SeedOn (SEON)

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.

Whitepaper

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What is SeedOn

The main feature to emphasize is SeedOn's 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.

The main features that SeedOn’s users will benefit from are as follows:

• Securities transactions using crypto - investments can be done using SEON (SeedOn’s crypto token). Having SEON as a widely used way of payment will benefit investors and entrepreneurs as it will provide an easy way to earn passive income and appreciate the investment’s value.
• Transaction transparency & accountability - SeedOn will foster transactions between investors and entrepreneurs in its environment using the distributed ledger technology so that transparency is ensured at all times.
• Possibility to earn passive income - SeedOn’s plan is to allow securities transactions also as part of the platform so that equity crowdfunding campaigns will also be eligible. User screening process & background check - In the early stages of the registration process, the first step of the screening process will be conducted by an AI algorithm checking for copyrights violations. Ultimately, a human will be manually checking the AI’s results and details provided until the AI algorithm will be mature enough to handle the whole process by itself.
• Security & full control of your investments - Capital infusion will be done to startups in stages, meaning that entrepreneurs have access to a limited amount of money until further objectives or targets of the project have been completed.
• Protect intellectual property - SeedOn will gate project details with an authentication mechanism so that only registered users have full access to startups information. As part of the registration process, investors will be required to fill in an NDA form so that the leak of any project information will not be allowed.