SCRUGE is a crowdfunding application for smartphones. It acts as a bridge to the BIDLing economy. Designed as a mainstream app, it provides a friendly user interface to interact with cryptocurrencies, participate in tokenised crowdfunding and connect with crypto peers. Essentially, SCRUGE performs three functions: cryptocurrency wallet, crowdfunding marketplace and a bounty marketplace.
Cryptocurrency wallet allows users to store cryptocurrencies safely, make transactions and exchange between different tokens. With best security practices in mind, private keys are encrypted with asymmetric cryptography, stored in local enclave and never exposed when making transactions.
Crowdfunding marketplace connects founders and investors. Founders can upload information about their projects and upcoming fundraising details, which investors can easily check from their apps. Scruge also allows investors to interact with campaigns they invested and control how funding is being used.