Uris ICO - Cryptofunding for Entrepreneurs
Uris Foundation is a Non-profit Organization founded by a mix of Entrepreneurs, venture capitalists, and independent Investors who share the belief that entrepreneurship is the cornerstone of development in the emerging markets, and that transparent and efficient innovation can foster an open, cooperative, sustainable, and prosperous future for a rising quality of startups in every industry worldwide.
Uris intend to give young companies easier access to funds, tools, and the guidance needed to turn their ventures into world-class enterprises and promote dynamic and transparent innovations to aid emerging entrepreneurs can raise capital and expand their business for lower costs.
The Uris Foundation is most interested in helping startups with the power to catalyze economic growth and offer practical solutions to real-world problems.
Uris ICO is a new platform, developed by the Uris Foundation, which eases startups access to funds. The platform is the first of three platforms under development. The system rewards startups for implementing policies that are both fair to investors and good for the public.This mechanism will give incentives for both investors and startups.
BENEFITS
First automated startup investor
We have done what no other investment management service has done in the 21st cen- tury. We will give the seed capital that will help these professionals leverage and multiply their effect of channeling big money into startups. We will be the first decentralized startup investor. With our platform, your startup can get a boost of 10% toward your goal.
Buy back Program
The Uris tokens’ unique benefit sets them beyond any other cryptocurrency available on the market today. No other similar platform guarantees the buyback of the coin making Uris a genuinely unique cryptocurrency.
A token buyback is the re-acquisition by a company of its native token. It offers a more flexible way (compared to dividends) of liquidating assets to investors. The Uris Exchange platform will generate a constant demand for Uris coins and a continual flow of transac- tions between parties that will sustain the value of the currency.
Custom smart contracts
The Uris crowdfunding platform offers various types of smart contracts to meet every investor need.
Investors will have the choice of creating their personalized smart contracts and have the power to make the rules before investing. Including conditions such as time locks, milesto- nes, and other requirements - without writing a line of code!
Benefits for Startups
Startup founders will receive help from raising funds through the Uris platform rather than any other crowdfunding site or offline alternative by:
- Post their projects on the platform
- Raise funds internationally in URI from independent investors, professional managers, or supporters/donors by signing smart contracts (see types of contracts below).
- Gain access to service providers such as law firms, accounting firms, tax experts, among others. Registered on the platform and earn discounts and promotions when paying in URI.
- Cash out their URI for fiat money to pay for goods and services
- Accept URI as a currency in their own everyday business (needed to participate in the
- platform) and offer promotions and deals to customers paying in URI.
- Sell/Buy startups assets (patents, logos, domains, among others)
Benefits for Investment Managers
Registered professional Investment Managers, who after an evaluation and certification by the Uris Exchange team, can:
- Launch their own URI-denominated VC funds in the platform
- Raise funds internationally, and cost-effectively in URI from investors registered in the platform.
- Invest in projects posted on the platform (see types of contracts below).
- Gain access to service providers such as law firms, accounting firms, tax experts, and others, registered on the platform.
- Keep track of their investments and publish their returns in the platform to attract new investors and launch new funds.
- Buy other startups assets (patents, logos, domains, among others)
Benefits for freelancers
Service providers such as law firms, accounting firms, tax advisory, and freelancers can register and offer their services via the platform to entrepreneurs and VC funds that run in the platform.
The venture ecosystem includes not only startups and investors, but also an array of firms and freelancers that support the ecosystem by giving services such as:
- Legal, tax, financial accounting advice.
- Hosting, Computing, and cloud services.
- Software development services.
- Designers / developers.
Benefits for Token Holders
Coin holders will have sources of income. Primarily, coin holders will generate profits from the venture investments they make through the platform.
Token-holders can:
- Invest, Co-invest, Donate or Support projects posted on the platform, no matter their location.
- Invest in diversified VC banquets participating in Uris Exchange platform to diversify their investments.
- Gain access to promotions and discounts from companies registered in the platform when paying in URI.
- Pay for startups services with the URI token.
- Buy other startups assets (patents, logos, domains, among others)
URIS ICO
The project team believes that using Blockchain and URI tokens will help to increase the investment inflows toward start-ups and make the entire procedure more efficient and transparent. URI token is designed as the only currency used in the ecosystem by startups to raise funds for participants and VC funds to invest
- Price of VCN token: 1URI = 0.2 USD
- Option for early termination: Yes. Once the hard cap is reached
- Maximum number of tokens: 105M
- Adjustable distribution: Tokens unsold will be destroyed
- Metftods of tokens buy: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC)
- Minimal Capital Goal: 2.5KETH
- Token activation date: 15th Feb 2019
- Soft Cap: 20K ETH
- Hard Cap: 40K ETH
The ICO bonus stages would be determined by the date:
- 1 Stage: Nov/1 - Nov/14; ICO Bonus: +30% tokens
- 2 Stage: Nov/15 - Dec/8; ICO Bonus: +20% tokens
- 3 Stage: Dec/9 - Jan/ ; ICO Bonus: +15% tokens
- 4 Stage: Jan/2 - Jan/17; ICO Bonus: +10% tokens
- 5 Stage: Jan/18 - Jan/31; ICO Bonus: 0% tokens
The Team
Roadmap
More Information
Website: https://ico.uris.io/
Whitepaper: https://ico.uris.io/static_files/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=5061844
Twitter: https://twitter.com/Uris_io
Facebook: https://www.facebook.com/uris.io/
Telegram: https://t.me/urisplatform
Author: Hoangbinmcc
BCT: https://bitcointalk.org/index.php?action=profile;u=1330327
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