Fund +

Total Transparency over all your transactions

Comment

Inspiration

We all know that donating funds to a non-profit is for a good cause, but have you ever wondered where your hard-earned money is being used? This might be a well-known fact that the funds are not used at the right places, for instance: PM CARES FUNDS. All the donations that are spent are very opaque and the donors are not provided with an immediate benefit. To provide transparent smart contracts for the donations and expenses made by an NGO/Fundraisers.

What it does

To encounter this problem we have build FUND+. With FUND+ non-profit organizations are recognized as trusted after the signup process and they will be able to collect funds seamlessly through the app. For the Donors, we have provided an amazingly powerful dashboard to keep track of all his donations and thereby getting immediate tax exemption tokens. With the cutting-edge Blockchain technology, all the transactions made via FUND+ are taken care of and not even a single penny goes unaccounted for. This way the donor is ensured that his donations are making a difference in the real-world. We do plan on monetizing this app either by getting a certain percentage cut from all the donations made for Phase 1 and then gradually move on to a more Robinhood approach where we provide a wallet option for the user and based on his interest we automatically do the donations providing him the receipts and tax exemptions and we gain the interest from his wallet over a period of time.

How we built it

Fund+ is built using Blockchain and Web frameworks. The application is donor-friendly and supports various cryptos for donations all over the world.

Challenges we ran into

  • Connecting web3.js to metamask.
  • Working on distributed ledger.
  • Test network run.

Accomplishments that we're proud of

  • Second Runner up of HackNuthon 2020
  • Top 15 of SLAC 2020

What we learned

Usage of Blockchain Technology. How decentralized networks function.

What's next for Fund +

  • Implementation and scaling up of the application.
  • Testing and marketing of the concept.

Built With

Share this project:

Updates