FundChain – Smart contract-based crowdfunding with milestone verification

Summary: FundChain uses smart contracts on Polygon to hold crowdfunding funds securely, releasing them only when project milestones are verified. It eliminates geographic restrictions and bank requirements while reducing fees to 3–6%, ensuring transparent, auditable transactions without intermediaries.

What it does

FundChain locks funds in smart contracts and releases them upon milestone verification, preventing backers from losing money to failed projects. It operates on Polygon to minimize gas costs and enforces transparency via blockchain.

Who it's for

It targets crowdfunding backers and creators seeking secure, accountable funding without geographic or banking limitations.

Why it matters

It addresses the risk of lost funds and lack of accountability common in traditional crowdfunding platforms by automating fund release and auditability through blockchain.