The Sphere flipstarter finish line lottery: 1 BCH

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4 years ago (Last updated: 3 years ago)

Fellow Bitcoin Cashers!

It's flipstarter lottery time again!


UPDATE: The flipstarter completed and a winner has been drawn!

https://read.cash/@btcfork/winner-draw-of-1-bch-the-sphere-flipstarter-lottery-ccb8318a


I am opening a 1 BCH lottery, open to anyone who has already contributed to the https://flipstarter.enter-the-sphere.com/ flipstarter or pledges even a minimal amount toward a successful conclusion of the campaign, via

https://flipstarter.enter-the-sphere.com/

The flipstarter expires in about 11 days. The current minimum pledge is about 0.007 BCH, so it's a very low bar to lottery entry!

I am setting no minimum pledge level for participation in this lottery because I'd like as many people as possible to have a shot at winning it. In other words, let's have lots of people making many small donations! p.s. The minimum pledge is automatically determined by the Flipstarter software, it's not under my control. But it does go down in number the closer we get to the finish line.

NOTE: I can only pass the prize to a winner who can prove they are the person who made that pledge, so your chances are best if you link to some known profile in the community which you control or link an SLP address which you can control. If you have pledged totally anonymously (which is also ok), the only way to prove that a pledge was made by yourself will be to sign an recognizable input linked to your donation, with a Bitcoin Cash signature.

If I absolutely cannot get hold of a chosen winner after some time, a next winner will be selected.

Read the "Lottery Rules" section below for more info!

Lottery rules

  1. The 1 BCH prize will be awarded to ONE participant who made a pledge

  2. It will only be awarded if the Flipstarter is successful (bear in mind that if the flipstarter is unsuccessful, you lose no money as your pledge is not collected!)

  3. The winning entry will be chosen as follows:

    1. The list of pledger names will be collected if the flipstarter is successful, and collated (put into a standardized sort order) using the 'sort' program on Linux run under the 'C' locale.

    2. The sorted list produced above will be numbered in ascending order, starting from 0 for the first entry in the list.

    3. The winning entry number will be determined by taking the last "as many as needed" least significant bits from the hash of the block that confirmed the https://flipstarter.enter-the-sphere.com/ flipstarter crowd-funding transaction. A flipstarter can only accomodate about 600 entries, and the final number of entries is uncertain, but there are enough bits in the hash to take as many as we need so that we can do modulo-the-number-of-entries and get a winner number in the range 0...<number of entrants-1> .

    4. The winner will be announced on social media (readcash, Memo, Twitter, etc), and I will try to contact them to get a payout address for the 1 BCH prize. If they are not contactable within 5 days, a new winner will be chosen as follows:

      Take the next unused least significant bit in the hash. Call it a "movement bit". If it is a 0, the next choice is the one lower in the list than our previous (or wrap around if the chosen one was the last in the list). If the "movement bit" is a 1, we move UP in the list from the original choice. Again, I announce and try to contact. If unsuccessful, another "movement bit" is taken, and we pivot again (around the so far tried set of entries) to pick the next winner. Eventually we will find someone, or run out of bits, in which case I will take the block hash of the block *following* the flipstarter confirmation block, and we repeat the procedure to find a winner, based on the new block hash.

I wish you good luck, let's get this flipstarter over the finish line and see who wins back 1 BCH for helping with that!


Mini-FAQ:

  1. Q: How do I know you (btcfork) will really pay out?

    A: I have contributed to a lot of previous Flipstarters, am a well know community figure, have run several bounties honorably (you can check my readcash or Twitter account) and I'm good for the money. To prove it, I have published a BCH address holding 1 BCH as proof of funds. Here is a link to the payout post of my last flipstarter lottery.

  2. Q: The minimum amount is too high for me! How can I participate?
    A: Sorry, I can't do much about that, you will need to wait until more people have pledged so that the minimum amount comes down. I hope it will, soon!

  3. Q: What if the flipstarter site stops working after I pledged?

    A: If the site breaks and the flipstarter is unsuccessful due to expiry, no-one's pledge is collected, and this lottery competition must unfortunately be cancelled. If that happens and the organizer decides to re-start the flipstarter, I will *consider* re-opening this lottery, but in that case you need to re-pledge on the re-opened Flipstarter to have a chance - your old pledges won't count again.

  4. Q: Can I enter multiple times via several pledges?
    A: Yes. Just make sure that I can somehow get in touch with you if one of your entries comes up as the lucky winner.

  5. Q: If I make a single pledge with a bigger amount, do I have a bigger chance to win?
    A: No, each pledge will have the same probability of being picked. You can put in multiple pledges to increase your chances - but leave some room for other too :-D


Any further questions? Please leave in the comments below. I may add them to the mini-FAQ below if I deem them important.

I welcome people to translate this article into various languages.

Lead image: based on photo by Emiliano Vittoriosi on Unsplash

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4 years ago (Last updated: 3 years ago)

Comments

I decided to finally try to pledge. Little than usual, just one dollar, but it's small enough for others to get.

$ 0.00
3 years ago

May Lady Luck smile on you when this flipstarter succeeds.

$ 0.00
User's avatar btcfork
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3 years ago

Wow, this is a great opportunity.......... Nice article

$ 0.00
3 years ago

Nice

$ 0.00
4 years ago

I am interesting to pledge.

$ 0.00
4 years ago

For me BCH is best for Invest right now and can pump anytime

$ 0.00
4 years ago

Good

$ 0.00
4 years ago

Very good article Sir

$ 0.00
4 years ago

Noted. This could light up someone's day, who knows.

$ 0.00
4 years ago

I will try

$ 0.00
4 years ago

Ok, this is a good opportunity though it's based on probability.

$ 0.01
4 years ago

hahaha, you got me, will make my first pledge today

$ 0.00
4 years ago

Did you remember?

$ 0.00
User's avatar btcfork
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4 years ago

w00t?? Yes I did make a pledge and I found a bug in flipstarter as everyone else did :D Great contribution sir, your lottery pointed to that bug.

$ 0.00
3 years ago

nice hosting your own giveaway on flipstarter ill have to give it a look

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4 years ago

Very good article Sir I think it will be difficult to succeed in this lottery

$ 0.00
4 years ago

Right now the odds of winning are 1/24

obviously if more people play, those odds go down, but they will never go below ~ 1/600

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User's avatar btcfork
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4 years ago

Good odds. Best luck to every participant.

ps: no sponsors block? why?

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4 years ago

You can find my sponsors here:

https://read.cash/@btcfork

Sometimes I don't include it for short posts.

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User's avatar btcfork
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4 years ago

Fantastic. We have applied as your sponsors.

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4 years ago

Thanks, approved.

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User's avatar btcfork
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4 years ago

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4 years ago