iOWN – Changing the Crowdfunding Narrative

Raising funds for your magnificent startup would require more than the effort of your relatives – unless there is a Jeff Bezos among them. Fortunately, selling your brilliant business idea is now a thing, but finding those with spare cash has remained a challenge. Investors are certainly not lurking around the corner seeking for those in need of financial backing for their business venture.

While there are no free meals out there, some investors are looking for distinct startups with exemplary business ethics to sow their seeds. But unlike the religious populace, they expect a bountiful harvest from the principal and not by some supernatural stroke of luck.

iOWN Platform
With the dawn of blockchain technology as an innovative tool to foster best practices in business, many platforms are keying into this initiative to assist enterprises and enterprising individuals collaborate further and better. iOWN belongs in this category.

This blockchain-based platform is all about bridging the widening the gap between startups and potential investors. Individuals with genuine business ideas that have done their homework, by crossing the T’s and dotting the I’s of their game plan are brought in close contact with investors that possess the financing they need.

There is one reason the iOWN initiative stands out among other crowdfunding arrangements, it brings a professional touch aimed at assisting investors with all the due diligence they need to make an informed decision albeit through a third party. The platform is doing a Pilate on all the professional opinion aspect of the business which isn’t surprising as that can be time-consuming.

iOWN platform is typical of any marketplace. Every niche is distinct, so no investor is clutching around in the dark regarding the nature of the enterprise before committing valuable resources. This is quite uncommon in the crowdfunding terrain known for its indefinite arrangement. Businesses are abundant with well-defined operations.
The transparency and immutability of blockchain are exploited greatly by the iOWN platform in helping startups put their operations and roadmap in the face of investors all over the world without anyone making accusations of theft or similar crimes.

This blockchain-based platform claims collaborations could result in the release of funding within as little as 15 days, but there is no cap on the maximum number of days for startups to have access to funds. What if the investor keeps stalling for nefarious reasons? Will the platform checkmate such without putting a peg on the number of days for talks? iOWN has a lot to do in this area.

Startups would love this platform for one thing – control still lies in their hands, not the investor. The latter is not kept out in the scheme of things either as every detail is relayed across to ensure their resources are judiciously well spent.

Final Thoughts
iOWN is a revolutionary marketplace, and it’s one every startup would find interesting. While there are a few loose ends in the entire setup, the blockchain platform certainly has the potential to rival traditional crowdfunding platforms without fluttering.

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