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Author Topic: New monthly Bitcoin raffle site!800 Mh/s - 20.000$ - 0.01 btc 2*kncminers prize!  (Read 868 times)
luckyknc (OP)
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July 21, 2014, 03:36:42 PM
Last edit: July 27, 2014, 05:15:10 PM by luckyknc
 #1




Let The Game Begin! 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD

We would like to introduce you to our new bitcoin raffle site!

PROCEDURE
We will be running a series of raffles, starting with a paid pre-order of KNC which contains 2 * first batch KNC Titan Miners as a prize. An innovative algorithm based on the Bitcoin Blockchain (bitraffle.info), will be turning the wheel, so that the outcome can be unpredictable, yet verified independently. (Source code available here: github.com/erasmospunk/bitraffle )All transactions will be held through Escrow.
The winner will be chosen at random on the drawing date (estimated time 15th of August) at block height 317390 by the bitRaffle algorithm. The algorithm will automatically calculate the amount of tickets bought and draw the ticket with the lowest hash value! “A Bitcoin block is very difficult to generate and the resulting hash is unpredictable we can safely assume that it is impossible to cheat.” When the drawing ends, everyone will be able to verify the winning ticket.

Buy at least 1 ticket for 0.01 btc and get a chance to raffle off a Titan Miner! For every 5 tickets you buy get 1 for free!

Btc address 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD

OFFERING DETAILS
The prize is  a pre-order of KNC which contains 2 * first batch KNC Titan Miners 400mh/s (order No 21XXX, i.e. item is already paid but not received.) After the drawing and the verification process ends, the winner’s name and address will be entered into our KNC account.

TERMS AND CONDITIONS
1.   The winner's prize is a paid pre-order of KNC which contains 2 * first batch KNC Titan Miners 400 Mh/s (not an actual Titan Miner) or the pot (minus a "rake" of 5% of the pot and a transaction fee of 0.0002 BTC per kilobyte).
2.   The minimum total amount of tickets bought for the lottery is 5000 in order to cover our expenses for the Knc Titan Miners.
3.   If the aforementioned minimum amount is not reached, the draw will still be held and the winner will be given the btc gathered from the tickets (minus a "rake" of 5% of the pot and a transaction fee of 0.0002 BTC per kilobyte).
4.   There will not be a maximum limit to the number of tickets.
5.   Participants will be refunded if:    1) verification of the outcome unquestionably fails
                                                       2) for any reason the draw fails to take place
6.   The total amount of btc will be held by Escrow service and will be released only after the
outcome is verified and our KNC account transferred to the winner-NOT when the item is delivered to the winner as the specific day of the delivery is a responsibility of KNC*.For more info on the KNC terms and conditions, please see below.
7.     Our KNC account will be transferred to the winner or the pot will be sent to his btc address by escrow.
8.   After buying your ticket, you will not be able to cancel your participation and request a
refund unless the aforementioned conditions are not met.(see case 4 of terms of use)
9.    Winner is responsible for any fees required for delivery (such as customs fees), and is responsible for any taxes that their local jurisdiction may place on them.
10.    The transaction must receive its first confirmation in a block BEFORE block 317390, so that an entry is valid.
11.  In case that two or more users claim the same transaction as their own, they will be required to sign a message to prove that they own the private key of the address from which the payment originated.
12. If the winner cannot be identified or nobody claims the prize for 1 week the funds will still be released and ticket with the second lowest hash gets the prize.

*Knc Terms and Conditions taken from the site
The stats and performance that we can release today are
•   Minimum 300/MH/s of performance from a 28nm chip
•   Uses a Standard ATX power supply (customer supplied ATX)
•   Based on the existing Jupiter form factor
•   Shipment begins Quarter 2 / Quarter 3
•   Payment for this product is bitcoins, Litcoins and bank transfer only
as this is KnCMiner we of course reserve the right to increase the performance at any time, Note** this is a preorder all customers are reminded to please read the terms and conditions carefully before ordering. This product is nonrefundable

Ladies and gentleman, place your bets!

Raffle off 2 * Titan Miners for 0.01 btc! BTC address 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD !

Many thanks to erasmospunk! Donations at 1DMVjVxstZZgPNrKMgwiQDojSSdJHjX8yD

http://luckysatoshi.org/
source code https://github.com/luckyknc/luckysatoshi/tree/gh-pages

luckysatoshi team

P.m or Post for details!


Let the game begin!

luckyknc (OP)
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July 21, 2014, 03:46:57 PM
 #2

Escrow service is available!

Updated Escrow agreement allowing the winner to choose to receive 95% of the balance (after bitcoin transaction fee is paid) in place of the preorder shipping info if they prefer:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Escrow ID: 201407132200

The escrow address for the raffle beginning on 2014-07-13 and run by luckyknc will be:

1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD

Please understand this is done as a community service for users of bitcointalk, there is risk associated with holding the escrowed Bitcoins, and facilitating  this transaction will require time and attention. As such, if it does not represent a burden to do so, please consider sending a bitcoin gratuity to 1JDjY2PLWtPifW4hxTpeVBAybBZwJwzdj4 (valid for this raffle only) after the satisfactory resolution of this raffle.

The fine print:
This Contract is solely generated for the purpose of facilitating the raffle advertised on the morning of July 12 by the user identified by the luckyknc pseudonym used on bitcointalk.org

The escrow holder, Daniel Hamilton (pseudonym DannyHamilton), assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arise, he will strive to release escrow in a way that honors the sprit of the published rules of the raffle to the best of his ability.

