Bproto partners with Escrow Protocol
Bproto is thrilled to announce its partnership with Escrow protocol in which the project will leverage Butterfly NFT domain technology. Bproto will provide its development and consulting services to Escrow in order to help the project in its way to success. Both teams will be working together through its IDO and in the making of the platform.
ABOUT ESCROW PROTOCOL
Escrow protocol is an innovative fundraising platform built in the Polygon chain that allows crypto projects and people outside crypto to raise funds responsibly and legitimately. With Escrow, investors are protected at all times since the funds are locked inside the platform until investors allow the start-up to use them. These will have to present a roadmap with important targets that must be developed. Investors and projects will agree on a milestone of the roadmap and the number of funds needed to reach that target. The amount of money agreed will be then unlocked and provided to the project. By doing this, start-ups will have to spend funds responsibly and be backed by investors who want them to be successful. On the other side, investors will feel protected as they are not unlocking all of their investment at a time and are following closely the journey of the project.
Especially in this bull run, we have seen many rug pulls and project scams. Also, others have not administrated funds responsibly and have failed due to mismanagement of money. Escrow protocol completely solves this problem providing investors with the protection they needed and start-ups with the extra help they need particularly after the IDO where most of the projects tend to have various difficulties.
Escrow is a very complete platform therefore it will also have a space dedicated to crowdfunding. This specific part could be compared to platforms like Kickstarter or GoFundMe which allow anyone to obtain funds for their matters. Escrow is based on blockchain technology which means that this crowdfunding platform will have no commissions or intermediaries that can interfere negatively.
In conclusion, Escrow is a cross-chain launchpad for crypto projects and all kinds of start-ups that aims to be used by anyone that is looking to raise funds. It solves multiple problems in the crypto space with the features mentioned above and also with other ones like a private chat between real investors and the team or stable coin staking of those locked funds so that the money is generating more of it.
BPROTO’S IMPRESSIONS
From the Bproto team, we truly believe that this project will be a complete revolution in the crypto-space taking fundraising and launching start-ups to a whole new dimension. This project will become an important player in this industry due to the multiple use cases of the platform. We encourage everyone to join us in this exciting journey!
ESCROW PROTOCOL SOCIALS
Twitter: https://twitter.com/EscrowProtocol?s=20
Telegram: https://t.me/Escrow_Protocol_Chat
YouTube: https://www.youtube.com/channel/UCRu2OSRV6gMWStoWCgXyiuw
