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Frequently Asked Questions

General Questions

What is TON5050?

TON5050 is a Web3 50/50 raffle platform built on the TON Blockchain. It allows users to create and participate in transparent, fair, and decentralized raffles where the winner takes 50% of the pot and the other 50% is distributed among all participants.

How does a 50/50 raffle work?

In a 50/50 raffle, participants buy tickets for a set price. Once the raffle ends, one winner is randomly selected and receives 50% of the total pot. The remaining 50% is distributed proportionally among all ticket buyers. This means even if you don't win, you still get a portion of the pot back!

Is TON5050 fair and transparent?

Yes! TON5050 uses blockchain technology to ensure complete transparency. All transactions, raffle details, and winner selections are recorded on-chain and can be verified by anyone. Our random number generation process uses multiple entropy sources from the blockchain to ensure fairness.

What blockchain is TON5050 built on?

TON5050 is built on the TON Blockchain, chosen for its deep integration with Telegram, high performance, fast transaction speeds, and low costs. This provides users with a smooth, low-cost raffle experience with access to hundreds of millions of Telegram users.

Creating Raffles

How much does it cost to create a raffle?

Total cost to create raffle: 10.5 TON

  • 10 TON platform fee (goes to platform)
  • 0.5 TON gas fee (covers transaction costs, decentralized infrastructure)

The 0.5 TON is gas on top of the 10 TON platform fee, keeping the platform web3 & decentralized. This is why you're seeing 10.5 TON total charged.

What do I need to create a raffle?

To create a raffle, you need:

  • A TON-compatible wallet (e.g., Tonkeeper, MyTonWallet)
  • At least 10.5 TON in your wallet
  • A raffle name
  • Raffle duration (minimum 5 minutes)
  • Ticket entry fee (minimum 2 TON per ticket)

How do I set the ticket price?

You can set any ticket price you want, with a minimum of 2 TON per ticket. The ticket price determines how much participants pay to enter your raffle. Higher ticket prices can lead to larger pots but may attract fewer participants.

What is the minimum raffle duration?

The minimum raffle duration is 5 minutes. This ensures there's enough time for participants to discover and join your raffle. You can set longer durations to give more people time to participate.

Participating in Raffles

How do I buy raffle tickets?

To buy tickets, connect your TON wallet to TON5050, browse active raffles, and click "Buy Ticket" on any raffle you'd like to join. You'll need to have enough TON to cover the ticket price plus a small gas fee (typically 0.1 TON).

Can I buy multiple tickets?

Yes! You can buy as many tickets as you want in any raffle. Each ticket gives you one entry in the drawing, and buying more tickets increases your chances of winning.

What happens if I don't win?

Even if you don't win the raffle, you still receive a portion of the pot! The 50/50 system ensures that 50% of the total pot is distributed proportionally among all ticket buyers, so you get back some of your entry fee regardless of the outcome.

How are winners selected?

Winners are selected using a provably fair random number generation process that leverages multiple entropy sources from the blockchain, including on-chain randomness seeds, future block data, time-based entropy, and raffle-specific data. This ensures the selection is truly random and cannot be manipulated.

Security & Technical

Is my wallet secure?

TON5050 never has access to your private keys. You connect your wallet using TON Connect, which keeps your keys secure on your device. All transactions require your approval through your wallet interface.

Are smart contracts audited?

Our smart contracts are built using Tact, a secure smart contract language for TON. While we strive for the highest security standards, please note that this is a beta version of the product. Always participate with funds you can afford to lose.

What happens if there's a network issue?

TON5050 is not responsible for network issues, congestion, delays, or blockchain-related errors. All transactions are final and non-refundable. Make sure you have a stable connection before creating raffles or buying tickets.

About BIT5050 INC.

Who is behind TON5050?

TON5050 is built by BIT5050 INC., a Blockchain-as-a-Service (BaaS) company focused on creating utility-based decentralized applications. We do not issue or promote any tokens - our platform is purely utility-based, offering decentralized raffle infrastructure.

How can I contact support?

For questions or support, you can reach us at:

Important Disclaimer

TON5050 is a beta version product. There could be errors, bugs, or smart contract vulnerabilities. Participating in raffles involves risk, including potential loss of funds. BIT5050 INC. is not responsible for any losses, lost crypto funds, network issues, network congestion, network delays, wallet issues, wallet bugs, or blockchain-related errors. Use the platform at your own risk.