Supabacker

Supabacker
Landing
Backer-first platform
Main page
Create project
Detail project page

Inspiration

Patreon, Kickstarter, Gitcoin, DeFi

What it does

Its like Kickstarter for social goods and creators. But decentralized and can be launched with just an idea, like a DAO

You can launch a Supabacker Project within minutes, instead of weeks or even months. Get support from backers without bureaucracy

The Supabacker grant model restores trust in the funding process, fosters participation, and rewards donors with utilities like NFT, private Discord channels, exclusive merch drops and unreleased content. Artifacts provide an added incentive for donation, proof of support, and the missing sense of ownership and collective responsibility for our public goods

Its Backer oriented: You can stake your money and then platform will share rewards from it to most beloved projects, also we provide an opportunity of withdrawal of funds from the project

How we built it

First we brainstormed the mechanics and the idea, then we sketched the design in Figma. The frontend is developed with React.js. We store basic information on ipfs using nft.storage. And only the ipfs link is written to the smart contract. Smart contracts are written in solidity with hardhat. Smart contracts are deployed on Hedera smart contract service

Challenges we ran into

Interaction between the frontend and smart contracts. Technologies like hethers.js, hashpack and Hedera smart contract service are still developing. There are also not many DeFi tools in the ecosystem. Like, for example, yield farming

Accomplishments that we're proud of

We have built a working platform that we believe can become a standard decentralized funding marketplace on Hedera Network

What we learned

That Hedera has a smart contract service and it's fast, it has room to grow. About the problems in traditional fundraising and how fast & secure blockchain can solve them. How to interact with smart contracts on Hedera