milestoneBased Announces Launch Update Press Release
The First Blockchain DAO for Milestone Collaboration Between Investors and Startup Companies
San Francisco, November 23, 2021 — milestoneBased, the first company to leverage a blockchain DAO (Distributed Autonomous Organization) in a ground-breaking milestone collaboration platform for investors and startups, today provided an update regarding its Beta user availability and upcoming launch.
Started in 2018 by a group of global blockchain and startup experts, milestoneBased enables early-stage crypto startups to list company roadmap and milestone goals, then connect with crypto VC and Angel investors to fund them. Funding decisions and governance are voted on by the investor token holders as part of the DAO, funds are securely held in an escrow smart contract, then released when a funded milestone is verified complete.
The platform offers investors superior capital efficiency, process efficiencies, and automation of a collaboration process that can take many months. 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 access to crypto investors and funding, and more motivation to achieve specific milestones for strengthened performance.
“Our team has been working hard to create a next-generation platform to solve existing problems of a broken funding management process in the crypto ecosystem” said Founder, Ian Arden. “Our mission is to automate and dramatically improve milestone management and collaboration between crypto investors and their portfolio startups, resulting in a more sustainable financing model’’. He added “We see a huge opportunity for this platform to be adopted beyond the crypto ecosystem, to all startups and investors. We look forward to the launch of our platform and token offering in the coming weeks.”
A Beta launch will commence in December; the company is currently qualifying interested VCs and startup users.
An IDO (Initial Dex Offering) token launch is planned in the first quarter of 2022. It will be conducted through a Power Launch with no private sales or pre-sales, but a registered list of contributors wishing to add value will be given first opportunity to buy.
Potential Beta users or those interested in registering for the token launch can find more information/sign up on the company web site.
Telegram group: https://t.me/milestoneBased
The company is also planning a Sustainable Finance Forum in 2022, exploring blockchain as an enabler of financial equality and societal goals in the startup funding ecosystem and beyond.
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, better security, 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
Chief Communications Officer