C

CB Swap

A Blockchain based DeFinancial application for Crowd Funding.

C

CB Swap

A Blockchain based DeFinancial application for Crowd Funding.

The problem CB Swap solves

Entrepreneurs face lot of dilemma before starting a startup or raising fund for their projects. As we all know that starting a venture is not an easy task, there are lot of challenges associated with it and one of them is raising fund. To help our entrepreneur to overcome this dilemma we have designed this platform. We have especially introduced a Web3.0 Crowd Funding Defi App for the Entrepreneurs/Developers for raising fund for their software/hardware projects.

So CB Swap step in to solve the problem we want to keep motivating the developers/entrepreneurs to keep developing and shape the Indian Startups and not get demotivated by the hefty amount it is needed to build the projects. So here we at CB Swap connecting the developers/entrepreneurs to the investor for raising funds and get supported by the investor to keep making the project and build the startup culture strong and we also kept in mind why not reward all the Investors for helping and donating and completing the projects minimum fund requirement goal.

Making it a Decentralized no 3rd party or Government is involved this reduced the commission and tax fees and the Smart Contract keeps every details of the transaction making it transparent and Blockchain technology increases the security of not getting fraud.

#💡 Features

  • We issued our own ERC20 standard token known as Cb token
  • Investor can buy or sell our Cb token (erc20 token) in exchange for Ethereum
  • Developer can create a project for fund raising in our platform
  • Developer can set a goal of fund they want to raise for their software/hardware projects
  • Investor can donate to the project with our Cb token
  • All the investor who help to complete the project goal amount for raising will receive Cb token as reward

Challenges we ran into

  • Configuring and connecting of local Blockchain
  • Debugging code
  • Writing efficient and good quality smart contract without bugs
  • Compiling smart contracts with proper syntax to reduce the gas fees
  • Creating erc20 standard token known as Cb token
  • Writing proper test for the Smart Contracts

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