Project founders create roadmap consisting of multiple milestones

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.

It’s immutable, auditable and no human can tamper with it

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.

Investors make their decisions based on designed roadmap

Because MilestoneBased’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!

Investments sit in the smart escrow

Once the project is funded, majority of the funds sit in the programmed and audited smart escrow which cannot be broken into.

E-signature Voting Platform

Approve milestones, open new stages of funding and vote for any other governance decisions. Voting Platform includes:

• Registry of signatures, capturing the presence of the voters in the immutable way
• Cryptographic Voting System that ensures one-time voting and prevents any fraud or misuse.

Funds are withdrawn according to the designed roadmap

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!