BMillions FAQ
  • What is BMillions?
  • Getting Started
    • What are the eligibility requirements to participate in ₿Millions jackpots?
    • How do I purchase an NFT ticket, and what payment methods are accepted?
  • Types of Jackpots
    • What are the benefits of owning a Major Jackpot NFT?
    • What are Minor Jackpots, and how can I participate?
    • What are Mini Jackpots, and how can I participate?
    • What are Sponsored Jackpots, and how can I qualify for them?
    • What benefits do 'Holder Only' and 'Loyalty' jackpots offer?
  • Token Utilization and Benefits
    • What is the $BMIL token used for in the ₿Millions ecosystem?
    • How can I stake $BMIL tokens, and what are the benefits of staking?
  • Security and Fairness
    • What measures are in place to ensure the fairness of NFT ticket distributions?
    • What security measures are in place to protect players and their investments?
  • Voting and Jackpot Adjustments
    • What is the DAO Difficulty Reduction Protocol, and how does it affect players?
  • Jackpot Management
    • What happens if a jackpot is not claimed?
    • How are tokens distributed, and what does spending tokens mean for players?
    • How do aftermarket sales of NFT tickets contribute to the jackpot pools?
  • NFT Management
    • Can I sell or transfer my NFT ticket after purchase?
    • What happens to my Major Jackpot NFT after the jackpot is won?
  • Future Developments
    • What future developments are planned for ₿Millions?
  • Official Links
    • Official Links
Powered by GitBook
On this page
  1. Types of Jackpots

What are Sponsored Jackpots, and how can I qualify for them?

PreviousWhat are Mini Jackpots, and how can I participate?NextWhat benefits do 'Holder Only' and 'Loyalty' jackpots offer?

Last updated 12 months ago

Sponsored Jackpots on the ₿Millions platform offer unique and often high-value prizes through partnerships with brands, companies, or other partners. These jackpots are designed to add an extra layer of excitement and reward for participants. Here's how they work and what you need to do to qualify:

Nature of Sponsored Jackpots:

  • Prize Source: Sponsored Jackpot prizes come from sponsorships. Brands or companies collaborate with ₿Millions to offer specific prizes, ranging from high-value items like cars and luxury watches to unique experiences or large cash awards.

  • Promotional Benefits: These jackpots provide added value to the participants and serve as a promotional tool for the sponsors, who gain visibility and engagement from the ₿Millions user base.

Qualifying for Sponsored Jackpots:

Biometric Authentication Requirement: Participants must complete a biometric authentication process to participate in Sponsored Jackpots. This requirement ensures fairness and integrity in the participation process.

  • Purpose of Biometric Authentication: The authentication confirms that participants are human (not bots) and hold only one account. This is crucial for preventing fraudulent activities and ensuring all participants have an equal chance of winning without unfair advantages.

  • Privacy and Security: The biometric data is processed decentralised, and no personal identification information (such as KYC, ID, address, or phone number) is required or stored. This approach respects user privacy while ensuring compliance with regulatory standards.

How to Complete Biometric Authentication:

  • Process: When you choose to participate in Sponsored Jackpots, you will be guided through the biometric authentication process. This typically involves capturing a biometric input (facial recognition scan) through a secure, decentralised system.

  • Once Authenticated: After successful authentication, you can enter the Sponsored Jackpots. This status is usually maintained within your user profile, allowing you to participate in any future Sponsored Jackpots without needing to authenticate again.

By fulfilling the biometric authentication requirement, ₿Millions ensures that the Sponsored Jackpots are accessible only to genuine and verified users, maintaining the credibility and attractiveness of these high-stakes draws. This setup protects the gaming experience's integrity and enhances participant confidence in the platform's fairness and security.