🔸Nexbox Investment Platform Service

Project fundraisings are no longer the only domain of infrequently active small private retail investors, as has been seen as a trend in the cryptocurrency space in recent months. Much more frequently, crypto ventures collaborate with other pool organizations, VCs, and DAOs to raise the money required for a successful launch. This helps freshly started enterprises since fewer parties are required to sign contracts that are required to contact many small- to medium-sized private investors.

As a result, several decentralized investor groups and so-called launchpads have emerged over the last year, each of which has its process for conducting crowdfunding rounds most equitably and straightforwardly.

Problem

When looking behind the hood, one might anticipate seeing a collection of orderly automation, however, the reality is rather different: It's interesting that many, if not most, procedures still include manual labor, rendering them susceptible to mistakes like fundamental human error, which may happen to anybody at any moment.

Given the size of such groups’ member pools of oftentimes hundreds if not thousands of active users, and how tedious it can get to manually process all their deposits, eventually refunding part of those at the expense of unnecessarily paid transaction cost, we at Nexbox see the absolute need for a complete, automated go-to solution here – A tool that makes life safer and simpler at the same time, for both your userbase and you as a project administrator.

Solution

With our experience of the past years, both as private investors and as professionals, we have come to know the workings of various pool groups and DAOs. Combining this with our usual spirit of simplicity and innovation, we are presenting a service that brings the best of Nexbox to the world of launchpads and IDOs.

The box Investment Platform Service enables project administrators to deploy a crowd sale at highly customizable conditions through a convenient dashboard, in a way that reduces financial impact on both sides and at the same time provides for unbreakable safety and reliability where needed.

Included features, not limited to

• Open & end crowdfunding rounds through a simple interface

• Define min/max allocation – Anything above gets rejected, no need for refunds

• Define min/max cap per user

• Define start & end time – Before and after, no payments are accepted

• Set requirements for participation

• Holding a specific token

• User whitelisted

• Social media verification

• Referral activity

• Enable/disable users retracting their funds once deposited

• Include custom data & further information to be displayed to users

• Easy token distribution through integrated Nexbox Claiming Platform

• Particularly important: Vesting & locking!

• Simple end-user dashboard

• Shows all sales the user is eligible for

• Enables depositing funds for sale, and claim in token afterward

• Privacy option, based on Nexbox On-Chain Escrow

Project operators will no longer need to meticulously maintain workflow sheets and keep track of every sing to order to ensure that all members are given the correct amount of tokens, all while saving on costs for transactions and potential error.

On the user side, members benefit from not having to keep track of past transactions and pool groups for their investments anymore, as all relevant information is being displayed to them through a clear, easy-to-use dashboard interface, giving an overview of open/close-dosed pools, eligibility for participation, and so on.

At the same time, not being able to over-fill the sale profits users just as much as project administrators, saving them unnecessary transaction costs. The risk of sending funds to the wrong address is eliminated, as all pool investments are handled through the aforementioned dashboard, and users never even have to bother with handling a single address other than their own.

Any kind of verification required for participation in the sale is handled automatically by the Nexbox Investment Platform Service, in such a way that users don’t need to waste a single transaction. It’s only when all conditions set by the administrator are met, that users are given the option to deposit funds through their dashboard.

To give an option for anonymization and increased privacy, users will have the possibility of determining another, second (third, fourth, …) wallet address, through which the token claiming will take place.

Bottom Line

Through the use of established Nexbox tech, we give you a complete solution for managing crowd sale rounds in a safe & simple way that vastly reduces the potential for human error, the financial overhead of transactions that can be avoided, and also the workload involved on all sides.

For all crowd sale needs that arise outside of what we’re offering here, kindly feel free to contact us at [e-mail], so we can work out an individual solution for your project together.