"Intrоduсtіоn SeedOn"
Crowdfunding, in its various forms, primarily means a large number of individuals contributing modest sums of funds to support an idea or initiative for a new or current business. Crowdfunding is an excellent option for businesses looking to raise funds quickly and efficiently, creating new business and economic prospects, but it has significant limitations that often discourage investors from contributing to a project. Trust, choosing the correct platform, realistic aims and deadlines, project completion, and copyright or intellectual property concerns are among the most often encountered challenges with crowdfunding. With the use of blockchain technology, a viable solution to these pain points can be built. SeedOn's goal is to overcome these constraints.
What is SeedOn?
SeedOn offers a creative ecosystem as a fresh take on the traditional crowdfunding platform, promoting three essential values: trust, transparency, and cyber security. SeedOn's goal is to create a platform that will reduce investment risks via the use of Blockchain and a dedicated staff that will work closely with entrepreneurs to conceive, appraise, and promote initiatives.
Features of SeedOn
Screening process
A screening mechanism will be adopted on the crowdfunding site to decrease the amount of fraudsters who want to construct a project with the sole intention of scamming investors. This may not totally eliminate fraud, but it will undoubtedly help to lessen them. The screening process will begin with an AI system searching for copyright infringement in the project, followed by a human personally examining the project's specifics.
Visibility
Clear visibility on each project stage's raised funds, with reporting from the startup's CEO on a predetermined time period, based on the current implementation stage. Historical capital data for all projects financed through the platform is available at all times in the form of a timeline, with each funded stage comprising all detailed information and a success/failure rate for each target.
Managing copyright issues and data theft
Visitors will be able to view a very brief project description on the platform, stressing just the major elements and avoiding revealing particular characteristics and execution phases. Only after logging on to the platform would interested investors be able to examine the complete details of a project. Prior to registering for an investor account, the user must fill out an NDA (non-disclosure agreement), which ensures that any sensitive information about a certain project is legally safeguarded. Any disclosure of information is prohibited, and if it occurs, sanctions and legal repercussions may apply.
Valuation
The team will analyse the project based on the facts supplied by its entrepreneur and will work closely with the project owner to ensure that the project's worth is appropriately and accurately calculated. The viability and long-term investment plan of the project will also be evaluated as part of the appraisal process. Multiple crowdfunding rounds are conceivable if the idea has potential but is poorly judged.
Rug pulling
Implementing a stage-based cash release to entrepreneurs is one solution for rug tugging. SeedOn will employ Smart Contracts Escrow to maintain complete control over the funds raised and to prevent project owners from defrauding investors.
PR & Marketing
SeedOn will give new startup ventures with PR and marketing benefits via the platform's social media in order to increase public awareness. This will provide a starting point for businesses because they will not need to spend money on this right now, allowing the funds to be committed to the company's development.
The dedicated software development team
SeedOn also offers entrepreneurs the opportunity to benefit from skilled and autonomous R&D teams for technology firms. This allows companies to focus on business growth, swiftly produce their first MVP or stable software product, and obtain market exposure and penetration as soon as possible in the early stages, without the need to assemble a staff of software engineers from the ground up.
Utility of SEON Coin
Tradeable with BNB, SEON allows investors to finance a project utilizing SEON as a trustworthy currency, and businesses to withdraw cash deposited by project backers.
SEON's financial transactions include the following: investing in a company or financing a project, peer-to-peer lending, and peer-to-peer lending (P2P marketplace will provide an online utility platform for SEON holders, enabling investors to make transactions in a risk-free, secure environment)
The SeedOn trading platform, which will simplify the peer-to-peer trade of BNB and SEON.
Tokenomics
Token Name: SeedOn
Token Ticker: SEON
Total Supply: 60,000,000 SEON
Price: $0.015.
Decimals: 18
Contract Address: 0x7672843C25c5ba11191dA8dA40C0881D7E77D9E0
Conclusion
SeedOn will enable investors to pick among viable, lucrative initiatives that fit into a broad market, fostering confidence and selecting companies with lower investment risks. Entrepreneurs will profit from an atmosphere in which investors have faith, allowing for a simple and effective crowdfunding campaign. SeedOn's goal is to create a platform that connects investors and entrepreneurs, with all investments taking place in a secure environment. As a result, project owners may begin working on and growing their companies as soon as possible, lowering the probability of fraud and boosting the likelihood of success.
Mоrе іnfоrmаtіоn аbоut thе рrоjесt
Website: https://seedon.io/
Twitter: https://twitter.com/seedonventure
Telegram: https://t.me/SeedOnChat
Medium: https://medium.com/seedonventure
Author
Bitcointalk username: ashraf100786
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1776447
BSC Wallet Address: 0x3AC78d7Ce5782C08AE27b8C216cAa31653a77509