Automated Sweepstakes Protocol
Pryze, the first decentralized sweepstakes protocol, aims to reduce the cost and complexity of running traditional sweepstakes, by allowing sweepstakes to be created and operated via a decentralized and secure system. It automates most of the costs of sweepstakes operation and compliance via the Protocol, leveraging blockchain to provide security and scalability while reducing the considerable costs related to engaging auditors, prize administrators, escrow and sweepstakes consultants. Recently entered partnership with Consensys, Priceline and Hero Science Foundation.
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Pryze is creating the first sweepstakes automation protocol built on the Ethereum blockchain. We are developing our application and website to make it easy for new and veteran sweepstakes creators to easily run and maintain sweepstakes. Our aim is to bake compliance, security, and scalability into the Pryze protocol and therefore eliminate the need for costly administrative services and hosting platforms. We make all of this possible through the power of the Ethereum blockchain.