The problem PushForChange solves

• Accessibility
  • Traditional fundraising often relies on regional or centralized institutions, limiting access for people in different parts of the world.
  • Decentralized fundraising platforms, often based on blockchain technology, enable global participation. Anyone with internet access can contribute, fostering a more inclusive fundraising environment
• Reduced Intermediaries
  • Traditional fundraising involves multiple intermediaries, such as banks and payment processors, leading to increased fees and delays.
  • Decentralized platforms cut out many intermediaries by utilizing smart contracts on blockchain. This reduces transaction costs, speeds up the fundraising process, and ensures that more funds reach the intended recipients.
• Transparency and Trust:
  • Lack of transparency in traditional fundraising can lead to concerns about the allocation and use of funds.
  • Blockchain, being inherently transparent and immutable, allows for a transparent ledger of all transactions. Contributors can track their donations, and the decentralized nature of the platform reduces the risk of fraudulent activities, promoting trust among users.
• Smart Contracts and Automation
  • Traditional fundraising often involves manual processes and paperwork, leading to delays and potential errors.
  • Smart contracts, programmable contracts executed on the blockchain, automate various aspects of fundraising. This includes the release of funds based on predefined conditions, ensuring a more efficient and automated process.
• Decentralized Governance
  • Centralized fundraising platforms may lack community involvement in decision-making
  • Decentralized platforms often leverage tokenization, allowing for the representation of assets as tokens on the blockchain. This not only increases liquidity but also enables fractional ownership, making it easier for a larger number of people to particip

Challenges we ran into

User Privacy:

• Balancing transparency with user privacy was a bit of a challenge. Striking the right balance to ensure user data protection while maintaining the required level of transparency can be a bit complex.

Smart Contract Risks:

• Smart contracts, while powerful, can contain vulnerabilities. Auditing and securing smart contracts to prevent exploits and hacks require expertise in blockchain development and security practices.

Funding and Sustainability:

• Developing and maintaining a decentralized platform requires funding. Developing a sustainable funding model, whether through token economics or other means, is a significant challenge.