Project Pre-Funding

The Process:

A project developer would apply for funding for their project. In this application would be the proposed return to funders upon success. ecoToken would then vet the project along with partners to deem if it is a viable project to propose.

Once a project is chosen and listed, users will be able to login and fund the project, once the funding goal is reached, the funds are sent to the project developer in tranches according to the individual agreement.

The contract from the project developer for the project is tokenized as an NFT and fractionalized to be distributed to funders of the project.

ecoToken also helps with the generation of environmental credits if needed. Once credits are generated the project developer will distribute them back into the ecoSystem, along with any other benefits, to be distributed according to the agreement.