SmartUp describes itself as a global incubation and crowdfunding platform built on blockchain technology. It aims to connect projects, investors, and service providers around the world. With distributed ledger technology and smart contracts, SmartUp aims to help project teams access capital/resources and help investors gain transparency throughout the investment cycle.
Through SmartUp’s “DApp” mechanism, SmartUp users can earn rewards by verifying data. The goal is to improve information transparency and build trust among parties. Investors can reportedly achieve transparent investment and post-investment management, thereby reducing investment risks and fraud. SmartUp supports various cryptocurrencies as investment tools, with a view towards reducing investment costs, improves efficiency, and minimizes investment barriers and facilitates cross-border payments.