We are aiming to provide a decentralized crowdfunding platform, where investors remain in control of their funds until they see a successful development of the things that were promised. Money is released once results are delivered.
There is no need for any Start-Up to sit on gigantic sums of raised money for months or years while they are developing the basic infrastructure of their project. Instead of the entire raised capital being received, it is released in pre-arranged sums.
The project looking for funding will be able to set the Milestones and Timelines according to their actual capacity and realistic performance capacity, therefore setting a basis for making fulfillable promises. Investors are able to vote on approval of the Milestone completion, in voting power relative to their investment stake. While funds are held frozen in the Escrow Protocol waiting to be released, they are automatically stacked on the Escrow Lending Chain creating additional funds for the investors to be redeemed at any time.
A user-friendly Web and App platform will attract investors from traditional crowdfunding sites like “Kickstarter or Go-Fund-me”.
We are offering the same services in a decentralized way, opening the door to over USD$ 17 Billion in yearly crowdfunding in North America alone. A massive flow of money is expected to be distributed through the Escrow Protocol.
Engaging in project-specific smart contracts protects the investors and validates the funded project as having credibility and the means to deliver on its promises.
“REVOLUTION IN COMMUNITY-OWNED CROWDFUNDING”
The Escrow Protocol will have a fee of 5% on all transactions, allocating 2% to holders, 2% into the liquidity pool, and 1% into funding company marketing campaigns and community support.