The Erndo offering is now closed and is no longer accepting investments.

Erndo

Small Business Blockchain Powered by AI

Regulation Crowdfunding
Ashland, OR
Business to Business
Accepting International Investment
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The paradigm shift in local market engagement to convert customers into local influencers.

Invest in Erndo

Erndo is a small business ecosystem built on blockchain technology and AI, designed to help small businesses thrive in an increasingly hostile economic environment. Erndo uses the latest technology, trends, and insights to form an automated platform for small businesses that engages their best customers...locals.


For the first time in recorded US history, entrepreneurship is on the decline. In the last decade, each year has seen small and medium businesses close at alarming rates and new businesses aren’t filling in the gaps. This is particularly alarming because the population of the US has increased by 47.3% yet new business startups annually have dropped by half.


Put simply, small businesses are dying faster than they’re being created. Small and medium businesses (SMBs) face mounting challenges as they try to compete in the information age against major corporations and marketing giants who can pump enormous resources into exploiting the latest fad and purchasing mindshare.  

In today’s world of massive data gathering and demographically targeted marketing, many small businesses simply have no access to the tools, knowledge, or marketing capital to compete with large companies, whose data access and customer insights are increasingly gobbling consumer attention.


Technology is supposed to be the great equalizer, yet the time, staff, and knowledge requirements tilt the balance in the favor of huge corporations and leave many small businesses struggling to stay afloat amidst the technological boom.


Additionally, very little of the technology that we currently use on a day to day basis does anything to bring people together in a meaningful way. Not on a personal level, not on a local level, and certainly not with their local business community.

As a result, our communities are fragmented. Small businesses no longer develop meaningful, lasting relationships with local customers and their attempts to do so are typically very costly, and rarely work because business owners don’t have the time to keep abreast of the latest technology and trends, nor can they handle the added workload.


At Erndo we want to put the power back in the hands of local businesses, local consumers, the local community itself. We want to level the playing field, reversing our descent into a dystopian future where local voices are drowned out by the cacophony of mega-corporate marketing and influence. We want to live in a world where diversity at the local level is celebrated, where the local businesses are a reflection of the unique personality of the local community as opposed to just being a megaphone for soulless, mega-corporate branding.


Our platform, built on blockchain technology, utilizes AI and analytics to enable a touchless platform that automatically generates customer traffic while incentivizing consumers to become local influencers. Without any specialized knowhow or substantial effort on the part of business owners, our platform stimulates customers to support local businesses not only through their purchasing habits but also through their voice.

Our currency token is generated by the consumer’s own actions, rewarding them for economically relevant behavior, from showing increased loyalty, to exploring new businesses, to providing useful insights in the form of opinions, influential behavior, and simply shopping as they normally would. This currency can be spent at local businesses for real goods and services by consumers and is used by business owners to leverage consumer insights and increase their mindshare and footfall.


At one time, small businesses were the lifeblood of the nation's overall economy. It is because of them that some of the largest corporations exist -- and thrive-- today. Yet SMBs currently fail at an alarming rate, with nearly two-thirds failing in the first five years alone.


Our mission is to reshape the small business landscape and to give back the influence to local communities with our AI-powered market engagement ecosystem.  By streamlining the “mining” of cryptocurrency and gamifying the shopping experience, Erndo has the power to revolutionize customer activity for SMBs on a massive scale.


With your investment, you will be revitalizing local communities and the small businesses that give them livelihood and personality.


We believe that small businesses are vitally important to our economy, representing nearly two-thirds of all new job creation and half of the overall US economy, so we invite you to refresh local economies and rebuild the flourishing, neighborly communities that America was once known for. So let's roll up our sleeves and get to work on turning hope into reality.

The Offering


InvestmentConvertible Promissory Notes and Violet Tokens


Note converts to Class B Common Stock when the company raises $2,000,000 in a qualified equity financing

Maturity Date: April 20, 2020 

$40,000,000 Valuation Cap  |   0% Discount Rate  | 5% Annual Interest Rate


What is a Convertible Note?

