multi-token support enhances the platform’s adaptability and appeal, benefiting both fundraisers and contributors. Transactions can be done in various tokens, attracting a broader audience and increasing the potential for higher contributions.
Well, yes, there is support for it but the feature hasn’t been released yet. Where users can set up recurring payments for donations. This feature allows donors to choose a specific amount and frequency.
So stay tuned for the feature release ![]()
The swap token feature in GlintFund enables users to easily exchange cryptocurrencies within the platform through a user-friendly interface and smart contract integration. It supports various tokens, primarily TRC20, but may have limitations based on liquidity and compatibility. We even found it difficult to get BTTC testnet tokens during the hackathon. ![]()
Quite frankly, adjusting contribution rates based on market trends could add a valuable layer of responsiveness to GlintFund’s insurance pool.
How will you ensure that rate adjustments don’t overburden borrowers or lenders by changing too rapidly?
Ok, thank you for your warm and detailed answers.
- Yes having an decentralized insurance mechanism will make users like me to be more comfortable in lending on Glintfund because it will give me the confidence that in situations of default, I won’t lose my total fund I lend on the platform.
- For collaterals, I suggest it be deposited on stablecoins or any high value digital assets like BTC, ETH and TRX.
This will help ensure that the collateral hold value even in times of volatile markets and increase users confidence and participation in lending on your platform
Amazing, but still some insight - How does the integration of multi-token support improve the flexibility and user engagement of the platform for both fundraisers and contributors?
And also, just being curious
- What measures are in place to protect both campaign creators and donors from potential scams or fraudulent fundraising campaigns?
To avoid overburdening borrowers or lenders with rapid rate changes, GlintFund can implement gradual adjustments, base changes on long-term trends, and set rate caps or floors. Transparent communication will also help users adapt smoothly.
The integration of multi-token support allows fundraisers and contributors on GlintFund to choose from various cryptocurrencies, offering more flexibility and encouraging broader participation. It enables users to engage with their preferred tokens, improving accessibility and engagement across different blockchain ecosystems.
Very good question, GlintFund implements several protective measures, including identity verification for campaign creators, smart contracts for secure fund management, and transparent transaction records. Additionally, the platform allows users to report suspicious campaigns, enabling faster review and removal of fraudulent activities.
Welcome to Grand hackathon S7
Such a great idea but will be available for all countries? Any limitation ? Any plans in conducting KYC
What measures are in place to ensure the security of personal and financial information on the platform?
What types of projects or causes do you see being the most successful on GlintFund, and why?
Thanks for the clarity, keeping fingers crossed
as to how this fares as Hackathon progresses, goodluck on everything!
Thanks for the compliment
. We are actually looking into implementing some sort of KYC feature. Planned to work with some third party KYC organizations. But currently in conversation with a web3 KYC platform. Looking for ways to integrate them into Glintfund.
Regarding the availability for all countries. Well, some countries has banned the use of crypto for financial transactions. So that isn’t really within our control. But we strive to reach as much people, countries as possible.
Limitations might start coming in based on the condition set by Glintfund, for campaigns of certain amount of money to be created, KYC registration will be required and some follow up information to be sure that its a legit campaign.
@papaofei Thank you for posting this project and joining the hackathon.
I tested the project and found that there are opportunities to improve the UI. After creating a campaign it should take the user to the page where he would know the next steps.
Is there anything missing or are you planning to improve this in the future?
Hi @aziztron , thanks for your feedback. We are actually working on improving the user experience as it is very crucial that our users are onboarded and navigate smoothly. Could you provide a clearer information about what you faced? Like a screenshot of the page you were navigated to and any other issue you might have faced.
Thanks for your feedback once again.
@papaofei After making a donation, I’m encountering a blank screen. Additionally, after creating a campaign, I’m redirected to a page without clear guidance on what to do next.
I tried to attach screenshots but getting error.
thanks.
Is there a limit to how much one can raise or donate through GlintFund, and how is that determined?