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Submission - Crowdfunding on DLT for untrusted markets

Details of idea

by arnopernthaler  |  at 18. February 2019 - 11:15  |  
Submitted to Are Blockchain & ICOs/STOs Crowdfunding's ...
Key word(s): Various

Description:

Context: Social Impact investing and Crowdfunding don't work well together, since there is a lack of transparency on how the raised funds are spend.
Problem:
- Corruption
- Untransparrency on project progress in social impact investing
- Lack of trust

Solution: Tokens that can be spend only for a specific good/service that is needed for a specifc social Project. Tokens are released for the next phases only when measurable results and Outcomes are achieved for Prior Phase.

Who can see this idea?

All platform users

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