Verifund Crowdsourcing

Verifund is a decentralized crowdsource funding protocol that was developed at Hack Boston in 2022 and won awards for Best Subgraph from The Graph Network, as well as Best Real World Application from Telos.

The goal of this project was to use the transparency of public blockchain transactions to provide insights to the uses of crowdsourced funds. Using the Verifund protocol, someone wanting to raise money can create a campaign, which specifies a cause, as well as an "allow list" of wallet addresses where funds can be sent. Raised funds are stored in a smart contract, and can only be sent to the publicly know wallets on the allow list. This way, donors know the potential places that their donations can go, and they can track the usage of the funds on the blockchain.

The subgraph for Verifund was created to provide insights on campaigns being created and funded.

---

Verifund was developed in Solidity and deployed on the Ethereum Goerli testnet as well as the Telos testnet.