Inspiration
Our world has become a vibrant mosaic of cultures and identities. Despite our society's increasing globalisation and diversity, minority populations continue to confront numerous obstacles that form a complicated labyrinth that hinders their access to crucial resources and opportunities. UnityFunds tackles this issue head-on by harnessing the transformative potential of crowdfunding.
What it does
Imagine a society where one's destiny is not determined by skin tone, dialect, or zip code. A world where exceptional ideas can flourish because they have access to resources and support from all across the world. This is the vision of UnityFunds, a crowdfunding platform fueled by the collective force of you and millions like you.
Crowdfunding leverages the force of the crowd—the combined strength of people who believe in a project's potential—instead of depending just on a single source of money, such as a company or a government grant.
The minority communities are restricted by traditional financing sources because of their bias towards invisible lines. Minority-owned enterprises receive only 1% of venture financing, which stifles their aspirations before they have a chance to flourish. UnityFunds shatters these walls. We leverage the power of crowdfunding and blockchain to create a level playing field. This isn't just about money; it's about democratizing finance, where merit and community support fuel success.
Think of it as your personal Robin Hood, redistributing the wealth of opportunities to marginalized community
Since UnityFunds it based on blockchain, it was the following features:-
- Blockchain provides an immutable ledger. This means that once a transaction is recorded in the blockchain ecosystem, it cannot be tampered with.
- This ensures the integrity of financial transactions on the crowdfunding platform, reducing the risk of fraud or manipulation.
- There is also enhanced security
- Lower transactional cost because banks are not involved
Demo https://www.youtube.com/watch?v=qs47N7I_waQ&feature=youtu.be The time got extended because of the code walk-through
- 5mins: Demo
- 4mins: Code overview
How it works
- User logs into UnityFund their existing account or create a new one.
- In the dashboard, they are presented with a curated collection of diverse projects.
- The user can click on any campaign that sparked interest in them. They explore its detailed page, including campaign description, goals, impact potential in the community etc
- They choose their funding amount and payment method (UPI or blockchain) and make the contribution
How we built it
- Backend: Django, MySQL db
- Frontend: React, bootstrap
- Blockchain: Solidity, Gancher, ether.js
How UnityFunds satisfy judging criteria
How well is the project explained and presented in the video and write-up? The project is well explained and a brief code overview is also provided in the demo video. A detailed writing is also provided in Devpost
How creative is the project? UnityFunds tackles a crucial social issue using a unique approach – combining crowdfunding with the parallel powers of blockchain to empower marginalized communities. This novel solution tried to break the mold of traditional funding models and provide the minority community with a creative avenue for allocating resources
How well-made is the project? UnityFunds is a well-made platform that is user-friendly and easy to use. The project integrates React frontend with Django API backend and secure blockchain integration
What are the values that the project is based on? a. Empowerment of marginalized community b. Equality and inclusivity
How well does the project adhere to our theme. UnityFunds is a blockchain crowdfunding platform for the marginalized society. It is a well fit for the hackathon theme
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