FAQs

GENERAL

What is Crypto Victors?

Crypto Victors is a cryptocurrency based raffle that enables players to take part in order to win a particular prize (generally a lump sum in crypto)

What is Cryptocurrency?

Cryptocurrency, commonly called crypto, is a form of digital currency which is decentralized and functions via peer to peer networking.

What is a Raffle?

A raffle is a competition whereby people purchase numbered tickets with each ticket having the chance to win a prize if their number is drawn.

What is the difference between a Raffle and a Lottery?

The fundamental difference between a raffle and a lottery is that in a raffle there is a guaranteed winner.

How are the numbers drawn?

Initially we will be using the third-party draw services of random.org , who are the biggest random number generating service, while we await delivery of our own lottery drawing machine which will enable us to stream all drawings LIVE for participants to watch.

How many winners are there each draw?

While there is only 1 winner for the main prize each draw, the 9 runners up will receive a small amount of crypto for getting close.

I don’t own any cryptocurrency, can I still play?

Players will be able to make payment with a credit/debit card, although users paying with cryptocurrency receive 10% off ticket prices.

GAMEPLAY

How do I take part?

Taking part is easy: simply pick your numbers, answer the skill based question and then make your payment in order to lock in your tickets.

Does buying more tickets increase my odds?

Unlike in a lottery, in a raffle buying more tickets does directly increase your odds of winning due to there being a set number of tickets and a guaranteed winner each draw.

When do draws take place?

Draws will take place within one hour of all the tickets being sold, or a maximum of one week, whichever comes first.  We are set up to run a new competition every single hour if the demand is there.

How do I watch the draw?

Around 45 minutes before the draw you will receive an email with a link directing you towards the live draw.

How are my winnings paid?

As soon as the winner has been drawn, we will send your winnings to the bitcoin address you provided on signup.

I came runner up, do I have to spend my winning on Crypto Victors or can I use it elsewhere?

As a runner up, you will be receiving your bitcoin in your own wallet and therefore are free to spend it as you please.

CRYPTO VICTORS

How often will there be draws?

Our aim is to eventually run draws giving away $10k in cryptocurrency every single hour.

Is there a guaranteed winner every single draw?

Yes, there will be a winner every single draw as well as several runners up.

Will there ever be prizes other than cryptocurrency?

Yes, we aim to diversify the prize pool in the future by introducing other prizes such as Rolexes, Tech Bundles and even cars.  If you have any good ideas for prizes please feel free to reach out to us.

What is the Crypto Victors token?

The Crypto Victors token is a loyalty token that players receive each time they take part in one of our competitions.

What can I do with my Crypto Victors tokens?

Your Crypto Victors tokens can be used to enter more raffles, including the exclusive $100k mega raffle, at a discount.

Has Crypto Victors conducted an ICO then?

No, there has been no Crypto Victors ICO and therefore tokens and discounts are limited solely reserved for loyal players.

Will Crypto Victors ever conduct an ICO?

There is no Crypto Victors ICO planned at the moment, however it may be considered in the future in order to be able to offer larger ticket prizes such a supercars.