EtherFund: A Blockchain-Based Decentralized Crowdfunding Platform

Author(s)	Sumit S. Sagane, Anuj J. Ghom, Atharv N. Phuse, Harish S. Chopade, Mahesh A. Ghongade
Country	India
Abstract	The increasing demand for transparency, security, and efficiency in crowdfunding platforms has driven the adoption of decentralized systems powered by blockchain. EtherFund is proposed as a blockchain-based decentralized crowdfunding platform utilizing Ethereum's smart contract capabilities. This paper explores the design, architecture, and benefits of EtherFund, focusing on how it addresses issues inherent in traditional platforms such as centralized control, high fees, and lack of transparency. The research also provides a detailed analysis of EtherFund’s potential to enhance trust, security, and efficiency within the crowdfunding ecosystem. Findings indicate EtherFund's significant potential to revolutionize the crowdfunding industry by decentralizing control and ensuring secure.
Keywords	Blockchain, Crowdfunding, EtherFund, Smart Contracts, Decentralization
Field	Engineering
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-11-15
Cite This	EtherFund: A Blockchain-Based Decentralized Crowdfunding Platform - Sumit S. Sagane, Anuj J. Ghom, Atharv N. Phuse, Harish S. Chopade, Mahesh A. Ghongade - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.29934
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.29934
Short DOI	https://doi.org/g8rd5x

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