Golden Bit
Objective: Be the last ticket holder remaining to win the game! 256 tickets, 1 winner. How to Play: Connect your wallet. Claim tickets. The game will start when all 256 tickets have been claimed. Rounds last for 30 minutes. Each round, half of the active tickets are selected at random and eliminated (using Chainlink VRF). Between rounds, users can list their tickets for sale or create offers on other users' tickets. Offers are held in escrow by the contract. When a round ends all listings and offers are cleared. Rejected or canceled offer funds can then be withdrawn by the submitting account. Rounds progress until one ticket remains. Pot Mechanics: Initial State: Tickets are free to claim at the start of a new game. Building the Pot: The prize pot grows from a 10% fee on all secondary market sales. When a ticket is bought or an offer is accepted, 10% goes to the pot. Additional Fees: A 5% marketplace fee is charged on all transactions, with 5% going to the dealer. Pot Rollover: When a winner is declared, they receive 90% of the final pot. The remaining 10% is automatically rolled over to become the starting pot for the next game. Current Game Variables: Total Tickets: 256 tickets per game Round Duration: 30 minutes (1800 seconds) per round Elimination Rate: 50% of active tickets eliminated each round Secondary Market Fee: 5% on all secondary market transactions Prize Pool Contribution: 10% of all sales goes to the pot Dealer Fee: 5% of all sales goes to the dealer Winner Payout: 90% of final pot to winner Pot Rollover: 10% rolls over to next game Network: Arbitrum One
About Golden Bit
Objective: Be the last ticket holder remaining to win the game!
256 tickets, 1 winner.
How to Play:
- Connect your wallet.
- Claim tickets. The game will start when all 256 tickets have been claimed.
- Rounds last for 30 minutes. Each round, half of the active tickets are selected at random and eliminated (using Chainlink VRF).
- Between rounds, users can list their tickets for sale or create offers on other users’ tickets. Offers are held in escrow by the contract.
- When a round ends all listings and offers are cleared. Rejected or canceled offer funds can then be withdrawn by the submitting account.
- Rounds progress until one ticket remains.
Pot Mechanics:
- Initial State: Tickets are free to claim at the start of a new game.
- Building the Pot: The prize pot grows from a 10% fee on all secondary market sales. When a ticket is bought or an offer is accepted, 10% goes to the pot.
- Additional Fees: A 5% marketplace fee is charged on all transactions, with 5% going to the dealer.
- Pot Rollover: When a winner is declared, they receive 90% of the final pot. The remaining 10% is automatically rolled over to become the starting pot for the next game.
Current Game Variables:
- Total Tickets: 256 tickets per game
- Round Duration: 30 minutes (1800 seconds) per round
- Elimination Rate: 50% of active tickets eliminated each round
- Secondary Market Fee: 5% on all secondary market transactions
- Prize Pool Contribution: 10% of all sales goes to the pot
- Dealer Fee: 5% of all sales goes to the dealer
- Winner Payout: 90% of final pot to winner
- Pot Rollover: 10% rolls over to next game
- Network: Arbitrum One
