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Block Chain
Wraffle is run on blockchain to ensure every transaction is logged and tracked in the ledger.
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Buy, Sell, Win
Luxury Goods, Collectibles and Experiences
Wraffle is a Web3 powered infrastructure built on the Artbitrum blockchain where consumers can purchase NFTs of items for Wraffle and win access to luxury goods, exclusive experiences and limited edition collectibles.
The Wraffle infrastructure provides the most effective solution that's focused on security, transparency and the ultimate user experience
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Blockchain
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NFT
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Secure
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Transparent
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Assets
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Experiences
NFT
Each listing has exclusive and unique ERC-20 NFTs that are paired to it which remain in the buyer's wallet for protection.
Secure
All buyers and sellers vetted when participating in the marketplace to ensure the security of assets and fairness for users on the Wraffle platform.
Transparent
Wraffle employs open source Real Random technology so that all parties can see full transparency of every winning selection.
Assets
Every transaction on Wraffle will be managed by a personal concierge from winner selection to transferring possession of assets or experiences
Experiences
Each experience is hand selected and curated by the Wraffle staff to ensure peak luxury, exclusivity and satisfaction for all parties
Scalable
All buyers and sellers vetted when participating in the marketplace to ensure the security of assets and fairness for users on the Wraffle platform.
Licensable
All buyers and sellers vetted when participating in the marketplace to ensure the security of assets and fairness for users on the Wraffle platform.
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The only luxury and collectible marketplace that gives decentralized access to all users
Backed by the best
Frequently Asked
Have a question that is not answered? You can contact us atinfo@wraffle.com
How do I list an item on Wraffle?
First you need to create an account on Wraffle and complete the verification process. Once this is complete you are now about to create listings on the platform. When you submit an item, please ensure that it fits into our product categories and follow all the instructions for how to best facilitate the listing. Once the item is successfully uploaded and meets our product criteria it will then go to approval process before it becomes available to buyers on the platform. This process usually takes about 5-10 minutes to complete from listing creation to going live.
How does the Wraffle process work?
When you list an item on Wraffle you are given the option to choose how long you want the sale to last, the minimum dollar amount you’re willing to accept for the item after fees (the reserve price), how many NFTs you would like to mint for the item going up for Wraffle and the price of the NFTs. The total amount of all NFTs sold should be closely correlated to the current market price of the item you are listing after fees and taxes.
How does the NFT work?
The NFT sold in each Wraffle in tied directly to the item being listed. The ownership of the NFT represents a potential to win that item when the Wraffle is completed. Each NFT is uniquely created for the item it represents and has an exclusive serial identifier which corresponds to the item when it goes to the selection process. The NFT remains in your digital wallet in perpetuity even after the winner is selected.
Do I need to send my item to Wraffle when it's listed?
We never take possession of items when they are listed on the platform. Though we do require you to submit a verification process for each item so that we are able to verify authenticity. This enables us to to ensure that all items listed on Wraffle are real and authentic so that buyers can have the best experience when purchasing NFTs to win the item. Once the winner is selected Wraffle will assist you in coordinating the transfer of possession for the item.
What if my item doesn't sell enough NFTs to meet the reserve?
If the Wraffle duration has completed and your item does not sell enough NFTs to reach the reserve price that was set when you listed the item, all NFT purchases will be refunded to the buyer and you are free to relist the item on the platform again in the future.
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