Prorosca

Demo

About

The Problem: Founders Need Better Funding Paths 1. Traditional Venture Capital Is Broken - Slow, opaque, and gatekept by closed networks. - Often requires warm intros and early traction. - Dilutive by default — founders lose ownership too soon. 2. Lending Options Are Just as Difficult Most founders can't access traditional loans: - No steady income or credit history. - No collateral, especially in early stages. DeFi loans? Too risky or complex for real-world founders: - Lending protocols favor whales, not builders. 3. Lack of Trust & Transparency in Early-Stage Capital - No shared reputation or on-chain accountability. - Default risk is high, and cooperative funding is rare. - New founders have no signal to show they’re trustworthy. The Vision A new model where founders fund each other — with trust, not dilution. Peer-to-Peer Support 🤝 - Circles made of other founders who get it - Crewmates can cover each other in tough times - Built on trust, not credit scores Capital Without Compromise 💸 Full-time founders can bid for The Vault instead of: - Selling tokens early - Taking risky loans - Giving up equity too soon Fuel for the Builders-in-Waiting 🧪 - Part-time founders can save up for their future startup journey (by lending to current founders who need the money) - When they are ready, they can claim the vault and kick off their side projects with accumulated reward (interest repayment from previous founders)! Capital as a community — not a gatekeeper. Entrepreneurial ecosystem is sustainable and synergistic, not extractive or draining.

How it's made

This project was built as a Worldcoin Mini App deployed on Worldchain, designed to facilitate trustless funding circles using smart contracts and zero-knowledge proof-based identity verification. Stack Overview - Frontend: Built with Next.js App Router and Tailwind CSS for a fast, mobile-optimized UI. All user interactions—joining a circle, submitting contributions, viewing stats—are managed within the Mini App, embedded directly into the World App environment. - Smart Contracts: Written in Solidity and deployed using Remix for rapid iteration. The core contract, joinSail, governs participant contributions, payouts, and urgency-based fund allocation. It encodes both fixed-logic and customizable parameters for different circle structures (e.g., bid vs. random). World ID Integration - Proof of Unique Human Identity: Prevents Sybil attacks (one person creating multiple identities to game the system). Guarantees that each crewmate = one real founder, not a bot or duplicate. Adds credibility for VCs and users who worry about trust in pseudonymous systems. - Trust Foundation for the Ecosystem: The reputation system (CredKnot - Blockscout Merits!) relies on each identity being unique and persistent. Marooning (blacklisting) only makes sense if the ID behind the account can’t just re-enter under a new name. - Enables Fair Forgiveness Mechanism: Founders who default aren’t punished forever — but forgiveness only works if they're a verified individual and there's accountability tied to a real-world ID. - Future-proofing Compliance: Many investors and institutions are cautious about DeFi/DAO systems. Using World ID shows you’re thinking ahead to compliance, identity assurance, and scalable trust.