Durvesh Chaudhari

Dynamic Initial Public Offering (IPO) Allocations in Web3 Problem EquiChain Solves and Key Features Traditional Initial Public Offering (IPO) allocation systems are manual, inefficient, and biased, often favouring institutional investors while sidelining retail participants. This lack of transparency and fairness discourages broader participation. EquiChain resolves these issues by offering a decentralized, transparent, and unbiased platform for IPO allocations, leveraging blockchain technology to ensure equal opportunities for all participants. Key features of EquiChain include: • Randomized Allocation: Utilizes Supra L1 DVRF to guarantee unbiased and secure random allocation of IPO shares. • Data Security: Employs Lit Protocol for the encryption and decryption of critical files, including .txt, .json, and .pdf. • Seamless Transactions: Processes payments securely through Coinbase for efficient financial operations. • Simplified User Onboarding: Integrates Octa and CoinDCX for a user-friendly registration experience, especially for blockchain novices. • Decentralized Storage: Ensures secure and scalable storage of IPO-related data using Akave