Announces Public Token Launch on Pancake Swap
MilestoneBased, Innovative Startup and Investor Collaboration Platform
San Francisco, March, 16th 2021 — milestoneBased, the first company to leverage a blockchain DAO (Distributed Autonomous Organization) and escrow smart contracts to dramatically improve the startup funding process, today announced its first public token sale IDO (Initial DEX Offering) on the Pancake Swap decentralized exchange. The MILE token will debut on Thursday, March 24th at 4pm GMT, London, UK time.
The milestoneBased token is being offered via a Power Launch which is similar to a Fair Launch in that there are no presales or private sales, and the initial circulating supply will be only $75,000.
Started in 2018 by a team of blockchain and startup industry veterans, milestoneBased enables any early-stage startup to list company roadmap milestone goals and connect and collaborate with crypto VC and Angel investors on the platform that will provide funding. Funding decisions and governance are voted on as part of the DAO and funds are securely held in an escrow smart contract till milestones are verified and voted complete. The platform also offers a host of startup education tools and investor tools for AI and performance analysis.
The milestoneBased platform offers investors superior capital and funding efficiencies and automation versus existing practices that can take many months to execute. Investors can be confident funds are secure, they benefit from data-driven insights for decision making, and the path to monetization and liquidity of their investments is faster. Startup teams gain easier access to crypto investors and funding and are more motivated to achieve milestones for strengthened performance.
“Our team is excited to be conducting our first IDO with Pancake Swap, marking an important step in our roadmap. We’ve been working hard to create a next-generation platform solving existing problems of a broken funding management process in the startup ecosystem” said Founder and CEO, Ian Arden. “Our mission is to automate and dramatically improve milestone management and collaboration between crypto investors and their portfolio of startups, resulting in a more transparent, equitable and sustainable financing model.” He added “We look forward to welcoming the startup community to use our platform and our utility token.”
milestoneBased is also planning a Sustainable Finance Forum in the later in the year, exploring blockchain as an enabler of financial equality and societal goals in the startup funding ecosystem and beyond.
To participate in the IDO: www.pancakeswap.finance
Telegram group: https://t.me/milestoneBased
milestoneBased is on a mission to fix a legacy system of VC capital inefficiency by revolutionizing collaboration on milestone management between crypto investors and startups. We are the first company to leverage a blockchain DAO and escrow smart contract capabilities, in an automated governance and milestone achievement management platform. Early-stage investors achieve greater capital and process efficiency, improved security and transparency, and data-driven insights, for a faster path to liquidity and monetization of deployed funds. Startup teams become milestone focused and motivated for strengthened performance. www.milestonebased.com