PEPEDAWN

How PEPEDAWN Art Distribution Works

Round Lifecycle

• Round Duration: 2 weeks per round
• Buy Your Tickets: Round opens for participation, track your stats in real-time
• Proof Submission: Submit puzzle proof after your first ticket purchase for +40% weight bonus
• Drawing Winners: Chainlink VRF provides verifiable randomness
• Prize Distribution: Automatic Emblem Vault NFT distribution to winners
• Winners Claiming: Winners claim their Emblem Vault prizes using Merkle proofs
• Winners Claiming: Round Participants Cap: 100

Ticket Office Rules

• Minimum Purchase: 0.005 ETH (1 ticket)
• Bundle Discounts:
  • 5 tickets = 0.0225 ETH (10% discount)
  • 10 tickets = 0.04 ETH (20% discount)
• Per-Wallet Cap: 1.0 ETH maximum per round
• Network: Ethereum mainnet/testnet only
• Minimum Distribution: 10 tickets required for prizes to be distributed
• Refund Policy: If fewer than 10 tickets are sold, all participants receive full refunds

Skill-Weighted Odds

• Puzzle Proofs: Submit one proof per round
• Weight Bonus: +40% multiplier on your effective weight
• Hard Cap: Maximum +40% increase, no stacking
• Verification: On-chain or signed message verification

Randomness & Fairness

• VRF Provider: Chainlink VRF v2/v2.5
• Snapshot: Eligible tickets and weights captured before VRF request
• Reproducibility: All randomness derived from request ID, seed, and block
• No Manipulation: No off-chain salts after round begins

Prize Distribution (Raffle Model)

• Prize Tiers:
  • 1st Place: 1x Fake Pack (3 PEPEDAWN cards in one Emblem Vault)
  • 2nd Place: 1x Kek Pack (2 PEPEDAWN cards in one Emblem Vault)
  • 3rd-10th Place: 1x Pepe Pack each (1 PEPEDAWN card per Emblem Vault)
• Total Prizes: 10 packs distributed per round
• Raffle Mechanics:
  • Each ticket you buy is a raffle entry (like a physical raffle ticket)
  • When one of your tickets wins, it's "drawn" and removed from the pool
  • If you buy 5 tickets, you can win up to 5 packs in one round
  • After each prize is awarded, the odds change for remaining prizes
  • More tickets = more chances to win (proportional to weight)
• Example: You buy 5 tickets and submit proof (+40% weight per ticket). Your first ticket wins 1st place. Now you have 4 tickets remaining for the next 9 prizes.
• Source: Emblem Vault preloaded assets
• Distribution: Off-chain selection using verifiable VRF seed
• Transparency: All winner assignments committed via Merkle root on-chain

Fee Structure

• Creators: 80% of fees
• Next Round Pot: 20% of fees
• Settlement: Applied at round close
• Events: All fee distributions logged on-chain

Winning Odds (Dynamic Raffle)

Your odds of winning change dynamically with each prize draw:

• Initial Odds: Your weight ÷ Total weight of all participants
• Weight Formula: Tickets × (1.0 base or 1.4 with proof bonus)
• After Each Win: Your ticket count decreases by 1, reducing your remaining weight
• Pool Changes: Total weight decreases as tickets are drawn, affecting all participants' odds
• Example: With 5 tickets (weight 7 with proof), you start at 7/12 = 58% for first prize. After winning, you have 4 tickets (weight 5.6) remaining for the next prize.

Atomic Dispenser (Progress Tracking)

• Visual Tracker: 10 individual ticket icons (🎫) show dispenser progress in real-time
• Status Message: Displays "minimum 10 tickets required" until threshold is reached
• Refund Policy: If threshold not met by round end, all participants receive full refunds automatically

Technical Details

• Smart Contracts: Solidity 0.8.x on Ethereum with OpenZeppelin security modules
• Testing: 151 Foundry unit tests with 100% functional requirement coverage
• Frontend: Minimal vanilla JS with ethers v6 for Web3 interaction
• Performance: Optimized bundle size for fast loading on all devices
• VRF Provider: Chainlink VRF v2.5 for cryptographically verifiable randomness
• Data Storage: Winners stored on IPFS, verified on-chain with Merkle roots
• Leaderboard: Live on-chain participant data with real-time odds calculation
• Eligibility: Configurable denylist enforcement, pausable for emergencies

Important Disclaimers

• Minimum Threshold: Rounds with fewer than 10 tickets result in full refunds
• No Guarantees: Prize distribution only occurs if minimum threshold is met
• Weighted Selection: Higher weight increases selection probability but does not guarantee receiving assets
• One Proof Attempt: Only one puzzle proof submission allowed per wallet per round
• Network Only: Ethereum mainnet/testnet only, no L2 networks

Contract Information