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SeedOn is a blockchain crowdfunding solution whose goal is to revolutionize conventional crowdfunding, aiming to provide traceability and transparency to all stakeholders, to facilitate full control of their investments.
‘The total number of organizations adopting the blockchain technology has grown significantly year over year. One of the most overlooked industries when it comes to financial and human capital is crowdfunding, even though it holds significant potential for blockchain implementation. We aim to develop the next generation platform for crowdfunding that will minimize investments risks and promote transactions transparency with the help of blockchain technology.’ -Constantin-Claudiu Minea, SeedOn’s CEO & Co-Founder.
SeedOn’s represents the co-founders’ movement to apply blockchain technology to an often-overlooked industry, crowdfunding. Following the current market research, significant issues and drawbacks have been identified with the available platforms. Therefore, clear strategies and objectives to release these concerns have been defined as part of SeedOn’s company mission, which is to reduce fraud and increase the chances of success.
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‘Through our documentation and research, we emphasize the need of building an environment that promotes trust and transparency so that investment's risks are reduced. Having built a platform that promotes these principles will attract investors so that it will encourage them to prefer our solution for investments over the competition. SeedOn provides an innovative ecosystem as a new approach to conventional crowdfunding platforms so that it promotes three core values: trust, transparency, and cybersecurity.’ - company mission quote extracted from the co-founder’s interview on
SeedOn aims to solve existing crowdfunding limitations. The solution’s main goal is to promote traceability, transparency, and accountability to all stakeholders so that they are in full control of their investments at all times. One highly important component of blockchain that helps with this concern is traceability so that information and funds can be easily located between different network members, enabling real-time tracking and monitoring of data location.
The core feature that SeedOn solution will be using is a smart contract escrow model. Therefore, a controlled startup capital infusion will be guaranteed. Entrepreneurs will have access to a limited amount of cash flow until further objectives or targets of the project have been completed. This ensures that in case of a startup failure, the loss will be kept to a minimum, having the rest returned to investors.
The main features that SeedOn’s users will benefit from are as follows:
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