Problem

Large scale engineering projects for the built environment often face funding challenges due to the lack of transparency and trust in traditional financing systems. Additionally, there is a need for decentralized funding models that allow for wider participation and incentivization of contributors globally and remotely. These challenges led us to create a Web3 blockchain-powered platform that would address these issues.

The problem we faced was how to design a platform that would be user-friendly, transparent, and incentivize participation while also ensuring security and scalability. We needed to create a system that would allow for tokenized rewards, bounty task-based systems, and other features that would appeal to both individual contributors and large-scale investors.

Read the whitepaper here.

Solution

Our team designed a Web3 blockchain-powered platform that utilized smart contracts to ensure transparency, security, and scalability. The platform allowed for tokenized rewards based on participation in bounty tasks and other activities related to engineering projects for the built environment.

We created an intuitive user interface that made it easy for individuals and organizations to participate in the funding of these projects, including features like staking, claiming, governance, voting and more. Our team conducted extensive research into user needs and preferences, which informed our design decisions throughout the process.

Impact

Increased transparency in project funding with smart contract technology
Incentivized wider participation and interest from community members through transparent, tokenized rewards systems
Led to increase in interest and investor funding compared to traditional financing methods

Team

Team Member #1 - Product Designer
- Created feature list for MVP and V1 product launches
- Created intuitive user interface for the platform
Team Member #2 - User Researcher
- Conducted extensive user research to inform design decisions
- Market research and feature analysis for competitive and similar platforms in Web2 and Web3
Team Member #3 - Blockchain Developer
- Built smart contract technology to ensure transparency and security
- Incorporated tokenized rewards systems into the platform

Web3: Decentralizing Design and Funding for Large Scale Engineering