startAround is the only cryptocurrency- based startup marketplace that offers transparency to all startup ecosystem actors who want to exchange goods, services and funds in an era of overflow of information, pressure of time and variety of choice. The startAround marketplace is where startups, corporations, investors and service providers meet to exchange products, services and funds through top security blockchain-based smart contracts. Each member could buy and sell products and services. They could also invest in any company marked as open for investments. All transactions are made in full security via the SAT token.
The startup ecosystem has reached a certain maturity and density of its members and related services. While there are multiple excellent organizations offering centralized support, funding and help, there is a need for a decentralized community-driven space where startups and supporters can simultaneously exchange resources and services.
startAround is introducing a blockchain token-based platform serving as decentralized startup marketplace for the startup ecosystem. Thanks to the integrated blockchain technology, the platform offers top security for all smart contracts and transactions. The introduction of the startAround token (SAT) serving as payment mediation allows for direct and secure exchange of resources, products and services.
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Research - Explore technology stack options, interview startups to establish the base requirements for the platform, investigate funding options.
Prototype release - An early-access release limited at 50 users. This release included user and entity registrations, basic rating system, and database searching functionalities.
2
Quarter 4, 2017
Product development - Prototype improvements triggered by user-based feedback.
Funding - Organize and launch an ICO campaign.
3
Quarter 1, 2018
Beta Release - This release consists of three stages. Stage 1 will create personal SAT wallets to allow the free exchange of SAT between members. Stage 2 will adapt the existing rating system to match the needs of the marketplace. Stage 3 will enable the startups and service providers to exchange services and products using SAT as payment mediation. This release will be an “invite-only" beta-test and will provide access for up to 500 users.
Organization and Human Resources management - Expand the team to meet company objectives and client expectations.
Product development - New features development (inclusion of investors, institutional partners etc.)
Business development - Expansion preparation for key European markets
4
Quarter 2, 2018
Official release - This release will consist of three stages. Stage 1 will adapt the marketplace to include investor type users. Stage 2 will allow startups and other entities to be marked as “accepting external investments” and will allow any members of startAround to invest in startups and other entities. Stage 3 will remove the “invite-only” limitation and the cap of 500 users and allow free registrations.
Business development - Further expansion to key markets
Acceleration and partnership development