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News

Tinyfish Launches World’s First Transparent NFT Raffle Tool to Boost Liquidity

by Binary News NetworkAugust 8, 20220362

River Valley, Singapore, 8th Aug 2022 – River Valley, Singapore – (NewMediaWire) – August 8, 2022 – (Via King Newswire) As the first website to make bluechip NFTs more affordable to the public, Tinyfish is on a mission to give people an equal chance of winning one of the most expansive NFTs, while providing a new instrument to boost liquidity and strengthen the community at large. 

Powered by Chainlink, the world’s largest decentralized network of oracles, Tinyfish provides a decentralised platform to raffle and distribute NFTs transparently. This allows all the draws to be automated through smart contracts, reducing the risk of errors with zero intervention in the process. 

Players enter by paying a small fee and getting their tickets from a certain NFT collection, then the winning ticket is picked at random on a smart contract once all tickets are sold out. If the ticket you picked matches the one that is revealed, then you will win the NFT.

To draw bluechip NFTs with smart contracts provides a solution for the most crucial problems in the ever-changing NFT industry, such as rigged results, low liquidity, lack of transparency and trust due to the lack of information. 

Tinyfish is to create a blockchain-based NFT platform that is accessible and affordable to all participants who want to become a holder of blue chip NFT collections. In the future, to create an environment where any person or entity can launch their own raffle on the platform and to increase the liquidity of NFTs. 

Charities and good causes will be a key driver of the Tinyfish ecosystem. The platform is also building a community pool as part of the effort to encourage socially beneficial ventures to generate revenue. The Tinyfish is actively looking for charity organisations to use part of the revenue for good causes and charities across the globe.

ABOUT TINYFISH

Tinyfish is the world’s first NFT raffle website. The platform is to create a more diversified, fun, and responsible way for people to get a bluechip NFT. The team consists of many professional and highly skilled experts with years of experience in blockchain and marketing. We are here to ensure the draw data is available to everyone at any time on blockchain, so that all NFTs can be awarded in full transparency.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Media Contact

Organization: tinyfish

Contact Person: Keith Chat

Email: Send Email

City: River Valley

Country: Singapore

Website: https://tinyfish.io

The post Tinyfish Launches World’s First Transparent NFT Raffle Tool to Boost Liquidity appeared first on King Newswire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

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