Problems
Rug pulls.
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Rug pulls increased by 5X in 2022.
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According to a Certik report, Web3 fundraising has already seen $137 million in exit scams (YTD 2023).
No control of investments: there is low crypto adoption for conservative people. High risk investors want to see options. No solution of giving direct control to investment.
Solution
Buidl1 enables an invest-as-you-go approach: every other startup will receive funding, and investors can adjust the 'tap' or halt their investment. After reaching milestone, funds will be released to startup. After reaching milestone, funds will be released to startup.
Buidl1 offers integration of infrastructure for fundraising, private deals between investor and startup and monitoring services. Additionally, the Buidl1 infrastructure can help aggregate all your investments and actively monitor those startups.
