The problem Raise - Support Open Source Projects in Flow solves

• Generally, many innovative and creative projects with highly efficient ideas and structures fail to succeed and expand as their growth stops due to insufficient funds and resources. We have brought up a solution in the most efficient and Advanced Manner
• Any Project/ Startup in need of funds and investment can easily list their project on our platform. We provide public exposure to those projects listed in our application.
• General People can easily visit our website to check all the listed projects and fund any project with any amount of their choice, helping those projects receive Crowd Funding.
• We will be partnering with other major companies to create a pool of funds which will later be used to convert the crowdfunding into Quadratic Funding.
• This will help the projects gain up to 100 times more funds than they’ll be receiving from normal crowdfunding.
• This will provide them with enough Funds to Grow and Prosper in the Web 3.0 Ecosystem and will also receive public exposure and reviews which will help toh to contribute more and improve themselves.
• This will be required to expand the ecosystem of web 3.0, as approx 90% of companies \ Projects Fail due to a lack of funds in the market.
• Our Platform will help all of those to Raise Funds from the services that our platform provides for them.

Challenges we ran into

• It was the first time we built on the Flow Blockchain.
• We initially struggled to comprehend the mechanics of the Flow Blockchain.
• Resource, Collection, and creating vaults were new topics to understand.
• Also, I faced difficulty in creating vaults so that normal people can directly fund the grants. Flow Discord server helped me to fix those queries.
• We completed the Flow Blockchain course from learnweb3.io and that helped me to understand the basics of Cadence and Flow Blockchain.
• The hackathon workshops helped us a lot, and we quickly became proficient in writing Cadence scripts and transactions.