HEO

One of the greatest demands of the world today is to decentralize the global financial industry in order to get rid of unnecessary intermediaries. Decentralized lending platforms and decentralized exchanges function autonomously via smart contracts and are governed by voting users. These types of platforms are rapidly gaining popularity. In this white paper we suggest applying similar decentralized mechanisms to crowdfunding by creating a financially stable crowdfunding service that will be governed by its users.
The economic model of this service assumes that initial donations will be producing profits not only to campaign beneficiaries, but also to campaign donors. This mechanism will stimulate donors to register on the service and start donating as soon as possible. This initial rush of
donations will allow campaign beneficiaries to quickly raise requested funds for any of their projects. This dynamic will generate initial publicity and traction, which will help sustain the platform after the growth rate levels off. HEO DAO Fund will guarantee long term survival and stability of the platform. At the same time, Fundraising Fees, Donation Reward Farming and Liquidity Mining will support stability of the
token economics.