๐ซDigital Asset Ticketing
The concept of buying a fraction of an Digital Asset and how this feature actually works.
Step 1
Sellers can opt for ticket-based Digital Asset sales. They decide the number of potential buyers and evenly distribute the participation cost. Sellers set ticket prices to maximize sales and total revenue.
Step 2
Buyers purchase tickets for a chance to win the Digital Asset. Unlike traditional auctions where the highest bid wins, here, a random ticket is selected.
Step 3
Bonus Tickets Mechanics - When buyers purchase tickets on eesee, they are rewarded with additional bonus tickets.
The quantity of bonus tickets increases proportionally with the number of tickets bought, incentivizing larger ticket purchases. This mechanism not only enhances the appeal for buyers but also boosts the ticket sales for sellers.
Step 4
Post ticket sales, a Gelato VRF will perform random selection of the lot winner. Gelato VRF offers secure and verifiable random numbers. The winning ticket holder becomes the Digital Assets owner, with smart contracts ensuring transparency.
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