Practical Utility
Jack's Raffle
Utilizing Bitcoin block hashes for weekly draws, raffle offers a tiered reward structure where holders can win parts of a dynamically scaled prize fund. Features include multiple holder tiers, a cumulative jackpot for all participants.
*Holder tier structure:
Tier
Holder Tier 1
Holder Tier 2
Holder Tier 3
Holder Tier 4
Holder Tier 5
Holding Amount ($JACK)
150,050+
75,050-150,000
25,050-75,000
5,050-25,000
2,500-5,000
% of Prize Fund
100%
80%
40%
20%
10%
