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JustUseCore ($JUC) Revolutionizes Crypto Engagement with Launch of Decentralized Token Raffle Platform on CoreDAO

by firstcryptonews
March 10, 2025
in Press Release
JustUseCore ($JUC) Revolutionizes Crypto Engagement with Launch of Decentralized Token Raffle Platform on CoreDAO

Innovative platform promises to transform how users win tokens and engage with various projects.

JustUseCore ($JUC) is excited to announce the launch of its groundbreaking Decentralized Token Raffle Platform on the CoreDAO blockchain. This innovative platform is set to revolutionize cryptocurrency engagement by providing users with a secure, transparent, and decentralized way to participate in exciting token raffles.

The decentralized token raffle platform is a testament to JustUseCore’s commitment to providing value to its community and advancing decentralized finance (DeFi) on the CoreDAO ecosystem. By leveraging smart contracts and blockchain technology, the platform ensures a fair and transparent raffle process for all participants.

Key Features and Benefits:

  • Decentralization: The platform operates in a decentralized manner, ensuring transparency and fairness.
  • Security: Smart contracts ensure that all transactions are secure and tamper-proof.
  • User-Friendly Interface: The platform offers an intuitive interface, making it accessible to both novice and experienced crypto enthusiasts.
  • Diverse Token Raffles: Users can participate in various raffles to win tokens or create their own raffles from a wide range of projects within the CoreDAO ecosystem.
  • Community Engagement: The platform fosters community engagement, creating a strong bond between token holders and project developers.

Nedre, a spokesperson for JustUseCore, said, “The launch of our Decentralized Token Raffle Platform is a significant step towards the future of cryptocurrency engagement. We are thrilled to provide our users with a secure and transparent way to win tokens, create their own raffles and engage with exciting projects on the CoreDAO ecosystem.”

About JustUseCore:

JustUseCore ($JUC) is community-driven initiative designed to elevate awareness of CoreDAO and spread its message across the globe. The project is committed to transparency, security, and community engagement.

About CoreDAO:

CoreDAO is a blockchain that combines the decentralization of Bitcoin with the compatibility of an EVM layer 1 blockchain. CoreDAO aims to facilitate the development and deployment of decentralized applications (dApps) by providing a scalable, secure, and decentralized platform.

Additional Information:

  • JustUseCore website: [https://justusecore.xyz]
  • Raffle website: [https://justusecore.com]
  • Social media : [https://x.com/justusecorexyz]

Decentralized Token Raffle Platform on CoreDAO

  1. Project Description

This project aims to develop a decentralized platform on the CoreDAO where users can either organize or participate in raffles to win tokens available on the CoreDAO. Powered by justusecore.xyz

  1. Key Features

Raffle System

  • Users can create a raffle with a token reward by providing the contract address of any token on the CoreDAO
  • Participants can enter the raffle by purchasing tickets at a specified fee
  • When the raffle period ends, the smart contract randomly selects a winner and transfers the reward to the winner
  • If less than 60% of the tickets are sold, the raffle is canceled and the ticket fees are refunded to participants
  • The winner is determined by the smart contract using a randomization method

Ticket Sales Mechanism

  • Raffle tickets can only be purchased using CORE
  • The ticket price and the total number of tickets are determined by the raffle organizer

Reward Type

  • Token Reward: The raffle reward can be any ERC-20 token (specified by its contract address) available on the CoreDAO, and the winner receives the predetermined amount of tokens

10% Commission & JUC Burn Mechanism

  • A 10% commission is charged on every successful raffle
  • This commission is used to purchase JUC tokens via GlyphExchange
  • The acquired JUC tokens are automatically burned (sent to the 0x000…dead address)

Gas Fees & CORE Funding

  • Gas fees are covered by a 1% deduction from each raffle initiator’s funds
  • Users do not have to pay an additional gas fee when participating in a raffle

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