🧇Raffle
We will raffle our own or other collection NFTs and WL spots. Each raffle will have a different price per ticket depending on the NFT we are raffling out, but most of them will have a 1 Matic per ticket price. We got verified on https://polygon.maxis.gg/, a platform that seems to be pretty popular on Polygon. they do not accept any collection and we needed to provide information to them few times before they consider verifying us. We will conduct some of the raffles on their site.
There is the risk for a raffle to not sell out, in which case all the funds from the raffle will go back to their respective collection treasury . If the raffle is successful, find below more information on the funds distribution, based on what we raffle:
Little Dragons
The funds from each raffle will be split in cost and gain.
The cost will represent the price we payed for the NFT we raffle and that will go back to our treasury for future buys
The gains will be split as follows:
80% of the gains will be used to buy more Pumpkins for the treasury or other popular collection NFTs for future raffles. Once the treasury secures a nice amount of Pumpkins, the value of a Dragons will grow so we will start buying the floor of the Dragons and burn them to reduce the supply and increase their value.
20% will go to the team
Raffle page link will be posted for every raffle, on our social media pages (Telegram, Twitter, Discord)
Pumpkin Bounty
The funds from each raffle will be split in cost and gain.
The cost will represent the price we payed for the NFT we raffle and that will go back to our treasury for future buys
The gains will be split as follows:
100% to Mint and Burn until we are minted out.
After we mint out, 80% of the gains will be added to the final pot and 20% will go to the team
Raffle page link will be posted for every raffle, on our social media pages (Telegram, Twitter, Discord)
NFTs from other collections
The funds from each raffle will be split in cost and gain.
The cost will represent the price we payed for the NFT we raffle and that will go back to our treasury for future buys
The gains will be split as follows:
40% to Pumpkins Mint and Burn fund until mint out then will be added to the final pot.
40% to Dragons treasury to buy back and burn or to increase the Pumpkins holdings to increase the collection value.
20% will go to the team
Raffle page link will be posted for every raffle, on our social media pages (Telegram, Twitter, Discord)
Matic Raffles
The funds from each raffle will be split in cost and gain.
The cost will represent the amount of Matic we set as the prize and added to the raffle contract for the winner. That amount will be used to redo the raffle.
The gains will be split as follows:
70% to Pumpkins Mint and Burn fund until mint out then will be added to the final pot.
30% to Dragons treasury to buy back and burn or to increase the Pumpkins holdings to increase the collection value.
Raffle page link will be posted for every raffle, on our social media pages (Telegram, Twitter, Discord)
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