{"title": "Creova", "logoImg": "bafkreieolhxkwzxkskqu3k2kcmxdmcvssd33mp7xn3dcg6pmj5gn7fmsai", "website": "https://creova.xyz", "bannerImg": "bafkreih3peyryjbs543463qipj7wgezdcjamfeyegfrvu72mjgcqmhx55q", "createdAt": 1742416569607, "credentials": {}, "description": "Creova is a Web3-native funding platform designed to make decentralised fundraising more transparent, secure, and efficient. It provides creators, DAOs, and innovators with a trust-based capital allocation system, ensuring funds are distributed fairly and responsibly.\n\nCreova introduces a hybrid funding model that caters to high-impact projects in innovation, social good, and open-source development:\n\t1.\tCrowdfunding: Open fundraising for any project, with no restrictions on fund use.\n\t2.\tTreasury Grants: Designed for high-impact projects, where funds are milestone-locked and released only when verifiable progress is made.\n\nTraditional Web2 crowdfunding platforms suffer from high fees (5–10%) and low success rates (22.4%), while Web3 funding alternatives often lack transparency and accountability. Creova directly addresses these issues with real-time fund tracking and milestone-based verification.\n\nCurrent Status\n\nCreova is live on Ethereum’s Sepolia testnet, featuring:\n\t•\tSmart contracts for secure, automated fund disbursement.\n\t•\tA transparency dashboard providing real-time fund tracking.\n\t•\tMilestone-based treasury grants ensuring responsible fund allocation.\n\t•\tPlanned integration with Polygon to enhance scalability and reduce transaction costs.\n\nImpact on Ethereum’s Ecosystem\n\nCreova strengthens Ethereum’s funding infrastructure by:\n\t•\tProviding a secure funding mechanism for high-impact projects – Ensuring treasury grants support projects with tangible, verifiable milestones.\n\t•\tImproving DAO treasury efficiency – Allowing DAOs to distribute funds transparently and based on project performance.\n\t•\tEnhancing decentralised funding accessibility – Empowering builders, researchers, and open-source projects with transparent and verifiable funding mechanisms.\n\nWith a first-of-its-kind milestone-based funding model, Creova ensures decentralised funding is secure, fair, and impact-driven. The mainnet launch is planned for Q2 2025, expanding its role in supporting high-impact projects across Ethereum.", "logoImgData": {}, "bannerImgData": {}}