
Decentralized Autonomous Organization (DAO) for Charitable Causes
Decentralized Autonomous Organization (DAO) for Charitable Cause
Objective
To create a transparent, community-governed platform using DAO principles to manage charitable donations, funding decisions, and project executions—ensuring accountability, fairness, and global participation.
Key Features
Community Governance: Donors and stakeholders vote on how funds are allocated.
Transparent Donations: All contributions and fund flows are recorded on the blockchain.
Smart Contract-Driven Fund Management: Automates fund distribution based on voted proposals.
Token-Based Voting System: Contributors receive governance tokens to vote on charity proposals.
Real-Time Reporting: Donors can track fund usage and project progress in real time.
Anti-Fraud Mechanisms: Immutable records reduce the risk of misuse or corruption.
Technologies Used
Blockchain Platform: Ethereum, Aragon, or Polygon (for lower gas fees)
Smart Contract Language: Solidity
DAO Frameworks: Aragon, DAOstack, or MolochDAO
Token Standards: ERC-20 (governance tokens), ERC-721 (NFT-based donor badges)
Frontend: React.js or Vue.js
Backend: Node.js, Express.js
Wallet Integration: MetaMask, WalletConnect
How It Works
DAO Creation: The platform launches a DAO with smart contracts defining governance rules and voting mechanisms.
User Participation: Donors contribute crypto and receive governance tokens in return.
Proposal Submission: Verified NGOs or community members submit charity projects for funding.
Voting Process: Token holders vote on which proposals to approve.
Fund Distribution: Smart contracts release funds to approved projects in milestones.
Progress Tracking: Project updates and fund usage are recorded and visible on-chain.
Benefits
Transparency: All donations and decisions are visible on the blockchain.
Decentralized Control: No single authority controls the funds; governance is community-led.
Global Participation: Anyone worldwide can donate or vote.
Trust & Accountability: Real-time auditability builds trust with donors.
Efficient Fund Allocation: Smart contracts ensure only approved and verified projects receive funding.