Viral Vault
  • Welcome
  • Getting Started
    • Requirements
    • Quick Start Guide
  • Technical Overview
    • Architecture
    • Smart Contract
  • Raffle System
    • How Raffles Work
    • Entry Process
    • Threshold System
    • Winner Selection
    • Pricing Transparency
  • Rewards
    • Referral Program
    • Free Giveaways & Community Raffles
  • Roadmap
    • Roadmap: Community Voting System
    • Roadmap: User-Created Raffles
  • Prizes & Delivery
    • Prize Claims
    • Shipping Information
    • International Winners (Outside of US)
  • Refund System
    • Refund Eligibility
    • Claiming Refunds
  • Support & FAQ
    • Contact Information
    • Frequently Asked Questions
  • Terms & Conditions
  • Official Links
    • Website & Main Platform
    • X / Twitter
    • GitHub
    • SOLSCAN (Smart Contract Address)
    • SolanaFM (Smart Contract Address)
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  1. Raffle System

How Raffles Work

Solana-powered raffles with transparent entry thresholds. Purchase tickets with SOL, winners selected through verifiable random selection once threshold met.

Raffle Lifecycle

  1. Creation Phase

    • Our team creates a new raffle with a specific prize

    • We set parameters like ticket price, minimum tickets required, and duration

    • All prize details and high-quality images are published on our platform

  2. Active Phase

    • Users can purchase any number of tickets using SOL

    • Each ticket purchase is recorded on the Solana blockchain

    • Users receive sequential ticket numbers for each purchase

    • The system tracks all ticket ownership on the blockchain

  3. Drawing Phase

    • Once the raffle end time is reached and minimum ticket threshold is met, the drawing begins

    • Our smart contract draws a random winning ticket number using blockchain randomness

    • The smart contract then identifies which user owns the winning ticket

    • The winner is announced on the platform

  4. Claiming Phase

    • The winner has 48 hours to claim their prize

    • Winner submits required verification information securely

    • After verification, we arrange shipping of the physical prize

    • The entire process is recorded on the blockchain for transparency

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Last updated 2 months ago