LCP
Overview

Experience a provably fair NFT lottery platform with transparent lucky draws, automated NFT bidding, and a decentralized lottery solution for secure results.

At A Glance

industry
Industry
Blockchain as a Service (BaaS)
region
Region
USA
duration
Duration
4 Weeks

Technical Stack

Node.js
DynamoDB
Solidity
CryptoSlam
Serverless
Shopify
Ethereum

Client Profile

Based in New York, the client offers exclusive NFT projects where users can participate in lucky draws through an NFT bidding system without the need to pay in cryptocurrency. Their goal was to build a highly transparent and automated lucky draw platform powered by NFTs.

Challenge

The client encountered several key challenges while building a transparent and efficient lottery platform, aiming to create a decentralized lottery solution. As they envisioned scaling their NFT-based lucky draw system into a fully transparent blockchain lottery platform, the following challenges emerged:

  • Fairness in Selection:
    They needed a reliable and unbiased method to ensure a provably fair lottery winner selection through a provably fair algorithm, supporting a transparent lucky draw process.
     
  • End-to-End Management:
    A comprehensive NFT management platform was required to handle the complete lucky draw process from NFT management to winner declaration.
     
  • Need for Automation:
    The client wanted the entire process to be automated to minimize manual and potential for human errors.
     
  • NFT Handling:
    Efficient organization and tracking of all NFTs available for lottery draws was essential for smooth operations.
Diagram of provably fair lucky draw platform for exclusive NFTs, showcasing transparent selection process and system architecture

Solution

Seaflux delivered a provably fair lucky draw platform that ensured transparency, automation, and reliability at every stage, forming the foundation of a robust decentralized lottery solution.

  • Blockchain-Based Fairness:
    A smart contract written in Solidity and deployed on the Ethereum blockchain ensures that the winner selection process is verifiable and tamper-proof, enhancing trust across the NFT lottery platform.
     
  • Automated Admin Portal:
    A ReactJS-based admin dashboard was developed to automate the entire process, including NFT selection, participant registration, scheduling, and winner announcement.
     
  • One-Click Winner Selection:
    The admin can initiate the provably fair algorithm to select winners instantly with a single click, ensuring smooth and transparent results.
     
  • NFT Management via Shopify:
    Shopify integration enables easy management of all NFTs listed for the lucky draw and handles transaction processes seamlessly.
     
  • NFT Insights in Real-Time: 
    The integration of the Cryptoslam API into the platform allows it to show trending blockchain and NFT collections in the last 24 hours by sales volume.

Key Benefits

  • 50,000+ User Base in 6 Months:
    The platform gained rapid traction, attracting over 50,000 active users within just six months of its launch.
     
  • 29% Reduction in Operational Costs:
    End-to-end automation significantly reduced manual efforts, cutting operational expenses by nearly 29%.

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