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Seedon Ico Review: Blockchain Based Crowdfunding Platform

Bixer Simond by Bixer Simond
11/02/2023
Seedon Ico Review: Blockchain Based Crowdfunding Platform
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About 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.

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.

This all arose from the idea of having a decentralized environment where securities transactions can be facilitated in a transparent manner so that all investments and raised capital operations are traceable and visible to all network users.

Having built a platform that promotes transparency and trust will attract investors so that it will encourage them to prefer the solution for investments over the competition.

GooseFX Key Information

KeyPoints
Token NameSeedon Ico
Token SymbolSEON
Ico Token Price$0.010000
Soft Cap$700,000
Token For Sale120,000,000 SEON
Personal Cap500USDT-20000USDT
WhitelistYES (26 OCT – 28 OCT)
AccessPublic
AcceptsBNB
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

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 platform are visible to any user, any time.

Immutable records

Seedon Ico 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 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 solution

Having built a platform that promotes transparency and trust will attract investors so that it will encourage them to prefer solution for investments over the competition.

Investments using cryptocurrency

Investors using Seedon Ico 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.

Transaction transparency and accountability

SeedOn 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. The 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.

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.

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.

User screening process

Seedon Ico order to be able to submit a new crowdfunding project to 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.

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. The 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. They 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

The 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 they 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. The 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 Ico 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, they 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

The 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. They aim to solve existing problems and fraud, so that they remove investor’s uncertainty and they increase awareness on how the invested capital is being spent.

Binance Smart Chain

They 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 DApps and smart contracts.

Supports payments using SEON token

By offering the possibility to invest into a project with cryptocurrencies, they 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 they 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.

Tags: How To Login Seedon IcoHow To Signup SeedonSeedon IcoSeedon Ico Review
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .