OnlyGrants

Screenshots

Problem Statement

OnlyGrants is a decentralized platform designed to address the limitations of popularity-based donating, commonly seen on platforms like Gitcoin. By integrating fully homomorphic encryption (FHE) with quadratic voting and quadratic funding, the platform ensures that both donations and votes remain private, even while they are being computed and processed.On traditional grant platforms, high-profile or popular projects often dominate the funding landscape, drawing disproportionate attention and donations. This can lead to a funding imbalance where lesser-known, but equally deserving, projects are overlooked due to lower visibility, even if they have substantial merit. This bias creates a significant barrier to innovation and diversity within the ecosystem.OnlyGrants solves this issue by eliminating visibility-based biases and ensuring that each vote and donation is treated with complete privacy. By leveraging FHE and quadratic voting, the platform enables a fair and transparent distribution process while keeping sensitive data—such as individual donations and votes—completely confidential.

Solution

Fhenix: This is used to encrypt both quadratic votes and funding through fully homomorphic encryption (FHE). Fhenix ensures that votes and donation amounts remain private throughout the process, allowing the platform to maintain complete confidentiality. It enables computations on encrypted data, meaning users can cast their votes and donate without revealing their preferences.Gaianet : We use Gaianets model and build a knowledge based model , which helps the users to find the correct project to donate , according to their vision and projects vision and curate the round to which their project might qualifyWorldCoin: Integrated for identity verification, WorldCoin ensures that only humans can access and participate in the platformNoun : Focused on providing Public Good infrastructure to not be a biased user in grant ecosystem