"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 The revenue model includes a fee for funds allocated, funds withdrawn, yield farming revenue from funds in escrow, plus other revenue streams are planned.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."