DISCLAIMER

• Upon creation of your Raffle/Auction, the NFT prize will be transferred into an escrow wallet.
• You will be charged a rent fee of 5.25 Algo. Once the Raffle/Auction is over 4.8 Algo will be refunded back to your wallet.
• Upon creation of a Raffle/Auction 0.2 Algo will be kept for fees such as opting into assets and transaction fees. An additional 0.25 will be kept for QOL updates and costs to keep the site running.
• If no tickets sell you can cancel the Raffle. Your NFT will be returned if there are no ticket sales.
• You can choose the amount of time a Raffle/Auction runs. Each requires a minimum of 24-hour run time.
• Watch out for Fake NFTs. DOUBLE CHECK the Asset ID. You can click on the ID and it will redirect you to Rand Gallery to confirm the NFT is real.
• RaffleBees will take a 5% commission fee from ticket sales.
• Buzzy Bee holders will get their commission fee reduced by 50%. They will also be included on the Featured section of the home page. Hive Keepers will get their commission fee reduced by 10% (up to 50% with 5 Hives).
• These fees will be sent directly back to the HIVE Community Vault for future use.
• Your NFT will be returned if there are not any ticket sales/bids.
• Auctions have an anti-snipe feature. Any bid within the last 5 minutes of an auction ending extends the duration for an additional 5 minutes
• RaffleBees or its team does not assume any responsibility or liability for your use of RaffleBees, promoting or marketing the Raffles/Auctions or ASAs.