Famance

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  Whitepaper

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  Profile page

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  Transactions page

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  Home page

Inspiration

The social media ads model is quite broken, there no longer is any legitimacy amongst people. Individuals are getting faker by the minute. We need better ways to express what/who we stand for

What it does

It let's you invest monetarily into people, say I invest $50 into my favourite singer, the song he releases does good, the price would increase making me a profit, it he gets cancelled or becomes irrelevant the price decreases making me a loss, simple.

How we built it

Via PostgreSQL, Javascript, HTML, Bubble.

Challenges we ran into

First we had to come up with the formula for the minting curve, and we had to test it thousands of times and came to the conclusion of using the y=x^2*0.003 as it had the best curve. Another challenge was rollback when the transactions went stale or there was an internet issue from the client-side.

Accomplishments that we're proud of

It works beautifully, having the acid properties and that we've also conceptualized and built the worlds most stable cryptocurrency. it is far more stable than the incumbents

What we learned

There are a plethora of calculations involved in each step and just knowing all the calculations isn't enough implementing it in code was really hard and fun.

What's next for Famance

Smart contract based reward systems(very interesting), implementing charts, suggestions on who to invest, specialized news and more

Built With

• bubble
• css3
• html5
• javascript
• postgresql