A convertible note offers you the right to receive shares of Class B Common Stock in Erndo, Inc.. The number of shares you will receive in the future will be determined at the next equity round in which the Company raises at least $2,000,000 in qualified equity financing.  The highest conversion price per share is set based on a $40,000,000 Valuation Cap or if less, then you will receive the price at which the new investors are purchasing. You also receive 5% interest per year added to your investment. When the maturity date is reached, if the note has not converted, then you are entitled to either receive your investment and interest back from the company or convert into equity.


Perks*

Violet Tokens (the "Tokens")


The Offering includes $1 worth of Violet Tokens for every $1 invested at the price set in the future token generation event.  In addition, the following bonuses will apply:


  • $500+ – VIP Access to 2019 Token Pre-Sale.
  • $1,000+ - VIP Access to 2019 Token Pre-Sale  -AND- a 5% Bonus on Perk Tokens up to the dollar amount of initial investment.
  • $2,500+ -  VIP Access to 2019 Token Pre-Sale PLUS a 10% Bonus on Perk Tokens up to the dollar amount of initial investment.
  • $5,000+ – VIP Access to 2019 Token Pre-Sale PLUS a 15% Bonus on Perk Tokens up to the dollar amount of initial investment.
  • $10,000+ – VIP Access to 2019 Token Pre-Sale PLUS a 25% Bonus on Perk Tokens up to the dollar amount of initial investment.

Additional bonuses available on an individual basis for investments exceeding these amounts. Please contact the Erndo team at contactus@erndo.com for further information.


Description:  The token that investors will receive as a perk will be called, tentatively, “Violet Tokens”. Violet Tokens will be tradable for other tokens utilized in the Erndo Marketplace, such as Dough, including future tokens that are developed. Violet Tokens thus confer a unique advantage to the holder in that they can be exchanged for various types of tokens used in the Erndo ecosystem, including tokens that can be spent just like cash (C tokens) at any business in the Erndo network. 


The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.


*All perks will be delivered after the campaign is completed, and upon availability of the Tokens.  See Offering Summary below for additional terms.


We believe in a future where small businesses and local economies can thrive by effortlessly deploying a level of marketing and customer engagement sophistication that enables them to successfully compete with Fortune 500 companies; and where customers can enjoy even greater rewards for loyalty to those local businesses that they enjoy supporting.

Small Businesses Need Help.

Erndo IS Their Competitive Advantage!

Small businesses are often started with people who have a passion for what they do. Yet when a large corporation comes to town, whether it be your Target, Starbucks, or McDonald's, small businesses are often left with fewer customers and added stress. Why? Why do so many opt to pass up their local, curated coffee shop for commercial coffee, or the corner burger joint for commercial burgers?


We believe the answer is fairly simple: Money and Data. In the age of smartphones and social media, small businesses simply do not have the marketing capital and data that enables them to survive against the onslaught of marketing and data gathering that big corporations use to influence consumer behavior.


Erndo sees this as a growing national problem that is only getting worse.


The Erndo Suite gives power back to local businesses in a way that has never been done before, by creating an automated, AI-powered technology that is “push button” easy to use we can activate a hidden weapon on behalf of small business: their own customers who are eager to see them thrive.

 

People want to support local, almost any person you ask will tell you as much, they just happen to be incentivized by high dollar marketing to spend at big box stores and online retailers. Erndo aims to incentivize them to support small businesses and become local “heroes” who serve as local influencers for small business.


Unlike the majority of tokens, we are fully poised to deploy a blockchain-based platform with validated results that are infinitely scalable and self-perpetuating and, most importantly, at a REAL value to everyone using it.


Our token is already helping small businesses win over customers' hearts and minds through effortless, systematized, and automated engagement. Customers can buy a cup of coffee or a burger with our tokens and businesses use the tokens to reap the benefits of increased loyalty, intentional local influence, and business growth.


Why Blockchain is the Answer and How it Works

Erndo's state of the art, blockchain-based platform blends customer acquisition, loyalty incentivization, and insight monetization with automated market engagement for SMBs. It creates an integrated, interoperable, value-generation platform positioned to revitalize local businesses and restore a sense of local community.


Our automated local market engagement suite is powered by a unique token in the world of blockchain. Mining cryptocurrency and tokens has, until now, seemed relegated to the realm of MIT geniuses or people who have the funds and knowhow to build a processing node...esoteric concepts to most people. Cryptocurrency itself is nebulous to a majority of people, something to maybe purchase in case the value goes up, but with no real understanding of how it is generated or what to do with it.


