DApp in Crowd Funding

Induce Decentralized Crowd Funding to Make it User-Friendly, Interoperable and to do Complete Testing.



DAPP in Crowd funding

Simple Crowdfunding DApp

This is a simple crowdfunding dapp intended to show off what I've learned from the B9 Lab Ethereum course. The contracts are written in Solidity and the app is utilizing the Truffle framework. The frontend of the app is built with React and Webpack.

The frontend app for this project is built on React and forks off of the truffle-webpack-demo project by Consensys. The cool thing about this is that it combines the latest in regular frontend javscript development with Ethereum. In order to manage the state of the dapp, Redux was chosen.

Goals of This Project

One of my goals of this project was to see if there was a way I could abstract the asynchronous web3 and contract calls into a simple API that I could then integrate into a standard React+Redux Action/Reducer flow. This was achieved with the web3Api.js file. This approach works well with the asynchronous nature of interacting with the blockchain as things like contract properties, and account balances can seemlessly notify the app when they have updated and the UI will reflect those changes instantly.

Here is an example of how this flow works:

  • Upon initial load the app dispatchs fetchProjectsAndDetails()
  • FetchProjectsAndDetails dispatchs the requestProjects Action and makes async request to web3Api's getProjects()function
  • When the getProjects() request resolves it returns the result to the fetchProjectAndDetails() function and dispatchs the receivedProjects Action which notifies the FundingHub Reducer that the state has changed.
  • When the app sees that the state for FundingHub has changed, the UI re-renders with the new project properties and the projects are displayed in a table on the page

Smart Contracts

FundingHub.sol The first contract is the Funding Hub. This contract is responsible for creating and maintaining a list of all Project contracts. FundingHub also offers a contribute method which can be used to contribute directly to a Project. To demonstrate a potential business model use-case Projects have been locked to only allow receiving of funds from their managing Funding Hub. You can imagine a scenario in which the FundingHub takes a small fee for managing each project.

Project.sol This contract contains all of the logic around how a crowdfunding project should operate. Projects are "locked" to their Funding Hub and can only receive funds sent thru the associated FundingHub contract address.

Main Functions

Fund This is the function called when the FundingHub receives a contribution. If the contribution was sent after the deadline of the project passed, or the full amount has been reached, the function must return the value to the originator of the transaction. If the full funding amount has been reached, the function must call payout. NOTE: This is slightly different than the original instructions.

We wanted to enforce the withdrawal pattern in the refund method as opposed to a group send. The withdrawal pattern is generally considered safer and avoids some of the pitfalls of call depth and out-of-gas issues.

Payout If funding goal has been met, transfer fund to project creator. This function protects against re-entrance and is only payable to the project creator.

Refund If the deadline is passed and the goal was not reached, allow contributors to withdraw their contributions. NOTE : This is slightly different that the final project requirements, see above for details.

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