Tokenside

Tokenside

Tokenside is a web application which allows the common man, who don't have large capital, to easily invest in startups seeking funds.

Tokenside

Tokenside

Tokenside is a web application which allows the common man, who don't have large capital, to easily invest in startups seeking funds.

The problem Tokenside solves

Entrepreneurs face a difficult time to find an initial investor for materializing their idea and this delay has often led them to drop off their ideas in between. Even if they receive investment from a single investor, their freedom of operation is constrained as the investor has a huge say in all their actions. Our investment platform helps to connect the common man with budding startups. We are a venture capitalist firm that funds startups using crowdfunding. An entrepreneur's idea is evaluated and if he/she passes the screening process his/her firm is listed in our platform.Based on the amount needed to be raised tokens are released with each token costing a basic amount such that:- basic_amount*number_of_tokens=amount_to_raise. The value of these tokens varies with change in the valuation of the startup. Any common man can register on our platform and invest in these listed startups starting with a minimal amount purchasing tokens. The token will be different for different startups. These tokens can be transferred to any other user or can be bought back by the startup as a buyback based on the valuation at that time. Our platform will be helpful to anyone looking to implement an idea and ensure that no one drops their innovative idea due to any constraints be it financial or social.It provides an opportunity for small investors to grow their capital as most startups grow exponentially.

Discussion