The problem Blockchain based Crowdfunding Platform solves

A blockchain-based crowdfunding platform can solve several problems related to traditional crowdfunding methods, such as:

Lack of Transparency: Blockchain-based crowdfunding platforms offer a high level of transparency by recording every transaction on the blockchain, making it publicly accessible and tamper-proof.

Limited Accessibility: Traditional crowdfunding platforms may have geographical limitations, but blockchain-based crowdfunding can enable anyone with an internet connection to participate, regardless of their location.

Intermediary Fees: Traditional crowdfunding platforms may charge high fees for intermediaries such as banks, but blockchain-based crowdfunding platforms can reduce these costs by eliminating intermediaries.

Risk of Fraud: Blockchain-based crowdfunding can minimize the risk of fraud since all transactions are recorded on a decentralized network and cannot be altered.

Slow Transaction Times: Blockchain-based crowdfunding platforms can significantly reduce transaction times by eliminating the need for intermediaries, which can speed up the fundraising process.

Challenges we ran into

Smart Contract Deployment on Live Testnet
Integration of Smart Contract With Frontend
Errors in Transactions