SeedOn, a conventional crowdfunding platform, officially launches its wallet app, SeedOn Finance. The app eliminates third-party intermediaries by enabling the staking of the SEON tokens from the app for increased security. With SeedOn Finance, investors can access wallet functionalities, do staking, vesting, and possibly buy crypto using fiat money. This is exciting news for all SeedOn fans as that means more convenience.
Most crowdfunding platforms rely on third-party platforms, which has tainted the image of crypto crowdfunding platforms as they come with many risks. There is also an increased number of scams, which kills the motivation of investors who genuinely want to fundraise for a cause.
This was a driver for SeedOn to create its own wallet to avoid using third-party platforms. Investors can directly stake and vest the SeedOn native token. Any investor that wants to participate in the crowdfunding campaigns is obliged to have SEON tokens, which can be purchased from the public exchanges. Unlike many platforms that you have to stake on third party sites, with SeedOn, you can do that on the site.
Investors can choose to stake either 30, 90, or 150 days, which attracts an APY of either 7%, 30% or 50%.
Through the app, investors can enjoy their vested coins from private and public pre-sales. The wallet helps them track their vesting dates and the number of tokens expected.
In addition to the great features, SeedOn Finance aims for a mobile application with gamification features for better user engagement. The app’s second version will have mobile and desktop versions with more security features. It will have KYC, biometric features, and the ability to buy fiat using crypto.
The main goal of SeedOn Finance is to increase security protocols, enhance trust and improve usability among users. It aims to be a functional launchpad that keeps users informed.
What is SeedOn?
SeedOn is a blockchain-based conventional crowdfunding platform. To minimize risks and increase transaction transparency, it leverages three main values, which are trust, security and cyber security. Its native token is the SEON token, enabling users to invest in different projects on the platform. For more information visit https://seedon.io/