A major challenge new ideas and projects face on their way to
implementation is to create funds. The blockchain world responds to this
problem through mass financing formulated as seed investments, private
sales, public sales, crowdloans, etc.
In such “crowdfunding”, both the projects that want to raise funds and
the investors need reliable, fair, and transparent platforms. While some
projects develop their own contracts for the ICOs they will carry out,
some projects do this through purpose-specific platforms collectively
referred to as launchpads.
As decentralization and -occasionally- the anonymity of the blockchain
world present us various problems and uncertainties, the need for new
easily accessible, reliable, transparent, and decentralized funding
platforms continues.
A few methods are being experimented for crowdfunding such as
flat-rate sales, auctions, reverse auctions, and bonding curves.
While the many existing platforms practice their selected funding
mechanism, there is no single funding infrastructure that offers several of
those methods under the same roof.
Additionally, different participation mechanisms end up enabling
large investors to access larger funds, causing frustration in small
investors and a lack of enthusiasm in new investors to come aboard.
This is best observed in launchpads with tier-based allocation
schemes and result in a proliferation of copy-paste launchpads so
that new investors can enjoy being early to join. Also, the fact that
each platform requires different participation conditions creates
confusion in participants and makes it burdensome to keep up with.
Another shortcoming of existing crowdfunding platforms is their
confinement to the specific network in which they were developed.
Investors would clearly appreciate using a one-stop-shopping
crowdfunding platform that could host projects developed on
different networks.
As Seed Hub, we aim to offer you a product package that will
eliminate all these problems.
Products
1. Seed Hub Decentralized
In our decentralized funding tool, each project owner will be able to
choose their preferred sales method:
Fixed Price Sales
Auction
Reverse Auction
Bonding Curve
While performing the sales of the project tokens in a decentralized
manner, it will also be possible for the project owners to determine the
following variables:
Hard Cap
Sales Period
Token Lock Period
Sales Audience (sale to SEED Holders,
public sale, private sale.)
2. Seed Hub OTC
We aim to create escrow contracts with a simple interface and
create a safe trading environment for those who want to securely
exchange their rights to tokens before tokens are minted, or a er,
the tokens themselves as in a conventional OTC
3. Seed Hub Probe
This service aims to identify foreseeable risks of candidate projects.
Seed Hub carries out preliminary research, verifies teams as per
disclosed identity data (as a sort of KYC, a know-your-project team
verification), thus creating an additional layer of trust before launch.
This preliminary project evaluation report will be submitted to the
DAO vote for a decision on whether to make the sale or not.
4. Seed DAO
A DAO will be established to clarify the technical roadmap of the
Seed Hub project and the sales to be made. A project that has
passed the preliminary review by the Seed Hub team will not have a
chance to make verified sales on the platform if it does not receive
sufficient interest and support from the community. Voting in the
DAO will be done using xSEED tokens.
5. Seed Hub Token
It will be the utility token of the platform and
used for the following purposes:
In Seed Hub Probe sales, the candidate projects will
pay their application fee with xSEED token.
In the DAO votings, voting power will be
proportional to the number of xSEED tokens held.
There will be special sales opportunities for xSEED
token holders. In sales made exclusively to seed token
holders, the transaction fee from the sales pools will
be reduced.
A portion of the revenue from sales commissions will
be used to buy back xSEED Tokens. DAO will decide
what to do (burn, spend for new development activity,
promotions, etc.) with these buybacked tokens.
6. Seed Bridge
Seed Hub is aimed as a multichain platform so that it supports
funding in different networks. Building a token bridge will be a
priority to enable the use of xSEED token for sales across
EVM-based Avax, BSC, and of course, Ethereum networks. Other
networks may be added as per DAO decisions.
