Test Foundation
Regulation Crowdfunding offering on Republic (OpenDeal Portal)
$9,822
of $1.07M goal
0.9% funded
About the offering
THE PROBLEM - Recalls - There were 456 food recalls in the U.S. last year. Counterfeits - Counterfeit goods are a $461 billion global industry. Confusion - Consumers can’t answer key questions about product quality. THE SOLUTION - A token-curated registry for consumer health products. The TEST Registry is a curated list of products that meet quality standards. Products that join this registry and pass TEST analyses are "TEST Certified". HOW IT WORKS - TEST incentivizes companies to publicly test the quality of their products. TEST holders stake a deposit of TEST tokens to apply a product to the TEST Registry. Staking a deposit begins the application period, where other TEST holders can challenge an applicant that they believe is not up to the standards of the registry or fraudulent. Product challenges are won or lost based on scientific testing performed by a TEST-registered laboratory.
FAQ
How much has Test Foundation raised?
Test Foundation has raised $9,822 of a $1.07M goal.
Where is Test Foundation's campaign listed?
The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.
What are the terms of Test Foundation's raise?
Token, $1.00/share.
When does Test Foundation's offering close?
The stated close date is Dec 31, 2018.
