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"milestoneBased is on a mission to fix a legacy system of capital inefficiency by revolutionizing collaboration on roadmaps and funding between crypto investors and start-ups. We are the first company to leverage a blockchain DAO (Decentralized Autonomous Organization) and smart contract escrow capabilities, in an automated governance and milestone management platform. VCs and early-stage investors achieve greater capital and process efficiency, better security, transparency, and data-driven insights for a faster path to liquidity and monetization of deployed funds.
milestoneBased was started in 2018, incubated by venture builder and accelerator firm, Applicature, and led by a founding team of blockchain and the Startup industry veterans. The company is addressing a large early-stage Angel and VC funding market which reached over $17B in the first half of 2021. The revenue model includes a fee for funds allocated, funds withdrawn, yield farming revenue from funds in escrow, plus other revenue streams are planned.
The platform’s MILE token provides access to features, governance, community rewards and liquidity mining. Total token supply is 100 million MILE, initial liquidity and market cap at TGE is $75K, or a price of $ 0.10 USD. The tokonomics are designed to reward a loyal long term community."
What is milestoneBased?
milestoneBased is an innovative platform designed to address the inefficiencies in the traditional capital allocation and collaboration processes between crypto investors and startups. By integrating blockchain technology, specifically through the use of a Decentralized Autonomous Organization (DAO) and smart contract escrow capabilities, milestoneBased introduces an automated governance and milestone management system. This system aims to enhance capital and process efficiency, security, transparency, and provide data-driven insights, ultimately facilitating a quicker path to liquidity and monetization for investors.
Founded in 2018 and incubated by a venture builder and accelerator, milestoneBased is spearheaded by a team with extensive experience in the blockchain and startup sectors. The platform targets the early-stage Angel and Venture Capital (VC) funding market, which has seen significant growth, with over $17 billion in funding in the first half of 2021 alone.
milestoneBased's revenue model is multifaceted, including fees for allocated and withdrawn funds, yield farming revenue from funds held in escrow, and plans for additional revenue streams. A key component of the platform is the MILE token, which serves multiple purposes including granting access to platform features, governance, community rewards, and liquidity mining. The total supply of MILE tokens is capped at 100 million, with an initial market cap and liquidity set at the time of Token Generation Event (TGE).
The platform's approach and tokenomics are designed to foster a committed and long-term community, aligning the interests of startups and investors towards achieving mutual success. By leveraging blockchain technology for improved governance and financial transactions, milestoneBased is poised to revolutionize the way early-stage funding is managed and executed in the crypto ecosystem.
How is milestoneBased secured?
milestoneBased enhances security and trust within the cryptocurrency and startup ecosystem through a combination of innovative blockchain technology and governance models. At its core, the platform employs escrow smart contracts to securely hold funds until predetermined project milestones are achieved. This mechanism ensures that investments are released in a controlled manner, aligning the interests of investors and startups by providing a structured and transparent funding process.
Further reinforcing its security framework, milestoneBased utilizes Decentralized Autonomous Organization (DAO) tools. These tools facilitate decentralized governance, allowing stakeholders to participate in decision-making processes. This approach not only democratizes the management of the platform but also adds an additional layer of security and accountability, as actions and decisions are governed by consensus among participants.
The platform's commitment to security is also evident in its continuous evolution to meet the dynamic needs of the crypto industry. By offering features such as tokenization and smart contract creation, milestoneBased provides a robust infrastructure for managing milestones, ensuring compliance, and safeguarding investments.
It's important for potential investors and startups to conduct thorough research and understand the mechanisms and technologies employed by platforms like milestoneBased. This due diligence is crucial in making informed decisions and navigating the complexities of the cryptocurrency and blockchain landscape.
How will milestoneBased be used?
milestoneBased serves as an innovative platform designed to transform the way venture capital (VC) firms and startups manage and deploy fundraised capital. By integrating blockchain technology, specifically through the use of escrow smart contracts and Decentralized Autonomous Organization (DAO) tools, it aims to enhance the efficiency, security, and transparency of capital deployment in the early stages of startup development.
