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SeedOn begins onboarding ahead of the upcoming launch of its web3.0 crowdfunding platform

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SeedOn, a blockchain-based crowdfunding platform, starts officially accepting projects. Built on the Binance Smart Chain, the platform leverages its unique smart-contract escrow model to verify projects on three levels before they can start raising funds, offering the highest level of security and transparency. The expected launch of SeedOn’s platform will take place in late Q3.

In North America, $17.2 billion is generated through crowdfunding each year. Despite the ease of use and the potential to rapidly acquire cash, most crowdfunding platforms operating today come with inherent risks for project creators and investors. For project creators the risk revolves around privacy and the safeguarding of sensitive details, and for investors it has to do with fraud. While some of these crowdfunding platforms have made attempts to combat scams and fraudulent projects, the vast majority fail to effectively protect both investors and entrepreneurs.

SeedOn’s platform makes equity crowdfunding safer for investors and entrepreneurs alike by leveraging the transparency provided by blockchain technology. The platform releases the raised funds in stages based on the achievement of specific milestones, returning remaining funds if a project falls short of any milestone. Projects looking to raise money on SeedOn undergo a three-step verification procedure before they are approved. The startup screening process starts with an AI algorithm checking for copyright infringements, and ultimately ends up with a human manually checking and validating the AI system’s findings. SeedOn protects project creators by requiring investors to sign an NDA, which protects intellectual property by only allowing registered investors access to the project’s sensitive information.

To participate in a SeedOn crowdfunding campaign, investors simply purchase SEON, SeedOn’s native token, on a public exchange to then deposit into the SeedOn Finance wallet. Users can also pay with fiat money either directly on SeedOn—which is then converted to SEON on the platform’s backend—to raise the balance of SEON in the investor’s wallet, or pay directly through the crowdfunding campaign investment section, offering a viable option to non-crypto holders. SeedOn offered two pre-sales, one private and one public, during SEON’s token launch in December 2021, collectively raising $1.4 million and selling out the second presale in under five hours.

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“We are currently vetting a handful of projects for our platform, and we are excited to onboard innovative Web3.0 projects and start the process of transforming the crowdfunding industry,” says Constantin-Claudiu Minea, Co-founder and CEO of SeedOn. “Equity crowdfunding provides great value for both investor and project creator, but transparency and security are a necessity. This is exactly why we built our solution on blockchain and developed our smart contract escrow model.”

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Blockchain

XBO.com covers the bases FTX didn’t, all assets held 1:1 and always accessible to users

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XBO.com, the cryptocurrency exchange making the benefits of crypto more accessible to everyone, reassures its users their funds are safe with the exchange, promising no mishandling of funds is possible. XBO.com is working on a proof-of-reserves protocol and is holding all assets of their users 1:1 in segregated accounts through its collaboration with Fireblocks, on its recently launched platform, which merges gaming-inspired UI and top security solutions to offer traders a user-friendly and reliable alternative to existing exchange platforms.

With Bitcoin and Ethereum reaching new lows that were not seen since 2020, the crypto world is licking its wounds from the FTX crash. When Binance backed out of its rescue deal for FTX over reports of mishandling of customer funds, investors’ trust in centralized crypto exchanges dropped drastically. As many have noted, however, it was poor management that led to FTX’s downfall, not a failure of the centralized-exchange business model or underlying technology. Sam Bankman-Fried’s trading firm Alameda Research heavily invested in the FTX exchange’s FTT token, essentially inflating the token’s price using investors’ money to back it up.

Today, XBO.com reassures users that such a prospect isn’t even possible on its platform. XBO.com doesn’t have a native token. XBO.com meets the need for a user-friendly and accessible crypto trading platform. Leveraging an intimate familiarity of crypto users’ pain points and a deep understanding of social gaming UX, XBO.com makes buying and selling digital assets simple and enjoyable for both amateur and experienced crypto users who find traditional crypto trading platforms intimidating.

“The FTX crash is unfortunate first and foremost to investors on the exchange, but the mistrust users have for centralized exchanges now is harming the whole crypto industry,” says CFO of XBO.com, Dor Maman. “We want to ensure users who invest through XBO that their assets are safe and held 1:1 with zero exposure to currency rate fluctuations. We comply with the highest industry standards in terms of safety and security, and always believe our users come first.”

