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4CrowdFunding

4CrowdFunding

We aim to create a decentralized crowdfunding platform using blockchain, which allows creators to post projects with funding goals and deadlines, and investors can contribute funds to projects.

Created on 23rd August 2023

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4CrowdFunding

4CrowdFunding

We aim to create a decentralized crowdfunding platform using blockchain, which allows creators to post projects with funding goals and deadlines, and investors can contribute funds to projects.

The problem 4CrowdFunding solves

In our innovative platform, we've streamlined the user experience to make joining and participating in projects a breeze, especially for those who already possess a NEAR wallet. By using blockchain technology, the platform eliminates the need for intermediaries, reduces transaction fees, and enables global participation. Besides, we're aiming to provide a more transparent, and secure crowdfunding platform.

Projects are divided into categories

We provide 3 types of projects:

  • Charitable Crowdfunding: education, healthcare, disaster relief, environmental conservation, and social welfare.
  • Community Crowdfunding: for community centers, parks, schools, sports teams, cultural events, or small businesses (start-up).
  • Creative Crowdfunding: allows artists, musicians, filmmakers, writers, and other creative individuals to raise funds for the production of their work, such as albums, films, books, artworks, or performances.

Project milestone

Our initiative also permits the establishment of milestones, which are distinct targets that must be accomplished prior to the disbursement of funds. This guarantees that funds are disbursed exclusively upon achieving precise goals, lessening the potential for fraudulent activities and guaranteeing the appropriate utilization of funds according to their designated purpose.

Keep track of money

Customers can effortlessly monitor their donation flow, as transactions are stored across blockchain nodes, enabling them to easily track how their funds are utilized by the project owner. This enhances trust among customers and fundraisers alike.

Challenges we ran into

UnorderedMap

When participating in a donation project, it deletes another project from all created projects. This took me 2 days to fix, I finally realized that the UnorderedMap data retrievals wrong

Hardware is not suitable for running smart contract

We all use Windows laptops, so some functions of Near are not supported, to be specific, although I use WSL 2, I can't manage to create a Near app. After several attempts, we decided to run Linux on the virtual machine, and the problems were solved, however, the memory was quite limited, so we

Not enough time for further development

Due to encountering certain issues with team formation, some members disengaged, prompting us to postpone. It wasn't until two weeks before the submission deadline that we commenced work, resulting in limited time to develop certain advanced features as intended. Consequently, some functionalities had to be streamlined.

Tracks Applied (3)

Frontend & BOS Tools

Our platform frontend uses BOS components to design and display information. BOS components and tools for users or devel...Read More
Proximity Labs

Proximity Labs

Web2 to Web3

This application is designed to address the shortcomings of traditional Web 2.0 crowdfunding platforms, including transp...Read More
NEAR Foundation

NEAR Foundation

Native Prizes

For any new project or existing projects (not listed) with new features built during the hackathon. Projects can be dApp...Read More
NEAR Foundation

NEAR Foundation

Discussion

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