Pigl.eth | Devpost

Pigward

Inspiration

Our inspiration was the failing pension fund system in Germany. It works for now - with the government subsidizing the funds with 6 billion euros. But aging demographics make it clear that the current system will fail in the future and leave us young folks without a pension.

What it does

Basically our MVP does two things: the Pigleth SmartContract can receive your funds and you can withdraw your funds. If you die, your funds get transfered to the PigHerder SmartContract. If you don't die, your can smash your Piggy and get all the funds back.

The Pigleth acts as an individual (private) pension fund. The PigHerder acts as a collective (public) pension fund.

How we built it

The first try was built with Torus Login - because our target demographic is the younger generation and everybody has Google, Facebook, Reddit, ... accounts. Since Torus and Dapphero don't work together yet, we ditched Torus along the way to present a working prototype that is build with Dapphero. The Torus project is locally available, but didn't make it into the submission because we prioritized a working prototype before a dead integration.

Challenges we ran into

Our two-person students team came to EthLondon fully prepared, organized, settled on an idea and ready to rock - until the hackathon started and chaos ensued x) This concluded throwing away everything midway through the hackathon and still submitting a working prototype in the end ^^

Accomplishments that we're proud of

We didn't back down when chaos ensued and pulled through. After reducing the scope of our project, we are proud to have a working MVP that is admittedly much smaller than planned. But it works. And we learned a LOT through this :3

What we learned

A lot of react. How Dapphero works (<3). That Torus is awesome! And that we want to dive deeper into the DeFi space, so we can in the future implement tooling to earn interest / allow borrowing with the pension fund as collateral.