About 5050SOL
Our Mission
5050SOL by Bit5050 is revolutionizing the raffle experience by bringing it to the blockchain. We're committed to creating a transparent, fair, and exciting platform for crypto enthusiasts and the Avalanche community. 5050SOL's web3 50/50 raffle system assures our users that each 50/50 raffle is executed transparently, on-chain, securely, fast, and fun! 50/50 raffles on the Solana Network.
Why Solana?
Bit5050 chose the Solana Network for its robust infrastructure, lightning-fast transaction speeds, low fees, and exceptional scalability. Solana's widespread adoption, high user activity, and deep liquidity aligned perfectly with our vision of introducing a new category to the retail cryptocurrency space. In our view, the memecoin frenzy has run its course. It's time for a new wave of projects that prioritize utility, transparency, and long-term value. We've always believed Solana to be one of the most innovative and rapidly evolving blockchains in the ecosystem. With that conviction, we built 5050SOL—leveraging the full potential of Solana's advanced tools and infrastructure to deliver a next-generation crypto experience. — Bit5050
Security & Transparency
The Solana Network provided the flexibility and performance we needed to design, build, and launch our ideal decentralized application. With 5050SOL, we created a fully automated 50/50 raffle system that prioritizes fairness, transparency, and security. Our verifiably fair random number generation ensures unbiased winner selection, while every transaction—from raffle creation to prize distribution—is recorded on-chain for complete transparency. The speed, reliability, and scalability of Solana power the entire experience, enabling us to deliver a seamless and trustless raffle platform.
- ✅NO emergency withdrawal functions
- ✅NO admin backdoors or controls
- ✅Truly decentralized and immutable
- ✅Funds protected by mathematics alone
- ✅Self-healing and permission-less operations
- 🔒True Decentralization: No single point of failure
- 🛡️Enhanced Trust: Users know their funds are 100% safe
- ⚡Reduced Attack Surface: No deployer key compromise risk
- 🌐Immutable Operations: Contract works exactly as advertised
Community First
5050SOL is part of Bit5050, a community-driven project. We believe in building a strong community around 5050SOL. Our platform is designed with user feedback in mind, and we're constantly working to impr ove the experience.
"50/50 Raffles happen all the time at various venues and events all over the world. We just tokenized it and made a web3 version of it"
"All product no token, All service no token" We wanted to build something that was transparent and fair for the crypto community with real utility"
Bit5050