Quote from: gold969 on December 07, 2017, 04:37:50 AM

Quote from: WinTokens on December 06, 2017, 07:15:10 PM

How does WinTokens make money?

WinTokens makes money by taking a cut of the proceeds. With each draw, 20% of the proceeds goes to the winner, 30% to the jackpot, and 25% to the charity and 25% to the system fee. The system fee funds development, maintenance, marketing, sales and market development.

All payments to the platform and payouts to winners and charity partners will be via the WIN token. The WIN token is ERC-20 compliant, and will be listed in major exchanges allowing for the conversion to BTC, ETH, fiat currency, or other crypto tokens.

maybe I did not understand correctly ... do you only have a 50% prize fund? the rest for development and so on? I think that under such conditions there will be few who want to play .... good gaming profit is from 3-5%

Thank you for your question.

WinTokens is a 50/50 raffle draw where 50% of the funds goes to the winner and the other 50% goes towards charities and covers operational costs. In a gaming raffle, players purchase tickets that get entered into a draw, and the winner walks away with 50% of the total raised. Many traditional 50/50 raffles have high operational, marketing and administrative costs, leaving the charity with very little to support their cause. WinTokens will cover all development, operational, and marketing costs with the 25%.

A raffle game is more similar to a lottery game rather than a slot game.

When you are referring to a gaming profit of 3%-5%, I believe you are referring to slot game operations where games are deployed at 95%-97%. The WinTokens team has developed and launched a wide variety of those games for casinos, video lottery terminals (VLTs), and online slot platforms in which case those games employ a math model giving 3%-5% gaming profit.

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