Inspiration
We drew inspiration from age-old principles—barn raising, here in North America and Bayanihan from the Philippines, where a community comes together to support themselves.
What it does
Inspired by barn raising and Bayanihan, ComFinance fosters a sense of community support beyond transactions, ensuring no one faces their financial journey alone. Our platform connects individuals and communities, allowing them to pool resources and support each other financially.
How we built it
Frontend: The client side was built using NextJs Backend: Developed using NodeJs API Service: REST API Smart Contracts: Written in solidity Simulation: Ganache and Truffle Chain: Avalanche Tooling: Hardhat Payout Model: The position selection and payout was implemented using Chainlink Verifiable Random Functions (VRFs)
Challenges we ran into
Some of the challenges includes: Code error and debugging Issues Small team and limited knowledge
Accomplishments that we're proud of
Deployment of the MVP to illustrate the idea
What we learned
Actual building and deployment of decentralized applications
What's next for ComFinance
Implementing the funds distribution using chainlink
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