The problem Cryptofunder solves

CryptoFunder can be used by multiple stakeholders, those in need of financial support for their projects can access it to gain a more global audience, and those looking for platforms to find and invest in awesome projects or help those in need can also use our platform to get higher autonomy and credibility on their investments.

Cryptofunder solves a few key problems prevalent in traditional crowdfunding platforms, such as:

Lack of Transparency: Traditional crowdfunding platforms often lack transparency, making it difficult for donors to know exactly where their money is going. Our platform uses blockchain technology to provide transparency and visibility into how funds are being used, creating trust between donors and fundraisers.

High Transaction Fees: Traditional crowdfunding platforms often charge high transaction fees, which can eat into the funds raised and make it difficult for smaller campaigns to reach their goals. CryptoFunder eliminates the need for intermediaries, reducing transaction fees and making it easier for campaigns of all sizes to raise funds.

Limited Autonomy for Donors: Traditional crowdfunding platforms often limit the autonomy of donors, dictating how funds can be used and leaving little room for flexibility. CryptoFunder give donors increased autonomy, allowing them to choose which campaigns they support and how their funds are used.

Limited Accessibility: Traditional crowdfunding platforms often have limited accessibility, with campaigns often limited to specific geographic regions or demographics. CryptoFunder allows anyone with an internet connection to contribute to campaigns, making fundraising more accessible and democratic.

Challenges we ran into

We had issues with stable internet connectivity which made it difficult for speeding up the development of the platform. We faced a large amount of difficulties connecting Acrana with Mantle. We also encountered hindrances connecting the blockchain with the frontend.