Project Description
Binance BNB Jackpot ($TICKET) is a project that aims to create a decentralized platform for provably fair games and lotteries. We aim to make every element of the platform decentralized and verifiable by any user. To this end, we have issued the $TICKET token, which has only pool of 2 million. Each $TICKET is meant to be a pass to lotteries on the platform, and users holding such a token are guaranteed infinite participation in subsequent lotteries - all they need to do is hold the token in their wallet at all times. We want to reward those who trusted us earlier and allowed us to fund the project.
Our ICO TICKET LOTTERY has a prize pool of 700 BNB and every $TICKET token holder automatically participates. Each $TICKET token is a single ticket within this lottery.
The motive behind the $TICKET token is fairness and transparency in draws. That's why we implemented the Provably Fair mechanism. It works in such a way that we have Server Seed, which is hidden until the draw. Public, on the other hand, is the hash created from this Server Seed, which guarantees that Server Seed was unchanged from the start of the lottery. The second variable involved in the draw is the latest hash of the Binance BNB block at the time of the draw. Such a solution guarantees that all data affecting the draw is public and independent of anyone. After the draw, you can verify that everything went according to the Provably Fair algorithm by python code that is published on the website.