ErgoRaffle
Operational
DeFi
A crowdfunding service with lottery elements, allowing fundraising for projects where participants can win rewards.
ErgoRaffle is a decentralized crowdfunding platform that combines fundraising with lottery mechanics. Projects can raise funds by selling raffle tickets, with participants receiving a chance to win prizes while supporting initiatives they believe in. The entire process runs on ErgoScript smart contracts, ensuring provable fairness and transparent fund distribution.
The platform uses Ergo's native randomness capabilities to select winners in a verifiable way. Unlike traditional lotteries where users must trust the operator, ErgoRaffle's on-chain execution means anyone can verify that winners were selected fairly. This trustless design eliminates the possibility of manipulation while reducing operational overhead.
ErgoRaffle serves as infrastructure for community fundraising, charity events, and project bootstrapping within the Ergo ecosystem. Projects can configure ticket prices, prize structures, and funding goals. When a raffle completes, smart contracts automatically distribute funds to the project and prizes to winners, creating a self-executing crowdfunding mechanism that requires no intermediaries.
Key Features
Crowdfunding
Lottery System
Provable Fairness
Project Funding
Built With Ergo Technology
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