README.md

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About:

Welcome to SolidaritySwap, a groundbreaking platform dedicated to facilitating funding for projects worldwide, turning aspirations into concrete achievements through the innovative application of blockchain technology. At SolidaritySwap, our primary aim is to tokenize projects, revolutionizing the way funding is sourced and allocated for project development.

SolidaritySwap operates as a decentralized crowdfunding marketplace, providing a unique avenue for users to invest in tokenized initiatives from across the globe. Through our platform, users have the opportunity to create their portfolios and explore project details comprehensively, enabling informed investment decisions.

One of the key features of SolidaritySwap is its utilization of blockchain technology to tokenize projects. By tokenizing projects, we make it possible for backers to invest in specific aspects of a project, thereby democratizing the funding process and allowing individuals to support causes they believe in directly.

When users purchase tokens for a project on SolidaritySwap, they not only contribute to its development but also become entitled to a share of the project's profits. This model ensures that backers are not just investors but active participants in the success of the initiatives they support.

SolidaritySwap is more than just a platform; it's a community-driven ecosystem where dreamers and visionaries come together to transform ideas into reality. Whether you're an entrepreneur seeking funding for your project or an investor looking to support impactful initiatives, SolidaritySwap provides the tools and resources needed to make it happen.

Join us on SolidaritySwap and be part of a global movement dedicated to fostering innovation, empowerment, and positive change through decentralized crowdfunding. Together, we can turn dreams into tangible realities and build a brighter future for all.

Problem Description:

Excessive Bureaucracy: Investing in projects worldwide often involves navigating through layers of bureaucracy and complex procedures, making it cumbersome and discouraging for potential investors. These barriers prevent investors from accessing promising projects that could significantly contribute to global development.

High Interest Rates: The prevailing high interest rates pose a significant hurdle for individuals seeking capital to kickstart their ventures. This financial burden often discourages potential entrepreneurs from pursuing their ideas and stifles innovation and economic growth.

Restricted Credit Access: Accessing credit in traditional markets is often hindered by outdated standards that fail to recognize the potential of individuals with innovative ideas and skills. As a result, many deserving individuals are denied the opportunity to secure the necessary funding to turn their visions into reality.

Shortage of Institutional Investors: In many regions, there's a shortage of institutional investors willing to provide the necessary funding for projects. This scarcity limits the pool of available capital, leaving many promising initiatives without the financial support they need to thrive.

Solution:

Streamlined Investment Process: SolidaritySwap simplifies the investment process by leveraging blockchain technology, eliminating unnecessary bureaucracy, and providing a user-friendly platform for global project funding. Investors can easily explore and invest in a diverse range of projects without facing excessive administrative hurdles.

Lowering Financial Barriers: By tokenizing projects and democratizing access to funding, SolidaritySwap helps mitigate the impact of high interest rates, making capital more accessible to aspiring entrepreneurs. This inclusive approach fosters innovation and enables individuals from all backgrounds to pursue their entrepreneurial ambitions.

Decentralized Credit Evaluation: SolidaritySwap employs modern, transparent credit evaluation mechanisms that recognize the potential of individuals based on their ideas, skills, and merits rather than outdated criteria. This ensures fair and equitable access to credit, empowering innovators to bring their ideas to fruition.

Global Investor Network: SolidaritySwap connects projects with a diverse community of investors from around the world, bridging the gap between regional funding shortages and project financing needs. Through this expansive network, projects can secure the necessary investment to thrive and make a meaningful impact on a global scale.

Tech Stack & Blockchain Network:

Tableland for Fast Database Actions: By utilizing Tableland for data storage on the blockchain, we achieve rapid database operations, facilitating quick transaction processing and data retrieval. This boosts overall application performance and responsiveness.

Web3.storage for Efficient Image and Video Storage: We employ Web3.storage to efficiently store images and videos, ensuring optimal performance and reliability while maintaining data integrity. This allows us to deliver a smooth multimedia experience to our users.

Botanix for Cross-Network Transactions: Botanix enables seamless transactions between Bitcoin and Ethereum networks, enhancing credibility and leveraging the popularity of the world's largest cryptocurrencies. This integration ensures smooth token transactions and project actions across multiple networks.

IPC for Enhanced Performance and Security: We leverage IPC to optimize performance and enhance security across all IPFS contracts, leveraging the capabilities of Filecoin to bolster data storage and retrieval. This combination enhances both performance and security, providing users with a robust and reliable platform.

Svelte for Front-end and Backend Development: We utilize Svelte for both front-end and backend development, enhancing security and maintainability while delivering a responsive and intuitive user interface. This choice improves overall application stability and performance.

Fleek for Secure and Easy Deployment: With Fleek, we ensure secure and hassle-free deployment of our application, streamlining the deployment process and enhancing overall operational efficiency. This allows us to focus on delivering value to our users without worrying about deployment complexities.

Setup Instructions:

Branch:

Master: Combines both front end and backend functionalities.
Local Use:

Install local-tableland

npx hardhat run scripts/deploy.js

Add items in the '.env' file.

npm run dev

Utilize Hardhat wallet or MetaMask to interact with the contract.

front: Front end only with a static adapter.

Svelte-Back: Operates on the Filecoin testnet network (may experience some delays) and solely interacts with the contract.