Finally: a secure, fast, easy and fully integrated data storing and sharing platform that helps you to organise your personal digital life! Using the Only Once platform, sharing both private and business personal and administrative information is easy and immediate. Wherever you are. Store Once, Share Forever.
More and more time is being spent on organising administrative business online. In addition, more and more data is being asked from users both offline and online which leads to users having to fill in the same data over and over again. On paper, at events, when signing up for memberships, on website, via business cards or mouth to mouth communication. Not very efficient, not very safe! The consequence is that personal data is scattered and stored across multiple databases and it’s unclear whether it’s stored safely or how the data is being used. We lost all control over our data.
Only Once offers a new platform to solve this problem
Only Once offers a new, state of the art solution: a “Life Management Platform” (LMP). With a LMP organisation and consumers can exchange data in a secured, controlled and fast way. The data owner (a business or consumer) allows third parties to uses specific data sets for a certain period of time. Policy and subscription details for example, or signing up or unsubscribing from certain services and more: via Only Once the necessary data transaction takes place in one location!
In the future, people will be able to add and manage groups and events, for which external parties will able to register for. In a later stadium it will also be possible to have secured, safe and non-interceptible conversations with a messaging and video service. In other words, via a LMP the data owner organizes all his personal and business matters, with data exchange as the basis.
This information is stored in a Personal Data Store (PDS), a digital data vault that belongs to the owner. The owner is the only one who poses the key to this safe, basically reducing the chances of fraud to zero. Besides an option of owning a PDS it’s possible to create multiple Organization Data Stores (ODS). Is the user an entrepreneur? Then it’s possible to arrange the data of all his companies within one place and share it with the right and trusted parties he selects.
Immediate and full data sharing is possible in two ways. Either the entrepreneur offers the chosen data to a party, or he allows a party asking for the data access to the information. Think of webshops, sport clubs, a new employer or a generated group of people (family, friends, colleagues) with whom he chooses to connect and share data quickly.
The beauty of this principle is that each change that he makes is automatically communicated to all the receivers of this data. With Only Once, everybody can share data anywhere, anytime and via any device. Store once, share forever!
The Only Once “Life Management Platform” recovers what has gone missing in the past years: privacy and control over our personal data. The essence of the Only Once concept is that she transforms the world from “entering data” to “allowing third parties access to that data”. The owner of the data is always in control! Not only does the Only Once solution offer safe data storing in combination with data sharing, but additionally it also offers “identity management services”, in combination with a “trusted framework”. This is a set of agreements and conditions that LMP users with validated and secure identities agree to use when sharing data.
Only Once is one of thé starts on the Symbid platform, with a total funding amount of €900.000. Only Once is the solution to an internet problem we all experience. World Wide.
With more than 200 investors convinced of the Only Once proposition, it’s only a matter of time before you want to join!
new machine to increase cheese production output. At Bergens Blonde
they were not very enthusiastic about enslaving themselves to the
include a free Koeboek (a book about dairy industry,) discounts in
shops where Bergens Blonde cheese is sold, and cash. There's fun for
the cheese lover, and cash for the serious investor looking to
increase his shareholder value.
Blonde is not a
traditional startup or vague idea stage company. It's a profitable
organic cheese producer.
But also for companies that already exist, crowdfunding is a
solution, thinks Peter Bosman. Bosman needed new equipment to
increase production from 50 kilos to 500 – 1,000 kilos per week.
The cost: EUR 45,000. The bank was prepared to lend the money, but
Bosman opted for crowdfunding. He
succeeded in raising the money in just two short weeks.
Exactly 101 investors came
together to put down the
EUR 45,000. The round was
had the advantage of a very concrete business case. “I see
plenty of really bad business plans based on speculation. I had
already proven myself. The
investments trickled in the first week, but accelerated
throughout the second week.”
