Rounded

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  UI Representation

We were thinking of a solution that would help donating more to charities.

When using Ubeswap to do some exchanges or Moola to stack some cEUR, we realized that none of us was caring about the pennies that came after the digits on the transaction amount. However, if all the Celo community gathered these pennies, wouldn’t they be valuable ? Charities benefiting from ImpactMarket work could also benefit from this money, no ?

Then, we asked ourselves how we could gather all this pennies ? What would be a frictionless solution, helping you to donate money to charities without the hurdle of having to plan for it.

There comes Rounded.

Rounded allows anyone in the Celo ecosystem to easily make charity donations.

How does it work ? Simple. Whenever you are transferring funds on Celo-based Dapps, Rounded asks you if you want to round-up the money you are transferring and allocate the extra pennies to one of ImpactMarket’s projects. To do that, Rounded will soon provide Celo-based Dapp and exchanges with a modular solution allowing any user to sign right after the main transaction a new smart contract that will round-up the transaction and allocate the difference to the chosen humanitarian association.

For now, we have built a smart contract that allows you to transfer the rounded-up amount to the ImpactMarket. We have also built a user interface showing how Rounded would integrate with Ubeswap. Moreover, we queried the Celo explorer to analyze transactions done by some of the most popular Celo community smart contracts.

During this hackathon, we have learned a lot ! First, on the Celo ecosystem and on its mission to make the crypto world more meaningful. From a technical standpoint, as 3 of the 4 of us are non developers, we started familiarizing ourselves with the smart contract aspect of the blockchain and the challenges that arose from developing a solution such as Rounded. We also learned a lot on working with each other, delegating tasks and trusting each other’s work. Finally, we learned on ourselves, on what was truly motivating us.

When we came across the mind-blowing fact that 4 in 10 American adults would either borrow, sell something or not be able to pay if faced with a $400 emergency expense, according to a 2017 Federal Reserve survey, we realized that Rounded just started it’s mission.

Built With

• machine-learning
• python
• react
• solidity
• sql
• typescript
• web3