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The document describes the terms and conditions for a golden ticket contest that will run for 6 months. After the contest ends, a provably fair lottery drawing will be conducted to select the winner of a Lamborghini Huracan or $200,000 in bitcoin. The lottery uses multiple steps including publishing ticket information and a future bitcoin block hash to ensure the drawing is truly random and fair. The winner must claim the prize within 180 days or it will be forfeited.
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0% found this document useful (0 votes)
99 views2 pages

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The document describes the terms and conditions for a golden ticket contest that will run for 6 months. After the contest ends, a provably fair lottery drawing will be conducted to select the winner of a Lamborghini Huracan or $200,000 in bitcoin. The lottery uses multiple steps including publishing ticket information and a future bitcoin block hash to ensure the drawing is truly random and fair. The winner must claim the prize within 180 days or it will be forfeited.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as TXT, PDF, TXT or read online on Scribd
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more_tokens_text"></span></p></div><p id="golden_tix_2x_promo" style="font-

weight:bold;color:red;display:none;">Buy 1 Golden Ticket and get 1 FREE!</p> <div


class="row" style="margin-top:20px;margin-bottom: 20px;"> <div class="large-7
small-12 large-centered small-centered columns change_size_css"> <div class="large-
12 small-12 columns center reward_table_box table_header_background br_5_5"> <div
class="center" style="margin:auto;">BUY GOLDEN TICKETS</div> </div> <div
class="large-12 small-12 columns center reward_table_box reward_table_box_container
effect2"> <div class="large-6 small-12 columns center reward_table_box
reward_table_box_left"> NO. OF TICKETS </div> <div class="large-6 small-12 columns
center reward_table_input reward_table_box_right"> <input type="text" style="text-
align: center; color: #000; border-radius:3px;"
id="golden_lottery_tickets_purchase_count" placeholder="Enter no. of tickets">
</div> <div class="large-12 small-12 columns center" style="height:10px;"> </div>
<div class="large-6 small-12 columns center reward_table_box reward_table_box_left
"> PRICE PER TICKET </div> <div class="large-6 small-12 columns center
reward_table_box reward_table_box_right"> <span>0.00025000</span> BTC </div> <div
class="large-12 small-12 columns center" style="height:10px;"> </div> <div
class="large-6 small-12 columns center reward_table_box reward_table_box_left">
TOTAL AMOUNT </div> <div class="large-6 small-12 columns center reward_table_box
reward_table_box_right"> <span
id="golden_lottery_total_purchase_price">0.00000000</span> BTC </div> <div
class="large-12 small-12 columns center"> <button
id="purchase_golden_lottery_tickets_button" class="orange_button center"
style="margin:auto; margin-top:10px;">BUY</button> </div> </div> </div> </div><div
align=center class="cross_promo_msg_div"></div><div class="row" style="margin-
top:20px;margin-bottom: 20px;"><p class=bold>PREVIOUS ROUND WINNERS</p><div
class="large-7 small-12 large-centered small-centered columns change_size_css"
id="previous_lambo_lottery_winners_list_div"></div></div><div class="row"> <div
class="large-10 large-centered small-12 small-centered columns"> <h4
class="drive_home" style="background: transparent;">TERMS & CONDITIONS</h4> <p
class="steps_description" style="font-weight: 500;">The golden ticket contest will
run for 6 months. After the contest ends, a <a href="javascript:void(0);" data-
reveal-id="lambo_provably_fair_modal" class="bold">provably fair lottery
drawing</a> will be conducted to pick the lucky winner. The lucky winner will win a
Lamborghini Huracan LP 580-2 with delivery to the USA. If the winner wants the car
in any other country, they will need to pay the excess shipping costs and any
applicable taxes or fees. The winner can also opt to receive US$200,000 in lieu of
the car, paid in bitcoins using the exchange rate after the lottery drawing has
