Crypto Prophecies - Whitepaper
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Daily prize
Daily prize draw
All daily players will be entered into a daily prize draw, where each game played gives that player tickets for the daily prize draw. If the player wins the battle, tickets are issued based on the Prophet used tier multiplier and the wager placed. If the player loses the battle, tickets are issued on a one-to-one ratio with the size of the wager.
The more games a player plays, and the higher the wagers placed, the more chances a player has at winning in the daily prize draw.
Prophet rarity multipliers
The rarity tier of the Crypto Prophet used for the battle defines the prize draw ticket multiplier per winning battle are issued.
Win multipliers are different for each rarity tier
Example ticket issuance
Here we illustrate how different wager sizes and different Prophet rarity multipliers affect the number of prize draw tickets issued per game.
Prophet tier
Wager
Battle result
Multiplier
Tickets
Common
1,000
Win
1:1
1,000
Common
1,000
Lose
1:0
0
Uncommon
1,000
Win
1:2
2,000
Uncommon
1,000
Lose
1:1
1,000
Rare
1,000
Win
1:4
4,000
Rare
1,000
Lose
1:1
1,000
Epic
1,000
Win
1:8
8,000
Epic
1,000
Lose
1:1
1,000
Legendary
1,000
Win
1:16
16,000
Legendary
1,000
Lose
1:1
1,000
Founders
1,000
Win
1:32
32,000
Founders
1,000
Lose
1:1
1,000
Daily prize pool
The daily prize pool is generated from forty percentage(40%) of the Kingdom fee so that it becomes a community pool and grows in size based on the number of games played and the number of wagers placed in any given day.
Number of daily prizes
Every day there will be a total of 25 winning tickets drawn at random using an on-chain random number generator (RNG), with the accumulated daily prize pool being distributed as follows:
Winning ticket number(s).
Percentage of daily prize pool
1
15%
2
10%
3
7%
4 to 10
5%
11 to 19
3%
20 to 25
1%
​
100%
Prize pool top-ups
The daily prize pool may be topped up using the TCP Ecosystem allocation at the discretion of the managing team.
Smart contract governance
The daily prize draw will be governed and executed via a smart contract.
Last modified 1yr ago