In Neufund’s quest to open innovation for good, we’re conducting our own version of an ICO. We call it an Initial Capital Building Mechanism (ICBM), and it’s designed to bootstrap the Neufund token economy. Essentially, we are incentivising investors of all kinds to bring their capital to the platform and gain a reward in the form of our protocol token, the Neumark (NEU).

In this post, we are going to introduce the Neufund Platform and our Initial Capital Building Mechanism. Intrigued? Then we invite you to read on…

Neufund Platform: Community-owned fundraising platform

Read our freshly published Lightpaper or our Whitepaper

How the platform works: Invest in tokenised equity

You invest ETH or EURT* into companies raising funds on the Neufund Platform.

Neufund transforms company’s equity into equity tokens and provides legal framework.

You become an equity token holder, which gives you key shareholder rights.

*EURT — this is our internally generated EURO token which is pegged 1:1 to EURO and cannot live outside the platform

Neufund’s mission

Open private equity to everyone

Make real world private equity fully liquid by tokenising it

Create a decentralised capital pool for funding innovation

Onboard off-chain companies into the crypto economy

Provide a fully legal setting token investment and trading

Investors own the Neufund Platform

NEU Token Value

The value of NEU results from fee payout:

Platform fee: With each successful Equity Token Offering (ETO) a platform fee is deducted from the invested amount and then distributed to NEU holders in proportion to the amount of NEU they own

With each successful Equity Token Offering (ETO) a platform fee is deducted from the invested amount and then distributed to NEU holders in proportion to the amount of NEU they own Token Participation fee: Within the same ETO, a small fee in form of company equity tokens is deducted from the total number of tokens that are distributed, and added to a platform portfolio of all companies ever to conduct a token sale on the platform

Higher reward for early birds

NEU reward decreases with every committed ticket

Neufund ICBM — Commit without risk

Reserve funds today for your future investments on the Neufund Platform Maintain full control over your funds and investment decisions Get NEU just by reserving funds and become am economic co-owner of the platform Retrieve 100% of your funds after 18 months if you don’t invest Trade NEU after the ICBM, no vesting scheme Retrieve your funds anytime with a processing fee of 10%

Post-ICBM fund allocation

After the ICBM: Invest your reserved funds on the Platform

Choose a project you like on the Neufund Platform Evaluate the company seeking funding and get in touch with the team Invest in the company of your choice… …receive company’s equity tokens Trade your equity tokens… …or retrieve 100% of your committed funds after 18 months, if you don’t find an interesting project to invest in

Neufund Platform Features

Roadmap

Technical Data

ICBM start: 17th Nov 2017, 11am UTC

17th Nov 2017, 11am UTC ICBM duration: 30days

30days Token Symbol: NEU

NEU Token Standard: ERC20

ERC20 Max. NEU Supply: 1 500 000 000 NEU

1 500 000 000 NEU ICBM cap: According to market demand on diminishing NEU reward

According to market demand on diminishing NEU reward Max. NEU generated in ICBM: 869 474 423 NEU

869 474 423 NEU NEU for first EUR committed: 3.25 NEU / EUR* (including operating fees)

3.25 NEU / EUR* (including operating fees) Bonus Scheme: First come better deal — Reward decreases with every committed ticket

First come better deal — Reward decreases with every committed ticket Max. Ticket Size: No max. ticket size

No max. ticket size Min. Ticket Size: 1 ETH

1 ETH Release committed funds: 100% after 18 months, or 90% anytime after the ICBM ends

100% after 18 months, or 90% anytime after the ICBM ends Release requirements: Must burn NEU corresponding to not invested funds

Must burn NEU corresponding to not invested funds Token Distribution: You receive your NEU in the same moment you commit your funds

You receive your NEU in the same moment you commit your funds Token Trading: Automatically enabled, one day after ICBM ends, no vesting scheme

Automatically enabled, one day after ICBM ends, no vesting scheme Code review: https://github.com/Neufund/ico-contracts

*ICBM will be performed with a constant ETH to EUR rate but will be set and announced 6 days before ICBM

Bounty Program

Stay tuned!

Neufund’s Advisors

Read more about the advisors

Read why Fabian Vogelsteller became our advisor here.

Meet the Neufund Team

Key Readings about Neufund:

Neufund’s Projects:

Neufund in the press

Join us!

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