What is SMRT?
The startup economy is worth trillions of dollars but a large majority of these startups and small businesses do not yet have the resources or access to the technological advancements of blockchain technology and the benefits that smart contracts provide.
The Smart Startup Token (SMRT) is the gateway to smart contracts for startups and small businesses.
Think of a vending machine that dispenses templates of smart contracts with a row for business formation, a row for intellectual property, a row for funding, a row for trading etc. Choose your template, insert your token, and get going on filling in the contract or engaging an expert to help you.
The SMRT project is to create this vending machine and the user interface to turn the templates into executable contracts. We are focused on the clearly defined ecosystem of startups and small businesses, providing automatically enforced contracts that enable them to trade and function.
Our smart contract templates will cover basic contractual areas that startups and small businesses encounter such as shareholder and intellectual property agreements. More excitingly however, they will also cover finance and trading agreements in the way the Ethereum blockchain was originally designed for. Peer to Peer finance, in lending and equity, of the type Funding Circle and CrowdCube participate in, can be rolled into smart contracts.
Established trading marketplaces such as eBay or Gumtree could benefit enormously from our smart contracts, as buyers and sellers will have automatically enforced agreements to transfer money for goods. They also open the way for many more new decentralised marketplaces, where the smart contracts are the enforcements of trade. Small businesses would be able to buy bundles of our smart contract templates to facilitate their sell/buy trades.
Upon completion of the Pre-ICO, we will continue with the development of the SMRT network platform and create the full prototype. We will also focus wholly on the structure for the upcoming Crowdsale.
- Crowdsale completion
- SMRT platform development
- Primary SMRT smart contracts development
- SMRT Blockchain Explorer v.1
- SMRT token exchange listings – ongoing
- SMRT network API development
- Additional SMRT smart contracts
- The SMRT wallet v.1
- Blockchain events, partnership building and strategic networking – ongoing
- Platform release with integrated smart contracts – Smart Vending Machine
- Delivery and integration of SMRT token and contracts to committed platforms
- Whitelabel SMRT wallet – for integration with third party platforms
- Additional whitelabel smart contracts
- Recruit new platforms and marketplaces as providers of SMRT smart contracts
- Establish network of customisation specialists to service platforms
- Marketing/promotional global strategy and implementation