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DeHub Announces New $1 Million NFT Raffle

press release

PRESS RELEASE. As inflation rises and opportunities diminish, more people around the world turn to lotteries, raffles, and other gambling ventures for their escape. There is no way to be certain that all of the available tickets are genuine. Raffles are a way to raise funds. One or more tickets are sold and drawn at random. The winner or winners receive a prize. As such, DeHub has recently announced they have built & launched an NFT raffle protocol that is provably fair and on chain utilizing Chainlink VRF (Verifiable Random Function) through the world’s very first million dollar NFT raffle. DeHub’s d’apps and utility still remain available to players even if they lose their NFTickets.

What’s there to know about DeHub’s raffle?

Entering the raffle only costs $11 (BUSD) and participants stand a chance of winning a $1 million home (or equivalent value in stablecoins) in the United Kingdom. It is the first house raffle to be based on blockchain technology. This means it is transparent, fair, and verifiable. This is crucial because most raffles and other prize-draw-based events are scams. Participants often lose their money, and many don’t receive their funds back. Raffal.com reported it sold over 3.5m tickets in the last 18 months across 65 home raffles, yet only 17 exchanged hands. So far, DeHub has already sold over 100 ‘NFTickets’ for the first house being raffled, which is part of an 8-figure real estate portfolio that the team is also currently in the process of generating capital against through direct liquidations and pioneering, provably fair and random raffles.

Why is the raffle important?

Every year, millions of people in the United Kingdom are victims to raffle scams. This unregulated industry preys on the weakest. Inflation is further affecting the working and middle class, so many people will turn to these raffles in desperate times. They may not have any other options. The problem is that it is impossible to prove that a raffle works. The U.K. government doesn’t regulate raffles, and has not had the best record in dealing with crypto and blockchain industries. DeHub has realized that there is a clear need for a raffle that is not only profitable, but one that is also trustworthy and dependable. DeHub hosted the $1 million fair-on-chain raffle using Chainlink’s verified random functions and NFTs. This is a way for DeHub to solve a major problem and also breathe new life into the industry. It also provides an innovative use-case of blockchain technology and NFTs.

About DeHub

DeHub aims to be the leading entertainment and lifestyle platform in the blockchain sector. DeHub uses blockchain technology to create real-world integrations to improve user experience and provide enhanced protection in a variety of interrelated areas. The platform’s native token, $DEHUB, can thus be used for various purposes such as accessing d’app features such as gaming arcades or staking, watching existing content and voting on content funding, renewals and cancellations on their censorship resistance streaming d’dapp. DeHub’s cross-reality digital and physical marketplace allows users to spend their tokens or any compatible stablecoins to purchase a variety of products that are all secure and can be traded as NFTs. There are many ways to earn on the platform, including watching, playing, partner airdrops and engagement, as well as multiple ways to stake. More methods will be added as DeHub develops the beta and alpha decentralized apps (dApps).

For more information and regular updates, be sure to check out DeHub’s official website as well as the Twitter, Telegram and Discord channels.


This is a press release. Before taking any action related to the promoted company, or any of its affiliates, or services, readers should do their due diligence. Bitcoin.com does not assume any responsibility for any loss or damage caused by the content, goods, or services mentioned in this press release.

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