No, KYC isn’t required to participate in the raffles.

Diamond, Gold, Silver, and Bronze.

Diamond tickets have the most favorable odds and are accessible to those who stake their NFT for 12 months.

The price of each ticket is $1. The minimum purchasable amount is 10 tickets for $10.

The maximum amount of purchasable tickets increases based on the number of staked NFTs.

Each winning ticket gives you a prepaid allocation of $10.

10 raffle tickets can theoretically result in $100 of prepaid allocation — and that’s without the upside of these early-stage allocations in highly vetted and ultra-high-demand projects.

The odds are dependent on the type of tickets purchased, with the Diamond tickets being the most favorable.

Diamond Ticket Example

Each Diamond ticket has a 1 in 10 independent chance of winning.

That means if you purchase 10 tickets, on average, you’ll have one winning ticket.

Please keep in mind that this is a mathematical average and winning will inevitably vary based on your luck. Sometimes you’ll win more, sometimes less.

To increase your ticket purchasing power, you simply mint or buy additional vVv NFTs and stake them.

Each Dolphin increases the limit of purchasable tickets exponentially while sharks & whales have a multiplier effect on the total number of tickets brought by dolphins.

1. Earn a regular Dolphin whitelist spot to mint your dolphins at a 65% discount of the floor price on OpenSea 
2. Earn the Diamond Fin whitelist role to increase the discount to 80% (click here to find out how to whitelist).
   Mint the max amount of NFTs for the largest savings and highest ticket purchasing power.
   NFTs minted in phase 3 will automatically be staked for 12 months, qualifying them for the Diamond ticket tier and highest odds of winning.
3. Purchase dolphins, sharks or whale NFTs directly from OpenSea (click here for the official collection).
4. Trade unstaked dolphin NFTs for a shark NFT. (click here to read more about the Shark Trade)

Congratulations! No extra steps or payments are needed. Upon the specific project’s TGE (token generation even), the tokens will be airdropped to your wallet in accordance to the vesting schedule.

Purchasing more tickets will probablistically increase the total prize size but will not affect the odds.

The purchasing power from staking multiple NFTs increases exponentially.

This is an incredibly rewarding way to maximize the size of the allocation you can win.

• 1 Dolphin = 10 tickets,
• 2 Dolphins = 23 tickets
• 5 Dolphins = 99 tickets

With even greater increases after that.

In most instances, you can purchase as many tickets as your purchasing power permits during a specified time window (i.e. a 24-hour window to participate in the raffle).

Usually, vVv matches allocation size to community demand. With the rare exception of very small allocations where it is necessary to limit tickets and switch to a FCFS method.

When vVv secures a partnership, we are often given an allocation range. To accommodate everyone, the final allocation we arrange is the sum of the direct investments, total tickets sold, and total tickets won.