Erndo breaks that paradigm.

Customers earn tokens by carrying out day to day activities, effectively “mining” those tokens when they make a purchase, write a review, act as an influencer, explore their local environs and a hundred other simple, easy ways to earn increasing rewards.


Businesses gain access to unique marketing opportunities, consumer insights, and AI driven customer engagement without having to do much more than lift a finger. Businesses receive real value from the token and see real growth on the bottom line.   


Although millennials are not the only generation using our platform, they will likely (at least in the beginning) represent the majority of customers. Millennials are one of the most activist-minded generations, valuing social change perhaps even more so than older generations. Erndo will harness the millennial mindset, empowering them to support local businesses in a more intimate way that creates meaningful relationships with one another as well as the businesses themselves.


Our tokens drive customers to action! By incentivizing loyalty and influence with the acquisition of the Erndo token and pairing it with the knowledge of doing social good, we have already seen local impact during our alpha test. We have successfully mobilized customers to revolutionize the small business landscape with our interoperable, currency-based ecosystem that is driving benefit for both businesses and their customers.

We Have Hundreds of Onboarded Businesses and Consumers

In just a few months of our live alpha (and in a rural area with non-ideal demographics) we achieved a record 100+ participating businesses and hundreds of more consumers. We believe that this is a sign that even rural and suburban communities are ready to take back control of their local economies, and that customers can proudly be pried away from the big-box stores.


We accomplished this feat with a bare-minimum product that had just a small fraction of the functionality and value we are capable of offering. With nothing more than a simple alpha, the minimum functionality itself proved valuable enough to business owners and the surrounding community that buzz and traction were rapidly generated.


With our MVP (minimum viable product), our intent was to execute successfully with only 20 businesses and 20 consumers. However, the demand was there and, of course, we didn't want to turn down our early adopters. After ensuring our financial aspects were squared away, we briefly opened the app to public signup.


What we found was nothing short of amazing. People and businesses were eager to encourage others to sign up for Erndo! There were even numerous incidents where one of the Erndo team was around town and overheard customers talking to business owners about “signing up for that Erndo platform.”


Our numbers rapidly skyrocketed to over 100 businesses and 500 consumers. We were forced to prevent further signups given that we were not scaled up enough to handle the influx of traffic.


The purpose of our MVP was to gain the data necessary to build out the next iteration of the product in an empirically informed manner, using real-world customer data and feedback. We have more than successfully executed on that goal and are now ready for rapid expansion.
Your investment will help us change the small business AND cryptocurrency landscape. Let's grow both together.

What the Market Is Saying 

Today, small businesses are in desperate need of management and marketing software that does not cost more than they can reasonably afford. Our blockchain-enabled SaaS platform is a pay-for-performance solution, one that's capable of facilitating relationships between consumers and small business and designed to grow the business without costing a dime out of pocket.


This presents a great market opportunity. The small business market is ⅔ of job creation in this country and, at over $5 trillion dollars, nearly half of the private, nonfarm GDP. SaaS and AI are needed at the local level, where automation doesn’t just maximize efficiency, it enables survival.  We can empower small businesses with the tools they need to compete with large enterprise and survive, and in fact, we can give them a secret weapon so they can flourish. (Source)

What Our Community is Saying

Easy to use, easy to integrate into our business, and staff training takes about 90 seconds. Customers using Erndo are always very happy.


Drew Gibbs, 

Owner

Alchemy Restaurant and Bar

We plan to use Erndo to expand when our new product comes to market. The data that will be available will be key to strategic growth.


Pete Baumann

President of Probe Golf

Erndo is like a cross between Bitcoin and actual cash. It’s super easy to earn, and I can actually spend it at local businesses!


Wally Flores

Consumer

I stumbled across this awesome local business because it was on my Erndo Hot List!


Erinn Agnes

Consumer

Erndo is revolutionary… for real! I mean, you earn rewards and get paid for supporting local businesses. How cool is that?


Nathe Suter 

Consumer

We've seen quite a few new customers become regulars as a result of Erndo. Very happy to have Erndo as part of our marketing and looking forward to using Erndo to promote some exciting new aspects to our business soon.


