The new block chain technology flare network, which is committed to connecting everything, has announced the release of a new crowdfunding project operation service platform in collaboration with Lena instruments, a German and Swiss blockchain software and infrastructure construction enterprise. This enterprise is a leading German and Swiss IT enterprise, providing complex blockchain infrastructure solutions and software.

Cloudfunding is an operation service platform dedicated to creating a new level for the definition of crowdfunding projects. Participants can browse carefully arranged data encryption projects and unique interests as an exclusive agent, while preserving the custody of their core investment. On the current data encryption operation platform, contributors only need to determine how many dynamic passwords they want to assign to support the plan. On the other hand, cloudfunding's contribution comes from the income from the contributors' packaged FLR / SGB assets. This entity model ensures that the contributors have their core project investment from beginning to end.

Laura moreby, head of communications and spokesperson for Lena instruments, He said: "cloudfunding is a modern and scattered operation service platform, which will allow the community to apply better projects in the ecosystem, which are carefully arranged by the service platform. Contributors can also understand the development trend, deliverables and milestones generated by product dedication at any time without selling their FLR or SGB."

Through various different ways, cloud equity financing provides one of the more secure and low-risk crowdfunding project systems in the data encryption industry. Contributors can use 1% to 100% of the income generated by their capital to support the projects they agree with, while preserving their initial project investment.

As the revenue from dedication, the customer will have the right to obtain the IOU of the project's tokens before the token forms the theme activity. The IOU will be listed by many flare's decentralized exchange partners. This IOU can then be exchanged at will without waiting for the local dynamic password distribution of the project.

The key benefit of launching projects on cloudfunding is that you can receive timely cash flow after the end of each reward period and during the whole period of community contribution. Using this cash flow, cloud supported projects will have a way to pay bills, support development design, introduce themselves and establish long-term business plans, while keeping the community informed of product progress, delivery results and milestones. They can create more trust with the community and reassure the supporters, because we understand that we have preserved the custody of the initial principles in the process.

Cloudfunding can also provide community forums, Internet, legal consulting services, smart contract financial audit and other financial information services for the project through the authoritative experts of Lena instruments. In addition, the project cooperates with DEX during cloudfunding activities to ensure timely liquidity.

On the crowdfunding project operation platform, the cloud financing theme activities are divided into two stages: the raising period and the profit period. During the fund-raising period, the community is required to pack and lock its SGB / FLR tokens in the blockchain to express support. The purpose is to achieve the specified overall target quota before the deadline set by the project elite team. Assuming that the fund-raising period is successful, the following is undoubtedly the profit period. During this period, the rewards generated by the overall target amount will be donated to the project after each reward.

For projects that have not released local tokens, the token IOU will be immediately distributed to the community, so that advocates can buy and sell them gradually. The profit-making period will be required by the project and can last for up to five months. At the end of the profit period, investors will automatically receive their initial capital plus project tokens, which is in direct proportion to the debit notes they hold.

On the other hand, if the fund-raising period fails, it will be difficult for the project to obtain cloud assets, and the standards and rewards accumulated so far will be returned to the community.

Hugo philon, CEO and founder of flare, Say: "Cloudfunding is an extreme example of how developers can use the blockchain technology and data information infrastructure built in the flare blockchain. According to the use of flare time series analysis oracle bones as a mechanism to contribute to exciting new projects, cloudfunding has created a mutually beneficial and win-win situation. Flare has won another ftso provider, which is relatively highly encouraged to provide precision to the following enterprises: Price data information: Internet; New projects will be funded and applied by the community as soon as possible; Flare token holders also have the opportunity to add a new and exciting project without risk to the trustee. "

Lena instruments is an industry-leading IT enterprise in Germany and Switzerland, providing complex blockchain infrastructure solutions and software. Lena was founded five years ago. It was the result of analysis conducted by the Swiss Federal Institute of technology in Lausanne and Zurich. Since then, Lena has been providing solutions for it and commercial banks in Germany, Switzerland and Europe with strict control.