A decentralized platform that combines artificial intelligence with blockchain technology to revolutionize how grants are distributed to impactful projects. Built on Celo blockchain for accessibility, transparency, and fairness.
AuraGen’s mission is to transform the traditional grant distribution system by using AI and blockchain to ensure transparent, unbiased, and automated funding for top contributors. By analyzing real contribution data and recording all processes on the Celo blockchain, AuraGen delivers a fair, accountable, and efficient grant allocation ecosystem for open-source communities and innovation teams.
Challenge: Traditional grant distribution systems face critical
inefficiencies:
▪ Lack of Transparency: Centralized decision-making with no visibility into evaluation criteria
▪ Subjective Evaluations: Human bias in project assessment leads to unfair funding allocation
▪ Manual Processing: Time-consuming review processes delay funding for deserving projects
▪ No Accountability: Difficulty tracking fund distribution and verifying project impact
▪ Limited Participation: Small group of decision-makers without diverse perspectives
➢ Impact:Innovative blockchain projects struggle to secure funding due
to opaque, slow, and potentially biased traditional grant systems.
We created a blockchain-based platform that utilizes
AI to process contribution data from GitHub
repositories, JSON files, or PDF reports. Depending on
the analysis, the system determines the best
contributors and rewards them with Celo tokens
automatically, transparently, and fairly.
Have raised VC round
India
