iPRONTO: Connecting Innovation and Startups to Incubators and Investors

Feb 08, 2018 at 15:57 // News
iPRONTO is connecting startups to investors

iPRONTO, created by Idea Paradise is designed to connect entrepreneurs with investors, validate and incubate business ideas and provide allied services over a single blockchain platform. iPRONTO is a virtual incubation platform built on the Ethereum blockchain which overcomes the limits set by political boundaries, location, distance or economic condition.

At iPRONTO the belief system is that great ideas know no limits set by any economic background, color or location. While iPRONTO aims to deliver and facilitate such novel approaches, irrespective of any limitation, iPRONTO will help them grow.

The iPRONTO Blockchain

iPRONTO is a single window blockchain platform to foster the global startup ecosystem. The platform has been designed with a range of services that are valuable to innovators and entrepreneurs. iPRONTO facilitates the interaction between the investor and the entrepreneur, hosting all the stakeholders in the startup's ecosystem, this also works as an intermediary between government bodies, lawyers and many other kinds of service providers. Using Blockchain technology allows the platform to offer transparency whilst ensuring data integrity over a tamper-proof system.

The iPRONTO Platform

The creators of iPRONTO are looking to streamline the startup as well as the investment framework. It is about to place a huge role in the validation of the startup idea, offering the necessary guidance and services to iPRONTO through other stakeholders within the system. Venture capital and angel investors can access these well curated and incubated startup portfolios allowing smooth conduct of due diligence, enabling investors to have access to all the documentation and records stored on the iPRONTO blockchain.

iPRONTO follows a simple and effective system where innovators and entrepreneurs can submit their business plan on the platform. Investors can pick from the list of proposed ideas, hoping to invest in the next big revolutionary startup. The startup submissions will only be listed after ensuring the viability of the business idea, and all relevant documents.

Licenses will be recorded on blockchain for the ease of verification and added transparency. In addition to presenting the business idea to investors. The iPRONTO platform continues to adopt a broader spectrum of these services by providing users ease of access to government services, thus allowing the entrepreneur to gain the necessary licenses and registrations required for operating in the respective geography.

Automated Smart Contracts

Entrepreneurs can make use of iPRONTO’s allied marketing, legal, HR, finance, and other business services available on the platform to meet their requirements. The operations that run on the iPRONTO platform have been automated with the use of Ethereum smart contracts, these intelligent contracts cut short the processing time, but also ensures reliable record transparency, keeping all the activities for added convenience during audits while strengthening the credibility of the startups.

The iPRONTO ecosystem is driven by its native iPRONTO Coin (IPR). This coin acts as a value of exchange and also as a community voting mechanism for various decisions that need to be made within the platform. IPR token holders will also be eligible to receive a share in the revenues generated by the platform.

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The iPRONTO Token Generation Event

With iPRONTO being in the midst of a token sale, presenting an opportunity for the community members to become part of the ecosystem. With IPR tokens at discounted prices and benefits from various incentives and privileges entitled to token holders, participants in the token sale will be generously rewarded, more information about the token sale is available on the official iPRONTO website. Community members can also take part in their upcoming bounty program to gain iPRONTO rewards.

To find out more, visit the Website: http://www.iprontocoin.com/

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