Ethereum domains are gradually becoming more and more popular and used in the web3 landscape.
There are many volumes of exchanges of these domains, in the form of NFTs that are traded in major NFT marketplaces, foremost among them Opensea.
Dedicated ENS marketplaces have also been created over time, the most famous being ENS Vision.
Thus, most of the exchange volume occurs through marketplace listings and direct purchase.
ENS raffles is a space dedicated exclusively to ENS domain. The main difference from marketplace is that Domains here are sold via a Raffle process. Basically, a domain owner can offer his domain for sale through a raffle, which takes place on Layer2 (right now Arbitrum).
Anyone interested can purchase tickets on the Arbitrum network, and at the end of the process, a winner is identified in a trustless way via Chainlink. The winner can redeem his or her domain on the Ethereum network.
As it is designed, Ethereum Name Raffles allow for several advantages:
With the purpose of understanding the feasibility of this Raffle system dedicated to ENS domains the ENS Raffles team developed a Proof of Concept of raffle using
the test version of ENS domains available on Ethereum Goerli
Arbitrum Goerli to develop ticket sales (so as to test communication between L1 and L2)
Chainlink to determine winners in a trustless way
This POC can be used in testnet on our website It is also available a guide to using the POC and a guide to using ENS in Goerli testnet
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