🎰LUCKY CHEST

Over time, we want to ensure that all of our Monkeyz benefit from the LuckyChest Raffles with financial rewards, whether that be winning an NFT prize, securing a limited merchandise, or receiving a share of the profits generated by our growing membership base.

THE PRIZE POOL

The winner will be selected by our random number generator software once all entries for the competition have been entered and the entry period has closed.

PROBABILITY OF WINNING

The probability of winning the Lucky Chest prize depends on how many people enter a particular Lucky Chest Event.

Each entry is equivalent to one chance at winning, so the probability of winning the Lucky Chest prize (assuming only one prize is offered) will be the number one divided by the number of entries for that particular Lucky Chest. For example, if there are 100 entries for a particular prize, each entry has a 1 in 100 chance of winning.

If you obtain multiple entries then your chances of winning increase.

In addition, your chances of winning the Lucky Chest prize will increase if more than one winner is selected for a Lucky Chest prize.

CASH FLOW

The platform does not extends to those who do not possess our NFT.

Outlined below are several strategies to drive revenue during future economic downturn:

➲ Implementing microtransactions for each game (approximately 0.025 Sol)

➲ Stacking interactions (approximately 0.02 Sol)

➲ Offering sales of $MENZ Token

➲ Applying a 6.5% Creator Royalties

RAFFLE RULES

1. Community members go to the Lucky Chest page, check their eligibility and register for the event if they are qualified.

2. To participate, you will require 0.02 Sol per ticket. This minimal fee contributes to the project's long-term sustainability.

3. After each event the system will choose the winners. Registrants can visit the Raffle page to check their winning status and claim the reward if successful.

4. The system will release rewards every 48 hours, all unclaimed rewards will be returned to the DAO pool. 5. Staking and winning probabilities remain unaffected by rarity.

6. Reset time: 01:00 UTC.

TERMS

This depends on the official rules for each Lucky Chest.

Each campaign will specify the Lucky Chest prizes and number of prizes to be awarded.

These details and many others are explained clearly in the Daily Official Discord Announcement

NOTICE

THIS WHITEPAPER IS NOT A SOLICITATION TO INVEST. Tokens are distributed based on a loyalty scheme determined by a Staking mechanism. The $MENZ token are tradable. You purchase the token in the secondary market at your own risk. Bingo Monkeyz NFTs does not make any representation whatsoever about the future price of worth of the $MENZ Token. Furthermore we do not make any representation as to whether the $MENZ Token is or not a security. The $MENZ token is not defined as a security. You are responsible for ensuring that you are legally entitled to purchase the token from a third party and that such doing does not breach any local law in your jurisdiction or otherwise.

HELP CORNER

Lucky Chest – Revenue Sharing – are a form of gambling. They are equally as addictive as legacy lottery games. People struggling with gambling addictions or recovering from it may easily get addicted. Play safe.