It was not that simple
though. After the first
week Bosman realised that he had to really promote the idea. “I did
a lot of ranting and raving. For a week I made daily work of
trumpeting around via e-mails, LinkedIn, local media and by
responding as quickly as possible to every question from potential
investors on Symbid. Crowdfunding is an inexpensive, but
labour-intensive form of fundraising.” That it ultimately went well
was not entirely due to my efforts. The story was also solid,
simple and relatable. Organic
cheese is a sustainable
and delicious, sustainable
and delicious. Attracting a crowd of investors was not just
intensive, but also fun, Bosman found. “A lot of them were very
professional investors. Many
were entrepreneurs themselves seeking additional capital for their
companies. Some were competent advisors as well.”
investment has every chance of succeeding. In the end, EUR 45,000
turned out to be on the low side. The delivery of the machine took
longer than expected and Bosman had to raise another EUR 95,000
elsewhere. Since then,
Bosman has been able to expand to produce yoghurt in addition to
the crowd had a double benefit.” Production and turnover has risen
substantially as planned. If profitability rises in tandem
with the growth of the company, it will spell phenomenal news for the
investors and shareholders,
this is good news for the investors and shareholders. According to
Bosman, the value of the shares have already increased. Whether it is
in line with the projected 50-100% growth the first year, Bosman
cannot yet say.
EUR 185,000 via crowdfunding, within 48 hours. Not every entrepreneur
is so successful, but Erik Recter managed it with his startup
Kidswatcher using Symbid.
happened between 16.00 p.m. on Friday afternoon and the following
Sunday afternoon. Just over 30 investors were responsible for
realising the funding target of EUR 185,000 within 48 hours. We can
safely say that Kidswatcher was one of the biggest successes on the
Symbid crowdfunding platform. Eric
Rector attributed the campaign's success to two things:
“People could relate to
the product. There is clearly a need for it in today's society. It
was only a matter of time before something like it would come to
market. The question was only who, when and how.”
Kidswatcher is a watch for children from ages
5 through 12 (the pre smartphone age,) which allows parents to track
their children. In
emergencies, it also has a child-locator function. But,
says Rector, perhaps even more important than the relevance of the
product was the timing of a crowdfunding venture.“ There has to be
a buzz. You can't make the mistake of beginning your crowdfunding
campaign prematurely. You've
got to have credibility.”
nice story is not enough, you must also have acquired credibility.”
For As far as that was
concerned, Rector's Kidswatcher had the necessary tailwind.
was chosen as The Next Entrepreneur 2013, and Kidswatcher was
accepted for the accelerator programme, Startupbootcamp; tangible
evidence of a promising concept and a red carpet for media attention
before a fundraising round. “You start with seed capital (the first
30 to 35 thousand euros) and then, after gaining sufficient traction,
you can switch to crowdfunding. After that bigger investors and,
ultimately, the banks come into the picture. Banks are averse to risk
and only want to offer finance when, for example, the product goes
into preproduction. As then there is stock that can be offered as
security against the credit.”
Kidswatcher chose Symbid was no accident. Recter: “Symbid is the
only platform in the Netherlands where investors become shareholders
via a cooperative. Additionally, the investor’s money is, via the
financial partner, InterSolve, under the supervision of the
Autoriteit Financiële Markten (Netherlands Authority for the
Financial Markets) and De Nederlandse Bank.” The investors be
assured of open and transparent communication. Transparency
is a must, according to
Recter, for everyone who wants to raise capital via crowdfunding.
“It’s vital to be open, and create clarity about what you do and
do not do. Sometimes we also call on our investors. For example, we
are currently exploring the South
are calling on the network of our investors there.
Crowdfunding is a journey on which investors and entrepreneur travel
projections point to crowdfunding's success for both the company and
the investors. The company
currently has a valuation of EUR 1.4 million, but expects to increase
this number to EUR 2.5 million. The investors who funded the company
via Crowdfunding accout for 13% of the company’s ownership.