Website

CRWD Network (CRWD)

ICO

Last updated: May 12, 2019

CRWD Network is a decentralized network protocol for issuing and managing tokenized equity offerings of SMEs, Start-ups and Real Estate Projects.

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Overview

Project industry	Trading & Investing
Product type	Platform
Whitepaper	Open

Bounty program

What is CRWD Network

In the digital era, in which new ideas and creative minds can create significant change and impact on the world, startups and entrepreneurs are still facing the challenge of finding sufficient funds for their businesses. In recent years, it has become increasingly difficult to find the right financial resources, even for previously established companies. New resources are needed to create innovative products and to establish an entrepreneurial society.

While established institutions like banks or financial markets for stocks and securities are serving the needs of large corporations, there is a steadily-growing demand for alternative financing possibilities for startups, SMEs, and projects such as real estate developments. CONDA supports small businesses by connecting them with investors to create and grow prospective businesses and discover the hidden champions of the future. With our crowdfinancing platform and future vision, we are poised to change the game of how companies get financed in the future.

With more than 5 years of experience in providing alternative financial instruments to companies and attracting over 30,000 users, CONDA has the expertise to develop a game-changing infrastructure for future financial markets.

Having our crowdfinancing platform built on blockchain technology will provide our network of users and projects with a fast and secure platform for investing and creating campaigns as well as setting up a third party’s own crowdfinancing campaign.

CONDA’s goal for the blockchain-based platform is to create a decentralized network to fill the gap between funds needed by companies and a growing number of individuals who wish to invest directly in startups, SMEs and real estate projects.

CONDA is the Central-European provider of crowdfinance technology.

Started as an innovative crowdinvesting platform in Austria in 2013, CONDA connects small businesses with investors who can help their ideas evolve.

Over time CONDA has developed itself into the leading provider of technical, process, and legal infrastructure for various types of alternative finance solutions, such as crowdinvesting, crowdfunding and crowdlending.

CONDA is managed by its founders Daniel Horak and Paul Pӧltner from its headquarters in Vienna, Austria.

As of today, CONDA operates crowdinvesting platforms and has licensed white-label platforms in 7 countries, making it the leading multi-country, multilingual and multi-currency crowdinvesting company in both German-speaking Europe and Central and Eastern Europe.

CONDA’s USPs

Experience

CONDA launched its crowdinvesting platform in 2013. The blockchain infrastructure presented in this paper is the next logical step in bringing crowdfinancing to the next level by utilizing the most efficient technology, developed by our experienced team and partners.

Success

CONDA has successfully financed more than 100 projects with total invested capital of over €24 million. We have the experience and knowledge to handle projects from €100,000 - €3+ million.

Approved

CONDA presented its investment model to regulators in 7 countries and has received positive confirmations from Germany, Austria, Switzerland, Liechtenstein, Poland, Slovakia and Slovenia. The regulations in the UK and in the Czech Republic have been checked by lawyers for possible future expansion.

Blockchain Technology

We are building a community-based network for fast and secure crowdfinancing based on blockchain technology, not “just another crowdinvesting platform”.

Without Boundaries

CONDA is working on erasing geographic and other existing boundaries by establishing the lowest and fairest rates for investing across countries and currencies. Transactions are quick and easy, and the investment process is the same, regardless of a user’s currency or country

Details

Pre-sales: Jun 04, 2018 - Jun 06, 2018
Public sales: Jun 06, 2018 - Jul 31, 2018
Token supply: 45,000,000 CRWT
Total tokens for sale: 22,500,000 CRWT
Soft cap: 1,000,000 EUR
Hard cap: 18,000,000 EUR

Legal

Blockchain Platform: Ethereum
Country limitations: USA, China, Republic of Korea, Canada, New Zealand, Singapore, Cayman Islands
Registration country: Austria
Registration year: 2013

Office address: Donau-City-Strasse 6, 1220 Vienna

Token info

Ticker: CRWD
Type: Utility-token
Token price in EUR: 1 CRWT = 1 EUR
Accepted currencies: ETH, Fiat
Bonus program:
Pre-ICO - 20%
Pre-ICO >100,000 CRWD - 10% (additional bonus)
Pre-ICO 90,000-99,999 CRWD - 9,5%
Pre-ICO 80,000-89,999 CRWD - 9%
Pre-ICO 70,000-79,999 CRWD - 8,5%
Pre-ICO 60,000-69,999 CRWD - 8%
Pre-ICO 50,000-59,999 CRWD - 7,5%
Pre-ICO 40,000-49,999 CRWD - 7%
Pre-ICO 30,000-39,999 CRWD - 6,5%
Pre-ICO 20,000-29,999 CRWD - 6%
Pre-ICO 10,000-19,999 CRWD - 5,5%
Pre-ICO 9,000-9,999 CRWD - 5%
Pre-ICO 8,000-8,999 CRWD - 4,5%
Pre-ICO 7,000-7,999 CRWD - 4%
Pre-ICO 6,000-6,999 CRWD - 3,5%
Pre-ICO 5,000-5,999 CRWD - 3%
Pre-ICO 4,000-4,999 CRWD - 2,5%
Pre-ICO 3,000-3,999 CRWD - 2%
Pre-ICO 2,500-2,999 CRWD - 1,5%
Token distribution:
50% - token sale
15% - team pool
10% - future technological development
10% - country expansion, new markets
5% - marketing and partnerships
4% - reserve
3% - bounty program
3% - loyalty program
Funds allocation:
32% - development tehnical environment
32% - research & development, brand development, ICO set-up
28% - expansion countries
8% - contingency