Cryptrade

Mutual Fund in Cryptrade

Inspiration

 Our team was interested in field of Crypto and Block-chain which inspired us to do our application Cryptrade. We decided to contribute something new to this field. While we were going across various applications and ideas we noticed same ideas and nothing was new in that field. So we have come up with an unique and new solution.

What it does

After brainstorming we thought of including mutual fund in our app which will encourage many users to invest. Our application is fruitful for both users and developers. Also we have added new features like analysing and tracking invested fund. We have experts to guide people in correct path by giving them insights about profitable investments. We have options of converting crypto currencies also switch coins. Our app is easy convertible for online transactions which can be easily done with QR code or phone number. You can deposit money here and share money to your friends if they need.

How we built it

We built our wire framing and prototyping using figma. We will develop our application with Android Studio. For API's we will be using FireBase.

Challenges we ran into

We tried and came with many ideas in other topics but after deep research we came to know all those are existing and ideas and there was novelty. It was quite hard to come with new and exciting ideas but we tried to overcome after hours of discussion and concluded with this idea.

Accomplishments that we're proud of

We are really happy and proud to say that we have included mutual fund concept in the world of cryptocurrency. In this a person with money who wishes to invest but not with required amount to buy a bitcoin can just give a small share of amount in terms of mutual fund. A person can withdraw their share when they wish to and they will be given the profit share of their investment at the time of withdrawing.

What we learned

During this hackathon we got a lot of exposure to the field of Block-chain and Crypto currency. We learned to use tools like Figma, Android Studio, Animaker and etc... As a first time hackathon participation Hack this fall 2.0 was a great kick start to us.