The problem VENTURO solves

Introducing Venturo: Where Crowdfunding Evolves. In the past, the uncertainty of funds reaching their destination plagued crowdfunding. Then emerged smart contracts, a prime Web3 feature, instilling transparency and fund traceability, fostering user trust. Yet, a new challenge arose – the immutability of smart contracts hindered adapting fundraising goals. Enter Venturo's solution: Upgradable smart contracts, empowering users with flexibility to modify ongoing campaigns, ensuring your vision thrives unhindered.
With upgradable smart contracts, creators can iterate on their campaigns without starting from scratch. If a project reaches a milestone and requires additional funding for expansion or refinement, creators can modify the contract parameters to reflect these changes. This keeps backers engaged and motivated to continue supporting projects they believe in.
pgradable smart contracts can be audited and updated to fix security vulnerabilities, which can help to protect users' funds. Non-upgradeable smart contracts are more vulnerable to attacks because they cannot be patched once they are exploited.

Challenges I ran into

Technical Complexity: Integrating upgradable smart contracts within the existing crowdfunding framework is a technically complex task. It involves ensuring compatibility between different technologies, managing contract upgrades while maintaining data integrity, and testing thoroughly to prevent vulnerabilities.

Smart Contract Security: Designing secure smart contracts is paramount, especially when dealing with funds and sensitive user data. Ensuring that the contracts are immune to attacks, vulnerabilities, and unauthorized access requires a deep understanding of blockchain security practices.

User Experience and Education: Introducing a novel concept like upgradable smart contracts to users might require significant effort in terms of user education. Simplifying the explanation of how the contracts work and their benefits is crucial for user adoption and trust.