Built on Avalanche
About AVAX5050
Our Mission
AVAX5050 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. AVAX5050'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 Avalanche Network.
Why Avalanche?
Bit5050 chose the Avalanche Network for its robust infrastructure, lightning-fast transaction speeds, low fees, and superior scalability. Avalanche's innovative consensus mechanism and EVM compatibility ensure a smooth and efficient experience for our users. "Bit5050 always felt like Avalanche was one of the most innovative and fastest-growing blockchain ecosystems. We decided to build AVAX5050 utilizing all the great tools and infrastructure the Avalanche Network provides" - Bit5050
Security Model
Security & Transparency
Avalanche Network allowed us to customize, build and design our dream DAPP. We designed the 50/50 Raffle system to be fully automated, transparent, fair (our random number generation process is verifiably fair) and secure. Every transaction, from the winners selection, creators of 50/50 raffles to the platform wallet is recorded on the blockchain for complete transparency. Powered by Avalanche.
NO emergency withdrawal functions
The contract is designed without hidden escape hatches that can drain raffle funds.
NO admin backdoors or controls
No privileged operator controls that can override the raffle rules.
Truly decentralized and immutable
Core raffle operations run by contract logic, not manual intervention.
Funds protected by mathematics alone
Security comes from transparent smart-contract rules and on-chain execution.
Self-healing and permission-less operations
Anyone can help complete required public operations when conditions are met.
Trust Outcomes
Why this matters for users
The AVAX5050 contract is designed to minimize human control and maximize predictable on-chain behavior.
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
AVAX5050 is part of Bit5050, a community-driven project. We believe in building a strong community around AVAX5050. Our platform is designed with user feedback in mind, and we're constantly working to improve 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