How platform helps investors?
Firstly, we pre-select the most promising startups out of thousands. We use an AI-based analysis tool to narrow the list, but the final preselection is up to industry experts. The platform offers the investors, which startups to support, based on their investment background, personal preferences, and exit strategy. The platform manages the whole acceleration process and paperwork, offering the investor weekly results of the acceleration. During the last 4 weeks of the acceleration, startups are introduced to matching seed/A-round investors worldwide. The early investors decide either they convert their options or sell them to the seed/ A-round investor(s) and exit. The platform offers the investors recommendations and projections based on predictive analysis, AI and experts opinions.
So, what it has to do with the ICO?
Acceleration program costs a certain amount of BALT tokens for each startup, depending on the startup score. We sell these tokens to investors during our ICO. Investor uses these tokens to fund a startup(s) acceleration. Startup(s) offers investor (s) an option, which can later be converted into equity share or sold to the next investor during the seed funding round.
How does the blockchain fit here?
Our goal is to make the whole process from pre-selection to exit totally transparent for every investor. Investor will be able to track each step and each stage of startup acceleration and later to track all the offers from potential seed/A-round investors.
How do we pre-select startups?
– working MVP, traction, paying users
– realistic business model
– english-speaking founders with at least some entrepreneurial experience
– trending industries: cybersecurity, enterprise, blockchain, AI/ML, edtech, fintech, energy, shared economy, and others
How are we doing so far
– 60 000 000 tokens are sold to the whitelisted crypto holders or committed by the professional investors during the private/public pre-ICOs
– the application process for startups launches in the middle of April
– several strategic partnerships with global corporations on startup mentoring
– realistic business model
– english-speaking founders with at least some entrepreneurial experience
– trending industries: cybersecurity, enterprise, blockchain, AI/ML, edtech, fintech, energy, shared economy, and others
How are we doing so far
– 60 000 000 tokens are sold to the whitelisted crypto holders or committed by the professional investors during the private/public pre-ICOs
– the application process for startups launches in the middle of April
– several strategic partnerships with global corporations on startup mentoring
