💡How it works?

Funds allocated to the stream will not be deposited straight away, money is counted on a regular basis every second in proportionate installments. Investors can use their voting ticket to reject project funding if they are not happy with the overall results of the start-up.

Project life cycle

We created a visual schema to show the life cycle of the project in build1 protocol. We cover all three phases - fundraising, execution and distribution.

Lifecycle of project in time

Fundraising period

Type	Voting power weight
Seed	Invested funds * 2.5
Private	Invested funds * 1.9
Public limted	Invested funds * 1

Distribution period

Type	Period	Purpose
Seed funds	Instant	Instant payout for initial project expences
Linear cash flow	Milestone period	Allows to secure investors unused funds

Execution period

Type	Period	Purpose
Voting pool	Entire project period	Suspend the project funding when it reaches 51% of rejection votes
Milestone	1-3 months	Keeps track of the schedule, deadlines and fund usage.