Fundraising platform for Neufund - Case Study
The challenge
Build an application that allows everyone to be invited to join the bootstrapping of a new two-sided marketplace and an investment ecosystem, and to once and for all democratize innovation and creation.
Neufund at a glance
Neufund is a community-owned fundraising platform. It acts as a bridge between the investment world and the blockchain space. Using Neufund’s legal and technical infrastructure, startups and established companies alike can legally issue a new type of asset we call tokenized equity.
Technology:
- Blockchain
- Ethereum
- Smart Contracts
- Solidity
- Tokens
- Javascript
- ReactJS
The results
With the help of Concise, Neufund provides creators with the tool they need to fund their ventures by going directly to those who believe in their success. This tool allows the following:
- reduce transaction costs between the two sides of the investment process
- open up the investment space for private equity to everyone
- eliminate geographical constraints from venture creation
- make real-world private equity fully liquid by tokenizing it
- onboard off-chain companies to the crypto economy
- provide legally secure management functions for equity management
To make it a functioning blockchain economy we introduced a platform token called Neumark, along with several mechanisms that determine the nature of transactions between platform participants and thus Neumark’s value.
The two main types of actors on the platforms are investors and companies. Investors bring capital to the platform and look for interesting investment opportunities in companies. Companies are businesses of various kinds that look for funding by offering part of their shares to investors. The fundamental transaction on our platform is investment, whereby investors become shareholders in companies via Equity Token Offerings (ETO).