CeloRaffle

Problem Statement

Centralization Risks: Organizers have total control over funds and the drawing process, leading to potential manipulation. High Entry Barriers: Traditional payment rails make small-value ticket purchases expensive and slow due to high transaction fees. Lack of Verification: Participants have no way to mathematically prove a winner was selected fairly or that prize distribution was executed as promised. Manual Bottlenecks: Organizers must manually track entries, verify payments, and send prizes, which is inefficient and prone to errors. High Transaction Friction: Traditional payment methods make micro-ticket purchases difficult. Difficult to scale: Managing large numbers of participants becomes messy. Opaque: Users have little visibility into how winners are chosen.