Dustin Way

Owner

Rogue Valley Roasting Co

More than Anything Else, We Are Driven By Purpose

At Erndo, we are driven, above all else, by purpose. While “Erndo is a SaaS-based, customer engagement ecosystem that uses tokens to mobilize customers as influencers for local commerce” describes what we do (even though it’s a mouthful!), we are even more than that.


Erndo is motivated by the unbreakable passion to put power back in the hands of small businesses and aspiring entrepreneurs. We want to empower local business, local consumers, and local communities. We want to level the playing field. We want to help small businesses succeed.


Erndo has been designed to put the transformative powers of blockchain technology in the hands of the little guy. One of the real secrets to our early success is that though Erndo is powered by blockchain, those who use it need not be knowledgeable about it. Erndo just works.

 

In this way, we believe that we're truly leveling the playing field for small businesses not just in the current market climate, but in the future market to come. We believe in a future where small businesses and local economies can thrive by effortlessly deploying a level of marketing and customer engagement sophistication that enables them to successfully compete with Fortune 500 companies; and where customers can enjoy even greater rewards for loyalty to those local businesses that they enjoy supporting.


Your investment will make the next iteration of our platform possible. Digital assets including but not limited to blockchain-based tokens will be used to incentivize valuable consumer activity in various forms, including but not limited to modified purchasing habits, influencer marketing, and data generation.


Erndo is poised to help small business owners reap the same benefits that corporations do, all while empowering customers to develop lasting relationships with businesses in their local communities.


When you invest in Erndo, you are making an impact that has the power to have a full-blown domino effect on the entire US economy, and even beyond.

Offering Summary

INVESTMENT

Convertible Promissory Notes

Note converts to Class B Common Stock when the company raises $2,000,000 in a qualified equity financing

Maturity Date: April 20, 2020

$40,000,000 Valuation Cap

0% Discount Rate

5% Annual Interest Rate *

*Annual Interest Rate subject to adjustment 10% bonus for StartEngine shareholders. See 10% Bonus below

Maximum ($1,070,000) of Convertible Promissory Notes

Minimum ($10,000) of Convertible Promissory Notes


Company

Erndo Inc.

 


Corporate Address

251 Little Falls Drive, Ashland, OR 19808

 


Description of Business

 Erndo is a SaaS-based, market engagement ecosystem that uses tokens to mobilize customers as influencers for local commerce. Using crypto rewards to create incentive, Erndo acts as a revolutionary customer activity optimizer for small- to medium-sized businesses.

 


Type of Security Offered

Convertible Promissory Notes and Violet Tokens

 

Minimum Investment Amount (per investor) 

$295

 

Perks*

The Offering includes $1 worth of Violet Tokens for every $1 invested, at the price per token set in the future token generation event.  In addition, the following bonuses will apply.

$500+ – VIP Access to 2019 Token Pre-Sale.

$1,000+ - VIP Access to 2019 Token Pre-Sale  -AND- a 5% Bonus on Perk Tokens up to the dollar amount of initial investment.

$2,500+ -  VIP Access to 2019 Token Pre-Sale PLUS a 10% Bonus on Perk Tokens up to the dollar amount of initial investment.

$5,000+ – VIP Access to 2019 Token Pre-Sale PLUS a 15% Bonus on Perk Tokens up to the dollar amount of initial investment.

$10,000+ – VIP Access to 2019 Token Pre-Sale PLUS a 25% Bonus on Perk Tokens up to the dollar amount of initial investment.

Additional bonuses available on an individual basis for investments exceeding these amounts. Please contact the Erndo team at contactus@erndo.com for further information.

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.


Terms of Tokens

Violet Tokens

Description:  

The token that investors will receive as a perk will be called, tentatively, “Violet Tokens”. Violet Tokens will be tradable for other tokens utilized in the Erndo Marketplace, such as Dough, including future tokens that are developed. Violet Tokens thus confer a unique advantage to the holder in that they can be exchanged for various types of tokens used in the Erndo ecosystem, including tokens that can be spent just like cash (C tokens) at any business in the Erndo network. 

Please see the section Additional Information below for further information.


