MilestoneBased (MILE) is a collaboration platform designed for Crypto VCs and Startups. It leverages the power of blockchain DAO and smart contracts to create an automated governance and fund management platform. The platform offers transparent transactions through escrow protection, allowing investors to allocate funds to project accounts in exchange for project performance. Additionally, milestoneBased provides a digital signature voting platform that enables investors to approve/decline project milestones and make other governance decisions. With the platform’s product roadmap, startups can plan and execute their projects in a transparent manner.
Unlike traditional startup investing models, milestoneBased aims to address issues such as unsystematic investor-founder relationships, capital and process inefficiencies, lost funds, and accountability and execution issues. By utilizing a DAO and smart contract escrow treasury tools, milestoneBased provides improved decision-making for VCs and angels, enhanced capital efficiency, transparency, security, and data-driven insights. For startup teams, the platform offers access to funding, as well as strengthened motivation, accountability, and performance, in alignment with investor expectations to achieve specific milestones.
On the platform, investors and startups can benefit from various features such as escrow protection, digital-signature voting, product roadmap planning, intelligent networking, sharing and collaboration, investor memos, and advanced data. The MilestoneBased (MILE) token is an integral part of the ecosystem, providing access to platform features, governance, voting, community rewards, and liquidity mining. With a strong team of experts and partnerships with launchpads and news outlets, milestoneBased is pioneering a decentralized approach to startup funding and collaboration.