Goonz, the lifestyle and streetwear brand established on the blockchain, has revealed the incorporation of Chainlink Verifiable Random Function (VRF) on the Polygon network for its first marketplace raffle. The integration with Chainlink, the leading player in the field of decentralized networks, assures an unbiased and auditable procedure for picking winners.
This move addresses the often criticized lack of transparency associated with conventional fashion and streetwear draws. By leveraging VRF, Goonz promises a level of openness like never before. This allows all participants to validate the authenticity of the winner selection process independently.
Goonz has its roots in contemporary pop culture, hip-hop, and streetwear scenes and started as a unique NFT collection. The brand has evolved to offer its holders a range of experiences and exclusive products which can be found here.
Choosing Chainlink for Secure Raffles
The selection of Chainlink VRF was made to ensure a secure and impartial raffle process. Generating a reliable and independently-verifiable random number is crucial but challenging due to security considerations for smart contracts.
Chainlink VRF was chosen because it is supported by groundbreaking academic research, backed by a robust Oracle network, and offers security through cryptographic proofs generated and verified on the blockchain. This ensures that every random number utilized in our smart contract is genuine and reliable.
How Chainlink VRF Enhances the Raffle Process
The Chainlink VRF function generates a random number and a cryptographic proof by merging yet-to-be-known block data when the request is made with the Oracle node’s pre-committed private key. The smart contract from Goonz will only accept the random number input if it comes with valid cryptographic proof.
This unique feature guarantees that the underlying randomness in the winner selection process is provably fair and has not been manipulated by the oracle, external entities, or the Goonz team. For participation in the raffles, ticket purchases are to be made using the Goonz reward token, BRED.