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Escrow Security Needed

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Mallak Azaria
Caldari Provisions
Caldari State
#21 - 2012-11-17 17:27:01 UTC
Aisoge Eistiras wrote:
Mallak Azaria wrote:
Aisoge Eistiras wrote:
So how much will you charge?

I ask because I am charging 13% from which I pay for the 3rd party, and prob make 5% for myself from each lotto.


I'll go with 5% for starters & if it turns out well for you I'll drop it to 4% for a longterm deal. This is negotiable.


So from the 13% I pay the 3rd party 8% and pay you 5% leaving me with 0% 0.o I may have misunderstood.


The 3rd party is the person that holds the isk. That is what I am offering for 5%. You would keep 8%.

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Aisoge Eistiras
Good at this Game
#22 - 2012-11-17 18:23:11 UTC
Mallak Azaria wrote:
Aisoge Eistiras wrote:
Mallak Azaria wrote:
Aisoge Eistiras wrote:
So how much will you charge?

I ask because I am charging 13% from which I pay for the 3rd party, and prob make 5% for myself from each lotto.


I'll go with 5% for starters & if it turns out well for you I'll drop it to 4% for a longterm deal. This is negotiable.


So from the 13% I pay the 3rd party 8% and pay you 5% leaving me with 0% 0.o I may have misunderstood.


The 3rd party is the person that holds the isk. That is what I am offering for 5%. You would keep 8%.


Ok I understand and I am fine with that. 5000 tickets is a lot and I was thinking of a way to get the tickets tracked any ideas?
Mallak Azaria
Caldari Provisions
Caldari State
#23 - 2012-11-22 05:06:36 UTC
Sorry about the late reply.

For ticket tracking, I haven't got a clue, but assuming that people don't buy 1 ticket at a time it should be fairly low-effort to spreadsheet to start off with. It's what I would do until it really kicked off & became a solid thing.

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CCP Eterne
C C P
C C P Alliance
#24 - 2012-11-22 10:44:35 UTC
Stop trolling this thread, people. If you have an honest recommendation for the person, make it. But don't try to get this person scammed.

EVE Online/DUST 514 Community Representative ※ EVE Illuminati ※ Fiction Adept

@CCP_Eterne ※ @EVE_LiveEvents
Destination SkillQueue
Doomheim
#25 - 2012-11-22 10:49:10 UTC
CCP Eterne wrote:
Stop trolling this thread, people. If you have an honest recommendation for the person, make it. But don't try to get this person scammed.

Where is the fun in that? It also teaches him the all important skill of filtering golden nuggets of advice from a river of lies.
Archdaimon
Merchants of the Golden Goose
#26 - 2012-11-22 10:49:13 UTC
CCP Eterne wrote:
Stop trolling this thread, people. If you have an honest recommendation for the person, make it. But don't try to get this person scammed.


Does that include recommending Goonswarm as 3rd party collateral holders? Twisted

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Max Goldwing
The Scope
Gallente Federation
#27 - 2012-11-22 10:59:36 UTC
Aisoge Eistiras wrote:
Ok I understand and I am fine with that. 5000 tickets is a lot and I was thinking of a way to get the tickets tracked any ideas?

IMO if you ask people to enter numbers in the reason, you will get invalid reasons also, numbers out of range, missing numbers, "for lottery", etc.

But you may get around that by claiming any invalid reasons will get random numbers from a trusted (but unverifiable) 3rd entity, like random.org, those numbers would have to be stored in a timelock, so that it can be verified they were drawn before the lottery ended, ie. a hash value could be published on some pastebin.

To track who got which ticket(s) you can use the wonderful wallet journal api, with modest effort.
That way you can show near-live status of number of tickets sold.

For the drawing, you can create a dice http://eve-files.com/tools/dice/ before you start selling tickets, and people can verify that you could not know the winning combination before the sales ended (ie. sales end on sunday evening, drawing monday afternoon, gives people enough time to verify you didnt draw the numbers too early).

A 3rd party could validate this using your API, since publishing the API also shows who paid when, which some users may not like.

As for collateral, I dont have a idea for a solution, since without public access to your API, people have to trust you with how many tickets were sold, if you can get a 3rd party to validate API, maybe they could also be collateral holders.
Aisoge Eistiras
Good at this Game
#28 - 2012-11-22 11:23:18 UTC
Thanks for all the replies. I have now got someone to create a full lotto site which is almost done. I thought that if I wish to do this properly and honestly then I should have a honest setup in place to begin with. I will try my best to work with Somer where I can and use her 3rd party service as she is one of the respected players.

I no longer require a 3rd party service. Also the lotto is on hold till the site is complete.

Thanks.
Aisoge Eistiras
Good at this Game
#29 - 2012-11-22 11:24:05 UTC
Max Goldwing wrote:
Aisoge Eistiras wrote:
Ok I understand and I am fine with that. 5000 tickets is a lot and I was thinking of a way to get the tickets tracked any ideas?

IMO if you ask people to enter numbers in the reason, you will get invalid reasons also, numbers out of range, missing numbers, "for lottery", etc.

But you may get around that by claiming any invalid reasons will get random numbers from a trusted (but unverifiable) 3rd entity, like random.org, those numbers would have to be stored in a timelock, so that it can be verified they were drawn before the lottery ended, ie. a hash value could be published on some pastebin.

To track who got which ticket(s) you can use the wonderful wallet journal api, with modest effort.
That way you can show near-live status of number of tickets sold.

For the drawing, you can create a dice http://eve-files.com/tools/dice/ before you start selling tickets, and people can verify that you could not know the winning combination before the sales ended (ie. sales end on sunday evening, drawing monday afternoon, gives people enough time to verify you didnt draw the numbers too early).

A 3rd party could validate this using your API, since publishing the API also shows who paid when, which some users may not like.

As for collateral, I dont have a idea for a solution, since without public access to your API, people have to trust you with how many tickets were sold, if you can get a 3rd party to validate API, maybe they could also be collateral holders.



Thank you for your post. It made a lot of sense to me.
SmilingVagrant
Doomheim
#30 - 2012-11-22 17:05:53 UTC
CCP Eterne wrote:
Stop trolling this thread, people. If you have an honest recommendation for the person, make it. But don't try to get this person scammed.


Butt out nerd, your job isn't to protect people from scams. Just keep the trains running on time.
Mallak Azaria
Caldari Provisions
Caldari State
#31 - 2012-11-22 18:58:44 UTC
CCP Eterne wrote:
Stop trolling this thread, people. If you have an honest recommendation for the person, make it. But don't try to get this person scammed.


Please don't troll this thread CCP Eterne. If you have an issue with me trying to do a nice thing, feel free to file a petition.

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