Onchain Raffle
A raffle type game using ERC721 and ERC20 enabling a unique economic mechanism.
About
### Rules A Ticket is your entry into this game. You can acquire one through minting. Each mint costs some ETH. Minting a ticket increases the price of the next ticket. The first person to mint starts a 7 day countdown. The countdown resets after every mint. If nobody else mints until the countdown runs out, the last person who minted wins the Big Prize. ### The twist Once your ticket is no longer the last one, do not despair. The game just started. Tickets work in tandem with Tokens enabling a unique cryptoeconomic mechanism. Ticket holders have a powerful choice to make: Either hold your ticket, betting on the long term success of the game OR burn your Ticket for a fixed amount of Tokens. Tokenomics Proceeds from each ticket mint are split in the following ways: 1. Big Prize: The last minter claims this amount. 2. Uni LP Fund: This amount funds the Uniswap liquidity Pool for Tokens. 3. Ticket Holders Distribution: When the game ends, the remaining ticket holders share this amount equally. 4. Team.
How it's made
React with wagmi and rainbowkit for frontend, solidity backend containing 4 contracts - vending machine, allowing users to mint & burn tickets, claim tokens and keeps the accounting - uniswap Funder, which periodically funds the uniswap pair - ticket, the NFT contract - token, the ERC20 contract