In existing Crowdfunding platforms, there's no ensured security. People just come and list their startup by giving a fake idea and raising the money. Therefore, the money invested by the investors is misused. It's always prone to vulnerability and doubtful returns. CRYPTO FUNDRAISER is a blockchain-based crowdfunding platform. If the campaign creator wants to use this amount he/she has to create a spending request as:
- Why does he/she wants to spend the money?
- How much does he/she want to spend?
- To whom(vendor address) does he/she wants to send the money?
Then the approvers(people who have contributed to the campaign) should approve the request created by the
campaign creator. If the request gets a majority no of approvals/votes.then the amount can be sent
to the vendor specified by the campaign creator. The voting system used is decentralized as blockchain technology
is used in implementing it. This makes the voting system more secure and also cost-efficient while guaranteeing the
voter's privacy
It was our first time integrating and sending transactions using metamask in frontend