SeedOn’s Blockchain Based Crowdfunding Platform

 

What is SeedOn?

SeedOn is a blockchain based solution whose goal is to revolutionize conventional crowdfunding, aiming to provide traceability and transparency to all stakeholders, so that they have full control of their investments at all times.

• Distributed ledger technology : The distributed ledger technology allows storage of immutable transaction records accessible to all network participants. This means that all blockchain based transactions made on our platform are visible to any user, any time.
• Immutable records : Once a transaction has been approved by all participant nodes in the network, an immutable record is stored into a block and added to the ledger. This means that all blockchain stored data cannot be modified or rigged by any party, thus removing the risk for investment fraud.
• Smart Contract Escrow : SeedOn’s solution is based on a Smart Contract Escrow model, ensuring a controlled startup’s capital infusion. The total capital invested will be released to the startup into stages. Therefore, the entrepreneur will only have access to a limited amount of cash flow until further objectives or targets of the project have been completed. This ensures that in the unlikely event of a fraudulent project, the loss will be kept to a minimum, losing only a part of the total capital having the rest returned to the investors.
• Structured communication channel : The lack of structured communication channels is an issue that is slowly being addressed by other platforms as there are post-raise areas where communication between investors and entrepreneurs can continue. Entrepreneurs joining Seed On, are required as part of the project registration process to organise company update meetings periodically according to the stage’s duration, so that investors will stay informed at all times in regard to the startup’s progress.

Why Choose Our Solution

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.

1. Investments using cryptocurrency : Investors using our platform have the option to use our SEON token to invest in a startup or receive their rewards, having the possibility to choose fiat currency as well. Imagine SEON as a widely used way of payment. This will benefit both investors and entrepreneurs as it will provide an easy way to earn a passive income and successfully complete an efficient crowdfunding campaign.
2. Transaction transparency and accountability : SeedOn’s main goal is to provide a transparent platform using the distributed ledger technology, that will foster investment transactions between investors and entrepreneurs in a trusted environment. Our platform is using BSC (Binance Smart Chain) to make use of its Consensus mechanism in order to facilitate fast, safe and secure transactions, visible to network users at all times.
3. Security & full control of your investments : Successfully funded campaigns will have the collected capital released into stages, so that entrepreneurs have a limited amount of money among each stage, until further objectives or targets of the project have been completed. This will be achieved with the use of a smart contract escrow model, providing full control over the raised capital and will not permit entrepreneurs to defraud their investors.
4. Possibility to earn passive income : Most existing crowdfunding platforms allow only donation based pledges, meaning that people pay in advance for a physical product that at some point in the future it will be manufactured and delivered. Additionally to this type of crowdfunding, we want to also facilitate through our platform securities transactions and business with the investing public in the United States, through an affiliated FINRA and SEC registered broker dealer.
5. User screening process : In order to be able 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 conducted by an AI algorithm checking for copyrights violations, ultimately having a human manually checking the details provided. This will contribute to significantly reduce the number of scammers that wish to defraud investors, compared to other crowdfunding platforms.
6. Protect intellectual property : SeedOn will gate all project details with an authentication mechanism, so that only registered investors will have full access to a startup project. Prior to registering an investor account, every user will have to fill in an NDA, so that for any information or sensitive data leak, legal consequences may apply. Our solution will provide publicly to visitors only a brief description of the project, highlighting the main features, without exposing detailed characteristics and implementation stages.

7-step plan

SeedOn presents to you the 7-step plan to revolutionise and increase the rate of success for conventional crowdfunding campaigns. We will put in practice this plan, which in turn will minimise investment risk and enable investors to have a clear overview of a project’s development.

• Account registration : A project owner will register an entrepreneur account in which will provide detailed personal information along with a photo of an ID (SSN, passport or a valid national identity card) used for the screening process.
• Screening process : Our team will conduct a screening process to make sure that the entrepreneurs don’t have a history of scams.
• Project submission : After the screening process has been successfully conducted and we conclude the authenticity of the entrepreneur, the project submission step will begin. This requires the entrepreneur to input a series of information in regard to the startup’s details.
• Consultancy & compliance check : As part of the crowdfunding process on our platform, a team of consultants will review the project’s details, will conduct market research and will require more detailed information if needed. Our 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.
• Crowdfunding : Following a project’s approval from our staff, the crowdfunding phase will begin. Investors will be able to back a project either with fiat money or cryptocurrency, depending on their preferences.
• Project implementation : Once the pledge has successfully completed, entrepreneurs will have access to the funds in stages. Meaning that capital infusion will be made partially to startups, thus in the first stage entrepreneurs will only be able to access a maximum of 20% of the total raised capital. A smart contract for new capital infusion will be executed only after all objectives or project targets have been completed for the current stage.
• Structured communication channel : SeedOn will require entrepreneurs to organize monthly, quarterly or biannually update meetings in which they will present to investors the progress of the company in the current stage. Thus, we 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.

