FAQ

No, but do your own research.

You shouldn’t. This is not an ICO with a wallet address used to collect fundraising funds. Our Sweep wallet address 0x357f07aC89ee6329A70cA837d6BfC16B0275015f is our smart contract. Our contract code is verified and available to you at https://etherscan.io/address/0x357f07aC89ee6329A70cA837d6BfC16B0275015f

https://www.investopedia.com/terms/s/smart-contracts.asp
DEFINITION of ‘Smart Contracts’
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible.

While blockchain technology has come to be thought of primarily as the foundation for bitcoin, it has evolved far beyond underpinning the virtual currency

Ethereum Sweepstakes smart contract offers full transparency. Jackpot prize(s) are set in stone and are paid out by the contract. We do not have the ability to steal your ether or change the smart contract. Please do not participate if you do not have a clear understanding of how Ethereum Sweepstakes Works. If you have specific questions, please feel free to contact us at [email protected]

1. The Ethereum Sweepstakes will draw the winner of the jackpot as well as the 111,110 other prize winners upon the last sale of the SWEEP 4 million token and or on December 31, 2018
2. Only 4 million Sweep tokens are available and controlled by the smart contract deployed on the Ethereum Blockchain.
3. On the sale of last Sweep Token or at the latest on Decemeber 31,2018, a Jackpot winner will be selected by the Smart Contract deployed on the Ethereum Blockchain
4. Winners will automatically receive corresponding Ethers to their winnings.
5. 100,000 prizes of 1.5 ETH will not be paid if less than 1 million entries are received
6. If less than 4 million entries are received, winners we be selected and receive proportional percentage of available jackpot (see FAQ:”PRIZES & ODDS” for percentages)
7. Winnings will be sent to the address of the digitial crypto currency wallet that was used to purchase SWEEP token(s).
8. Do not send your ether directly from your brokerage and or your exchange account. since doing so will not allow you to accept and access the winnings if you win.
9. A total of 111,111 prizes are available.

Due to the limitations of the blockchain in selected random numbers, The Ethereum Sweepstakes smart contract utilizes oracalize.it to provide a random number with authenticity proof to select prize winners. For more information please visit oraclize.it.

The Jackpot winner is selected immediately by the smart contract on the sale of the last Sweep Token or on December 31, 2018 midnight GMT.

The Second and Third Place prize winners will be picked and paid immediately after the Jackpot prize. This will occur on the Ethereum blockchain via Ethereum Sweepstakes smart contract once the Jackpot has been paid out.

Fourth, Fifth and Six place prizes will be selected within the following three weeks. All winners will be selected randomly via the smart contract deployed on the Ethereum Blockchain. Due to the large number of winners and the limitations of the blockchain’s ability to process large loops or transactions, this process will be done in segments.

If less than 111,111 entries are received, winners will be selected and receive proportional percentage of available jackpot (see prizes for percentages)

If less than 1 million entries are received, 100,000 prizes of 1.5 Ethers will not be paid out at closing

Digital crypto currency Wallet Addresses of Jackpot winner of 1,500,000 Ethers and 10 winners of 15,000 Ethers will be posted at ethereumsweepstakes.io once they are selected. Other winners will need to check their wallets after closing and/or check their address on the smart contract deployed on the Ethereum Blockchain and all winnings are automatically sent to the winners without any need to claim the prizes.

Based on full participation of 4 million Sweep Tokens available, prizes:

1. 1 Jackpot Winner x 1,500,000 ETHER at $876,225,000 USD

2. 10 Winners x 15,000 ETHER (3.75% Total or 0.00375% individually) at $8,762,250 USD

3. 100 Winners x 1500 ETHER (3.75% Total or 0.000375% individually) at $876,225 USD

4. 1000 Winners x 150 ETHER (3.75% Total or 0.0000375% individually) at $87,623 USD

5. 10,000 Winners x 15 ETHER (3.75% Total or 0.00000375% individually) at $8,762 USD

6. 100,000 Winners x 1.5 ETHER (3.75% Total or 0. 000000375% individually) at $876 USD

If less than 4 million Sweep Tokens are sold, prizes:

1. 1 Jackpot Winner = 37.5% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be 750,000 ETHER at $438,112,500 USD

2. 10 Winners = .375% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be 7,500 ETHER at $43,811,250 USD

3. 100 Winners = .0375% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be 750 ETHER at $438,113 USD

4. 1000 Winners = 0.00375% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be 75 ETHER at $43,811 USD

5. 10,000 Winners = 0.000375% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be 7.5 ETHER at $4,381 USD

6. 100,000 Winners = .000000375% of Sweep Tokens Sold. For example, if 2 million Sweep tokens are sold, Jackpot will be .75 ETHER at $438 USD

1. Odds of winning Jackpot prize is 1 in 4 million based on full participation of The Ethereum Smart Contract.
2. Odds of winning a prize is 1 in 36 based on full participation of The Ethereum Smart Contract.
3. Odds and prize values will vary based on amount of entries received.

If you have any other questions please don’t hesitate to get in touch with us. You can email us at [email protected], contact us at Contact Us