SeedOn-Blockchain Based crowdfunding platform

World's first blockchain-based equity crowdfunding platform - we aim to change the way crowdfunding is seen today.

Overview

Crowdfunding gives a way to financial backers to help projects they have faith in, getting in return a type of remunerations. The supported undertaking is just comparable to its proprietor or partners. Getting ventures is an intense and thorough interaction that requires some investment and exertion. Whenever done appropriately, it can work well for with the goal that financial backers will comprehend your short, mid and long haul plan, driving assets to your startup. Shockingly, not every person is doing this as there are numerous untrustworthy task proprietors attempting to take your cash.

One of?the fundamental worries of crowdfunding is extortion. There have been and will consistently be false individuals attempting to make a crowdfunding project for its main advantages, costing financial backers cash and perhaps all of their life investment funds.

What is SeedOn?

SeedOn provides an innovative ecosystem as a new approach to the conventional crowdfunding platform so that it promotes three core values: trust, transparency, and cyber security. SeedOn’s focus is to build a platform that will minimize investment risks, with the help of Blockchain and a dedicated team that will work in close collaboration with entrepreneurs to define, assess and promote projects.

Aim of SeedOn

It aims to solve challenges and fraud when it comes to backing an idea or project being proposed by a new startup or existing company. Thus, removing uncertainty and increasing awareness on how the capital is being spent by the entrepreneurs.

Benefits of SeedOn

• Promote traceability and transparency for all stakeholders so that they are aware of what happens with the money they have invested and how they are spent by entrepreneurs at all times
• Each step of the project definition will be assisted by team members and carefully analyzed so that each stage’s objectives are clear, explicit, measurable, and achievable.
• Projects that do not fulfill our requirements or don’t seem valuable enough according to the entrepreneur’s business proposal will not be listed on the platform.
• The capital raised will be split into stages and unlocked to entrepreneurs, as objectives are being completed, in order to minimize risk and reduce chances of rug pulling.
• For project owners, the main benefits will be guarding the intellectual property as only registered investors that will fill in an NDA (non-disclosure agreement) as part of the registration process, will be able to view full details of a specific project so that removes any chance of leaking your project’s information.
• Having built a platform that promotes transparency and trust will attract investors so that it will encourage them to prefer our solution for investments over the competition.

Features of SeedOn

• Screening process —?The crowdfunding platform will have a screening process implemented so that reduce the number of scammers that have the intent to create a project with the sole purpose of defrauding investors. This might not remove scams completely, but it will definitely help reduce them. The initial step of the screening process will be conducted by an AI algorithm checking for copyrights violations of the project, ultimately having a human manually check the project’s details.
• Visibility —?Clear visibility on each project stage’s raised capital, with reports coming from the CEO of the startup on a predefined time frame, according to the current implementation stage. Historical capital data can be accessed at all times for all projects funded through the platform, under the form of a timeline, each funded stage including all specific details with success/failure rate for each objective.
• Project owner data privacy —?Project owner’s sensitive data will be available to the platform’s stakeholders only.
• Managing copyright issues and data theft —?The?platform will provide publicly a very brief project description to visitors, highlighting only the main features, without exposing detailed characteristics and implementation stages. Interested investors will only be able to see full details of a project after logging in to the platform. Prior to the investor’s account registration, the user will have to fill in an NDA (non-disclosure agreement), so that any sensitive information of a specific project is legally protected. Any information disclosure is forbidden and if violated, penalties and legal consequences may apply.
• Valuation —?The team will evaluate the project according to the details submitted by its entrepreneur and will work in close cooperation with the project owner so that the project will have its value properly and accurately estimated. As part of the valuation process, the project’s feasibility and long-term investment plan will also be analyzed. If the project has potential but is poorly evaluated, multiple crowdfunding rounds would be possible.
• Rug pulling —?Solution for Rug pulling includes implementing a stage-based capital release to startups. In order to have full control over the capital raised and not permit project owners to defraud investors, SeedOn will use?Smart Contracts Escrow.
• PR & Marketing —?SeedOn will provide PR and marketing benefits to new startup projects through the platform’s social media in order to boost their public awareness. This will offer startups a starting point, as they won’t need to spend money on this right from the beginning, so the budget can be initially allocated for the company’s development.
• Dedicated software development team —?For technology startups, SeedOn also provides the option to entrepreneurs to benefit from experienced and autonomous R&D teams. This will help startups focus on the business development, quickly deliver their first MVP or stable software product and achieve market exposure & penetration as quickly as possible in the early stages, without the need of building a team of software engineers from scratch.

Why choose SeedOn?

