The Contest Kings prize draw specially rewards staked (CK) token holders every 14 days with 100 prizes being awarded each time.
These Include: Silver Bullion + Splinterlands Cards, Orbs and Booster Packs + SP Delegation + Steem Basic Income + Liquid Tokens (PAL) (CK) (NEOXAG) (BATTLE)
A random generator website will be used to populate a list of all (CK) staked token holders names and assign the appropriate number of tickets as shown further down the page.
This will then be matched up against the prize summary below then distributed 24 hours after the draw has taken place.
If a user has only 1 ticket into the draw this means it's only possible for them to win 1 of the offered 100 prizes when the draw has taken place.
Likewise if a user has 50 tickets into the draw they can win a maximum of 50 prizes if their account name was to appear in 50 of the possible 100 spots when the draw is resulted.
The great thing about our raffle is you don't need to buy new tickets next time, when staking the token at the tier levels below you just keep being eligible to win each time!
The Contest Kings (CK) token has been created as a way to reward staked holders with prizes as part of a rewards based tier structure seen below.
We have sold over 400 tokens since launch and this is currently staked by 35 members of the community.
A finite amount of 1,000,000 will exist with no further being created via optional methods within steem engine.
If a holder wishes to power down a staked (CK) token this will take 30 days from the time of request.
Any tokens that are being powered down will not contribute to the users tickets in the raffle.
Therefore it's only staked tokens that are factored in when allocating tickets for the featured draw.
We have set a fixed sale price for the bulk of tokens currently listed on the market.
After heading to the link above you will see each (CK) token for sale for 3 units of Steem within a bulk sell order.
There may be other orders for different prices as per the nature of the market but we will be keeping ours fixed at this indefinitely.
This means that if we see a fluctuation in the price of Steem we will not be changing the sale price of the bulk token sell order.
Therefore this fixed sale price will remain at 1 (CK) per 3 Steem moving forward.
A list of current staked token holders can be found on this link that is updated after each block on the chain.
There will be 2 major prize draws each calender month moving forward.
These will occur on the 1st and 15th with winners to be published within 24 hours.
The giveaways will commence from 1st September 2019 then each 2 weeks until further notice.
We will publish a post after each major giveaway including names and allocated prizes.
A memo will also be sent to the winning token holders steem wallet with a link to the draw.
This could happen in instances where token holders may not have a use for the prize allocated.
We will set up a trade and swap room in our server where people can talk further for exchanges.
An example of this could be the staked token holder wins a Splinterlands Booster Pack and is not interested in playing the game.
Where the prize is a delegation either Steem Power or Splinterlands Card as featured in the Septener 1st 2019 draw.
The winner will have 24 hours from the draw to nominate another username for the delegation before this is filled.
This is to be done via a memo to our blockchain wallet in the following format:
"I wish to have my delegation prize: xxxxxx from the @contestkings draw on 1st September 2019 assigned to the following username: xxxxxx for the time frame specified in the prize draw"
Please note @steembasicincome units are excluded from this transfer offer and will be automatically applied to the username of the staked tokens.
Pop over to our Discord or add a comment below and we will get back to you.
We appreciate the support of our sponsors as we continue to help build the contest community on the steem blockchain.
A big shout out to @mattclarke who has donated the Gold Alpha Flesh Golems and SP delegation for this featured raffle!
If would like to help our growing community initiative don't hesitate to reach out.
Thanks for reading and good luck!