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Zk-Market

Zk-Market is a groundbreaking marketplace that bridges the gap between Web2 and Web3 ecosystems through the innovative use of zero-knowledge proofs.

Zk-Market

Created At

ETHGlobal Singapore

Winner of

Rootstock - Best use of Rootstock Blockchain

Project Description

The Zk-Market SDK serves as a secure channel for Web3 protocols to engage with both Web2 and Web3 protocols while adhering to customizable business logic. This unique integration allows for novel scenarios that benefit both ecosystems. For instance, Web3 protocols can now expand their user base beyond web3 users by partnering with Web2 platforms. Through this collaboration, Web3 protocols can offer airdrops or other incentives to early adopters from the Web2 world, effectively bridging the gap between these two digital realms. This strategy not only helps Web3 protocols to acquire and retain a broader user base but also provides value to Web2 platforms by incentivizing their users to engage with blockchain technology. As users from Web2 platforms are rewarded for their participation, they're more likely to remain active on both the Web2 platform and the partnered Web3 protocol. This symbiotic relationship fosters growth for both ecosystems simultaneously, creating a win-win situation that accelerates the adoption of blockchain technology while enhancing the value proposition of existing Web2 services.

How it's Made

This project at its core uses ZkTLS library, it is a dapp built on RootStock Blockchain. It contains diferent dashboards for the for the user and protocol which allowa each of them to prove or verify according to their needs. The Smart Contract stores the proofs on the blockchian and is available for verification by any protocol, and initiate the transaction according to the condition of the claim.

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