How PrizePulse Works
Competition Overview
PrizePulse competitions are exciting, time-limited events where participants purchase tickets for a chance to win cash prizes. As the competition progresses, participants are randomly eliminated until only one winner remains.
Each competition has a set duration (1-24 hours), ticket price, and minimum prize amount. The actual prize pool grows as more tickets are sold.
How to Participate
Create an Account
Sign up for a free PrizePulse account to participate in competitions.
Purchase Tickets
Buy tickets for active competitions. Each ticket gives you one "life" in the competition.
Stay in the Game
As the competition progresses, random eliminations occur. The last remaining participant wins the prize!
The Elimination Process
PrizePulse uses a fair and transparent elimination algorithm to randomly remove participants throughout the competition:
- Eliminations happen at random intervals based on the competition's duration
- The elimination rate increases as the competition progresses
- Each ticket has an equal chance of being eliminated
- The system ensures at least one participant remains at the end
Elimination Curve Types
- Linear: Constant elimination rate throughout
- Accelerating (Default): Starts slow, increases over time
- Custom: Special elimination patterns for unique competitions
Mini-Prizes
Throughout the competition, random participants win mini-prizes from a portion of the prize pool:
Frequency
- Low: Fewer, larger prizes
- Medium: Balanced distribution
- High: More frequent, smaller prizes
Prize Sizes
- Small: 0.1-0.5% of prize pool
- Medium: 0.5-1% of prize pool
- Large: 1-2% of prize pool
Winning the Competition
The competition ends when only one participant remains with active tickets. This participant wins the main prize!
The prize amount is calculated as:
Prize = (Total Ticket Sales × (1 - Platform Fee Percentage)) + Minimum PrizeWinners receive their prize via their preferred payment method shortly after the competition ends.