Greetings from the McLaren World, fam!

Winmclaren
6 min readMay 28, 2021

It has been a while. Not only did we miss communicating with y’all but also had a little announcement on your part.

A community token with a well-thought-out reward structure. Make a difference by trading, holding, and winning.

We’re here to reward the community with a variety of prizes and charitable contributions, notably Mclarens and everyday sweepstakes.

The entire novel concept is of the finest calibre!

Each transaction sends 4% of the transaction to the McLaren fund, which is held in a separate wallet that is safeguarded via multisignature cryptography. ICYMI, a multisig algorithm, in most cases, generates a shared signature that is far more succinct than a group of unique signs from multiple participants.

Each time when McLaren fund hits the 211,000 Binance USD [BUSD] criterion, which would be enough to buy a brand new 2021 McLaren 570S Spider (starting at $211,300), a winner will be picked via a chain link draw, and the lucky individual will get the entire sum.

In other words, winners will be chosen and rewarded through draw via chain link. This chain link blockchain is 100% transparent and verifiable.

Tokenomics

Maximum tokens: 1 billion

> 500 million will be allocated to the presale. (50 percent)

> Liquidity will receive 350 million. (i.e., 35%)

> 100M will be consumed right now! (10 percent)

> 50 million will be allocated to the development and marketing! (5 percent)

The funds received from the Presale will be spent as follows:

> 80% will be used to fund liquidity and will be locked in for the rest of time.

> The burn address will receive LP Tokens (that will be equally locked forever).

> 20% is allocated for marketing and operations

Mechanics

The “WINMCLAREN” token is a rewarding asset.

>The McLaren Fund receives 4% of each transaction.

> WINMCLAREN Hodlers will receive 2% of the transaction.

> The WINMCLAREN-BNB Liquidity Pool receives 2% of the transaction value.

> The daily jackpot fund receives 2% of all transactions.

> 1% of the transaction is contributed to the dedicated team so they can enjoy the ramen dish.

> 1% of the purchase is spent on marketing

> 1% of the purchase is used for charity and donation purposes (for instance, a donation made to the WWF)

An illustration of the McLaren’s DRAW

The tokens you have are your tickets. You have more tickets if you have more tokens at the time of the draw! You obtain tickets when you buy or get WINMCLAREN. When you sell or send WINMCLAREN, the smart contract destroys your tickets.

When you purchase tokens, you will receive a number of tickets equal to the quantity of tokens purchased. When you’re the first buyer and purchase 90 tokens, you will receive tickets ranging from 1 to 90, as an example.

Scenario (a) The RFI charges implications

Remember that RFI charges apply, thus when you buy 90 tokens, you’ll actually get 90 tokens less RFI fees. Assume 10% fees, which means you’ll get 81 tokens and tickets would consequently range from 1–81.

Scenario (b) Assuming that there are 0% RFI fees

When the tokens are sold by an individual, the representing tickets are forwarded to the WINMCLAREN contract, where they are burned. If you intend to sell 40 tokens, you will have tickets ranging from 1 to 40, and tickets 41–100 will be burned i.e. they will now pertain to the WINMCLAREN contract.

Remember:

  • Each time when the MCLAREN fund reaches $211,000, a drawing will be held to determine who will get the entire sum!
  • By using their official Telegram and Twitter account, we will inform the day and the dedicated time of the drawing.
  • Furthermore, each McLaren draw will be featured on live streams for further transparency.

[Pro-Tip] To maximise your tickets, send or receive 1 WINMCLAREN before the draw. This allows you to include the 2% reflection from other people’s transactions in your tickets. You can even transfer yourself some tokens.

  • The MCLAREN Fund is a multisig contract, keep that in mind. It will only transfer funds if the transaction is approved by a majority of the people.
  • And the persons on the multisig include five different community members who may be trusted.
  • McLaren is a Secure Asset Fund for Users.
  • It’s also worth noting that the users’ tickets for the McLaren draw have included a 2% fee that is passed onto hodlers. FYI, you have a better chance of winning if you hodl!

