How the Play to Giveaway Works:

1. Participation

   • Users connect to the CoinChance platform and navigate to the memecoin giveaway section, where they can explore the available giveaways.

2. Select Giveaway

   • Users browse through the list of available giveaways and select the one they want to participate in.

3. Play & Purchase Tickets

   • Users can fill in at least one line on the ticket on their screen, selecting numbers from 1 to 49 or using the "Quick Pick" option for automatic number generation.

   • Users can easily select the number of tickets they wish to purchase, with options typically ranging from 1 to 100 tickets.

   • Upon confirming their selections, users proceed to purchase their tickets by clicking "Purchase".

4. Allocation of Tickets

   • Once tickets are purchased, they are allocated to the user's account.

   • Each ticket is uniquely identified and stored in the system, ensuring transparency and fairness throughout the process.

5. Prize Allocation

   • Winners are determined based on the draw results, which are shared in the Telegram group and on the CoinChance website.

   • After a cool-off period of 30 minutes, winners receive their prizes directly to their wallet addresses.

Giveaway Results

1. Prize Distribution: Following the draw, the prize pool is distributed equally among the winners, promoting fairness and equal opportunities for all participants.

2. Flexible Prize Allocation: Community owners retain control over the number of winners, with options ranging from a total of 1 to multiple winners. This flexibility allows for customized prize distributions tailored to the community's preferences.

3. Transparent Payouts: Payouts are calculated based on the prize pool, ensuring transparency and accountability in the distribution of rewards to the winners.

CoinChance guarantees that it is impossible for any party, including the platform itself, to influence the outcome of the giveaway. This commitment to fairness and transparency underscores CoinChance's dedication to providing a trustworthy and equitable giveaway experience for all participants.