Incremint can be used for any transaction (token sale, crowdfunding campaign, purchase of goods) where the parties want to make sure the pre-agreed terms are satisfied before the digital funds change hands. Incremint facilitates successful digital transactions for clients by: - Establishing trust among the parties (startup team and token holders, buyer and supplier, etc.). - Encouraging parties to fulfill their promises (what was agreed to happen before the assets change hands). - Adding credibility and visibility to projects selling tokens or seeking funding. - Providing a decentralized dispute resolution mechanism. - Ensuring that all decisions are recorded on public blockchain.
Cryptocurrency, Investment, Legal, Smart Contract
The Incremint mission is to support the growth and development of the initial coin offering (ICO) market by better aligning the interests of issuers and token buyers, mitigating risks, and incentivizing openness and transparency. Incremint believes in the potential of ICOs to fund innovation and view effective self-regulation mechanisms as critical to the long-term health of the ICO market and blockchain community.
Using Incremint, ICO Issuers will direct a predetermined portion of the raised funds to be escrowed pending milestones. Upon completion of the ICO, token buyers will vote to authorize a release of the escrowed funds as Issuers complete their milestones. By using Incremint, Issuers show their commitment to good corporate governance practices and their confidence in the business plan that they are marketing. Token buyers mitigate the risks associated with investing in ICOs, resulting in an increase in demand for Issuers.
The founders are highly experienced legal and financial experts with extensive track records in complex commercial transactions. We combine practical experience in escrow and financing arrangements with the technical expertise of strategic partners.