HopeHive: A Hybrid Crowdfunding Platform for Reward-Based and Donation-Based Fundraising

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Tummala Deepthi; Surolla Dhamapriya; Makthedar Priyanka; Kodadi Sravanthi; S. Vinod Reddy; Mavoori Pratussha

HopeHive: A Hybrid Crowdfunding Platform for Reward-Based and Donation-Based Fundraising

Authors: Tummala Deepthi, Surolla Dhamapriya, Makthedar Priyanka, Kodadi Sravanthi, S. Vinod Reddy, Mavoori Pratussha

Unique Paper ID: 177047
Volume: 11
Issue: 12
PageNo: 115-119

Keywords: Crowdfunding reward-based model transparency social impact fintech innovation

Abstract:
Crowdfunding has revolutionized fundraising by enabling individuals and organizations to support innovative and socially impactful projects. However, traditional platforms often face challenges related to transparency, backer engagement, and trust. HopeHive addresses these issues by integrating donation-based and reward-based crowdfunding models, ensuring contributors receive tangible or intangible rewards for their support. By implementing real- time fund tracking, secure payment systems, and enhanced creator-backer communication, HopeHive fosters trust and community engagement. This paper explores the platform’s design, features, and potential impact on crowdfunding, economic development, and social innovation.

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Cite This Article

ISSN: 2349-6002
Volume: 11
Issue: 12
PageNo: 115-119

HopeHive: A Hybrid Crowdfunding Platform for Reward-Based and Donation-Based Fundraising

Available:https://ijirt.org/article?manuscript=177047

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

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