BlockBeats News, January 15th, Galxe launched the world's first global zkRaffle, achieving on-chain fair and transparent lottery through smart contracts and zero-knowledge technology.
The zkRaffle is supported by the Drand oracle for on-chain real-time and historical data, uses SP1 zkVM to generate proofs of the lottery execution, ensuring fairness and transparency. Winner identity is verified through Merkle Tree, while also supporting multi-chain reward distribution.
At the same time, Galxe also launched the zkRaffle Quest with a 300,000 G token prize pool, providing users with hands-on experience of zero-knowledge technology.
