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ChainImpact

Empowering impactful ideas with blockchain transparency, trust, and secure tier-based crowdfunding

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Description

šŸ—ļø Platform Overview

ChainImpact is a decentralized crowdfunding platform that simplifies campaign creation and support through the power of blockchain. With verifiable identity, structured funding tiers, and automatic smart contract deployment, weā€™re revolutionizing the way ideas get funded.

Why ChainImpact Stands Out: ChainImpact ensures transparency and security with smart contract-based campaigns. Built on Linea, it offers faster, cost-effective transactions compared to traditional and other blockchain platforms.

Link:  https://chainimpact-psi.vercel.app

šŸŒŸ Key Features

ā€¢āš” Fast & Cost-Effective Transactions: Experience Web2-like speed, scale, and affordability powered by the Linea Chain.

ā€¢šŸ”’ Decentralized Identity Verification: Leverage VERAX to verify campaign creators, ensuring authenticity and building trust.

ā€¢šŸ’° Tier-Based Funding: Flexible contribution levels designed to motivate backers and help campaigns achieve their goals.

ā€¢šŸŽÆ Smart Contract Factory: Every campaign gets its own unique smart contract deployed on the Linea Chain, ensuring transparency and security.


šŸ’” How It Works

1.Campaign Creation: Easily create a campaign with multiple funding tiers, allowing for flexible contributions and streamlined fundraising management.

2.Smart Contract Deployment: A unique contract is deployed automatically on the Linea Chain for every campaign.

3.Funding Tiers: Backers choose from structured funding levels designed to simplify contributions and help campaigns reach their goals effectively.

4.Transparency: All contributions and transactions are managed securely on-chain.


šŸ” Security Features

ā€¢Decentralized Identity: Creator verification through VERAX.

ā€¢Smart Contract Transparency: Custom contracts for every campaign ensure tamper-proof funding and management.

ā€¢Linea Blockchain Security: Fast and secure transaction processing.


Progress During Hackathon

Implemented a flexible tier-based funding system, deployed a scalable smart contract factory on Linea Chain for automated campaign contracts, integrated on-chain identity verification with VERAX to enhance trust, and developed a sleek, responsive user interface for seamless interactions.

Team LeaderSSoke
Sector
DeFi

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