Finvote

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Inspiration

To eliminate the biases & errors in decision making of a project/idea by making use of the employee network within a company, hence improving the probability of being more people-centric.

What it does

Creates 2 sets of tokens for a user. Investment Tokens: A default set of tokens provided to the user while signing up, which could be invested into interesting projects. Governance Tokens: Set of tokens that help the token holder to influence the future road map of a project.

How we built it

We created the application to mimic a social media application because a design such as that would ensure the users can easily navigate through the platform. Then we proceeded to mock the idea of distributed ledger technology to create both sets of tokens but made those tokens function as Investment Tokens and Governance Tokens.

Challenges we ran into

Redistribution of tokens once the project is finished. Creating more tokens after users validate the projects based on set criteria. Finding out the 'Right of Token' based on the Investment and Contribution made to the project.

Accomplishments that we're proud of

Creating an application where the employees can upload their idea and get exposure. Facilitating collaboration and improving the scope of their project/idea.