LuckyDragon e-Ticket

This is a short-term electronic asset, linked to an independent biweekly draw of TipLooper Platform. It offers the possibility of winning prizes without the need of participate in the regular weekly draft.

For each buy transaction an e-ticket is generated.

Every 15 days (second and last Monday of month), a digital draw selects the winners by region. For each LuckyDragon bought, the customer may receive one of the following prizes:

• 1st  Prize: $5.00 USD in Credit for Purchases.
• 2nd Prize: $1.00 USD in Cashback.
• 3rd  Prize: 20 Bonus Points.

LuckyDragons can only be purchased with points. The maximun quantity of LuckyDragons per transaction is 25. The maximun amount per biweekly draft is 100.

At the time of purchase, the customer must enter the quantity of LuckyDragons, and pick 1 of the following color list:

• Green
• Yellow
• White
• Blue
• Red

An additional color can be selected in the first purchase within current period (prior to next biweekly draw) or anytime in case of paid customers. This doubles the chances to win a prize.

The cost of each LuckyDragon is 5 points. This means the minimun points deducted from Bonus Points account for each transaction is 5 points, the maximun value per transaction is 125 points. 

On the day of the draw, at one of the TipLooper's kiosks, the TipLooper team selects any individual (someone with TipLooper app installed in their phone) to randomly choose the winning LuckyDragon color.

All e-tickets with the same winning color will be awarded.

For each region, 5% of e-tickets of the winning color are randomly selected as first prize winners.

For each region, 10% of the e-tickets of the winning color are randomlyselected for the 2nd prize.

The rest of e-tickets of the winning color are awarded with the 3rd prize.

TipLoCard its a digital gift card that a giver customer offers to a receiver customer (using only the cellphone number). This credit is non-transferable, but it has an expiration date and can only be used for purchases of products or services at the partner stores.

This gift card can be paid using any external payment method registered in the mobile app. There is a charge of $1.00 USD per transaction.

Once the receiver customer signs in TipLooper's platform and activates the giftcard in the mobile app prior to giftcard expiration (6 months after creation), the giver receives a 10 Bonus Points (25 points for paid subscription customers).