SeedOn Technology

Our solution will provide an innovative ecosystem as a new approach to the conventional crowdfunding platform, so that it promotes 3 core values: trust, transparency and cyber security. We aim to solve existing problems and fraud, so that we remove investor’s uncertainty and we increase awareness on how the invested capital is being spent.

• Binance Smart Chain : We chose BSC as the blockchain solution over Ethereum, as it provides smart contract functionality and it is EVM compatible. 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 a project with cryptocurrencies, we allow order placements via atomic swap conversion for ETH on our platform. With the use of cryptocurrencies, we provide a secure, fast and reliable investment method.
• Blockchain based voting decision model : Experienced investors can help steer the company in the right direction, thus we offer the possibility for startups to emerge votes among investors. All answers will be stored in the blockchain, making them available to all network participants and immutable.
• AI Screening Process : The initial step of the screening process will be conducted by an AI algorithm checking for copyrights violations of the project. Nevertheless, regardless of the decision made by the algorithm, a human being will manually check the details in order to validate the output.

Token Details

Check below our tokenomics to see the distribution and the token info

• Token Name : SeedOn
• Token Symbol : SEON
• Total Supply : 350,000,000 Tokens
• Decimals : 18
• Blockchain : BSC - BEP20
• Burning : 2%

DISTRIBUTION

• Team & Advisors : 14%
• Staking on Digifinex : 17%
• Private/Public Sale : 42%
• Liquidity for exchanges, partnerships & operational costs : 15%
• Reserve : 12%

Private Pre-Sale Round

We are extremely thankful to everyone from our community that trust and offer us their support. The first private pre-sale round details are as follows

• Start : Dec 1, 2021 (9:00AM EST)
• Number of tokens for sale : 40 000 000 Tokens
• End : Dec 8, 2021 (9:00AM EST)
• Tokens exchange rate : 1 SEON = $0.005
• Acceptable currencies : ETH, BNB
• Min transaction amount : 100 000 SEON = $500

Sale token

• Dec 01 - Dec 08 : Private Pre-Sale - 40,000,000 Tokens $0.005/token
• Dec 15 - Jan 15 : Public Pre-Sale - 120,000,000 Tokens $0.01/token
• Feb 15 : Listing SEON Coin on Public Exchange $0.015/token

Roadmap

Our talented team of professionals is working towards our set goals for achieving progress day by day, so that you can benefit from a fast, secure and trustworthy environment, for safely investing into your favorite startups.

• September 2021 : Start of platform planning | Community build-up | Strategic partnerships
• October 2021 : Techrate smart contract audit | CoinMarketCap listing
• December 2021 : ICO | Platform prototype community test | Collect community feedback | Strategic partherships
• February 2022 : Exchange listing | App Development | Platform community MVP test | Begin affiliation with a FINRA/SEC registered broker dealer
• May 2022 : Platform community beta test | Community feedback | Unique NFT development | Smart Contracts Development
• August 2022 : Platform V1 release | Start procedures to become an authorized FINRA/SEC broker dealer
• October 2022 : Adopt IBM’s hybrid blockchain solution for financial applications in order to have permissioned and consortium blockchain iterations for greater control and scalability benefiting investors. This will lead to greater transparency due to increased trust embedded in iterations

Useful Links :

• Official Website : https://seedon.io/
• Whitepaper : https://whitepaper.seedon.io
• Team : https://seedon.io/?utm_source=bitcointalk#team
• Contact Us : https://seedon.io/?utm_source=bitcointalk#contact
• Telegram Group : https://t.me/seedonchat
• Twitter : https://twitter.com/seedonventure
• YouTube Channel :https://www.youtube.com/channel/UCwovridgACJrzfFnfofpzjQ

Author

Bitcointalk Username: thingnaakniyeeng,

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2661230

Bsc Wallet Address: 0xdD7800f6cA5a33e753eB353502Fff8CACcd32405