https://github.com/supernovahs/quadraticads-powered-by-worldid

https://github.com/supernovahs/quadraticads-powered-by-worldid

Last synced: about 1 month ago
JSON representation

• Host: GitHub
• URL: https://github.com/supernovahs/quadraticads-powered-by-worldid
• Owner: supernovahs
• Created: 2022-09-05T13:50:09.000Z (over 2 years ago)
• Default Branch: main
• Last Pushed: 2022-09-26T10:29:24.000Z (over 2 years ago)
• Last Synced: 2024-10-29T17:56:42.356Z (3 months ago)
• Language: TypeScript
• Homepage: worldads.vercel.app
• Size: 9.92 MB
• Stars: 1
• Watchers: 2
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

Awesome Lists containing this project

README

        
# WorldAds

It is an anonymous Quadratic funding mechanism for a public billboard using Semaphore proofs. World Id helps prevent sybil resistance, without which this idea was not viable. 

 ## [Try it out](https://worldads.vercel.app/)

### Inspiration 

[Vitalik's Article](https://vitalik.ca/general/2019/12/07/quadratic.html)

 

## How does it work ?

An admin creates a Billboard , where they store 6 images in the contract using ipfs/filecoin. The Billboard displays the Ads in different sizes on the screen . The ratio given to an Ad depends on the votes it has in relative to other Ads. If you want a particular Ad to get big space in the screen, you signal your vote by paying some amount which is determined using a special formula.

## How is the cost of Voting Calculated?

```

Cost = 0.1 Matic  * (n+1) 

Where, n = The number of times you have signalled a particular Hash

```

 For every individual , the n is different, based on there individual preferences. Signalling becomes expensive as you signal an Ad in particular. 

 

 ## Relevant Information

 

 The contracts are currently deployed on Polygon Mumbai . Development WorldId is used for Hackathon purposes as we don't have our Iris scanned(yet!).

 For MVP purposes, there' s only 1 Billboard where you can vote.

 

 

 ## Stack Used 

 - Chakra

 - Rainbow

 - Tailwind

 - WorldId

 - Filecoin

 - Polygon

 - Foundry

## Install locally

 ```

 yarn

 ```

 ```

 yarn dev

 

 ```