Confidence can be a tricky thing.
Whenever someone is looking to take out a loan, the bank will run a credit check to make sure that the person fulfills the necessary requirements. In essence, what we do at CrowdTrust is the same thing, but instead of working with banks and borrowers, we work with entrepreneurs and crowdfunding platforms in order to provide trusted crowdfunding data.
We noticed a complete absence of unbiased services providing due diligence for crowdfunding initiatives. We wanted to fill this void for both the entrepreneurs and crowdfunding platforms by giving them access to what they need: trusted and verified crowdfunding data, providing quick and efficient confirmation that a project fulfills all necessary legal requirements. This is what we did by founding CrowdTrust.
So why is it so important?
Title III of the JOBS Act has some tricky requirements; a crowdfunding project needs to disclose certain information in order to be in compliance with the law. As a crowdfunding entrepreneur with a great idea, you obviously want your investors to feel as though your project is trustworthy and that you took the time to properly comply with all the legal requirements demanded by the government. You want your visitors to feel that; 'well, this is definitely something I can trust!'