Jackpot system
Every time an NFT is bought from the marketplace, a timer starts for 1 hour. Within the next one hour, if there is no other NFT purchase made, the last buyer will be entitled to the jackpot. Royalty collected from each sale of the NFT in the marketplace adds a cut(3%) to the jackpot. This will keep increasing the jackpot prize money. In the instance of no NFT sale for an hour, the last buyer of an NFT will be declared the jackpot winner and they will receive 40% of the accumulated jackpot prize pool. 10% will be taken out to further market the jackpot system and the remaining 50% will be the starting amount for the next pot.
Copy link