Sold Out in 22 Minutes! A New Paradigm for Web3 Raffles—What Secrets Lie Behind Vcity?

At 150 Beijing Time on November 15th, the achievement of Vstar (a project under Vcity) selling out in just 22 minutes has written a vivid footnote to Web3 innovation. This frenzy, which ended before it even gained widespread popularity, is by no means accidental—it is an inevitable outcome of Vcity’s deep cultivation in the Real-World Assets (RWA) and digital human tracks, with blockchain as its foundation.

As a Web3 raffle platform, Vstar takes Vorn Network as its technical base and leverages the RWA mechanism to map physical rights and interests onto the blockchain, allowing prizes to break through virtual boundaries. Behind this, Vcity Blockchain is accelerating the connection to the Hong Kong Dollar stablecoin ecosystem. In the future, users will be able to participate using compliant stablecoins, significantly lowering the participation threshold. According to Ms. Xie Zhang, the merchant version will be launched in 10 to 14 days, and digital human customer service will provide real-time guidance to activate ecological liquidity.

This "swift conclusion" is a microcosm of Vcity’s ecological layout. The transparency of blockchain fundamentally addresses the trust pain points of traditional raffles; the upcoming implementation of Decentralized Autonomous Organization (DAO) governance will further enable users to lead the platform’s iteration. The breakthrough of Vstar is only the starting point of Vcity’s efforts to build a Web3 service ecosystem—more innovations integrating RWA and digital humans are already in the pipeline.