Iasi, Romania, May, 2022 – SeedOn, a blockchain-based crowdfunding platform, launches SeedOn Finance, its new wallet app. The wallet will enable global investors to stake its native SEON tokens directly from SeedOn Finance, without third-party platforms, and collect their vested tokens from select SEON sales.

People donated nearly $100 million for those affected by Russia’s invasion of Ukraine through crypto crowdfunding campaigns. This, however, also opened the door to an influx of scams, with bad actors preying on the goodwill of prospective donors through phony philanthropic efforts. Such scams spurred widespread uncertainty about the validity of crypto crowdfunding and online fundraising in general.

Investors looking to participate in SeedOn crowdfunding campaigns can purchase SEON on public exchanges. If seeking to earn yields on staking their tokens, investors previously had to rely on third-party platforms. SeedOn Finance streamlines this process by eliminating the need for any intermediaries with native token staking and vesting. SeedOn’s native staking program enables investors to choose between multiple staking periods of 30, 90, or 150 days, which offer APYs of seven percent, 30 percent, and 50 percent, respectively. 

SeedOn Finance users can also use the wallet to collect their vested coins from private and public pre-sales, previously airdropped to their third-party wallets. The wallet allows them to check the next vesting date and the number of tokens they are due to receive.

SeedOn is currently developing a mobile application with novel features and capabilities that incorporate gamification for stronger user engagement. SeedOn will subsequently release a second version of the wallet, both for mobile and desktop. This version will introduce new features, including secure biometric-driven KYC and a fiat on-ramp for SEON. 

“Our community expressed concern about the safety of staking their SEON on other platforms,” says Constantin-Claudiu Minea, Co-founder and CEO of SeedOn. “We decided to develop a native option for SEON staking, with guaranteed security. We are always listening to our investors’ feedback and constantly brainstorming solutions to meet their needs.”