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What is TokenWins ?

Introduction

Crypto Daily Draw is an innovative platform where users can participate in daily draws and win crypto rewards. Users can easily log in using their Metamask wallets and purchase draw tickets for a chance to win substantial prizes. This whitepaper explains the platform's operation, participation process, reward distribution, and general principles.

Purpose and Objectives

The main purpose of Crypto Daily Draw is to provide a fun and profitable lottery experience in the crypto world. Participants have the opportunity to win rewards by joining daily draws. The platform aims to offer a user-friendly experience and ensure a transparent reward distribution mechanism.

Login and Participation Process

Users log in to the platform using their Metamask wallets. The login process is straightforward and can be completed with just a few clicks. After logging in, users can purchase draw tickets by following these steps:
- Accessing the Buy Ticket Page: Users navigate to the ticket purchase page.
- Selecting Ticket Quantity: Users enter the number of tickets they wish to purchase.
- Purchasing Tickets: Users click the "Buy" button to complete their purchase.
During this process, the specified amount in USDT is transferred from the user's Metamask wallet to the platform's wallet via the BSC network.
**Each ticket costs 1 USDT.

Draw and Winner Selection

Throughout the day, the wallet addresses and ticket quantities of users who purchase tickets are listed on the same page. At the end of the day, when the countdown timer reaches zero, the draw process begins:
Creating the Draw List: Each ticket purchased adds the user's wallet address to the draw list. For example, a user who buys 5 tickets will be listed 5 times.
Random Number Selection: A random number is chosen based on the length of the draw list.
Determining the Winner: The wallet address corresponding to the selected random number index in the draw list is declared the winner.

Reward Distribution

All USDT collected from ticket sales throughout the day is pooled together. At the end of the day, he rewards are distributed as follows:
Commission Deduction: 10% of the total pool is deducted for expenses.
Reward Transfer: The remaining 90% is transferred as a reward to the winner's wallet address.

Draw Mechanics and Winning Chances

The draw system is based on ticket purchases rather than number selection, meaning the number of participants and tickets sold directly affects the chances of winning and the prize amount. As the prize amount increases, the probability of winning with a single ticket decreases. However, buying more tickets increases the chances of winning.

Transparency and Verification

Crypto Daily Draw operates on a fully transparent and verifiable system. Users can verify all transactions through the following features: Winners Page: Past winners and their prize amounts are listed on the Winners page. BscScan Integration: Users can click on the crypto wallets displayed on both the draw page and the Winners page to check the status of transactions on BscScan. This allows users to verify whether purchases and payouts have been correctly processed.

Conclusion

Crypto Daily Draw offers a transparent, user-friendly, and profitable lottery platform in the crypto world. With Metamask integration, users can easily log in and participate in the draws. This system, where a new winner is determined every day, provides an exciting experience for its users. The added transparency through BscScan ensures that all transactions are verifiable, enhancing user trust and confidence in the platform.

!!! Note : If only one wallet purchases tickets when the draw time arrives, no commission will be deducted for this user due to the lack of a luck factor.

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