Neufund: A Novel Way of Investing Money
NeuFund is a project designated for raising funds where the community will have full and complete ownership of the platform. It is meant as a gateway for the experienced as well as for the rookie investors who want to try their hand in the world of cryptocurrencies and blockchain technologies. Neufund operates on the basis of smart contracts featured on the Ethereum blockchain. One may ask why Neufund is different from other means of investment that have proven their reliability and profitability. The answer is fairly simple: the contemporary financial world is still over-regulated and relies heavily on various governmental institutions or the global banking system. Besides, the present investment market is reminiscent of a closed country club that opens its doors only to those who already possess enough wealth and influence.
Therefore, the major purpose of Neufund lies in the following:
- Become a gateway for the rookie as well as for the experienced investors.
- Develop a decentralized system for consolidation of capital for investments in the promising projects.
- Acquaint companies that have experience of working with blockchain technology and integrate them into the cryptocurrency-based economy.
- Create an absolutely safe financial environment and conduct all operations in accordance with current legislation.
A token is an integral part of the future Neufund economy and the fuel that sets all processes within this platform in motion. The Neufund tokens are called Neumark. Each individual or company that decided to invest in the Neufund platform will receive a certain amount of Neumarks. Logically, the bigger the initial investment, the larger amount of tokens will be awarded to the investor. It will gradually transform the platform into a system where the right of ownership belongs to all participants. Each new investment will be accompanied by the process known as Equity Token Offering. The ETO will have a direct influence on the value of Neumark through the fee that will be deducted with each new infusion of money into the platform.
There are two types of fees:
- The platform fee that will be charged after each completed ETO. This fee will be allocated to all owners of Neumark proportionally, depending on the amount of NEU on their accounts.
- The token participation fee will also be deducted within the same ETO and then apportioned among all Neufund participants who took part in at least one token sale.
This means that every person who has put his or her trust in Neufund will receive a fair share from all operation carried out within the framework of this platform.
Another important mission of Neufund is to bring investors who have never been involved with cryptocurrencies in this market. One way of doing this is to ensure the safety and prospectiveness of their investments through a stable currency. Neufund provides such stability in the form of the coin called Euro Token. The value of one token is pegged to the value of Euro, so the investors can easily calculate how much they are ready to commit to the platform and, most importantly, how much they stand to gain from their financial activities. It is important to note that all tokens adhere to the ERC20 standard.
The difference between Neufund and other blockchain projects is that Neufund did not conduct an ICO or any other similar activity. Instead, it implements the Initial Capital Building Mechanism that is based on the Ethereum smart contracts. The Mechanism will create the initial pool of investors who stand to gain the most from Neufund since their capital will grow proportionally to the development of the platform.
Neufund is the unique platform that will provide equal opportunities for both whales and minnows of the investment game, and introduce the off-chain businesses to the realm of cryptocurrencies.