We aim to develop the next generation platform for crowdfunding that will minimize investments risks. We promote transactions transparency with the help of blockchain technology.
SeedOn is a blockchain based solution whose goal is to revolutionize conventional crowdfunding, aiming to provide traceability and transparency to all stakeholders, so that they have full control of their investments at all times.
Distributed ledger technology The distributed ledger technology allows storage of immutable transaction records accessible to all network participants. This means that all blockchain based transactions made on our platform are visible to any user, any time. Immutable records Once a transaction has been approved by all participant nodes in the network, an immutable record is stored into a block and added to the ledger. This means that all blockchain stored data cannot be modified or rigged by any party, thus removing the risk for investment fraud. Smart Contract Escrow SeedOn's solution is based on a Smart Contract Escrow model, ensuring a controlled startup's capital infusion. The total capital invested will be released to the startup into stages. Therefore, the entrepreneur will only have access to a limited amount of cash flow until further objectives or targets of the project have been completed. This ensures that in the unlikely event of a fraudulent project, the loss will be kept to a minimum, losing only a part of the total capital having the rest returned to the investors. Structured communication channel The lack of structured communication channels is an issue that is slowly being addressed by other platforms as there are post-raise areas where communication between investors and entrepreneurs can continue. Entrepreneurs joining Seed On, are required as part of the project registration process to organise company update meetings periodically according to the stage's duration, so that investors will stay informed at all times in regard to the startup's progress.Verified 0%
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