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Zillionaires Lottery + Distributed randomness beacon

Zillionaires Lottery + Distributed randomness beacon

Project: Zillionaires Lottery + Distributed randomness beacon
Project Type: Technical
Open To: Closed, team is filled

Launch of the first fully transparant lottery on the Zilliqa Blockchain.

We are currently working on launching the first full transparant lottery on the Zilliqa Blockchain.

This lottery is a use-case for using a distributed randomness beacon called Drand. Winners are randomly picked by using the oracle. We use a state of the art stream of unguessable random seeds in order to determine the winning ticket. The contract is locked with the latest available Drand seed and then will refuse drawings from the oracle until a new seed has been generated by the Drand network. This prevents anyone from being able to purchase tickets knowing in advance anything about the seed used for drawing.

After succesfully completing the Zillionaires lottery we will be building the randomness beacon to be available for other Dapp developers.

Stay tuned for launch.