ENG FUNDS
EngFunds - A Fully Decentralized Crowdfunding Platform
About
The problem it solves EngFunds allows creators to post their campaigns and solicit funds from a community of interested people. Once the funding is successful, it returns the backers with campaign-specific NFT. All these multiple transactions are accounted for and tracked by blockchain, an immutable distributed ledger; thus, it is impossible to forge. Blockchain also eliminates the influence and manipulation of centralized crowdfunding platforms with more than required access to the campaigns running on their platform.
How it's made
Challenges we ran into One major challenge was ensuring the platform's security and preventing fraudulent activities. Since blockchain is decentralized and operates on a trustless system, developing a robust and secure smart contract is important to handle transactions and ensure that only legitimate projects receive funding.