● Transaction transparency and visibility;

● Promotes trust among investors and entrepreneurs;

● Fast, safe and secure transactions made on BSC;

● Visibility for your investments;

● Minimized risk of investment loss and fraud;

● Drastically reduced chances of rug pulling

How does SeedOn Works?

1. Registration — A project owner will register an entrepreneur account in which will provide detailed personal information along with an ID for the screening process.
2. Screening — Our team will conduct a screening process to make sure that the entrepreneur does not have a history of scams.
3. Project submission — After the screening process has been completed and conclude the authenticity of the entrepreneur, the project submission stage will begin. This requires the entrepreneur to input a series of information in regard to their idea of the project.
4. Consultancy & compliance check — As part of the crowdfunding process on the platform, a team of consultants will review the project’s details, will conduct market research, and will require more detailed information if needed. The team will work in close collaboration with entrepreneurs to make sure that all required details for a project have been defined, and that clear , identifiable, and measurable objectives are set for the project.
5. Crowdfunding — Following a project’s approval from staff, the crowdfunding phase will begin. Investors will be able to back a project either with fiat money or cryptocurrency, depending on preferences.
6. Implementation — Once the pledge has been completed, entrepreneurs will have access to the funds in stages. Meaning that in the beginning, they will have access to the capital available to the first stage only. After the successful completion of the current stage, funds for the next phase will be released to startups.
7. Communication — Through the platform, entrepreneurs organize monthly, quarterly, or biannually update meetings in which they will present to investors the progress of the company in the current stage. Thus, provide a way to keep investors informed and aware of the company’s status throughout the process to ensure that the entrepreneurs or management team doesn’t have to spend time placating concerned stakeholders.

SEON Coin

SEON is the native currency of the SeedOn platform. SeedOn’s platform provides the option for backers to invest or support a project in SEON tokens as well.

Utility of SEON Coin

• Tradeable with BNB, SEON provides the possibility to investors to back a project using SEON as a reliable currency and entrepreneurs to withdraw their capital that has been invested by project backers.
• SEON’s applicability for financial transactions include the following: investing in a startup or backing a project, peer-to-peer (P2P marketplace will provide an online utility platform for SEON holders, enabling investors to make transactions in a risk-free, secure environment)
• SeedOn exchange platform, that will facilitate the P2P exchange of BNB with SEON

Token Name:?SeedOn

Token Ticker:?SEON

Total Supply:?60,000,000 SEON

Price:?$0.015.

Decimals:?18

Contract Address:?0x7672843C25c5ba11191dA8dA40C0881D7E77D9E0

Roadmap

2021 Q4 —?Start of platform planning & development, Community build-up, Strategic partnerships, ICO.

2022 Q1 —?Exchange listing, platform community MVP test, receive and implement community feedback, app development, begin affiliation with FINRA/SEC-registered broker-dealer.

2022 Q2 —?Smart contracts deployment, platform community beta test, community feedback, unique NFT development for each successful project that has fully completed implementation stages, strategic partnerships.

2022 Q3 —?Platform V1 release, start procedures to become an authorized FINRA/SEC-registered broker-dealer. Adopt IBM’s hybrid blockchain for financial applications in order to have permission and consortium blockchain iterations for greater control and scalability. This will lead to greater transparency due to increased trust embedded in iterations.

Conclusion

SeedOn will empower investors to choose from feasible, profitable projects that do fit into an extensive market, promoting trust and selecting projects with reduced investment risks. Entrepreneurs will benefit from an environment that investors have confidence in, thus facilitating an easy and efficient crowdfunding campaign. SeedOn aims to build a platform that will connect investors with entrepreneurs, where all investments are being done in a trusted environment. Therefore, project owners can start working and building their startups as soon as possible, reducing the rate of fraud and increasing the chances of success.

Learn More:

Website :?https://seedon.io/

Whitepaper :?https://whitepaper.seedon.io/learn-more

Twitter :?https://twitter.com/seedonventure

Facebook :?https://www.facebook.com/SeedOn-103498612114380/

Telegram :?https://t.me/SeedOnVenture

Linkedin :?https://www.dhirubhai.net/company/seedon

Reddit :?https://www.reddit.com/r/SeedOnVenture/

Youtube :?https://www.youtube.com/channel/UCwovridgACJrzfFnfofpzjQ

Medium :?https://medium.com/seedonventure

Writer

BCT username: Yii Leu

BCT url: https://bitcointalk.org/index.php?action=profile;u=3155594

BSC wallet: 0xD8bA8F373790f02B083FfDA771D152C899A77fCB