Product updates

We’ve released exciting updates to the product such as improvements for our presale sign-up and WalletConnect integration.

• We’ve worked on improving the priority list user journey and the wording of the flow to make it more clear.
• We’ve also improved the priority list components, now it’s easy to access and fill by the users, who want to participate in the presale.
• Recently we’ve taken on the task to rewrite a lot of product microcopy. It guides the user better and puts emphasis on the important, not overwhelming the user.
• In the business account verification flow, the address input has been made a required field, instead of optional. 
• Our product team has made updates to our components library to make sure that frontend development goes smoothly and all the design elements are aligned throughout the platform.
• We’ve integrated the WalletConnect stable version on our platform, it’s out of BETA and into the spotlight.

We’ve worked to strengthen our internal processes, improve platform stability and move the mobile app one step closer to its release.

• We’ve worked on improvements for the mobile app and successfully launched it’s alpha version on iOS App Store.
• We’ve improved our internal testing processes and worked on a variety of technical improvements to increase platform stability and performance.
• We’ve added an “occupation” field in the signup forms for new investors.
• “Whitelisting” — the process of joining the presale of a fundraising company, has been renamed to “priority list”, making it more understandable to the users.
• We’ve made the fundraising flow more clear and guided for companies by dynamically telling them exactly which documents they should upload so that they can publish their investment offer.
• Our homepage now has a new design, which reflects our focus on both — the investors and companies looking to fundraise.

During September we continued the development of our mobile app and worked on improvements for our issuer flow.

• We’ve improved the issuer dashboard with the addition of a new feature that allows the issuers to access and download the list of their token holders. The export includes email, ETH address, and the amount they’ve invested. This allows the issuers to communicate directly to their token holders and keep them informed.
• The ICBM investors whose commitment is in EUR can now unlock their commitment with a simple button on their dashboard.
• We’ve added an additional layer of security for our mobile app QR code scanning feature.
• We’ve developed platform unlock functionality using mobile app biometric features.
• The mobile app message & transaction signers have been consolidated.

In August we were busy improving our design elements throughout the platform, but most notably continued working on our mobile app to prepare it for the BETA launch.

• We’ve improved the icons and design elements in transaction history.
• We’ve worked on implementing a Portfolio page in the mobile app test version which is connected with the real platform data.
• We’ve implemented the message and transaction signers for the mobile app test version.
• We’ve added the account verification status to mobile app test version;
• We’re testing the mobile app extensively to prepare it for the BETA launch.
• We’ve added a notification that informs users if the gas price is higher than their desired redeem amount of nEUR or ETH.
  

In June our team has worked on improving the user experience on the platform, notably redesigning the Wallet page, consolidating transaction signer design, and improving platform copy.

• We’ve redesigned the Wallet page view, making it simpler and mobile-friendly.
• We’ve improved platform copy for success and error modules, making it more descriptive and condense.
• We’ve introduced a new and consolidated design of platform signers for all wallets.

This month we are proud to say that we’ve made great progress in improving the onboarding process on our platform. Simplified sign up, one-click login, and easy account recovery, and more.

• This month we are proud to say that we’ve made great progress in improving the onboarding process on our platform. Simplified sign up, one-click login, and easy account recovery, and more.
• Once on the platform, the user is presented with an account setup stepper. The stepper outlines the actions that need to be taken to complete account verification.
  
• The welcome email that users received upon sign up has also been simplified. Now it contains only one link that serves as both — email verification and the unique login link to the platform.
• We’ve also redesigned the account recovery flow, ensuring that it is easy and understandable to all users.

This month we’ve released new error pages, aligned design elements, and made significant improvements for the offering flow on the platform. 

• We’ve introduced a new error page that notifies users if they are using an outdated or unsupported browser version.
• We’ve improved the whitelist widget states on the offering page — the countdowns to presale and public sale are optimized and the load time has been improved.
• We’ve continued the alignment of button styles and other design elements through the platform.

Our developer team is unstoppable, even if working from home. This month we’ve developed many new features we can be proud of — like the redesign of the Portfolio page and the first impact reporting feature.

• We’ve developed the first impact reporting feature for companies raising capital on Neufund. Companies can choose to highlight and let their potential investors know about the positive impact they create.
• We’ve redesigned the Portfolio page to make it lighter and easier to navigate. It now contains essential information and shows an overview of the users’ assets, as well as investment history.
• We’ve introduced a variety of copy and design changes in the company offering page, aligning terms used to be the same across the platform.
• We’ve improved the loading speed of the Fundraising statistics available on the companies offering page.
• We’ve improved the loading speed of the Portfolio module on the Dashboard.

