Vulfund

Vulfund

Vulfund is a blockchain-based crowdfunding platform that facilitates transparent and impactful crowdfunding for disadvantaged/vulnerable individuals and institutions.

Vulfund

Vulfund

Vulfund is a blockchain-based crowdfunding platform that facilitates transparent and impactful crowdfunding for disadvantaged/vulnerable individuals and institutions.

The problem Vulfund solves

In Africa, less privileged communities such as motherless baby homes, orphanages, senior citizen homes, homes for disabled or special needs people, and other underprivileged communities struggle to access essential resources such as food, healthcare, education, and skill development.
The traditional fundraising methods for this social causes in Africa often lack transparency and control over how funds are used as a result of the centralized donation systems that faces issues of trust and efficiency, suffer from high administrative fees, and face challenges in reaching a global audience. This limits the support available to those in desperate need.

Solution & Objectives:
Vulfund addresses these issues by:

  1. Decentralization: Utilizing blockchain technology to create a transparent and secure platform, eliminating intermediaries and ensuring all donations reach their intended recipients.
  2. Treasury Donations and DAO Governance: Empowering donors through NFT membership (granted for donations of $100 or more) to collectively decide on funding allocation through community voting for the treasury.
  3. Direct Impact: Providing a platform for underprivileged institutions to register their needs and receive direct financial support for essential needs like food, healthcare, education, and skills training from a global crowdfunding community.

Smartcontract deployed on base sepolia on:
VulfundNFT deployed at: 0x799A21ee3C1264e31382E50B95191f6A8A82868d
VulfundV2 deployed at: 0x4f58C0e9CBDcf5D7Ec3471987AA28D6beE12ebe9

Challenges we ran into

N/A

Tracks Applied (1)

Main Track

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