Crowdfunding has played an enormous and important role in the growth of the cryptocurrency market.
Instead, regular everyday people stepped up and filled the positions that were once reserved only for Venture Capitalists and Angel Investors. As part of their escrow system, the platform launched its SEON token on three crypto exchanges. The SEON token is available on Digifinex, BitMart, andThe SEON token works as a traceable and trackable medium of transfer for funds raised via token sales.
Fraudulent fundraising campaigns like this have become too common on crowdfunding platforms. This negatively impacts the reputation of the entire crowdfunding industry. Smart contracts also provide much-needed transparency as investors can see exactly where their money is going and how it's being used.
If the retailer does not receive the goods, receives the wrong products or the products don't meet the quality standards set in the agreement, the funds are returned to the retailer.Their system also includes a traceable native token that is used to protect investors from fraudulent activity and return the funds to investors if necessary.
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