CrowdFunding

This is a Platform where People can make their Campaign that can be based on anything like Raising money for a Spoon :sweatsmile: This Platform is inspired from Kickstarter but a Decentralized and Distributed version which makes it less prone to any scammer activities.

Technologies Used

Follow 😊

Table of contents

1. Usage
2. Directory Structure
3. Why CrowdFunding ?
4. Smart Contract Used
5. Future Scope

Usage

Note: Make sure you have Node.js installed.
Run following commands in your terminal.

git clone https://github.com/AlphaDecodeX/CrowdFunding
cd CrowdFunding
npm install
npm run dev

Directory Structure

CrowdFunding (Main Project)
│   README.md
│   server.js (Starting point of app)
│   routes.js
│
└───components (React Components)
│   │   ContributeForm.js
│   │   Header.js
│   │   ...
│   │
│   └───ethereum (Contract, Testing and Deployment of Contract)
│       │   compile.js
│       │   deploy.js
│       │   ...
│
└───pages (Routing Pages for Next.Js)
|   │   index.js
|   │   ...
|
└───test (Testing of Contract with Mocha)
    |   Campaign.test.js

Why CrowdFunding ? 😃

At the Kickstarter You can raise funds for your Project (Can create a campaign). People do create campaigns and gets funds by a no. of contributers. The main Problem with this Platform is One can scam others by creating a visual appealing campaign, and can run away with the money raised.

To overcome this Problem, Crowdfunding is a Platform which is distributed and decentralized with a Proper voting system. The Process of raising funding through Crowdfunding is as follows 😉

• Campaign is created (Manager - The one who creates the campaign) with some minimum contribution set limit.
• If manager needs funds then H/She have to create a Spending request with address of wallet provided(The address to whom the money of contributers will be sent).
• Now, Approvers can approve the spending request by voting (Approvers are those who contributed into the campaign with atleast minimum amount)
• After getting enough approvals (Approvals > TotalApprovals/2) then the money contributed by the contributers till now will get transferred to the provided wallet.

Smart Contract Used

Future Scope 😊 😊

• 🚀 Feel free to make this System more robust and You can contact me over my social handles provided above at the top.
• ✈️ Don't forget to Follow and Give a Star. Peace ✌️