been done. The winner of the lottery round must claim their prize within 180 days
of the prize being drawn. To read more about the exact details of the provably fair
lottery drawing, <a href="javascript:void(0);" data-reveal-
id="lambo_provably_fair_modal" class="bold">please click here</a>.</p> </div>
</div> </div></div><div id="lambo_provably_fair_modal" class="reveal-
modal"><h3><center>PROVABLY FAIR LOTTERY</center></h3><div class="row"
style="margin-top: 20px;"><div class="large-7 small-12 large-centered small-
centered columns change_size_css"><div class="reward_table_box green_prize_rank
br_5_5 bold" style="border-bottom: 1px solid #f3cd00; font-weight: bold;">SERVER
SEED HASH FOR CURRENT ROUND</div><div class="reward_table_box br_0_0_5_5 font_bold"
style="border-top:none;"><input type="text" size=25 style="text-
align:center;background-color:#D9D9D9;" value="" id="lambo_lottery_hash"
onClick="this.select();" readonly></div></div></div><p>This lottery is provably
fair. What that means is that there is no way the site can cheat you by picking a
lottery winner who we favour. All winners are picked randomly and the method for
picking the winners is described below.</p><div style="padding-left:25px;padding-
right:25px;"> <ol class="lottery_rules_list"> <li>At the beginning of each round,
we generate a server seed for that round and show you the SHA256 hash of this
seed.</li> <li>When a lottery round has concluded, we make a list of all user id's
and their lottery tickets and sort it in ascending order of the user id's.</li>
<li>We then use this list to assign ticket numbers for all tickets. For example if
user id 1 has 10 tickets and user id 2 has 20 tickets, then user id 1 will have
ticket numbers 0 to 9 and user id 2 will have ticket numbers from 10 to 29. This is
done for all users.</li> <li>Then the list containing the user id's, tickets held
by each user and their ticket numbers is published in a text file. This file also
contains the total number of tickets issued in the round and the server seed for
that round.</li> <li>A MD5 hash of this text file is calculated.</li> <li>Then the
current bitcoin block number is recorded and a block number that is 12 blocks into
the future is decided on. The block hash of this future block is used as a "client
seed" ie. a seed that we are not aware of when the list in step 4 has been
published.</li> <li>Then a tweet is made via our twitter account (<a
href="https://twitter.com/freebitco"
target=_blank>https://twitter.com/freebitco</a>) containing the link to the file
generated in step 4, the MD5 hash of the file and the future bitcoin block number
as determined in step 6. Since tweets cannot be edited, only deleted, this will
provide a timestamp for when the list in step 4 was made, which can be compared to
check that the bitcoin block determined in step 6 is in the future ie. we do not
know the block hash of this block when the list is generated.</li> <li> The winning
ticket numbers will be calculated as described below: <ul> <li>A string (STRING1)
is created - "[SERVER SEED]:[BLOCK HASH]:[WINNING POSITION]".</li> <li>The SHA256
hash of STRING1 is calculated and the first 8 characters of this hash are taken
(STRING2).</li> <li>STRING2 is converted to a decimal which gives us a number
between 0 and 4,294,967,295 (NUM1).</li> <li>NUM1 is then multiplied by the (total
number of tickets minus 1) and divided by 4,294,967,295 to get a number (NUM2)
between 0 and the total number of tickets less 1.</li> <li>NUM2 is then rounded off
to the nearest whole number which is the winning ticket number.</li> </ul> </li>
</ol> <p class=bold>HOW IS THE SYSTEM FAIR?</p> <p>The system described above that
is used for picking the winners is provably fair because it has multiple safeguards
in place to ensure that winners are picked randomly and fairly.</p> <ol
class="lottery_rules_list"> <li>We provide a SHA256 hash of the server seed when a
lottery round starts. If we change the server seed at any time, the SHA256 hash of
the new seed will not match the hash we provided earlier. After a round has ended
and we prov

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