Moku's "no-loss" NFT raffle locked up over 19% of its own token's supply in 12 hours. Nobody has lost anything yet. That's the pitch.
Pupkins Gen 0 opened Oct. 27: 15,000 $SCHIFFY per ticket, no cap per wallet, 1,800 Boxes of two Pups each. Every Pup doubles as a wallet holding tokenized stocks, and Gen 0 lines earn a cut of breeding fees on everything bred after them.
By Tuesday afternoon, 10,064 tickets were chasing those 1,800 Boxes. Odds tilt toward early depositors and anyone holding Moki NFTs or more SCHIFFY. Losers get refunded, or can spend tickets in a "Second Chance Shop." Moku says over $1M is committed, with about five days left.
No loss for the players. For the token, a week with nearly a fifth of the supply sitting in a jar.
Source: Moku on X