FunDAO

FunDAO

FunḌAO, a Milestone-based Decentralized Crowdfunding Platform that uses DAOs & Communities and DeFi Lending Protocol to incentivize and secure backers when funding new project ideas.

Created on 7th April 2024

FunDAO

FunDAO

FunḌAO, a Milestone-based Decentralized Crowdfunding Platform that uses DAOs & Communities and DeFi Lending Protocol to incentivize and secure backers when funding new project ideas.

The problem FunDAO solves

  • Encourage project funding by rewarding to incentivize backers through leveraging DeFi
  • Empower backers to initiate project closure and receive remaining funds through utilizes DAOs Gourvernance

Challenges we ran into

Understanding the concept of DAOs and DeFi is challenging but it is rewarding! So, probably creating a good pitch deck is the primary challenge

Tracks Applied (1)

Solution Tracks

Utilizing DAOs & Communities and DeFi Lending Protocol, the idea of a milestones-based decentralized crowdfunding platfo...Read More

Technologies used

Discussion

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