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Tomi’s DAO-governed ‘free web’ offers dark-web anonymity while prohibiting violence

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Tomi, an anonymous project led by eight big names in crypto, unveils TomiNet, a secure and encrypted protocol empowering journalists, activists, and ordinary citizens to surf the web free of government and corporate surveillance. The network leverages DAO governance to foster community-driven censorship of the more illicit activities that run rampant on the most prominent alternative internet networks today.

Tomi team is anon

If Satoshi Nakamoto’s real name were known, would Bitcoin’s creator be banished to the fringes along with Julian Assange, Edward Snowden, and Alexey Pertsev? Or would he be right up there with Elon Musk and Balaji Srinivasan as one of the best known entrepreneurs of our time? We’ll never know, because Satoshi wanted the world to judge the creation, rather than the creator. Tomi’s founders agree with that approach.

TomiNet kicks off a clean slate for the Internet, one where Google and Facebook don’t have power over people’s identities, Amazon doesn’t crush small businesses and host more than a third of the world’s data, and government and corporate surveillance is impossible. TomiNet threatens businesses, fiat currency systems, and power and data brokers around the world. As such, there are many reasons for which the 80+ Tomi team members feel their safety may be at stake and choose to follow Satoshi’s footsteps in remaining anonymous.

The project

TomiNet is almost fully built and synchronized with its alternative blockchain DNS service (tDNS). Users will be able to download the TomiNet browser or create a browser that points to tDNS, buy .tomi domain names, and vote on the DAO that governs the network. Through TomiNet’s browser, users surf the network with a built-in VPN that allows them to access uncensored information in countries that censor and hide IP addresses.

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The network is governed by a community-led DAO, which votes on decisions via “Pioneer” NFTs and Tomi tokens about running TomiNet and censoring content that doesn’t meet the network’s “blacklist” community guidelines. Terror, child porn, and other forms of violence are among the categories on the blacklist to be voted down by the DAO.

The Tomi team holds weight equal to average users in voting about the community guidelines and censorship, though it will hold enough tokens to have stronger influence over the technological direction of the project in the initial stages. TomiNet is structured in a way that creates a path for the citizens of the new web to out-vote the core developers and technological leadership within three years. That’s intentional on the part of Tomi, which doesn’t seek the kind of power held by the leaders of projects such as Ethereum or Cosmos.

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REVEALED: Searches for ‘Ronaldo NFT’ skyrocket 206% after Cristiano Ronaldo launches first-ever NFT collection on Binance Marketplace

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Analysis of Google search data reveals that online searches for ‘Ronaldo NFT’ exploded 206% worldwide on 15th November, as news broke that Cristiano Ronaldo has launched his first NFT collection, which was unveiled on Friday 18th November in collaboration with Binance Marketplace.

New insights by CoinGecko reveal that as soon as the launch was announced via Twitter by Ronaldo, fans of the legendary football player caused an explosion of searches on the web to find out more about his new partnership with Binance.

The arrival of the partnership has been available to consumers since Friday 18th November. It will be the start of the multiyear collaboration with one of the largest crypto exchange platforms and one of the most iconic professional athletes on the planet.

Over the past day, searches for ‘Ronaldo’ have also increased by 191% in the UK and 47% worldwide.

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Searches for ‘Binance’ in the UK saw an explosion of 499% due to fans’ curiosity to know more about the cryptocurrency marketplace.

It is not unusual for celebrities to dabble in the NFT world of cryptocurrency, and the surge in searches for ‘celebrity NFTs’ over the past week has seen an increasingly large amount of interest worldwide. Over the past seven days, Google searches for ‘celebrity NFTs’ increased by 1,251% worldwide.

“Given the level of influence and popularity of celebrities, they have become integral to the success of NFT projects,” Bobby Ong, COO and co-founder of CoinGecko, said. “Fans and followers want to spend on collectibles and experiences created by their favourite stars, and this includes digital collectibles, like NFTs.”

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