fundGuard enable any business to create a financial plan of milestones and fund the
execution of the plan in the
strictly programmed way
fundGuard deploys milestone plans on smart contracts which eliminate human intrusion
and ensure the flow of funds
according to was agreed, programmed and auditable
Looking for a custom blockchain solution? Our development services team will cater it for you.
Researchers from Villanova University found that charities earning a seal of transparency gained an average of 53% more contributions one year later.
FundGuard is perfect for initiatives where transparency and public control is of essence!
Coordinate multi-party loan or funding syndication
Use existing templates or create your own behaviors
Milestone funding release by the vote of designated voters.
Assignees can withdraw funds over time, with or without the cliff.
Escrow funding released to par any other source of revenue.
Helps maintain ratio between various categories of spendings such as marketing, sales, R&D, and admin.
Funding gets released upon a confirmation from external data source.
Prove your intent in a large deal through the escrow. Applicable for M&A, arts and collectibles etc.
Every milestone, with its timeline, budget and details, gets set up as an immutable record on smart contracts, which makes it impossible to tamper with.
The key business logic is performed on the blockchain through smart contracts.
It’s practically impossible to modify or change the previously made record, and the flow of funds take place in strict accordance to the previously programmed algorithm.
Because FundGuard ’s a programmable escrow, not only it’s safe, it offers multiple ways for project founders and investors align their incentives.
Investors are easier to commit if they feel safe and have their capital covered!
Once the project is funded, majority of the funds sit in the programmed and audited smart escrow which cannot be broken into.
Approve milestones, open new stages of funding and vote for any other governance decisions.
Voting Platform includes:
Benefit number one is you get the safety of funds and minimize the risk of funds mismanaged.
Going further though, having shorter milestones and clearer checkpoints motivates the project founders to be more agile and produce results quicker.
Something we have learnt from most successful startup gurus!
Research under the name ” Disentangling Crowdfunding from Fraudfunding” states that in total 207 fraud startups were raising though Kickstarter and Indiegogo between 2010 and 2015. Authors claim that “After excluding suspended, cancelled, and failed projects (in terms of reaching goal amounts), our data show that more than $27 million was successfully raised by fraudulent campaigns“.
Forbes states: In an informal survey of 192 people, only 20% agreed with the statement, “The ‘crowd’ does an effective job of preventing fraud and abuse on crowdfunding sites.”
Businessinsider reports about 12 startups that failed in 2018 and took $1.4 billion in VC funding with them