AuraMax
React Development
iOS Development
Android Development
Clerk
Project Details
Owner
Shiv Vyas
Release Date
March 29, 2025
Services
React Development, iOS Development, Android Development, Clerk
Duration
2 Days
Budget
Overview
Aura Max is an innovative micro-investment platform connecting small businesses with community investors. The platform creates a marketplace where local businesses can secure modest capital injections needed to sustain operations through challenging periods, while offering investors fractional profit sharing and unique perks. By democratizing investment in local enterprises, Aura Max addresses the critical funding gap that often leads to premature business closures, particularly for establishments that need smaller investments compared to venture-backed tech startups.
Objective
Our primary objective was to build a user-friendly platform that enables small business owners to present their funding needs while allowing community members to make micro-investments with minimal risk. The solution needed to be accessible to both business owners with limited financial expertise and everyday investors looking to support local establishments while receiving tangible benefits. Each feature was designed to foster trust, transparency, and mutual benefit between businesses and their community investors.
Process
Development began with identifying the funding challenges unique to small local businesses. We focused on creating essential features including business profiles, investment options with clear terms, and a secure transaction system. The platform was designed with a simple, inviting interface that makes investment opportunities easy to discover and understand. We incorporated dual-value incentives, combining financial returns with experiential perks like exclusive discounts or special access. Throughout the 48-hour hackathon, we continuously refined the concept based on mentor feedback, particularly focusing on the practical implementation of community-based investment models and regulatory considerations. The rapid development process resulted in a working prototype that demonstrates the platform's core functionality.
Impact
Aura Max bridges the critical gap between small businesses needing modest capital and community members seeking meaningful local investment opportunities. The platform empowers businesses to maintain operations during challenging periods while pivoting toward sustainability. For investors, it offers a way to diversify investments with manageable risk while directly supporting community establishments they value. By creating this symbiotic relationship, Aura Max strengthens local economic ecosystems and transforms community members into stakeholders in businesses they frequent. The successful prototype development during the hackathon demonstrated both the technical feasibility and market potential of this community-centered investment approach.