Innovative platform promises to transform how users win tokens and engage with various projects.
JustUseCore ($JUC) is excited to announce the launch of its groundbreaking Decentralized Token Raffle Platform on the CoreDAO blockchain. This innovative platform is set to revolutionize cryptocurrency engagement by providing users with a secure, transparent, and decentralized way to participate in exciting token raffles.
The decentralized token raffle platform is a testament to JustUseCore’s commitment to providing value to its community and advancing decentralized finance (DeFi) on the CoreDAO ecosystem. By leveraging smart contracts and blockchain technology, the platform ensures a fair and transparent raffle process for all participants.
Key Features and Benefits:
- Decentralization: The platform operates in a decentralized manner, ensuring transparency and fairness.
- Security: Smart contracts ensure that all transactions are secure and tamper-proof.
- User-Friendly Interface: The platform offers an intuitive interface, making it accessible to both novice and experienced crypto enthusiasts.
- Diverse Token Raffles: Users can participate in various raffles to win tokens or create their own raffles from a wide range of projects within the CoreDAO ecosystem.
- Community Engagement: The platform fosters community engagement, creating a strong bond between token holders and project developers.
Nedre, a spokesperson for JustUseCore, said, “The launch of our Decentralized Token Raffle Platform is a significant step towards the future of cryptocurrency engagement. We are thrilled to provide our users with a secure and transparent way to win tokens, create their own raffles and engage with exciting projects on the CoreDAO ecosystem.”
About JustUseCore:
JustUseCore ($JUC) is community-driven initiative designed to elevate awareness of CoreDAO and spread its message across the globe. The project is committed to transparency, security, and community engagement.
About CoreDAO:
CoreDAO is a blockchain that combines the decentralization of Bitcoin with the compatibility of an EVM layer 1 blockchain. CoreDAO aims to facilitate the development and deployment of decentralized applications (dApps) by providing a scalable, secure, and decentralized platform.
Additional Information:
- JustUseCore website: [https://justusecore.xyz]
- Raffle website: [https://justusecore.com]
- Social media : [https://x.com/justusecorexyz]
Decentralized Token Raffle Platform on CoreDAO
- Project Description
This project aims to develop a decentralized platform on the CoreDAO where users can either organize or participate in raffles to win tokens available on the CoreDAO. Powered by justusecore.xyz
- Key Features
Raffle System
- Users can create a raffle with a token reward by providing the contract address of any token on the CoreDAO
- Participants can enter the raffle by purchasing tickets at a specified fee
- When the raffle period ends, the smart contract randomly selects a winner and transfers the reward to the winner
- If less than 60% of the tickets are sold, the raffle is canceled and the ticket fees are refunded to participants
- The winner is determined by the smart contract using a randomization method
Ticket Sales Mechanism
- Raffle tickets can only be purchased using CORE
- The ticket price and the total number of tickets are determined by the raffle organizer
Reward Type
- Token Reward: The raffle reward can be any ERC-20 token (specified by its contract address) available on the CoreDAO, and the winner receives the predetermined amount of tokens
10% Commission & JUC Burn Mechanism
- A 10% commission is charged on every successful raffle
- This commission is used to purchase JUC tokens via GlyphExchange
- The acquired JUC tokens are automatically burned (sent to the 0x000…dead address)
Gas Fees & CORE Funding
- Gas fees are covered by a 1% deduction from each raffle initiator’s funds
- Users do not have to pay an additional gas fee when participating in a raffle