zkIgnite 3: Galxe Protocol
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zkIgnite 3: Galxe Protocol
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Sliced revolutionizes financial product interactions through a three-stage process: discovery, progress, and settlement. In the discovery stage, retailers become Group Owners (GOs), forming groups for collective purchases. Users express interest and agree on group settings, with GOs confirming and locking them in. The progress stage involves monthly payments, allowing users to acquire two goods monthly via raffle and auction. Auction winners pay extra instalments, reducing their payment duration and benefiting the group’s liquidity. In the settlement stage, ownership transfers from GOs to users. Groups act autonomously, making decisions via Mina’s Zero-Knowledge Proofs (ZKPs), ensuring privacy. Proposed solutions include smart contracts for regulatory compliance and identity verification via Mina. Trustless bridges enable integration with other blockchains, offering financial flexibility. Tokenized real-world assets further enhance trustless purchases. Users’ engagement and fulfilment build reputation, potentially granting access to exclusive groups and platform contribution privileges. Team Members Karol Podufalski / Wincenty Dulkowski / Alexander Blair / Andrzej Podufalski / Scott Phillips Discord ID: Karol#4597 / catalytic__converter / athor333 / capitanandy777 / Scollz Twitter: @athor333 Karol also worked on ‘Anonymous and trustless voting, as part of the ZK Builders Program’. Read the original zkIgnite proposal here >
Categories: Mina Protocol zkApps , zkIgnite , Privacy , ID , Community zkApps ,