iPRONTO’s middleman platform is a global avenue for any investor to invest in a startup idea. Because of the blockchain technology used by the platform, security is going to be assured. Power would not be given to any single person, meaning each and every participant – be it an investor or a innovator, is the owner of their own data and information.
iPronto intends to create a highly dynamic, easy-to-deploy blockchain platform that will connect all of the disparate stakeholders in the startup ecosystem. By creating a common platform on which these entities will be able to interact, the iPronto team is aiming to speed up incubator and accelerator programs. Virtually any element of the startup environment is able to use the iPronto platform to help manifest promising concepts into real world businesses or products. The iPronto platform will be ideal for incubation functional units, boards of directors of incubator centers, external freelancers and contractors, VC and ICO participants, client companies, and even government or regulatory bodies.
Overall, the iPronto platform wants to build an ecosystem that nourishes and nurtures both amatuer and professional innovators, bringing together the most promising concepts, resources, and financing into one comprehensive platform. iPronto will act as a “decentralized middleman” between investors and incubators, providing promising innovators with a platform on which to present their concept. Inverters will be able to view a library of projects and invest in the platforms or ideas that they find most attractive.
iPronto is focused on providing users with all of the tools required to implement smart contracts on the Ethereum network that can be used to manage accounting and finance, investments from VC, angel investors, and initial coin offerings, legal and regulatory processes, and government functions. Importantly, iPronto will incorporate a complex screening process that will promote high levels of transparency, accountability, and reliability in order to place eligible startups on the platform. The screening process is led by an expert onboarding committee, and is further regulated by community voting.
Startups that are selected to enter the iPronto platform will then be provided with additional guidance and a range of different tools that they can use to polish their concept in order to make it more attractive to potential investors. The iPronto platform will also adhere to Know Your Customer and Anti-Money Laundering regulations with respect to global standards. Each member of the iPronto community will be provided with a social score based on both their history on the platform as well as their interactions with the community at large. The key mechanism that will drive the iPronto platform is the iPronto token, which is intended to be used for a variety of purposes.
The iPronto token will be used to pay membership fees and signup fees, as well as used for transferring value between investors and incubators. Exchange commission will also be provided in iPronto tokens. Lastly, iPronto also plan to release a debit card solution, which will incur usage fees that will be charged in iPronto.