Risk Disclosures
Read this before you enter.
Important
Participating in a raffle involves risk. Only commit SOL you can afford to have locked up, and never more than you are prepared to lose in an unforeseen failure. Nothing in these docs is financial, legal or tax advice.
Summary
| Risk | Severity | Your control |
|---|---|---|
| No guarantee of a win | Certain (by design) | Choose how many entries |
| Smart-contract risk | Possible, potentially total loss | Review audits, authority and limits |
| Liquidity risk | Possible | Don't rely on a quick sale |
| Randomness / oracle risk | Low, but real | Verify the draw |
| Market and valuation risk | Common | Don't over-commit |
| Operational and network risk | Occasional | Leave fee buffer, avoid last-minute entry |
| Regulatory risk | Depends on location | Check your jurisdiction |
| Scams and phishing | Common | Use only official links |
No guarantee of a win
- An entry is a ticket, not an NFT. If entries exceed supply, some entries will not win.
- More entries raise your odds but never guarantee a win. See the Odds Calculator.
- Odds change until the window closes, because total demand is unknown while you buy.
- Unallotted entries are refunded, but network fees are not, and your SOL is locked until settlement.
Smart-contract risk
- The raffle runs as on-chain program code. Code can contain bugs or vulnerabilities, even after review. An exploit could result in partial or total loss of escrowed funds.
- An audit reduces but does not remove risk. Check whether audits exist and whether findings were fixed.
- Upgradeability: if the program is upgradeable, the upgrade authority could change its behaviour. Check who holds that key and whether a timelock or multisig applies.
- Dependencies, such as the randomness oracle and the NFT standard program, carry their own risk.
- Failed or stuck transactions can delay claims.
Liquidity risk
- Funds are locked from purchase until settlement. You cannot withdraw or transfer entries during that time.
- After mint, there may be no buyers for your NFT, or only at a price lower than you paid. Floor prices can fall quickly, and trading volume can disappear.
- Entries themselves cannot be sold or transferred.
- Withdrawals and selling can be slowed by Solana congestion.
Randomness and oracle risk
- If the randomness provider fails or is delayed, the draw may be delayed.
- A compromised provider could in theory bias results. The design reduces this by freezing entries before the seed exists and publishing everything needed to verify the outcome. See Randomness Design.
Market and valuation risk
- NFTs may lose value, including all of it. Past performance, community sentiment and floor prices are not predictors.
- Art, rarity and the project's roadmap are not guaranteed to be delivered as described.
Operational and network risk
- Solana can experience congestion or outages. Transactions may fail or be delayed.
- Wallet, browser or RPC problems may stop you from entering or claiming in time.
- Losing access to your wallet or seed phrase means losing access to your entries, NFTs and refunds.
Regulatory and jurisdiction note
You are responsible for compliance
Laws on raffles, lotteries, gambling, digital assets and securities differ widely between countries, and sometimes within them. Some places restrict or prohibit paying for a chance to win something of value.
- Do not participate if doing so is unlawful where you live, or if you are below the legal age for it.
- You are solely responsible for knowing and following the laws that apply to you, including tax reporting on any gains.
- Access may be restricted in some regions, and OopsIWon may restrict access or refuse service as required.
- OopsIWon does not provide legal, tax or investment advice. Consult a qualified professional.
- Nothing here is an offer or solicitation in any place where it would be unlawful.
Scams and phishing
- Only use OopsIWon.xyz. Staff never DM first and never ask for your seed phrase.
- See Security & Safety.
Reduce your risk
Decide your maximum budget before the window opens, and stick to it.
Use a dedicated wallet holding only what you plan to use.
Read the round page: program ID, upgrade authority, audits and claim policy.
Don't enter at the last minute.
Verify the draw after it happens.
Claim promptly and keep records of your transaction signatures.
By entering a raffle you confirm that you understand and accept these risks.