The blockchain technology; the word that comes to mind is "future". Blockchain technology is the future.
Right from the introduction of the blockchain technology to the the world, it has been used to solve a lot of problems with various businesses and industries. Companies are now incorporating the blockchain technology as the blockchain technology is the facilitator of the future; blockchain has been applied to a number of industries solving different prevailing problems but it is yet to be applied to "crowdfunding".
Crowdfunding platforms are platforms that facilitate the growing of businesses or the embarking of a project and have been in existence for a long time and time after time, new platforms keep arising with the aim of solving the problems with old platforms.
Crowdfunding platforms are numerous and as such a
person embarking on a project most times would have to join more than one platform in order to reach more people and by doing so incures more fees while still looking for ways to raise the funds needed for the intending project. Not all 'founders' are used to the use of social media or the intricacies of marketing and by joining all these platforms and trying to navigate them just to raise funds for the intending project, the founder might even be distracted from the project itself and cause a lot of time to be wasted; time that could have been directed towards the project.
Sometimes crowdfunding platform backers who are willing to support projects get affected by the unregulation of these crowdfunding platforms and this unregulation is as a result of the existence of several platforms promoting one particular cause.
The existing Crowdfunding platforms lack liquidity and as such crowdfunding backers are sometimes tied to their investments and have to wait years before even getting a piece of their investments. There are a lot of prevalent problems plaguing the crowdfunding space and these problems only repel intending backers and push existing backers away and once there is no backer to help fund a project, that project dies faster than it is born. Just like the numerous problems plaguing several other industries have been solved using the blockchain technology, crowdfunding also needs the blockchain technology; blockchain technology would change the face of crowdfunding.
The Blockchain solution to Crowdfunding is the "Arizn Platform".
The Arizn Platform would be making use of smart contracts just like the ethereum blockchain. These smart contracts would make it possible for project founders and even existing businesses in need of the help of a backer to create an attractive and liquid offering opportunity for potential crowdfunding backers.
In the Arizn ecosystem, the funding currency would be in form of the AALT token; backers would fund projects using this token and by virtue of this token, a backer that decides to liquidate some of his tokens would be able to do so instantly witout having to wait for anything; the secondary exchange that ensures high level of liquidity for backers is the LiquiDEX exchange which invariably solves the problem of liquidity for crowdfunding backers.This high level of liquidity would no doubt attract more prospective crowdfunding backers to the platform.
Roadmap.
JULY 2013
-Arizn project was formed.
MARCH 2017
-Development framework setup, ETH ERC20, ICO/DICO, p2p trade, asset shift, governance.
JULY 2017
-Alpha testnet deployed on Ropsten.
SEPT 2017
-Closed beta testnet deployed on Ropsten.
MAR 2018
-Closed beta 2.0 deployed on Ropsten.
-Additional Dapps tested, asset shift(p2p).
-Coldwallet testnet successful.
JUNE 2018
-Deploy beta version on Ethereum main network in ICO and social network mode .
-Allow only AALT crowdfunding campaigns to facilitate ICO sales.
NOV 2018
-Open beta 3.0 (Ropsten) platform test.
-All ICO features would be available.
DEC 2018
-LiquiDEX deploy on Ropsten testnet/hackathon.
-More details to be announced.
FEB 2019
-Arizn full platform test deployed on Ropsten testnet.
-The final phase of testing.
JUNE 2019
-Official launch of crowdfunding platform on mainnet, full feature launch day release.
Arizn Tokensale.
The Arizn token symbol is AALT with a total supply of 1,200,000,000 AALT from which 55,000,000 AALT would be made available for the private presale, 98,000,000 AALT would be made available for the presale and 280,000,000 AALT would be made available for the crowdsale.
Softcap is set at $2,000,000 with a hardcap set at $25,000,000.
The token distribution is as follows:
70% of the total token supply is allocated to the token sale, 3% is kept aside as reserve funding, 9% is allocated to the founders and team, 3% to the advisors and 15% to bounty/airdrop campaign.
Softcap Allocation:
27% goes to product development, 39% to marketing, sales, merchant acquisition and partnerships, 12% for operations, 6% for business development, 10% for management and 6% for legal issues.
Hardcap Allocation:
27% goes to product development, 19% to marketing, sales, merchant acquisition and partnerships, 12% for operations, 6% for business development, 10% for management, 6% for legal issues and 20% would be used for buyback rounds and exchange liquidity.
Useful Links:
Website: https://www.arizn.network/
Whitepaper: https://arizn.network/Whitepaper-version-1.2.pdf
Telegram: https://t.me/ariznnetwork
Twitter: https://twitter.com/Arizn3
Facebook: https://www.facebook.com/ariznnetwork
Youtube: https://www.youtube.com/channel/UClLriZETajkLeALZkCGqwiQ
Bounty Thread: https://bitcointalk.org/index.php?topic=4637613
Writer's Bitcointalk username: kitanodebunmi
Writer's Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1298583
