[ANN / WTS] ❄️🔑 Coldkey Raffle 🔮 — 1st Edition // 1st prize up to 0.192 BTC

[yogg]

Coldkey Raffle — 1st Edition

We are proud to announce to you today the 1st Coldkey Raffle.
We wanted to make a fun Collectible with a quirk and this one comes with an event.

There is 256 Tickets, each one has a unique Private Key.

Sales will remain open until the 15th of December 2022
— OR —
Until the 256 tickets have been sold.

Each Ticket requires a 0.0025BTC funding.
100% of the funding goes to a Prize Pool.

When sales are over, we will organize a good old fashioned Bitcointalk raffle.
Usually tickets go from 0 to F (hex) which represents 16 different tickets,
we will go from 00 to FF and this represents the set of 256 physical tickets.

I will pick a block that will come up around 2 weeks after the sales ended.
This will let enough time for last shipments to arrive.



Random tickets will be picked using the last two digits of a Bitcoin block to be generated.
A list of all the addresses associated with 2 hex digits will soon be available.



100% of the Prize pool is redistributed.
It will be held at the following address : >> bc1qr88xt0jurmpvv93l66zquk5srkqntpva9ug5m4 <<

The Prize structure is as follows :

Winner Payout \\ Number of tickets playing	0-40	41-80	81-120	121-160	161-256
1st	50%	40%	40%	33%	30%
2nd	25%	25%	23%	21%	18%
3rd	12.5%	13%	13%	12%	11%
4th	12.5%	10%	8%	8%	8%
5th	X	6%	6%	6%	6%
6th	X	6%	4%	4.5%	4.5%
7th	X	X	3%	3.5%	3.5%
8th	X	X	2%	2.5%	2.5%
9th	X	X	1%	2.5%	2.5%
10th	X	X	X	2%	2%
11th - 15th	X	X	X	1%	1%
16th - 24th	X	X	X	X	0.875%

A few precisions :

How does this release works :

Each Ticket has only an ID.
No serial number, and it doesn't display a public address.

We will hold a Raffle event and the ghost of Satoshi will pick the winning ticket.
The addresses will be funded accordingly.
You will need to peel the ticket and redeem it to check if it holds a prize.
Each ticket can win only once.

I keep track of which Ticket ID is assigned to which order.
That way and for transparency purposes only, I'm able to tell which customer got winning tickets.
I will not be releasing this information.

About the Physical Coldkey :

We are not fully satisfied by the quality of these Tickets.
Our laminate layer is too strong and doesn't allow to easily break the card into individual parts.

We have some loose ones, but unfortunately some of these might have some minor imperfections.
Like a rough edge, having a straight cut but at an angle, etc …
We will experiment with more physical cards and different laminate layers before releasing any more Coldkey that splits.

Orders for multiple tickets will contain uncut "tri-cards".
(If you get 8 tickets, you will get 2 full uncut cards and 2 loose tickets)




Price :
- 25 € per Coldkey Raffle Ticket.
 >> https://www.coldkey.eu/product/coldkey-raffle-1st-edition/ <<

Funding :
Each Ticket requires a 0.0025BTC funding to ship.

Get yours by placing an order on our shop !
>> https://www.coldkey.eu/shop <<

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[yogg]

(reserved)

[yogg]

(reserved)

[Hookzup1]

This looks fun, thanks for hosting, I'll order on the site asap

[geophphreigh]

Wonderful Yogg. So glad to see new stuff. Can't wait to participate. Will order now!
Geo

[yogg]

This looks fun, thanks for hosting, I'll order on the site asap

Wonderful Yogg. So glad to see new stuff. Can't wait to participate. Will order now!
Geo

Thank you very much
I wanted to try something different.
If I'm not mistaken, I think I remember some "Bitcoin Cereal box" that were funded with various amounts ?
Anyway I really like this idea. Thanks for participating !!

This is going to be a fun event !
I wish you the best of luck and hit one of those huge prizes


We already have 0.0375BTC in the Prize Pool escrow address.

[yogg]

I keep track of which Ticket ID is assigned to which order.
That way and for transparency purposes only, I'm able to tell which customer got winning tickets.
I will not be releasing this information.

what I do not get yet (maybe I'm misunderstanding the rules): how is the respective hex assigned to each ticket-ID?