  • Initial Blockchain: Ethereum
  • Migration to Alternative Blockchain:  Migration to Waves if needed
  • Expected Network Launch date: Q2 2019
  • Total amount of Tokens authorized for creation: 2,000,000
  • Amount of Tokens or Rights to Tokens already issued:  0
  • Will they be listed on Exchanges:  We plan on listing the tokens on exchanges.
    • if so, which: We plan on listing on the main altcoin exchanges, such as Binance.

Other Material Terms:

  • Voting Rights: None
  • Restrictions on Transfer: 1 year from closing of Offering
  • Dividends/Distributions: None
  • Redemption Rights: None
  • Other: May be exchanged for tokens at the holders choosing when new tokens are launched by Erndo Inc. 


Additional Information:


Purchasers of securities in this offering, Class B Common Shares through a convertible note, will also receive a quantity of tokens with a worth that is equal to or greater than the value of the investment amount in this offering, contingent upon the successful development of the Full Product. For example, a purchaser who invests $500 during the Offering will also receive a special perk of $500 worth of tokens if and when there is a future token implementation. An investor whose purchase amount exceeds certain thresholds will receive additional Bonus Perk Tokens at a rate defined above in the “Minimums and Perks” section. The tokens will be delivered after the official launch of the token implementation event at a time designated by the Board.

In addition to the information above the Violet Token will entail a permanent benefit to the individual that is currently holding the Violet Token in the form of an increased mining rate within the Erndo platform. This rate will increase with the number of Violet Tokens held by the individual. This bonus does not stay with the individual if they sell their Violet Tokens and will instead be transferred to the new owner of the Violet Tokens. Violet Tokens will also be tradable with other individuals for cryptocurrencies or fiat cash through token exchanges such as Binance or Coinbase.

Erndo has already successfully executed on an Minimum Viable Product (MVP) demonstrating critical proof-of-concept, with “Dough” being a virtual currency (C tokens) that is currently live and can be spent at any business in the Erndo network, and “Tokens” being a digital asset (S tokens) that is currently live which confers a benefit to the holder in the form of an increased “mining” rate for acquiring Dough.


Current Status and Immediate Plans

While Erndo does not currently have a blockchain-based token, Erndo has immediate plans to begin development post-funding in order to integrate blockchain-based tokens into the core functionality of the platform. In the current, live iteration of the Erndo platform (the “Alpha” or the “MVP”), digital assets (tokens that are not currently recorded on a blockchain ledger) in the form of virtual currency and “Tokens” are the core influencing mechanism used to incentivize consumers to carry out economically relevant activity, such as modified purchasing habits (e.g. spending more than normal, or patronizing a new business that one has never been to before).

In the next iteration of the platform (the “Full Product”), we intend to use digital assets including but not limited to blockchain-based tokens to incentivize valuable consumer activity in various forms including but not limited to modified purchasing habits, influencer marketing, and data generation. The delivery of the token bonus perks, VIP access, and bonus tokens are contingent upon the successful development of the Full Product. While Erndo has immediate plans to realize the development of the Full Product and has already assembled the core team members necessary to do so, we are unable to guarantee that successful development will ever occur. Refer to the “Risks and Uncertainties” section of our Offering Statement for further information.

 

Token Functionality

Tokens are an integral and central aspect of Erndo’s operation. Tokens are one of the main rewards used to incentivize consumer behavior. There are two planned types of tokens, one being called a “C token” and the other an “S token”. C tokens are spendable by users in the Erndo network in many ways including, but not limited to, purchasing goods and services from participating business or redeemed for special promotions such as gift certificates, coupons, or discounts. S tokens are used to increase a user’s associated status, which affects the rate at which they are capable of acquiring C tokens through actions that add value to the token economy (aka “mining”), such as through their purchasing habits.

“Mining” in the context of the Erndo ecosystem encompasses more than just blockchain transaction validation. Instead, “mining” in the Erndo context, which is how users are able to acquire tokens, is accomplished through various forms of activity which includes but is not limited to purchasing habits, influencer marketing, and data generation. As such, the Erndo platform rewards these miners with tokens each time they perform an activity that is economically beneficial to the Erndo ecosystem.  Both of these types of tokens may be tradable on a cryptocurrency or token trading market platform such as Binance or Coinbase.

