RAZE NFT Minting Platform completes pre-seed round by issuing security NFTs – will showcase platform on CoinAgenda
Web3 startup raises $175,000 in crypto and fiat from accredited investors by issuing security NFTs minted using Raze platform on Polygon Network
CHEYENNE, WY, USA, Oct. 21, 2022 /EINPresswire.com/ — Raze Fintech Inc., the first NFT mining platform for security NFTs, successfully completed its $175k USD pre-seed round using their platform. In addition to their raise, the Raze minting platform is live, accepting client applications, and has launched two pilot clients looking to raise seed capital.
After witnessing and facing persistent friction while raising capital personally and with clients, Brian Anderson, Founder and CEO of Raze set out to radically streamline the way founders raise money and how qualified investors deploy capital by leveraging NFT -is. “Most startups, small businesses and creatives face significant fundraising friction due to a complicated, costly and resource-intensive process,” said Brian Anderson, adding “We solve these pain points by minting NFTs and giving companies the ability to issue securities in a compatible manner.”
It is clear to Brian Anderson and his team of industry veterans that NFTs are a dynamic digital container for eligible investments, so they created a Web3 Software as a Service (SaaS) NFT mining platform and validated it with their successful pre-seed round of $175,000.
Instead of disrupting or reinventing the foundations of securities by issuing fungible tokens, the Raze platform provides a coining platform for companies to issue non-fungible Dynamic Security Tokens (DSTs) that represent an underlying investment instrument such as a SAFE or revenue sharing agreement. The DSTs can be used to provide and manage shareholder access to voting, distributions and liquidity to qualified investors in qualified transfers.
Raze is committed to providing an NFT mining platform for companies to raise capital in a compliant manner. To achieve this, the platform requires issuers to KYC all qualified investors, obtain accredited investor declarations and perform digital signing of agreements. It is the responsibility of the issuers to ensure that their collection takes place in a regulated manner.
Using the Raze platform to facilitate their fundraising needs, each company will bring accredited investors to its private placement offering. Qualified investors will be able to access everything they would expect in a traditional offer, including investor contracts, data rooms, information about the company, and of course significant information relating to the overall offer. It is the Raze mission to provide founders and investors with a platform to enable capital formation in a frictionless manner, by minting NFTs as dynamic security tokens.
As of today, the Raze platform is live and has onboarded its first two customers, RedDoors Tech Inc. and Versafy Inc. Going forward, the team intends to deploy the Raze platform to multiple industry verticals, including startups, real estate, film financing, and Web3- projects.
About Raze Fintech Inc.
Raze is the first NFT security platform that enables companies to raise frictionless capital on their terms. Using their proprietary Dynamic Security NFT (DST), the DNA of this security token provides proof of ownership for the investment, a fast legal review, smart payments offering many different currencies for eligible investments, and ongoing management of the company, including dividends and distributions to qualified investors using smart contracts. Any startup or existing business entity (LLC, Limited Partnership, S-Corp, C-Corp) can design, set up and distribute its raise to issue and mint NFTs representing fractional share ownership, royalties and distributions to qualified investors.
For more information, please visit: https://raze.finance/
Brian Anderson
RAZE Fintech Inc.
[email protected]
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