Jul 07, 2022
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STO BASED CROWDFUNDING PLATFORM FOR TECHNOLOGY STARTUPS
Completed

STO BASED CROWDFUNDING PLATFORM FOR TECHNOLOGY STARTUPS

$100,000+
more 1 year
United States
10+
view project
Service categories
Service Lines
Web Development
Domain focus
Other

Challenge

Technological challenges to overcome 1. To ensure the project’s long lasting success, we had to design a platform tokenomics covering the following metrics: token purpose, functionality, price, utilities, and distribution. 2. One critical step before defining the tokenomics was a chain selection that had to comply with the following parameters: versatility, speed, platform sustainability, dev friendly, and low transaction cost.

Solution

STO-based approach to fundraising The platform introduces STO based crowdfunding for tech startups and investors to benefit from low entry barriers, automated investment process, and significant STOs advantages: STOs comply with SEC regulations in the US and protect the rights of the security token holders, which are missing in the ICO case. Compared to ICOs or IPOs, STOs enable companies to establish efficient securities management owned by their shareholders: to know the amount and holders of securities, long term.

Results

A groundbreaking product concept of the crowdfunding platform, providing security tokens to distribute shares of startups and tokenize securities of investors. Sophisticated platform tokenomics, underlining a system product roadmap to jump-start the software development process as the following stage. Planned MVP development to validate product ideas at low risk and cost with a user base of early adopters.