Fundraising is a complicated process no matter the form. However, Tokenomica doesn’t stop just there. We believe that decentralized and compliant post-campaign management is as important as the campaign itself. In this article, we will focus on the processes after the token sale based on the case of our client — Karma.
Tokenomica aims is to help modern companies eliminate excessive paperwork and automate back office. Our platform allows companies to create the code for the execution of your plans and also automatically creates the necessary legal documents that will legitimize the established restrictions, as well as the execution of token holders’ decisions.
In Karma’s case, these features have even higher importance. Because the project needs to keep constant communication with over 800 investors located all over the world.
Conduct shareholders voting, manage dividend payments, prepare corporate documentation, publish P&L statements, annual reports, news and updates directly from your account to your companies dedicated webpage on the platform.
Let’s take a quick look at most of the aforementioned features.
In the traditional system, shareholders’ voting process is conducted once or twice a year. The reason for it is that voting has to be conducted at a certain time and place. While in the digital era, each shareholder can take part in a voting process from anywhere.
In the future, Karma will customize which actions require the participation of shareholders and conduct as many votes as needed. These decisions can be:
- Dividends payout;
- Approvement of an annual report;
- Contract a vendor to get his/her service (in specific cases);
Before the voting, users will receive an email notification indicating the new voting and instruction on how you can participate in it.
The results of these actions will be automatically reflected in the legal documents. Shareholders, on the other hand, can play a bigger role in the work of the company, along with that you will be provided with tools that give them protection from fraudulent activities.
Dividend payouts first will be sent out manually.
In the future, in case of a steady income, payouts might be completely automated and can be previously set in the code of the smart contract. Again, all actions are automatically reflected in legal documents, saving your time.
And this only a sneak peek at Tokenomica’s post-campaign features. In the future, we will share more details about all of them.