RYFTS is a decentralized raffle platform based on Etherum Smart Contracts. By incorporating the cutting edge benefits and features of smart contracts, blockchain technologies and random number generation, Ryfts provides an honest and totally transparent gambling experience to all people across the world.
Token Utility/Function: An RFT token serves as a ticket-purchasing medium for participating in raffle draws. It also serves as an accumulative means for rewarding certain RFT token holders with special privileges represented by holding premium accounts and participating in weekly free draws.
Ryfts is an anonymous raffle platform with an international magnitude that stirs clear from the conventional lottery systems by implementing a variety of refreshing and convenient game models opposed to only one fixed model that’s used by traditional lotteries. In this case, each player chooses the most appealing combination of odds, pool sizes, duration of the betting rounds and the final prize amounts. So while traditional lotteries rely heavily on enormous pools and prizes that greatly diminish each player’s odds and that requires extensive periods of time to deliver, Ryfts depends on dynamic, integrated models that provide the players with unmatched flexibility in choosing and knowing how much they want to bet, how many players they’re going to compete against and for how long they’re going to wait for the delivery of the prizes while keeping it all as simple, transparent and accessible as possible.
You may ask any questions regarding Ryfts in any of our contact channels and we will always try to give you a timely answer.
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There are countries that clearly prohibit gambling, but the real problem is not on gaming itself.
The problem is the circulation of money in extreme opacity.
Block chains solve this problem. I like projects that solve something confusing in this way due to opacity. It is an ideal block chain usage.
The team is also familiar with the industry.
We look forward to MVP for how it actually works.
Direct Marketing Manager,ICO produce Rated on Oct 9, 2018
5
5
4
19%
Lottery is very popular in Japan, but the problem is that there are central administrators and their work is uncertain. By implementing Smart Contract on behalf of the administrator, this makes it much more transparent.
Today there are many variations on distributed platforms, which may not be that unique idea.
However, immediate dividends and automatic compensation and their mechanisms are very unique and can be expressed as a definite USP.
It seems to me that the team is rich as well. The demonstration is good. We look forward to MVP.
Account and Investor Relations Manager at Utopian Capital Rated on Sep 19, 2018
2
3
2
12%
Incorporating the cutting edge benefits and features of smart contracts leave a lot to be desired. You need to get an ICO advisor knowledgeable in this niche. The roadmap needs to be clearly defined for the whole pre-ICO, ICO and post-ICO process to make your investors more confident.
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