I understand and appreciate that you will not release the information; however, also for transparency purposes only ( ): in the unlikely case that not all tickets are sold, will you disclose in advance which IDs are not taken and will not be assigned to a hex-spot?

Hey haloxon !

Let me explain a bit more in depth.
There is no association between hex and ticket IDs.

A different hex will be assigned randomly to each public address.
Only I know which address is on which ticket ID.

I'll update the thread very soon with the list of 256 addresses, with hex and status ("In play" // "Inactive").
Hopefully this will make things more straightforward.

When a ticket is sold, I will update the list and change the address from "Inactive" to "In play".
Unsold tickets will remain "Inactive" and will be destroyed.
The status of the event will be updated regularly.

I absolutely understand your concern.
This is for this exact reason I chose to keep track of what ticket IDs are shipped in individual orders.

[chronicsky]

This seems fun

Gonna order some!!

[yogg]

thanks for the further explanation. so this means, just by knowing the own ticket-ID and the blockchain-picked hex, one will still not know if s/he has won or not, but only by peeling the ticket, meaning every ticket-holder has to peel its coldkey - is my understanding correct?

Yes, that is correct. :-)
This was the desired outcome.

This also implies that if the big prize doesn't move from it's address, it means the winning ticket most likely hasn't been peeled yet.

What are your thoughts about it ?


Wow  
Already 36 tickets sold !

We now have 0.09BTC in the Prize Pool escrow address

Lots of players means bigger prizes.
Come join the fun.  
All that is required to win is to hold one ticket.  

[cygan]

i also like the new innovative idea by yogg and have also ordered a few raffle tickets right now
even if you don't win or don't peel the tickets, i think they will have a certain collectors value later on

[cygan]

if you don't have tickets for the ColdKey raffle yet - grab them as long as they are still in stock
prize pool has now increased to 0.105BTC 👉https://mempool.space/address/bc1qr88xt0jurmpvv93l66zquk5srkqntpva9ug5m4

[cygan]

if you don't have tickets for the ColdKey raffle yet - grab them as long as they are still in stock
prize pool has now increased to 0.105BTC 👉https://mempool.space/address/bc1qr88xt0jurmpvv93l66zquk5srkqntpva9ug5m4

BTCump

[Tibu]

Hey Yogg,

Satochip here 
What a fucking gr8 idea you have here ! I might buy some tickets.
When did you plan to do the lottery ? If i'm right, by the end of the year. Right ?
Who's holding the current BTC pool prize address ? You ? I hope you will not lose the keys 

Thank you.

[cygan]

Hey Yogg,

Satochip here 
What a fucking gr8 idea you have here ! I might buy some tickets.
When did you plan to do the lottery ? If i'm right, by the end of the year. Right ?
Who's holding the current BTC pool prize address ? You ? I hope you will not lose the keys 

Thank you.

maybe i can already answer some things for yogg
the lottery is supposed to take place at the end of the year... maybe this will be extended. but more details will be announced by yoggie to the whole community...
and the complete prize pool is of course hold by yogg who also created the BTC address

[cygan]

Sales will remain open until the 15th of December 2022
— OR —
Until the 256 tickets have been sold.

status: only 2 days left, more than 210 tickets still available (meaning only 40+ tickets sold) ...
question: will entry definitely close the day after tomorrow or will the raffle be extended?

the raffle will be extended by 1-2 months in any case
thus can still further interested parties in this still participate

[Suzuki Matt]

Will this be extended?

[owlcatz]

Will this be extended?

the raffle will be extended by 1-2 months in any case
thus can still further interested parties in this still participate

[YodasRedRocket]

In case you didn't see the Watch Out thread... anyone who sent funds for this raffle.. they're gone!

https://bitcointalk.org/index.php?topic=5434506.0

[Kryptowerk]

WARNING - DO NOT SEND ANY FUNDS TO ADDRESS IN OP.

See the thread here for more info:

In case you didn't see the Watch Out thread... anyone who sent funds for this raffle.. they're gone!

https://bitcointalk.org/index.php?topic=5434506.0