McLaren Funds — A scenario-based illustration

We can send out more McLarens if we have greater volume! A daily jackpot incentivizes volume!

Mclaren funds receive 4% of every transaction. Once Mclaren Walled has been filled with $211,000, a chainlink draw will take place, with the winner receiving the entire sum. As aforementioned, this chain link blockchain will be 100% transparent and verifiable.

It’s worth noting that there are no restrictions or limitations on sending Mclarens out.

Scenario 1:

If we have a transaction volume of $5.5 million on the first day of launch, 4% of that will go directly to the Mclaren wallet, and a draw will be held for one Mclaren 570s spider to be sent to a lucky winner.

Scenario 2:

If we have $11 million in transaction volume on the first day of launch, 4% of that will go to the Mclaren wallet, and two Mclaren 570s spiders will be handed out to two lucky winners.

The Daily Jackpot

This incentivization is absolute music to my ears, isn’t it folks?

Participate in the Daily Jackpot! Incentivizes volume in a big way!

As previously stated, 2 percent per transaction is donated to the regular jackpot fund. A portion of that amount will be used to reward volume on a daily basis, as selected by the community and the team. A part of the revenue from the presale (the operations fund) could be used to seed the daily jackpot.

Winners of the daily jackpot will be awarded in one of two ways:

1. The top three users in terms of volume for the day will receive 50% of the daily prize. Volume is the total amount of WINMCLAREN sent and received.

The following is a distribution list:

> 50% of the prize is contributed to the first selected winner

> 30% of this fund is dedicated to the second winner

> 20% is for the 3rd place

2. Half of the money will be given in a resembling draw system to the MCLAREN Fund.

There will be ten draws, each paying out 5% of the daily prize.

To be eligible for these drawings, you must be in the top 4–100 users in terms of volume on that particular day.

The daily raffle does not include positions 1–3.

ICYMI, the tokens you have are your tickets. If you’re in position 4–100 on the volume leaderboard, the more tokens you have at the time of the draw, the more tickets you’ll get.

Every day at 19:00 UTC (07 PM UTC), the Daily Jackpot winners will be selected and announced on the official telegram group (of WINMCLAREN).

Users’ tickets for the daily jackpot draw encompass the predetermined 2 percent fee, which is reflected to hodlers. You have a better chance of winning if you hodl!

Charity Oriented

Each transaction contributes 1% to the charity fund. We would be delighted to be the WWF’s largest conservative community partner. Each charity transaction will be live streamed, and the transaction receipt (or proof) will be shared on our social media pages for authentication purposes.

Development of the Community

Our community is important to us at WINMCLAREN. Each transaction will contribute 1% to a community pool, which will be utilised to engage influencers from various domains including the general public through innovative contests.

We invest in community development and are undertaking every step to assure the expansion of the WML community, which will assist WINMCLAREN in sending out Mclarens and land to the moon.

The Team Reflection

Each transaction will contribute 1% to the team fund. This will keep the team committed, and their motivations will be aligned with the protocol’s future growth and also align with the community expansion.

Final Thoughts

To make this a positive, reliable, and an innovative experience, a lot of thinking and sheer determination has been poured into it!

Grab some snacks, sit back and enjoy the ride!

Disclaimer

Before the launch, the WINMCLAREN team ensures that smart contracts are audited. Furthermore, McLaren’s team members and developers have taken appropriate measures to assure the integrity offered by the protocol, including extensive testing and collaborative efforts, as well as building WINMCLAREN employing multi level screening and tested code.

Top two audit firms will be elected for smart contract auditing purposes based on community trust (i.e. voting). The WINMCLAREN team will not remain hidden, and we will be undertaking several live feeds to support steady solid development and upgrades, as well as to introduce fresh ideas and faith among the members of the community.

The WINMCLAREN team and community are not responsible for any financial losses you may experience as a result of using the WINMCLAREN platform or WINMCLAREN token.

Please perform a rigorous study undertaken and due diligence on WINMCLAREN and other procedures before investing your money and savings in them.

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Winmclaren

A community token with smart rewarding system. Trade, Hold, Win and MAKE DIFFERENCE.