KOLO is a DAO Micro-funding gamefi platform using blockchain technology to redistribute game revenue to various projects. Itis a platform that provides its users have easy access to invest and get in micro-funding
This Project is built for the Moralis & Google Hackathon - November 2022.
The entire project is divided in 4 parts. Here are the links to all the different github repos:
Micro funding is a type of funding offered to self-employed individuals and small business owners by individuals.
Where does the money for the funds come from? The money for the loan may come from one person or may be collected from several people who will each contribute to the total amount. In the case of Kolo, the money is generated from ads and converted into USDC, and stored. The DAO decides how the funds are used and distributed among all projects.
The requirement to be a member of the DAO is just to have a minimum of 1 KOL. Using the KOLO app allows users to collect points to get KOL Tokens. The more KOL Tokens a user has, the more vote power they have.
The investment cycle and actions are recorded on the blockchain, ensuring security and transparency.
As KOLO aims to democratize opportunities, any entrepreneurial projects such as farming or any small businesses in need of a small investment to start or to grow can apply. The list of requirements is important and communication is the key to success.
- node.js installed (developped on LTS v16.16.0)
- typescript installed (developped on v4.7.4)
- yarn installed
- MetaMask (or any web3 compatible wallet) installed in your browser
Once your config is ready, create a new repo, open your favorite code editor, and clone the repo with the following cmd:
git clone https://github.com/superultra-io/kolo_backend.git .
yarn install
More information can be seen here KOLO WebApp