Crowdfunding is a best way to get fund to start any projects. In last several years Initial Coin Offering is most popular way to get sufficient fund to projects. Initial Coin Offering is supporting financial for growing up new startups. In meantime crowdfunding based projects raised 200 million in 2016. FundYourselfNow is a new platform where project creators and promoters can raise funds for their projects by utilizing cryptocurrency without having any technical knowledge.
FundYourselfNow is a revolutionizing crowdfunding platform which utiliz cryptocurrencies to raise funds for projects using blockchain technology. FundYourSelfNow intent to modify the crowdfunding community by using latest blockchain tecnologies and crypto coins. FundYourSelfNow aims is to implement a milestone based funding system by utilizing blockchain and ethereum smart contracts. These platform’s system gives controll to bakers for thier funds which invested in crowdsale. Allow users to vote to stop or delay to proceed payments for the projects whose promises are not met so here backers are safe. If Backers wants back their invested money then they can vote against it and the funds wich was funded in smart contract will be refund to participants of projects.This is how milestone based funding system works using Bitcoin and Ethereum smart contratcs.
There are many crowdfunding projects failed to raised minimum funds, because of less experties and lack of knowledge. Sometime project creators were not enough skilled to complete projects. Most projects are launched without doing any homework on projects. Also there are many big crowdfunding projects get failed because of the low marketing efforts, bounty campaigns is a best way to promote and attract investors to join projects. Creators think they can save money by not launching any marketing campaigns but at the end they get failed to achieve minimum cap because of low marketing efforts. Words of project should share in every country or in language so more and more people get attract, people get attract by analysing efforts of team on promotion of project. On Fund Yourself Now project creators may ask for any type of help from the community for thier projects or the projects which they think launch. Those who help the creators will get rewarded with Bounty credits, which can be exchanged with project Tokens, if project crowdfunding will available. this tokens ae conertable to other virtual currencies, in internal crypto currency exchange.
Transaction fees is the most crucial problem traditional crowdfunding platform. Most of the crowdfunding platforms face the problem of high transaction fees and listing fees, some platforms are taking upto 9 percent of the amount raised in crowdsale of the project. But here on Fund Yourself Now transaction fees is nil creators don’t need to any fee on transfering. And for every successful project fundraising they charge 5 percent as listing fee. For example any project have amount of 10000 USD it need to pay 5 percent listining fees, five percent is equals to 500 USD.
The FYN Token holders are eligible for participant in distribution of 70 percent of the profits which was taken from FYN platform. This distrubution will held via a token buyback program. This free distribution will held every 6 month. Rest of 30 percent will be reserved with company to develope in future for company. The more tokens you hold more benifit you can get. The top 100 token holders will get free entry in FYN VIP exclusive club, must sure you are in top 100 token holders. The benifits are available for VIP members is , they can buy into upcoming promising projects on Fund YourselfNow at discount rate, in thier pre-sale period. In next stage FYN is planning to work with creators to give additional bonus in their project tokens for backers who participating with thier FYN tokens. This also help in increasing demand of FYN tokens, the example given in FYN whitepaper, If 100 Million USD is raisd on any projects in thier crowdsale and if 20 percent of their fund is in FYN tokens, that means 20 million of FYN tokens are avaialble from exchanges market.
The main risk for FundYourselfNow is to get add effective and original quality projects to get listed on the platform and attract reliable backers to use our platform to back projects they find interesting. To avoid this lose from FYN side, FYN has decided to devoted a majority of funding to business developmetn and marketing to attract more creators with project, backers and project helpers are needed. Without any affective and meaningful good projects and active backers on FYN platform, result in decrease the valu of Coin and company will suffer with revenue and profits.
FundYourSelfNow ICO was already started on 13th June 2017 and it will end on 31th July 2017. There was only one bonus for early birds, the person who will buy FYN tokens between 13th and 4The july will get 20 percent bonus, almost one week and the exchange rate is 120 FYN for 1 ETHEREUM and after 4th July 1 ETHEREUM for 120 FYN. FYN ICO accept only ETH as deposit payment.
The Crowdsale price for FYN token: 100 FYN Token = 1 ETH
The minimum fund raising target is 1.5 million USD. If FundYourSelfNow ICO failed to raise minimum fund all tokens will be refunded to participants.
Sixty percent or 7.5 million of total FYN tokens will distributed to crowdsale. Twenty percent to Founders and Employees or team. 12 percent will reserve for Bounty campaigns and 8 percent will reserve for future development.
Jack Ser is a founder of Fund YourSelf now. Jack has a expereince in Real Estate, Hospitality, Education and Fintech sectors. He is the nationally recognised by the singapore Business Advisor and Consultant Council, where he won 2015 the 2015 Management Consultant of the Year award. He is also the founder of Pinaccle DIgital. Zheng Junyi, is thecore ethereum and smart contract developer with 7 years of experience in vetting and development of cryptographic solutions and have experience in cluster management and hardware acceleration.
Carlos Salas, is a advisor of FYN. He is the co-founder of Nogle Pte LTD. in taiwan. He was worked as CEO at success dragon international. He get awarded in 2006 as Top 40 lawyers under 40 from latin lawyers association, argentins. More details about the team and advisors can be founded on website.
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