In February we’ve made big improvements to the institutional investor account verification process. We’ve also redesigned the investor Dashboard and introduced step-by-step account setup instructions. Read more about all the updates down below.

• We’ve redesigned the institutional investor account verification flow and introduced new information fields such as “Managing director”, and changed “Legal representative” to “Account manager”. The verification flow is split into multiple forms, making the process more coherent.
• The Investor Dashboard has had a significant design update and now features Wallet and Portfolio page widgets that showcase up-to-date information.
• The investor account setup flow has been redesigned to guide users with a step-by-step process in the Dashboard.

In January, Greyp concluded their offering and investors were able to start claiming their equity tokens and NEU rewards on our platform. In addition, we made a bunch of improvements to our identity verification flow, design features, and more.

• Our development team has worked extensively to improve internal functionality tests. 
• We’ve continued to work on style and design alignment, introducing a new button and input field styles.
• The company card in the whitelisting stage no longer features a progress bar.
• The identity verification flow has been made mobile-friendly, allowing users to verify their identity with ease on their mobile devices.
  

Our product and development team’s main focus for December ’19 was the launch of a brand new identity verification flow, making it fully automated and significantly increasing the speed of the process.

• From January 2020 Neufund allows individual users to verify their identity with one of two partners, IDnow and Onfido.
• Both offer fully compliant services and improved processes and are integrated with Neufund’s registration process, making it quicker and easier than ever for users to submit their documents and get verified.

November has brought us many new developments on the platform, most notably the token transfer widget and post-campaign improvements for issuers and nominees.

• Users can now transfer NEU tokens and equity tokens to other wallets or to other users with ease, by using a simple widget.
• We’ve improved the way the fundraising timeline is displayed on offering cards. It now more clearly displays the fundraising campaigns target investment and uses percent to show the already raised funds.
  
• Once the signing period starts in the fundraising process, the issuer will see a countdown to the deadline until when all the documentation needs to be finalized and signed on the platform.
• The issuer flow has been improved, with enhancements to the whitelisting copy and design.
• Nominees can now redeem share capital as well as upload and sign the Investor and Shareholder Agreement.

In October we developed a fundraising statistics tool and new design for the issuer dashboard, documents section and more:

• We’ve developed a new campaigning analytics tool for both issuers and investors, providing a detailed overview of fundraising statistics, such as tokens raised over time, transaction dynamics, investor analytics, and more.
• We’ve improved the issuer Dashboard view, to put emphasis on next steps and guide issuers seamlessly through the fundraising process.
• The document section for issuers has been completely redesigned. In addition, issuers can now delete documents that have not been verified or approved.
• A currency converter and discount indicator have been added to the investment module

In the month of September, we've developed new features and improvements, including enhanced transaction widget and additional email flows for issuers and nominees.

• We’ve updated the platform’s transaction flow to make the process more straightforward.
• We’ve introduced emails to guide and inform issuers and nominees about what’s happening on the platform.
• Issuers can now assign voting power to investors based on either the value or percentage of the shares they hold.
• Security update: From now on, your session will expire after 10 minutes of inactivity.

In the month of August we've developed a number of important platform features from transaction history to Nominee user type deployment and much more.

• We’ve introduced a new section of the Wallet page called “Transaction History” — there you can see the history and details of all your incoming and outgoing transactions.
• One of the biggest features we’ve added this month is the third user type on our platform — the Nominee. The new user type allows the special purpose vehicle (SVP) to complete the necessary functions of the fundraising process.
• Now issuers can upload more pictures to their listing page by using the Rich text editor.
• We’ve added unsubscribe page to further improve our email management.
  

The month of June has been dedicated to the beginning of the platform redesign project and developing additional features for the issuer dashboard.

• As part of that project that aims to align visual identity across the product and website, we’ve introduced the first major design change - redesign of the navigation bar.
• Refund flow has been implemented to allow for funds to be distributed in the case a fundraising round is not successful and does not collect the minimum investment amount.
• Opera Crypto wallet is now fully supported on our platform.

In the month of June we've focused on new integrations, design updates and more:

• Thanks to the amazing support and effort of our community, namely Alexander Mitrovich, Grigoriy Zaytsev, and Usetech.com, Gnosis Safe, the provider of multi-signature wallets, is fully supported on our platform.
• We've added “Fundraising statistics” button has been added to the listing page. This button links to the Transparency Monitor profile of the company.
• We’ve introduced a Rich Text editor in our issuer forms to allow for more efficient text formatting.

In the month of May product release includes new fundraising options for issuers, development of the demo platform, improving platform email flow and much more.

