# Raffle and Auction House

Players can spend their $KASH tokens to participate in the bluechip NFT raffle or auctions. \
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When players spend their $KASH to participate in a raffle, they spend some tokens and these tokens get burnt. Players can buy as many tokens as they like to increase their chances of winning. \
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To participate in the auction, players outbid the last highest bid using their $KASH tokens. The winning bid gets burnt and the failed bids are returned to the owner's wallets after the completion of the auction. \
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DAO will decide and purchase other bluechip NFTs using the funds stored in the community treasury. In addition to this, we will be adding more ways to bring NFTs for auction or raffle from collabs and exclusive partnerships.


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