CoinRaffle.io Unveils Innovative Platform for Secure and Fair Decentralized Raffles
March 29 2024 - 8:00AM
The CoinRaffle.io project has proudly launched its
utility-focused platform, which relies on decentralized technology.
This innovative solution enables projects to host community raffles
with ease, transparency, and fairness.
CoinRaffle.io is making crypto more engaging and
empowering projects with its easy-to-use dApp. Creating raffles,
boosting token utility, and automating token burning has never been
simpler.
Unlocking New Dimensions of Token Utility
The core of CoinRaffle.io is its advanced smart
contract technology, which ensures fairness in selecting random
winners. With audited contracts and immutable blockchain records,
CoinRaffle.io provides transparency and security for all
participants.
The platform's solid integration with multiple
blockchains facilitates accessibility to many users. The project
allocates tokens as prizes to incentivize community engagement and
boost token utility.
Developed by VTS Blockchain Engineers for
CoinRaffle Inc., the platform represents the future of
decentralized community engagement. It unlocks new dimensions of
token utility, combining growth and practical usage.
With upcoming features such as Ethereum,
Optimism, and Solana support, CoinRaffle.io continuously evolves to
meet user needs.
Transforming Community Engagement with Decentralized
Raffles
Creating raffles has never been easier with
CoinRaffle's user-friendly interface. Specifically, here is what
users will need to do to create their raffle:
- Give a name and specify the token
contract address, blockchain, and amount of tokens.
- Participants send tokens to the
RaffleFund address generated upon clicking "Generate Raffle."
- Specify the end date and optional
links for the reference project.
After agreeing to the terms and to the privacy
policy, users can click "Generate Raffle" to create it. In order to
ensure fairness, distribution rules include percentages for the
winner, team wallet, and burn.
As a service fee, 2.5% of the raffle funds will
go to CoinRaffle. Users can view past raffles in "My Raffles" by
connecting their wallet to the platform. The dApp is compatible
with over 380 different wallets, making it accessible to
all.
About CoinRaffle.io
CoinRaffle.io is a new platform offering a
unique approach to community engagement in the crypto space. With a
focus on token utility and automated token burning, it aims to
empower crypto projects and enthusiasts.
The platform provides a cutting-edge
decentralized application (dApp) for creating and managing raffles,
making community engagement more dynamic. This creates new
dimensions of token utility for projects, with customizable raffles
and increased value propositions.
Transparency and security are key values at
CoinRaffle.io. The platform ensures trust through smart contract
audits, while its non-custodial architecture keeps funds secure. In
addition, a 24/7 Telegram Technical Support Chat is available for
assistance.
Anyone wishing to discover more about
CoinRaffle.io can visit the platform's website. The social
pages listed on the website (and below) also offer regular updates
and announcements.
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Disclaimer: The information provided in this press
release is not a solicitation for investment, nor is it intended as
investment advice, financial advice, or trading advice. It is
strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Mateo H.admin at coinraffle.io
Mateo H.
admin at coinraffle.io