DAOs or blockchain based decentralization has been limited to only crypto based projects. DAOs are supposed to be the executors and without complete government support DAOs will never be able to go off of blockchain.
InvesDAO allows its members to create decentralized fund raise campaigns for different themes. Innovators then propose their ideas that can make the world a better place and their investors rich! Once a fundraise campaign has chosen the most-promising proposal, InvesDAO turns the org into a legal venture. A legally recognised entity, real-world startup, with a 3-member board, with one decentralized board member, innovator and InvesDAO.
Our approach to it: We built our smart contracts from scratch taking motivation from multiple prominent smart contracts from teams like Aragon, 1Hive Gardens. While this is an ever-involving problem, our contract is too! We'll continue refining our contract to fulfill our goals.
Our approach: We brainstormed and laid out the participants' roles to incentivize every participant to fulfil their duties to the best of their abilities. InvesDAO gains intrinsic value by forming more startups which have value in the real-world.
One of our smart contract exceeded the 24576 bytes code limit and couldn't be hosted however it's functionality was shown and tested through hosting it's children smart contracts through remix. We were able to build a Proof-Of-Concept but not a production level application. Contracts will be broken down into smaller.
Proposals are not very informative and hence a detailed version is allowed to be seen from a resource on ipfs or through a social media thread dedicated for the proposal. While social media thread just had to be hyperlinked, for ipfs we had to access Textile.io's bucket APIs to store and access data. Here, we haven't encrypted the data so anyone can view the uploaded proposals as shown in the picture. Our ipfs link is: /ipfs/bafybeihhefbgyspnjbk2koxt36lwgoclwr2effuvmbbvuxtxpizwaedhd4.
While we couldn't make the finished product look stunningly beatiful, we did build a skeletal frontend. But, fret not, we've uploaded images that show our delightful to look at intended design! Brownie points? xD Our design is inspired by 1Hive Gardens.