• As an issuer you can configure your offering terms simple and intuitive using "Equity Token Offering Terms" form to configure public offering terms, such as token tradability, hard cap limitations, minimum ticket size, and more.
• The platform has been adapted to host offerings in different jurisdictions.
• Demo version of the platform has been developed to showcases the full issuer and investor user journey, as well as features and usability.

Another exciting month has passed, during which we’ve been working on new platform updates, most notably the investment history, issuer flow, and a variety of improvements to the overall user experience.

• You may now follow the status of your transactions with the help of a new “status icon” located in the top-right corner of the navigation bar.
• You may now enable your ICBM wallet directly from the investment flow when selecting the wallet from which you’d like to invest.
• We’ve improved the text formatting and usability of adding and reordering Key Individuals on the ETO forms.

Easier investments with EUR, updates following Ledger’s new firmware, development of the issuer flow and more. Here’s what’s new on the platform in March!

• You can now invest directly with nEUR. We’ve integrated purchasing in the investment process for a seamless experience.
• The fundraising process is now even more automated. Issuers can upload documents and confirm their validity using the platform dashboard.
• Users can now cancel their initialized video identity verification (KYC) and re-start a manual one.

Investors who participated in the offering on Neufund were able to claim their equity tokens and accept payout from NEU.

• Investors of Neufund will become one of the world’s first communities owning tokenized equity.
• Such assets guarantee full shareholder-like rights, including participation in dividend distribution, voting, tag along, drag along and other rights defined in the Investment Agreement of the offering.
• All investors who commit their capital through Neufund are rewarded with NEU tokens that represent economic co-ownership of the platform.

We’ve welcomed 2019 with an intense January full of strategic planning, further development of our platform, and preparations for the end of our first equity token offering. Take a look what we’ve been up to!

• Our product team has been hard at work on the features behind our equity tokens (FTH) claim & payout from NEU (proceeds distribution);
• Neufund users are now able to see a private key of their Light Wallets that will make it possible to, for example, import the wallets to external wallet interfaces.
• We’ve implemented a number of fixes and improvements to make our platform even more beautiful, user-friendly, and reliable.

The world’s first equity token offering happened on Neufund, proving that both our technical and business concepts work.

• Neufund becomes the world’s first issuance platform to host an offering of tokenized equity that addresses the general public.
• So far, we have onboarded over 3,000 investors from 91 countries.
• Fifth Force’s ETO will serve as a test drive for Neufund’s set of protocols.

Neufund 1.1 is live on Mainnet. This release allows all investors to register and complete their registration and blockchain-based verification process.

• All investors registered on Neufund can use both ETH and EUR.
• Identity verification (KYC) is now possible on the platform and is designed in a user friendly way.
• From now on users can withdraw their Ether to other ETH accounts.

This month, we’ve been working extensively on the campaigning flow for companies conducting Security Token Offerings through Neufund and it is now ready. We have implemented a number of improvements, bug fixes and UX/UI solutions.

• We have released an ICBM balance check for all of the Initial Capital Building Mechanism investors, which shows the information about your commitments.
• Our development team has been also working on an external widget, that will feature all token and investment details about each specific equity token offering.
• The entire book building flow has been finished and is now in development.

This months, out team has been busy working on the migration tool. For that, we've designed a flow which walks users through a simple migration process of their funds. By this funds can be moved over to a KYC verified, external wallet. 

• We are currently building a functionality which will allow users to invest from several external wallets and choose between them. 
• Users can now see how many NEU tokens they will approximately receive for their investment.
• We also started using the Ethereum Blockies library to generate user IDs. Those are visuals to represent your withdrawing and depositing address.

Our front end team has been busy with building our landing page for the platform. Now they are working on the ETO forms which companies will fill in to sign up to get listed on Neufund.

• We've established database with a connection to the Ethereum network as a wrapper. The ETO book building process is ready for the back end and the ETO listing is even already completed in the back end.
• We've finalised IPFS, a decentralised data storage system, integration to save data.
• Integrated Sentry for one-time exception tracking to control our complete code. This works like a fire alarm and alerts us if something isn’t running as its supposed to in our system.

Today’s release enables investors to create a Neufund account, access their ICBM wallet (if applicable) and complete the verification process (KYC), which is required before investing in Equity Token Offerings.

• We offer support for five of the most popular cryptocurrency wallets, including Ledger Nano, MetaMask, Parity, and Mist.
• We’ve also launched today the Light Wallet, which is a unique way to easily deposit both ETH and EUR for future investments on the platform.
• Users can go through instant verification on a short video call conducted by our BaFin-compliant partner IDNow, or if they prefer, they will be verified manually by one of Neufund’s KYC Specialists.