The winning entry will be chosen according to the independently verifiable process described at bitraffle.info.

No party should fund the escrow address until luckyknc has confirmed that he agrees with the terms of escrow release. If no other conditions are received, the default conditions of the contract assume:

If there are less than 400 entries into the raffle, then the there will be a 0.0002 BTC per kilobyte transaction fee paid from the escrow funds to the miner that confirms the transaction that releases the escrow. 95% of the remaining balance will be sent to a bitcoin address of the winner's choice.

If there are 400 entries or more, the winner will have their choice of either receiving 95% of the remaining sum of all entries after the transaction fee is paid or having their name and address entered into the shipping information on luckyknc's paid preorder for a first batch KNC Titan Miner 400 Mh/s.

If there are less than 400 entries, or if the winner chooses the option to receive 95% of the remaining raffle balance after transaction fees are paid, the remaining 5% of the balance will be awarded to luckyknc to compensate him for sponsoring the raffle.

If there are 400 or more entires and the winner chooses to have their name and address entered into luckyknc's preorder, the entire balance of the escrow address will be released to luckyknc after the winner's name and address are entered into the KNC pre-order shipping information. Release of escrow will not be dependent on the actual KNC Titan Miner being received. The specific day of delivery is a responsibility of KNC, and neither the raffle provider nor the escrow provider is responsible for any failure of KNC to honor the pre-order. PLEASE NOTE, THE ESCROW PROVIDER CAN ONLY MAKE SURE THAT THE WINNER'S NAME AND ADDRESS ARE ENTERED AS DELIVERY INFO. ONCE ESCROW IS RELEASED THERE IS NO WAY FOR THE ESCROW PROVIDER TO PREVENT THE RAFFLE PROVIDER FROM CHANGING THE NAME AND ADDRESS BACK.

If the winner of the raffle chooses control of the pre-order, they will be solely responsible for any fees required for delivery (such as customs fees), and are responsible for any taxes that their own local jurisdiction may place on them.

To be a valid entry into the raffle, the transaction must receive its first confirmation in a block before 317390.

It is VERY IMPORTANT that all raffle participants post the transaction ID in this thread after they send bitcoins to the excrow address so they can be identified for payout at the end of the raffle.  If the winner cannot be identified, or nobody claims the prize for 7 full days after the end of the raffle, the prize will instead be awarded to the next lowest hash.

In the case that two or more users claim the same transaction as their own, they will be required to sign a message to prove that they own the private key of the address from which the payment originated.

There will be no maximum limit to the number of entries allowed in this raffle.

If a situation arises that reults in it not being possible to verify the winner of the raffle, then all participants will be refunded their entries.  This is the only situation where a refund will be allowed.

The written acceptance by luckyknc and/or the addition of the escrow address above to the luckysatoshi.org website constitutes the acceptance of the terms and conditions stated, and the activation of this agreement.

Thank you,
DannyHamilton (the escrow holder)

2014-07-13 22:00 CDT (UTC-05:00)
Edit: Updated 2014-07-17 13:00 CDT to allow the user the option to choose to receive the BTC payout instead of the pre-order.
Escrow: 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD (valid for this transaction only)
Tips: 1JDjY2PLWtPifW4hxTpeVBAybBZwJwzdj4 (valid for this transaction only)

-----BEGIN PGP SIGNATURE-----
Version: GnuPG/MacGPG2 v2.0.22 (Darwin)
Comment: GPGTools - https://gpgtools.org

iQEcBAEBCgAGBQJTyAqbAAoJEN6cvAAgyl4FuTYIAIpAX9q6JOehPtbXlLx5nPoo
a5nEZ9aU2DDywTLUzV4lnzSpDTmoMJgIQKPAJv32AdQjeeuV5F1D/YSsjgsOgHL3
u2w2degAUohoga9KyVCDtd+HNE2Wi5AihzI4UBd4UKX8Ix4dNYEcghIfSIcyMegN
fYJuTijEsAU7ktLTDQ2J2Tj6RL8siW0FO0U+OVHA32XNPUnHBhI22DXCKOtmrhFG
KvXzc0rTtx0T4aZb2I3nzMRfxk36uDlduPje0XYsUtGdjB7OOnvJ8m1gFzFLO2q0
6l0/HXYdXqxVmqAHSM/NtolU1Z0AvWR4GSQGN1vKyfh5ByfN6BAD0tbynQqjsls=
=PwQV
-----END PGP SIGNATURE-----

luckyknc (OP)
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July 21, 2014, 07:19:08 PM
 #3

What would you say if we change the rules a bit :

    Raffle off 2 KNC Titan Miners (so the miners can be escrowed)
    Change ticket price to 0.01btc (that means 0.01 * 5000 minimum amount of tickets)


Or keep the game as it is!?!

Please post for feedback/questions.

Lucky Satoshi Team
http://luckysatoshi.org/

luckyknc (OP)
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July 27, 2014, 05:14:13 PM
 #4


4644 blocks left !

Do you feel lucky? http://luckysatoshi.org 

0.01 per ticket 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD

Prize 2* KNC Titan Miners first batch!!

800 Mh/s - 20.000$ - 0.01 btc!

p.m post for questions/feedback

luckyknc (OP)
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July 28, 2014, 01:23:41 PM
 #5


4528 blocks left !

Do you feel lucky? http://luckysatoshi.org 

0.01 per ticket 1MkcdKa3osFpgEcrKsArF7KCE3WULe49jD

Prize 2* KNC Titan Miners first batch!!

800 Mh/s - 20.000$ - 0.01 btc!

p.m post for questions/feedback

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