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Block-Team

DimoHack VITAP

Overview

The Decentralized Crowdfunding Platform is a blockchain-based solution that connects project creators directly with a global pool of investors, eliminating the need for traditional intermediaries. The platform aims to ensure transparency, security, and trust in fundraising activities, while also fostering community engagement and adherence to regulatory standards.

Features

Smart Contract Escrow

  • Funds contributed by investors are securely held in escrow until predefined conditions are met.
  • Smart contracts automate the release of funds based on project milestones, ensuring trust and accountability.

Voting Mechanisms

  • Community members can vote to support projects they believe in, democratizing the project selection process.
  • Voting mechanisms enhance transparency and decentralization, allowing stakeholders to collectively decide on the allocation of funds.

Reputation Systems

  • Project creators and investors earn reputation scores based on their contributions and interactions within the platform.
  • Reputation systems foster trust and accountability, as higher reputation scores indicate credibility and reliability.

Regulatory Compliance

  • The platform adheres to regulatory standards to protect investor interests and ensure legal compliance.
  • Measures are implemented to prevent fraud, safeguard investors, and address issues such as KYC/AML procedures for investor verification.

Transparency and Deployment

  • The platform's codebase and contract address are publicly accessible on GitHub for transparency and scrutiny.
  • Deployment is done on a testnet chain, allowing stakeholders to verify the integrity and functionality of the platform.

Technology Stack

Blockchain

  • Ethereum blockchain is utilized for its robustness, security, and smart contract capabilities.

Smart Contracts

  • Smart contracts are written in Solidity, Ethereum's programming language for smart contracts.

Frontend Development

  • HTML, CSS, and JavaScript are used for building the user interface.

Web3.js

  • Web3.js is a JavaScript library that enables interaction with Ethereum smart contracts from the frontend.

Deployment

  • Github pages are used for deployment

Getting Started

Clone the repository: git clone https://github.com/adysingh5711/BlockFund and work accordingly

Contributors

License

This project is licensed to Aditya Singh.

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