The platform facilitates the tracking of Key Performance Indicators (KPIs), the release of funds based on the achievement of specific milestones, and the matching of venture loans. This approach ensures that capital is released in a manner that aligns with the startup's progress, thereby mitigating risks for investors and encouraging disciplined growth for startups.
For venture capitalists and early-stage investors, milestoneBased offers a streamlined process for monitoring their investments and making data-driven decisions. The use of smart contracts automates the governance and milestone management processes, reducing the administrative burden and allowing for a more hands-on approach to nurturing their investments.
Startups, on the other hand, benefit from a structured roadmap to liquidity and monetization of deployed funds. The platform's emphasis on milestone achievements as a basis for funding release helps startups stay focused on their growth objectives, ensuring that they meet their developmental targets and deliver value to their investors.
The MILE token, integral to the milestoneBased ecosystem, grants users access to the platform's features, including governance, community rewards, and liquidity mining. This token economy not only incentivizes participation within the platform but also fosters a sense of community among users, encouraging collaboration and mutual support.
In summary, milestoneBased is poised to address the inefficiencies in the early-stage funding market by offering a solution that benefits both investors and startups through improved capital efficiency, enhanced security, and greater transparency. It represents a significant step forward in the evolution of venture capital funding, leveraging blockchain technology to streamline the investment process and foster a more collaborative and accountable startup ecosystem.
Before considering an investment in any cryptocurrency or platform, it's crucial to conduct thorough research and consider the inherent risks associated with digital assets.
What key events have there been for milestoneBased?
MilestoneBased has positioned itself as a pioneering force within the cryptocurrency and blockchain sector, focusing on enhancing milestone management for early-stage crypto investors. Since its inception in 2018, the project has embarked on a mission to overhaul the traditional capital inefficiency plaguing the early-stage investment landscape. By integrating a Decentralized Autonomous Organization (DAO) and leveraging smart contract escrow capabilities, MilestoneBased offers an automated governance and milestone management platform. This innovation aims to foster improved collaboration between crypto investors and startups, ensuring a more efficient, secure, and transparent investment process.
The initiative has garnered significant attention and support from the venture capital community, reflecting its potential to transform early-stage funding. The backing from venture capitalists not only underscores the project's credibility but also its capacity to address the substantial early-stage Angel and VC funding market, which saw over $17 billion in investments in the first half of 2021 alone.
MilestoneBased's revenue model is multifaceted, drawing on fees for funds allocated and withdrawn, alongside yield farming revenue from funds held in escrow. The strategy indicates a comprehensive approach to monetization, with plans for additional revenue streams in the future. This model supports the project's sustainability and growth, ensuring it can continue to deliver value to its users and investors.
The platform's native token, MILE, plays a crucial role in its ecosystem, facilitating access to features, governance, community rewards, and liquidity mining. With a total supply of 100 million MILE tokens and an initial market cap of $75K at the Token Generation Event (TGE), the token economics are designed to incentivize and reward a dedicated community over the long term.
Despite its current valuation standing at 65.27% below its all-time high of $0.45, MilestoneBased's journey reflects a significant stride towards redefining the early-stage investment framework. The project's innovative use of blockchain technology to enhance capital efficiency and transparency presents a compelling case for the potential impact of decentralized solutions on the venture capital and startup ecosystem.
As with any investment, especially in the volatile realm of cryptocurrencies, it's crucial for investors to conduct thorough research and consider the inherent risks. MilestoneBased's ambitious roadmap and strategic initiatives highlight its commitment to addressing the challenges faced by early-stage investors and startups, marking it as a noteworthy project within the blockchain community.
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The live milestoneBased price today is $0.097180 USD with a 24-hour trading volume of $15,178.02 USD. We update our MILE to USD price in real-time. milestoneBased is up 0.28% in the last 24 hours. The current CoinMarketCap ranking is #1410, with a live market cap of $5,496,087 USD. It has a circulating supply of 56,555,784 MILE coins and a max. supply of 100,000,000 MILE coins.