FIVE WAYS CRYPTOCURRENCY CAN HELP ENTREPRENEURS IN 2018

Cryptocurrency has revolutionized the way we transact value, invest our saving and raise our capital with its decentralized digital cash system.

Following are the points which are immensely beneficial to us:

Raising Capital: Cryptocurrencies has disrupted the way early-stage companies raise capital. With initial coin offerings, startup around the world can raise money quickly and cheaply from a wide pool of global investor. In this shares are issued as token and traceable almost immediately which brings a large amount of liquidity to the company and this new approach of raising capital changed the world and enabled the best technical talents to build their companies at high speed.

Transacting Value: Cryptocurrencies enables us to transact value from person to person without any central authority. It provides a cheaper, faster and more efficient alternative to transfer payment. So the startup doesn’t have to go through the long process of setting up a business bank account to receive and distribute payment.

Investing For The Future: It can be a lifetime opportunity. Never before in history have retail investor had an investment access to big companies. Earlier only capital fund and private investor held control over access to investment in world best technical talent but now with cryptocurrency, anyone can invest in it.

Developing On Blockchain: Blockchain offer a powerful infrastructure for companies to run their technology and create the new business model in a trusted way without a centralized authority. Ethereum platform allows a user to build blockchain application quickly and for free. It is a technology which is cost effective and provides a suitable way of building a decentralized application that can scale to a global population.

Joining The Blockchain Community: Blockchain community offer access to some of the world best entrepreneur, who is pretty much active on the blockchain. Social media seems promising in building communities of decentralized blockchain investor who can communicate with each other on daily basis.

Many large investments which take pretty much time traditionally now coordinated within minutes. Blockchain community offers strong sense of purpose with all members committed to the advancement of blockchain technology to global adoption. Cryptocurrency provides a platform for Entrepreneurs to raise capital quickly and cheaply.

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