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Decentralized Fundraising on Cardano (GoFundMe)

Introduction

This document describes the technical design of a decentralized GoFundMe-style fundraising system on the Cardano blockchain.

Campaign Creation: Anyone can deploy a new campaign by specifying a fundraising goal (in lovelace), a deadline (POSIX time), and a description (external link).

Parameterized Deployment: The contract generates a unique address / validator script per campaign.

Donations: Anyone can contribute ADA to a campaign by consuming a UtXO in the contract and locking it back in with a higher ADA amount.

Owner-Controlled Withdrawals: The campaign owner (identified by their public key hash) can withdraw the accumulated funds when the goal is reached or the deadline has passed.

Glossary

  • goal (Int): The fundraising goal expressed in lovelace.
  • deadline (Int): The POSIX time when the campaign ends.
  • owner (ByteArray): The public key hash of the campaign creator who can withdraw funds.
  • description (ByteArray): A link to an external source describing the campaign.

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