F

Fund+

Total Transparency for all your transactions

F

Fund+

Total Transparency for all your transactions

The problem Fund+ solves

We all know that donating funds to a non-profit is for a good cause, but have you ever wondered where your hard-earned money is being used? This might be a well-known fact that the funds are not used at the right places, for instance:Baba Ka Dhaba . All the donations that are spent are very opaque and the donors are not provided with an immediate benefit. To encounter this problem we have build FUND+. To provide transparent smart contracts for the donations and expenses made by an NGO/Fundraisers. With the help of blockchain technology, the trust and authenticity of the fundraiser can be enhanced as donors will be able to track the payments made by the non-profit. With FUND+ non-profit organisations are recognised as trusted after the signup process and they will be able to collect funds seamlessly through the app. For the Donors, we have provided an amazingly powerful dashboard to keep track of all his donations and thereby getting immediate tax exemption tokens. With the cutting-edge Blockchain technology, all the transactions made via FUND+ are taken care of and not even a single penny goes unaccounted for. This way the donor is ensured that his donations are making a difference in the real-world. We do plan on monetising this app either by getting a certain percentage cut from all the donations made for Phase 1 and then gradually move on to a more Robinhood approach where we provide a wallet option for the user and based on his interest we automatically do the donations providing him with the receipts and tax exemptions and we gain the interest from his wallet over a period of time.

Challenges we ran into

Web3 integration with the browser
Deciding an apt smart contract for the idea decided
Deciding wallets available in the market

Discussion