Currently, our live Minimum Viable Product (MVP) is already operating on a successful execution of the above concept. “Dough” is a C Token that is currently in-use on the Erndo MVP, live and being used as a real currency in a real economy with nearly a hundred businesses and several hundred users. Dough is pegged to the U.S. dollar and can be spent like cash at any business in the Erndo network. “Tokens” are an S Token that is also currently in-use on the Erndo MVP, and they increase the rate at which a person “mines” and earns Dough.


Bonus on Perk Tokens and VIP Access

An extra bonus on tokens (i.e. Violet Tokens) will be conferred to purchasers whose investment amount exceeds the relevant minimum thresholds, contingent upon successful development of the Full Product. For example, an investor who invests $8000, which meets the Tier 4 bonus threshold, will receive 15% additional perk tokens, for a total perk token value of $8000*1.15 = $9200.

VIP Access to our 2019 Token Pre-Sale will be given to purchasers whose investment amount exceeds $500. This perk confers purchasing privileges, including discounts and access to private pre-sale offerings, on a future token sale event conducted by or in affiliation with Erndo.


The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.  The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  

Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the Securities and Violet Tokens, since they will trade independently.

Jurisdictions: No Investor who (i) resides, (ii) is located, (iii) has a place of business, or (iv) is conducting business (any of which makes the Investor a “Resident”) in the state of New York will be accepted in this offering.


The 10% Bonus for StartEngine Shareholders

Erndo, Inc. will offer a 10% bonus on the annual interest rate for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering if they invest within a 24-hour window of their campaign launch date.  For example, if invest in the first 24 hours, your annual interest rate will be 5.5% instead of 5%.   

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

Erndo Inc. will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$185.00 USD
$0.00 USD
Cash And Cash Equivalents
$185.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$0.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Tokenizing the World Summit

10 months ago

Happy Monday, everyone!

Erndo was present over the weekend at StartEngine's Tokenizing the World summit in Santa Monica, CA. Although attendance was relatively scarce, we met several interesting parties who may serve as promising partnerships for Erndo's imminent expansion.

As you may already know if you've been following us on social media, Erndo is also already in the process of building out the next version of our platform which we are incredibly excited about bringing to you.

Be sure to follow us on our Facebook page for regular updates!

-Erndo Team

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Erndo has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Erndo be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

App Development and Investor Roadshow

11 months ago

Happy fall season, everyone! We here at Erndo are busy as ever, currently developing the next version of our platform while also in the process of investor discussions. The following is a screen grab from the next version of the consumer app that we are currently working on building out. We are on track to launch the next version of our platform in the first half of 2019, so keep your eyes peeled! We're thrilled to be able to release it to you and bring small businesses and their customers our revolutionary AI-driven tool to drive local prosperity far and wide!



The Erndo team is also on the road to Los Angeles this month to meet with some private investment groups and attend the upcoming StartEngine summit! We also have exciting news from the angel investment realm in the Pacific Northwest that we will be sharing soon! 

As always, to keep up with the latest Erndo action, you can always follow us on Facebook at facebook.com/erndoapp.

Notice of Material Change in Offering

11 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Erndo offering. Here's an excerpt describing the specifics of the change:


Erndo has extended their offering for 60 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Check Out Erndo's New Video

about 1 year ago

Our latest video is out of production and ready to be viewed! The video outlines Erndo, the challenges small businesses face, how Erndo will disrupt the market to even the playing field for small businesses, and is packed full of testimonials from real consumers and business owners that are using our alpha product here in the Rogue Valley.



As always, to keep up to date with the latest Erndo developments follow us on our Facebook page at facebook.com/erndoapp

Campaign Extension

about 1 year ago

We have extended our campaign due to some exciting exposure and press releases we have scheduled throughout August and September. Keep in touch for the latest updates! We are also finishing up production of a high-quality video that presents the Erndo platform, the disruption we are causing, and the scalability of our product.



In addition, we have filed with StartEngine to start accepting Bitcoin as a payment method for investments. Once the filing has been approved, we will post an update letting you know when you can use your crypto to invest! Due to additional filings we made with the SEC, some individuals may receive e-mails to reconfirm their investment. This should only affect individuals who invested since June.

