01Abstract
PrizeWoo is a crypto-native prize competition platform where players enter skill-based competitions to win life-changing prizes โ Bitcoin, cash, luxury goods and more โ from just a few dollars. Every draw is provably fair, using cryptographically signed randomness anyone can verify. The platform is powered by PWT, a BEP-20 utility token granting cashback, discounts, VIP access and governance, with a supply made deflationary through a revenue-funded buyback-and-burn.
02The Problem
Online prize competitions are a multi-billion-dollar industry โ and almost all of them run on blind trust. Every time you enter, you're asked to believe four things you can't actually check:
You're shown a first name and a stock-photo smile. There's no way to confirm the draw was random โ or that the winner exists at all.
Competitions that cancel "due to low sales," swap a ยฃ100k car for a fraction in cash, or simply ghost the winner.
Card-only checkouts, regional blocks and slow bank payouts shut out a global, crypto-native audience.
Win or lose, the operator keeps everything. No loyalty, no upside, no reason to return beyond hope.
PrizeWoo is built to fix all four โ with cryptographic proof, on-chain payments, and a token that shares the upside with the people who actually play.
03The Solution
PrizeWoo is built crypto-first: provably fair draws anyone can verify, instant crypto deposits (BTC, ETH, USDT, BNBโฆ), global access from one account, and skill-based entries that keep competitions lawful โ with a free-entry route always available. The PWT token gives active players a shared upside through cashback, discounts and a deflationary supply.
- Browse live competitions and pick a prize
- Answer a simple skill question to qualify
- Get tickets โ buy as many as you like, or use the free entry
- The draw runs on signed randomness when the competition closes
- Winner announced instantly โ crypto sent on-chain, physical prizes shipped
04Provably Fair
"Provably fair" means players don't have to trust PrizeWoo โ they can verify every result:
- When a competition closes, PrizeWoo calls RANDOM.ORG's Signed API
- A true random number is generated from atmospheric noise
- The result is cryptographically signed โ it cannot be forged or altered
- The signed data is published on the results page for anyone to verify
05The PWT Token
Utility: pay entries in PWT for 2% cashback; your VIP tier sets your discount (2%โ10%); stake PWT to climb tiers; earn referral rewards in PWT; and hold/stake to vote in future governance. PWT is built to be used and held โ rewarding participation over speculation.
06Token Economics
| Allocation | % | Tokens |
|---|---|---|
| Player Rewards | 33% | 33,000,000 |
| Presale | 25% | 25,000,000 |
| Founder | 15% | 15,000,000 |
| Marketing & Listings | 12% | 12,000,000 |
| Treasury | 10% | 10,000,000 |
| Liquidity | 5% | 5,000,000 |
Tax: 0% buy ยท 4% sell โ 100% auto-liquidity (locked), deepening the pool over time. Hard-capped at 5%; raise-ability renounced post-launch.
Buyback & burn: a share of net revenue buys PWT and (later) burns it โ permanently shrinking supply.
Locks: LP locked 12 months ยท founder 6-month cliff + 24-month vest ยท presale vested ยท treasury multi-sig ยท rewards released over 5 years.
07Roadmap
08Security & Trust
- โ Smart contract verified on BSCScan (open source)
- โ LP locked and founder tokens vested on-chain โ publicly checkable
- โ Treasury in multi-sig with announced movements
- โ Sell tax hard-capped and raise-ability renounced โ no honeypot risk
- โ Provably-fair draws independently verifiable
- โ Third-party smart-contract audit planned before public expansion