Decentralized Crowdfunding for Social Impact

Built on Internet Computer Protocol (ICP)

Abstract

Collective Impact is a decentralized crowdfunding platform empowering communities to fund and govern social impact projects (e.g., volunteer trips, environmental initiatives) through DAO governance, transparent donations, and real-world rewards. Built on ICP, it eliminates intermediaries, reduces fees to near-zero, and ensures every dollar is tracked on-chain.

1. Introduction

1.1 The Problem

• Centralized Control: Traditional platforms (e.g., GoFundMe) charge 5-10% fees and censor projects.
• Opaque Spending: 30% of charitable funds are misallocated (Stanford Study).
• Limited Incentives: Donors lack ownership or governance rights.

1.2 The Solution

• DAO Governance: Contributors vote on project funding via governance tokens.
• Near-Zero Fees: <0.1% fees via ICP’s reverse gas model.
• Tangible Rewards: Earn redeemable tokens for volunteer trips, certificates, or governance rights.

2. Technical Architecture

2.1 Blockchain Infrastructure

• Internet Computer Protocol (ICP):
  • On-Chain Hosting: Frontend + backend fully decentralized.
  • Scalability: 1,100+ TPS, 1-second finality.
  • Cost: $0.0001 per transaction.

2.2 Smart Contracts