Golden Bit

Objective: Be the last ticket holder remaining to win the game!
256 tickets, 1 winner.

How to Play:

• Connect your wallet.
• Claim tickets. The game will start when all 256 tickets have been claimed.
• Rounds last for 30 minutes. Each round, half of the active tickets are selected at random and eliminated (using Chainlink VRF).
• Between  rounds, users can list their tickets for sale or create offers on other  users’ tickets. Offers are held in escrow by the contract.
• When  a round ends all listings and offers are cleared. Rejected or canceled  offer funds can then be withdrawn by the submitting account.
• Rounds progress until one ticket remains.

Pot Mechanics:

• Initial State: Tickets are free to claim at the start of a new game.
• Building the Pot: The prize pot grows from a 10% fee on all secondary market sales. When a  ticket is bought or an offer is accepted, 10% goes to the pot.
• Additional Fees: A 5% marketplace fee is charged on all transactions, with 5% going to the dealer.
• Pot Rollover: When a winner is declared, they receive 90% of the final pot. The remaining 10% is automatically rolled over to become the starting pot for the next game.

Current Game Variables:

• Total Tickets: 256 tickets per game
• Round Duration: 30 minutes (1800 seconds) per round
• Elimination Rate: 50% of active tickets eliminated each round
• Secondary Market Fee: 5% on all secondary market transactions
• Prize Pool Contribution: 10% of all sales goes to the pot
• Dealer Fee: 5% of all sales goes to the dealer
• Winner Payout: 90% of final pot to winner
• Pot Rollover: 10% rolls over to next game
• Network: Arbitrum One