Ventureum

Ventureum is the first crypto-crowdfunding protocol to perform self-regulation for blockchain projects in a decentralized approach. The Ventureum protocol relies on Ventureum Network Tokens (VTX), the holders of which serve as decentralized regulators in the Ventureum ecosystem. The Ventureum protoco covers the entire process of crypto-crowdfunding, which can be divided into Pre-crowdsale phase, Crowdsale phase, and Post-crowdsale phase. Ventureum Token-Curated Registry performs decentralized regulation in the Pre-crowdsale phase by building a list of high quality blockchain projects. Dual Class Token Offering is implemented in the Crowdsale phase to prevent malicious manipulations. In the Post-crowdsale phase, Milestone-driven Governance is implemented to enforce information disclosure, motivate project founders to realize the development promises, and protect investors. Milestone-driven Governance consists of three processes: (i) Milestone Rating via Proxy Voting enforces information disclosure from project founders, by mobilizing a group of Proxies who perform due diligence and vote on behalf of token holders to give a rating for a milestone. (ii) Milestone-driven Voting and Investors’ Put Option allow token holders to vote directly to decide whether the digital assets locked in the milestone are released to the founder team or refunded, giving token holders unprecedented protection. (iii) Circuit Breaker is triggered when the cryptocurrency market fluctuates wildly, to protect project founders, by preventing abusive exercise of put options by token holders.
All three major stakeholders, i.e., Project founders, Token investors, and VTX holders will benefit tremendously by joining the Ventureum ecosystem.