Harum93: SeedOn’s Motivation For IBM’s Blockchain Adoptio

Hello everyone, how are you? If you are interested in joining the project, SEEDON you should read the information that will help you get information that can help you in seeing your vision and mission

#Seedon #BSC #Blockchain

We aim to develop a next generation platform for crowdfunding that will minimize investment risk. We promote transaction transparency with the help of blockchain technology.

DISTRIBUTED LEDGER TECHNOLOGY ENABLES

Immutable record keeping of transactions accessible to all network participants. This means that all blockchain-based transactions made on our platform can be viewed by any user, at any time.

NOTES THAT CANNOT BE CHANGED

Once a transaction is approved by all participating nodes in the network, the immutable records are stored in blocks and added to the general ledger. This means that all data stored in the blockchain cannot be modified or tampered with by any party, thereby eliminating the risk of investment fraud.

SMART CONTRACT ESCROW

The total invested capital will be released to startups in stages. Therefore, the entrepreneur will only have access to a limited amount of cash flow until further project objectives or targets have been completed. This ensures that in the event of a fraudulent project, losses will be kept to a minimum, only losing part of the total capital and the rest being returned to investors.

STRUCTURED COMMUNICATION CHANNELS

The lack of structured communication channels is an issue that other platforms are slowly tackling as there are post-raise areas where communication between investors and employers can continue. Entrepreneurs who join Seed On, as part of the project registration process, must hold regular company renewal meetings according to the duration of the stage, so that investors will always be informed about the progress of the startup.

WHY CHOOSE OUR SOLUTION

Building a platform that promotes transparency and trust will attract investors and will encourage them to prefer our solutions for investment over the competition.

INVESTING USING CRYPTOCURRENCY

Think of SEON as a widely used payment method. This will be profitable for investors and entrepreneurs.

TRANSPARENCY AND ACCOUNTABILITY OF TRANSACTIONS

Our platform uses BSC (Binance Smart Chain) to leverage its Consensus mechanism to facilitate fast, safe and secure transactions, which network users can see at any time.

FULL SECURITY & CONTROL OF YOUR INVESTMENT

A successfully funded campaign will have the raised capital released into stages, leaving the entrepreneur with a limited amount of money between each stage, until further project goals or targets have been completed. This will be achieved by using a smart contract escrow model, providing complete control over the capital raised and will not allow entrepreneurs to deceive their investors.

POSSIBILITY TO EARN PASSIVE INCOME

Most existing crowdfunding platforms only allow donation-based pledges, meaning that people pay up front for a physical product that will someday in the future be produced and delivered. In addition to this type of crowdfunding, we also want to facilitate through our platform's securities transactions and business with the investor public in the United States, through FINRA and SEC affiliated registered broker dealers.

USER FILTERING PROCESS

In order to submit a new crowdfunding project to our platform, all entrepreneurs will go through a registration and screening process for a background check. The first step of the screening process will be carried out by an AI algorithm that checks for copyright infringement, which in turn prompts humans to manually check the provided details. This will contribute to significantly reducing the number of scammers looking to scam investors, compared to other crowdfunding platforms.

PROTECT INTELLECTUAL PROPERTY

SeedOn will lock all project details with an authentication mechanism, so that only registered investors have full access to the startup project. Before registering an investor account, each user must complete an NDA, so for any leakage of sensitive information or data, legal consequences may apply. Our solution will provide visitors with only a brief description of the project, highlighting the main features, without describing the detailed characteristics and implementation stages.

SEEDON TECHNOLOGY

We will provide an innovative ecosystem as a new approach, so that there are 3 core values: trust, transparency and cybersecurity. We aim to solve existing problems and scams, so we remove investor uncertainty and we raise awareness of how invested capital is being spent.

BINANCE SMART CHAIN

We chose BSC as a blockchain solution over Ethereum, as it provides smart contract functionality and is EVM compatible. The BSC blockchain is a mature technology that can efficiently run our DApps and smart contracts.

SUPPORTS PAYMENTS USING SEON TOKEN

By offering the possibility to invest into projects with cryptocurrencies, we allow the placement of orders through the conversion of atomic exchange for ETH on our platform. By using cryptocurrencies, we provide a safe, fast and reliable investment method.

BLOCKCHAIN-BASED VOTING DECISION MODEL

Experienced investors can help steer a company in the right direction, which is why we offer startups the possibility to gain a voice among investors. All answers will be stored on the blockchain, making them available to all network participants and immutable.

AI FILTERING PROCESS

The initial step of the screening process will be carried out by an AI algorithm that checks for copyright infringement of the project. However, regardless of the decisions made by the algorithm, humans will manually check the details to validate the output.