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Snovio, a lead generation and sourcing platform, announces its Token Sale starting 3 October 2017 to raise $15 million to make a pivot towards the innovation the lead generation market needs.

[Note: This is a press release.]

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Snovio Minimum Viable Product

Snovio released the platform’s beta version in April 2017. Since that time, Snovio has built the database of 400,000 unique B2B leads and extended the service functionality with the following features:

• Email Verifier that checks email addresses to ensure that the email list is valid and bounce-free.
• LinkedIn Email Search used to find and save emails and more valuable data of LinkedInners.
• Domain Search and Bulk Domain Search through which the users can extract emails along with names and job positions from various domains. It is reinforced with Prospect Search, Company Search and Linker (boolean search) being extremely handy when it comes to leads in specific fields.

Improvements and Innovations Ahead

As stated by Alexis Kratko, Snovio CEO and Founder, the platform aims to facilitate the process of lead generation and sourcing for all possible seekers of information. To do that, Snovio is going to transform the established methods of lead generation into the new decentralized one, power the platform by Blockchain and embed the smart contract.

• Decentralized Search

Snovio’s crowdsourcing data collection technology will be based on a decentralized network of an unlimited number of contributors who will add new data to the system and update already existing information using Snovio Chrome Extension. The platform will reward data suppliers with SNOV tokens in the amount of 70% of the sold lead cost. Thanks to blockchain technology and smart contract, Snovio contributors will explore the transparent and fair revenue distribution model.

• Marketplace

After the Token Sale, the platform will evolve into a Marketplace. A customer will place a data supply order and set a reward in SNOV tokens for the order fulfillment. A contributor or several contributors, being interested in receiving a reward, will perform a data search and submit the collected data back to the customer who will verify them and accept the order. After this, the contributors will receive the reward.

• Mailing Service

Aside from working on data enrichment techniques, the team is also developing a mailing service that will enable the customers to create and launch an email campaign and automated triggered email series.

Upcoming Token Sale

A total of 2,5 billion SNOV tokens based on Ethereum blockchain will be generated and capped, and 60% of them will be available for purchase within 30 days from the token sale launch date. The success threshold is set as $5 million USD, while the hard cap – $15 million USD.

Pre-sale through the White List is already live and will continue till 2 October 2017.

Learn more about Snovio and upcoming Token Sale at:

Official website: https://tokensale.snov.io/

White Paper: https://tokensale.snov.io/docs/WhitePaperEn.pdf

Twitter: https://twitter.com/snovio_ico

Telegram: https://t.me/snovio_ico

Reddit: https://www.reddit.com/user/Snovio_ICO/

Bitcointalk: https://bitcointalk.org/index.php?topic=2111272

Facebook: https://www.facebook.com/ICOsnovio/

Medium: https://medium.com/@ico_snovio

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Images courtesy of Snovio

The post Snovio Brings Blockchain to Implement an Innovative Approach to Lead Generation and Sourcing appeared first on Bitcoinist.com.

Initial Coin Offerings (ICOs) have been under steadily increasing scrutiny by the US Securities and Exchange Commission (SEC), leaving many companies and would-be investors wondering if they should risk getting into the ICO craze or leave well enough alone.

In early December, the SEC even filed charges against PlexCorps, a company that had raised over $15 million by promising to deliver returns in excess of 1,354% percent over a one-month period. Later in the month, the SEC froze trading on a hot bitcoin stock, The Crypto Company, citing “concerns regarding the accuracy and adequacy of information.”

This has been the general gist of many of the SEC actions in regards to ICOs, sending shockwaves through the cryptocurrency investment world.

 “This space is on fire and everyone wants in, but all this uncertainty around ICOs is making investors nervous,” says Fintech entrepreneur and Finova Financial CEO Gregory Keough. “The ICO model was a good first iteration, but we saw that it was time to take it to a next-level approach that provides compliance while still delivering a type of crowdfunding opportunity.”

JCO Offers ICO 2.0 Alternative

With his attorneys at Cooley LLP, Keough has created what he describes as “ICO 2.0” – a next-gen hybrid of ICO and initial public offering (IPO) structured to comply with SEC regulations using the JOBS Act Regulation A+ to include non-certified investors in a pathway to the world’s first equity-linked token. He hopes his JOBS Crypto Offering (JCO) model will provide a new avenue for startups to raise capital from a larger pool of investors.

“The crypto-investment market is maturing very quickly,” says Keough. “With the SEC’s actions, we’re already moving past the sort of lawless new frontier mentality that was so exciting when bitcoin and ICOs first took off. Investors are looking for more secure ways to get into the crypto craze, and we are working with Cooley LLP to fill this market demand.”

Introduced in the U.S. in November, the JCO is a new crowdfunding mechanism using the blockchain and cryptocurrency to allow companies to raise capital more readily through cryptocurrency investments and an initial public offering of stock in compliance with the JOBS Act Regulation A+.

First Equity-Linked Token Offering

Finova’s own token will carry the unique attribute of being linked to a share of equity in Finova and will provide for an ERC-20 Ethereum token standard that can be traded in cryptocurrency and is also backed by assets in a U.S. corporation (the ERC-20 standard makes assets more easily interchangeable). Upon issuance of tokens, the token will have the ability to pay the dividend directly to the wallet registered to the individual.

The JCO is being launched to offer an investment opportunity in Finova Financial, a socially responsible provider of digital financial technologies with a stated mission of creating a more inclusive financial system and providing a path to financial health for the 2 billion people outside of the traditional financial system. Founded in 2015 by an executive team with a deep background in traditional banking, Finova is backed by more than $100M in capital, led by CoVenture.

At the moment, Finova is in the process of offering a Simple Agreement for Future Tokens (SAFT) in a presale to accredited investors that will act as the first step on the path to issuing SEC-regulated securities to non-accredited investors.

“Our goal was to create an investment model that democratizes access to capital as well as investment opportunities,” says Keough. “We worked with the community and our attorneys to design what we hope will be a model many can use to give early-stage companies access to the largest pool of capital possible.”

To learn more about JCO, visit: http://jco.finovafinancial.com

 

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