Backers

Backers

Get in the game

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Security Type
Common Stock
Min Investment
$2
Location
Las Vegas, NV
Offering Date
June 08, 2020
Expected Close Date
December 03, 2020
Target Raise
$10.00K-$1.07M
Deal Notes

Price per Share: $2.00

Valuation
$8,560,000

Company Description

At Backers we create smart contracts that execute on public blockchains. These smart contracts provide the mechanisms of Trust, Transparency and Accountability that have traditionally been provided by outside third parties. At Backers, we are pursuing relationships in the eSports community as we seek to provide unprecedented levels of fan interaction. With entry fees that are crowdfunded by the fans and teams, fans gain a form of equity in the team during the competition and receive their share of the prize pool when their teams win. We are also pursuing a pilot program to engage and change how local schools handle their fundraising needs within their community. Finally we are pursuing a pilot program to engage with businesses that employ migrant or other undocumented workers. We believe that we can offer employers an opportunity to provide long term support to those workers without the complex legal and financial obstacles that currently exist. Currently it is difficulty for these types of employers to establish delayed compensation or other retirement style benefits. At Backers we believe that we are creating a platform that will allow for the allocation and growth of these assets while minimizing the overhead and administrative costs. We will announce more as these relationships are finalized.

Key Deal Facts

Migrate project to Bitcoin Cash network.
Update smart contract structure that allows for ‘backing’ via crowd-funding.
Establish relationships with eSports franchises or creators.
Establish terms for MVP initial product launch with eSports franchise.
Integrate Backers application with eSports application via API.
Complete Hackathon to test smart contract structure.
Launch MVP with eSports Tournament.

Use of Proceeds

  • Working Capital
  • Marketing Campaign
  • Developer Labor
  • Legal and Regulatory
  • Branding / Social Media
  • Intermediary fees 

Management Team / Advisory Board Bios

Brian Tinney
CEO & Founder
Brian Tinney has over 20 years of experience in IT infrastructure design and architecture as well as network security and data privacy. Brian has been involved with Bitcoin and other Blockchain applications since 2012.

Matt Smart
Vice President
Smart Software Solutions Inc. is a computer consulting company headquartered in Pierre, South Dakota. The company was founded by Matthew Smart in 2004. Smart Software Solutions specializes in the creation and hosting of web based information management systems, dynamic websites, and custom applications for businesses of all sizes. Smart Software Solutions Inc. has a dedicated team of developers with the motivation and desire to write great software.

Nicholas Bonetto
Intern
Nick is a passionate software developer with a business background, and specialize in web development and decentralized applications.

Rodney Recker
Advisor
Rodney has been functioning as President and CFO of a business consulting firm focused on performance improvement using Lean Six Sigma Training and Deployment, Lean Manufacturing, Supply Chain Optimization, Business Process Reengineering, and Organization

Colton Griffin
Advisor
Colton’s experience is in developing ERP and supply chain solutions for various industries. He has successfully developed and delivered products to market. He has successfully raised capital and executed his development plan on time and on budget.

Walter Karshat
Advisor
Walter Karshat is an Innovator and Entrepreneur in Blockchain Technologies, FinTech, Mobile Apps, Wireless Health, IoT and Embedded Communications. Walter graduated with honors from the University of California, Berkeley with degrees in both Computer Science and Physics.

Deal Notes

Price per Share: $2.00

Amount Raised : $30,478
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Security Description

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