πŸ’°The Crowdfunding App

App Description

Decentralized applications (DApps) are digital applications or programs that exist and run on a blockchain or peer-to-peer (P2P) network of computers instead of a single computer. DApps (also called "dapps") are outside the purview and control of a single authority. - Investopedia

The Susumi Decentralized Crowdfunding App is a sophisticated web interface that enables users to interact seamlessly with the Susumi Crowdfunding Smart Contract. This application is engineered using a suite of advanced technologies, ensuring a robust, secure, and efficient user experience.

Technology Stack

Node Js Express Js Node Js

React JS

Redux Thunk

Solidity

Polygon Blockchain Network

Tangany

App Components

Susumi Perpetual Fund:

The Perpetual Fund is an algorithmic construct of the Susumi Plus Token Contract. It ensures that the value of the Susumi Plus Tokens is maintained at a constant value against a stablecoin pair before the Tokens are minted and issued.

New Susumi Plus Tokens can only be issued out from the Perpetual Fund when a Susu Fund has matured.

$SUSU+ Token:

The Susumi Plus Token ($SUSU+) is the new replacement Token for the deprecated Susumi Coin. The Token serves as the native cryptocurrency of the new Susumi Platform.

Users need $SUSU+ Tokens for the creation and activation of new Susu Funds on the Platform. $SUSU+ Tokens are convertible and tradeable in a public exchange.

The $SUSU+ Token is dynamically minted and can be obtained by a User as a reward for donating funds to a Susu Fund that has successfully matured.

User Wallets:

The Susumi Wallet has been deprecated. Users can access the Susumi App with their own third-party compatible Web3 Wallet.

Each User Account is identified in the Smart Contract through their Wallet Address. The Smart Contract works exclusively with the Wallet address to enable all transactions when the necessary conditions are met in the Contract.

Susumi does not manage the User’s Wallet. Users sign in to the Platform and connect with their own existing compatible Web3 wallets.

App UI

The clean and easy-to-use User Interface enables Users to create accounts, access the fundraising process, and manage their Tokens on the Susumi App. It also provides users access to other features and services provided by the Susumi Platform

Last updated