What Is NEUFUND?
Neufund is an incredible platform, pioneering a new way of funding ventures. Inventors and innovators have a great platform for communicating directly with potential investors. In the past, creators have had to shop around pitching their ideas to different quarters hoping to receive funding. The new way cuts down the chase and matches inventors with the right financiers. It is a win-win for parties seeking and providing funding.
The Ethereum Blockchain Principle
Blockchain's principle is sharing and meeting the needs of a customer. It is shared across many platforms and can be accessed by all interested parties at any time. Neufund like other blockchains does not work as a standalone and is not owned by a single entity. It is part of Ethereum blockchain and can be accessed simultaneously by all start-ups. Neufund brings together investors and innovators. Neufund enables innovators to carry out initial coin offerings. Accredited investors can also purchase token which has not been launched in a process called token sale.
Linking Smart And Traditional Contracts
Startups and established firms can now issue a new type of asset called tokenized equity. Tokens represent the value of the startup or business in the real world as a liquid currency. Traditional contracts are linked with smart Ethereum based contracts. References and correspondence of codes facilitate linking of the two contracts. Blockchains boost investments and eliminate obstacles. Traditionally an innovator would have to overcome many barriers before meeting a suitable investor. By matching investors' interests with innovators startups, the funding process becomes smooth.
Blockchains and smart ethereum contracts also eliminate brokers. Innovators and investors meet directly without any intermediaries. These would have otherwise demanded money or favors from innovators and raise unrealistic expectations. The tokens are issued and accepted as securities by regulators in Europe and other parts of the world.
Community Owned Fundraising Platform
Neufund is a community owned fundraising platform. Members provide capital in exchange for tokens. As investments grow so does the platform's economy, offering a reward for investors. Just like a growing business would bring profits to owners, Neufund's expansion brings more incentives to members. Investors will commit more capital if the token economy continues to grow. Community ownerships opens up the platform to all investors; anyone can invest without restrictions. Investors also prefer this method as they can easily trade their tokens.
Traditionally, some start-ups attracted investors more easily than others because of the anticipated return on investment. Neufund offers an equal opportunity to all innovators. A startup however eccentric will attract an investor on Neufund. The time it takes to raise funds is also shorter compared to traditional ways.
All information and funds held by Neufund are safe and not exposed to any risks. Hardware wallets are used to store all assets and will not be stored in smart contracts. Investors, innovators and other members of the community will also be constantly advised on how to keep the platform safe. Shared platforms empower users to audit the system. Users can help point out any security breaches or platform's weak areas. Ethereum also allows decentralized deployment of applications, making it an ideal public blockchain for Neufund.