Crowdfunding platforms are an increasingly popular method as an alternative source of investment for start-ups to raise funds quickly without having to spend extra effort to look for accredited investors, or take up loans to gain traction and progress on their venture project. Retail investors in Singapore however, have little to no access to investing in early stage startups and hence are unable to participate in the development of start-ups in their local scene. 

Our solution bridges the gap between start-ups and retail investors in Singapore to provide more opportunities for retail investors to invest in private equities of start-ups whilst providing start-ups with an alternative source of funding.

Milestones

Prior to raising capital, start-ups will have to propose a reasonable set of milestones during the campaign creation process. Upon a successful fundraising campaign, start-ups will be required to meet each milestone in order to unlock an increasing amount of funds from the retail investors. This increases investor security as they will be reimbursed with a percentage of their investment if the start-up were to fail their objectives.

Trustless

Each crowdfunding round is implemented on the Zilliqa blockchain adding an additional layer of trust to our platform as the funds are locked in smart contracts. This implies that no individual (including the admin) will be able to access the funds and the funds will only be redistributed once the conditions defined in the code are met.

Recommendation system

Our platform implements a recommendation system to account for the preferences of each retail investor and recommend campaigning start-ups that suit their profile. Retail investors can opt to indicate their age, gender, and industry preferences when they first register on our platform.