Crowdfunding: A Decentralized Application for Trustworthy Fundraising
Mr.Aksh Kotadia1, Mr.Purav Hirpara2, Mr.Manoj Choudhary3, Mr.Sahil Jinadra4
Assistant Prof. Ashraf Siddiqui5
1Department of Computer Engineering, Universal college of Engineering
2Department of Computer Engineering, Universal college of Engineering
3Department of Computer Engineering, Universal college of Engineering
4Department of Computer Engineering, Universal college of Engineering
5Project Coordinator, Universal college of Engineering
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Abstract - In an era where traditional funding models often fail to meet the needs of emerging projects and startups, a decentralized crowdfunding platform built on blockchain technology offers a transformative solution. This platform connects innovators with a global network of contributors, enabling secure, transparent, and efficient fundraising without intermediaries. Leveraging smart contracts, transactions are automated, ensuring that funds are released only when predefined conditions are met, minimizing risks and enhancing accountability. Designed to empower creators across diverse sectors—such as technology, arts, and social impact—this decentralized application (dApp) facilitates seamless project promotion, financial management, and direct engagement with backers. The integration of blockchain technology ensures immutability, traceability, and security, providing contributors with confidence in the integrity of the funding process. Through a streamlined interface, creators can share their vision using compelling storytelling and multimedia content, attracting supporters who believe in their mission. By harnessing the power of decentralized technology, this platform democratizes access to funding, fosters innovation, and nurtures a thriving ecosystem where ideas can flourish. It serves not only as a funding avenue but also as a collaborative space where innovators and supporters unite to turn visionary ideas into reality.
Key Words: Crowdfunding, Smart Contract, Blockchain, Decentralized application(Dapp), Metamask
