Neufund ICO: Community-owned Fundraising Platform

Neufund ICO

Neufund loves the idea of ICOs, but the processes need to be improved. The Neufund Platform enables the community to get real equity in companies they invest in, represented by equity tokens. Almost any company can emit equity tokens and get funded on Neufund Platform.

Neufund

ICO Status: Coming

11 d : 18 h : 4 m : 23 s

Concept:

WE RE-IMAGINE ICOs We love the idea of ICOs, but the processes need to be improved. The Neufund Platform enables the community to get real equity in companies they invest in, represented by equity tokens. WE CONNECT THE OFF- AND ON-CHAIN WORLD The platform connects the off- and onchain world. Almost any company can emit equity tokens and get funded on Neufund Platform. YOU OWN THE PLATFORM By participating in our ICBM you gain economic ownership of the platform we are building – represented by the NEU token. YOU ENJOY RISK-FREE COMMITMENT You decide whether (1) you invest your contributed ETH into a company as soon as the platform is operational, (2) get 100% of your contributed ETH back after 18 Months if you don’t invest, or (3) retrieve it at any time with a processing fee of 10%. YOU EARN FROM HOLDING As a NEU holder you earn with every successful transaction on the Neufund Platform. YOU BENEFIT FROM A GROWING PORTFOLIO NEU holder owns a share of a growing equity token portfolio of all companies which are funded on the platform.

Whitepaper:
Get more information

Venture

Raised Capital:
N/A

Venture Round:
Round 1 Venture Round

Price:
NEU for first EUR committed: 3.25 NEU / EUR

ICO token Distribution:

100% of funds raised in the ICO will be used to fund innovation on the platform. 0% goes to Neufund.

Mining

Neufund ICO

Supply:

In total there will 1,500,000,000 NEU generated. The first 100,000,000 committed to the platform will generate 35% of all tokens. The ICBM cap is according to market demand on diminishing NEU reward.

Usage:

NEU is platforms token. It is a reward for committing funds for future investments on the Neufund Platform. NEU holders are economic co-owners of the Neufund Platform and are entitled to all revenues generated by all successful transactions on the platform. NEU holders are entitle to a share of every success fee paid on the platform by funded companies and to a share of every equity token pool generated on the platform. NEU also will be tradable on exchanges after the ICBM.

Competitors

ICO-Competitors

CoinList (coinlist.co) Strengths Team – High-profile team behind Partnership with AngelList and access to investor’s community Traction – It already had its first high profile ICO (Filecoin) Legally backed Utility Tokens – Token holder rights are enforced by SAFT agreement that is enforceable in court. Weaknesses Legacy infrastructure – CoinList is limited by its partnership with AngelList. The team cannot operate with a total freedom when creating an alternative financing model for more traditional companies because it is in direct competition with AngelList’s current business. As a market leader in this space, AngelList serves as a platform where hundreds of millions of dollars are already being invested using traditional structure – LLC companies with multiple shareholders. Based in the US – advantage for US companies; weakness for non-US based projects, since US regulation is very strict. Limited scope of tokens and business models. CoinList may handle only utility tokens and as consequence only blockchain/network based business models. This is due to strict US regulations around securities. SAFT agreement was designed to avoid security regulations so at the very core CoinList is unable to do equity tokens, any tokens with revenues attached or is unable to do token sale addressed at general public. CoinList is not a network/token model itself. CoinList uses blockchain just to receive payments. They will not provide ICO smart contracts or ERC20 tokens to be offered. They also do not incentivise their investors with platform ownership and do not leverage blockchain mechanisms to create network effect that brings capital and deals to their platform.
Initial Coin Offering

Initial Coin Offering Neufund

ICO Launch:
17th of November 2017

ICO Finish:
17th of December 2017

ICO Tradable on Exchanges since:
still not tradable

Platform: Ethereum (ERC20 Token)
Offices/Locations

Offices and Locations of the Neufund

Berlin, Germany

Team behind Neufund


Zoe Adamovicz

 

Zoe Adamovicz

CEO & Co-founder

Zoe Adamovicz is the CEO and co-founder at Neufund. She is an experienced entrepreneur and occasional angel investor. Zoe is passionate about building technology businesses that are impactful, positive and at the same time profitable and powerful. Prior to Neufund, she founded Xyo, a company that re-imagines how people discover apps, Priori Data (app store intelligence), and Concise Software which provides software development and engineering services. She is also a mentor to the Gaza Sky Geeks, where she supports technology entrepreneurship in the challenging area of the Gaza Strip and helps introduce Blockchain. As an expert in technology entrepreneurship and venture capital, she has been following the blockchain space closely for several years. She decided to found Neufund when she realized the potential of blockchain for democratizing access to funding, and changing the VC game for good.

Marcin Rudolf

 

Marcin Rudolf

CTO & Co-founder

Marcin is a co-founder and CTO, and currently leads the technology development at Neufund. He has been tracking the development of blockchain technology for the past 6 years. Before joining Neufund, he led technology development at the app search engine Xyo. In addition, he has worked as a developer and team leader in projects involving messaging and telecommunication (Orange), cryptography and mobile devices (Jamba Music), insurance and government (Fiat, Hewlett-Packard).

Andre Eggert

 

André Eggert

Legal Architect

André Eggert is a partner at LACORE. He advises companies and entrepreneurs as well as investors. One of his core activities is the support of M&A and financing transactions. André has special knowledge in the areas of private equity financing and quasi-equity instruments. His focus is, moreover, on negotiating and drafting joint venture and cooperation agreements. He possesses relevant experience resulting from his involvement in a wide range of international transactions with parties from the Anglo-American legal system. Additionally, he possesses specific expertise in the technology and entertainment industries.


Background-Neufund

Visit commit.neufund.org for more info.

 

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