Additional updates will be posted here, but to see full coverage 24/7 be sure to follow our Facebook page at facebook.com/erndoapp

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Erndo offering. Here's an excerpt describing the specifics of the change:


Erndo has extended their campaign and updated their minimum purchase price.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Erndo has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Erndo be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Regarding the Disbursement

about 1 year ago

We’ve received inquiries from several individuals who have informed us that their credit cards were not billed, even though they tried to invest. StartEngine does not actually charge any investor until the funds are actually disbursed, which can be up to a few weeks after the investment. Erndo just requested our first disbursement, so charges should be showing up shortly and your investment will be marked complete instead of pending. 

If you are having any issues with StartEngine feel free to email us at contactus@erndo.com and we will contact StartEngine and resolve any issue you are having.

Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Erndo has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Erndo be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

International Interest

over 1 year ago

The Innostars event went great and we met some promising fellow entrepreneurs and several big contacts who are already interested in expanding Erndo to European and Asian markets. While Erndo is currently focused on U.S. markets, the global potential is already attracting international interest.

In addition, The Erndo team is presenting a public seminar on blockchain technology on Tuesday at a Southern Oregon regional meeting, and Erndo has also been selected to lead a lecture on AI and blockchain technology, their social impact, and future implications on Thursday for investors across Oregon and Northern California.

Pitching at Innostars

over 1 year ago

We got a surprise email not too long ago asking us to apply to pitch at the Innostars event in San Francisco, so we did and were accepted almost immediately. 

The CEO and few other members of the team are in the Bay Area right now getting ready to present!

We'll update everyone soon with a recap of the how the day went, so keep your eyes out for another update!


-Erndo Team

App Signups

over 1 year ago

We’ve received quite a few e-mails regarding when we'll open signups to the general public. The app was previously capped at 550 users due to our current alpha product not being designed for a large number of users. However, due to extraordinary demand, this cap was raised to 600. This limit was reached in only a few days in spite of the increase being unannounced as we wanted to ensure that the bulk of new accounts were reserved for local consumers in our alpha testing area.

As a reminder, new individuals attempting to create an account and use the app will be unable to do so as we are currently capping usage until the next version of the app is developed. In addition, critical functionality has been disabled for new accounts, which can lead to the inability to create an account, use the app, or utilize key functions. This will result in new users being unable to access core functions or potentially not even be able to run the app in order to limit app usage to our current alpha users. We have a very long wait list as-is and the extraordinary user growth in our alpha testing area of the Rogue Valley, Oregon, has been very promising and is further evidence of the rapid adoption we expect to achieve after the launch of the new version of the app later this year.

Currently, we are making tremendous headway towards securing funding as well as developing the next version of the platform. We expect to launch to the general public by the end of the year, so stay tuned!

We encourage you to check out our Facebook page to witness some of the ongoing action and excitement!

Stay tuned for more updates about the Erndo campaign and any additional increases to the user cap!

Coming Out of Stealth Mode

over 1 year ago

Since coming out of stealth mode two weeks ago, the action has been non-stop! See the Mail Tribune’s recent article at http://www.mailtribune.com/news/20180506/entrepreneurship where they interviewed our CEO Peter Jenson while we were filming our most recent set of upcoming videos!

We’ve also begun discussions with several different investment groups and are fortunate to have already found parties who are dedicated to the same values that ground the Erndo team. As we go forward, we will be partnered with those who will help us realize our mission of not only seizing this tremendous market opportunity, but also empowering small businesses and local communities at-large.

Stay tuned for more positive news regarding the Erndo campaign!

We're off to a tremendous start!

over 1 year ago

We at Erndo want to come out and thank everyone who’s invested so far for getting us off to an incredible start!


We had an amazing time at the StartEngine ICO 2.0 Summit (we just recently added footage of our on-stage pitch event to this page -- check it out!!) and have since been positively overwhelmed by the response! The passion that so many others have shown for what we’re doing has been incredible to see.


Although Erndo has already attracted far-ranging attention from the investment community, both local and abroad, we’re thrilled to have our StartEngine campaign live and running so that we also open this investment opportunity to investors of all stripes.


Erndo is about making tremendous opportunity available to all -- to small businesses, local communities, and the average person -- and we see this crowdfunding opportunity for the public as being congruent with that mission!


Stay tuned for ongoing updates about all of the Erndo excitement!


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