INTRODUCTION
Blockchain and crowdfunding are two technologies that have transformed the universal economy. The blockchain technology transformed the economy from centralized to a financial economy that is decentralized thereby allowing more privacy transparency, security, and efficiency compared to the local system of finances.
Crowdfunding has helped in the total turn around of a small and promising idea to a mega business and projects through the provision of a simple way of getting fund to the set of people with great innovation but lack access to capital to finance their ideas.
To combine these two great techniques and bring businesses out of debt, restore business and also help in idea and innovation financing, iown was introduced.
LITTLE INSIGHT TO iOWN
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Iown is a medium which combines the merit of both the concept of crowdfunding and blockchain technique. This combination results in a strong platform with blockchain and crowdfunding as its principal basis of functionality so as to enhance the strong connection of investors to innovators.
It is the target of this medium to provide an avenue where people can adequately access capital for the execution of there trusted project and also invest in these profitable innovations and business.
In cases where project innovator does not really have sufficient knowledge, experience or time for that type of investment iown is Launched to help such innovator out by creating an avenue for investors and business owners to interact in the digital world thereby making it easy for them to get a fund for there investment.
PROBLEM THAT iOWN IS CREATED TO SOLVE
Its crystal clear that those people who own a particular business always find it difficult to expand it. This is caused by the limitation of their capital. Even those with initiatives in most case can not execute it due to the same capital issue.
Getting a bank loan to support their plans is always frustrating as there is a strict processing requirement before a loan can be gotten. Also, there are financial constraint and implication which in most cases prevent them from accessing the loans.
THE iOWN CONCEPT WHICH HELPED IT SUCCESS RECORD
The iown medium used two concepts to achieve their set goal and these concepts are;
iown Platform
This concept is a major concept and the place where business campaign and raising of fund takes place. The medium will be developed through a funding campaign which will be conducted globally through the purchase of token. The token held by all the participant is what will be used to enjoy the benefits of the platform.
The platform is involved in all aspect of business ranging from industrial, Energy, financial, and so onThe iOWN ECOSYSTEM
This concept helps to ensure the proper execution of activities carried out on the Iown platform. After users have selected their desired services, the iown Ecosystem helps in the digitalization and execution of the transaction. In short, this is the digital aspect of the medium.BENEFITS OF iOWN MEDIUM THAT MAKES IT MATCHLESS
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The services of iown give everyone the privilege to source for fund needed to begin their business or expand the one they are currently running.
There are quite numbers of investors globally who are ready to finance your business idea and help its improvement in iown medium.
Access to this fund are done very fast and extremely easy
The iown medium gives you the opportunity to display your products before countless numbers of investors
For how long have you been looking for how to materialize that your innovative idea so that it starts to generate income for you but lack of capital has hindered it? How many loan application have you submitted in the bank for financial assistant and how many did you still wish to submit? The only answer to all this problem is Iown as raising money for your business and innovation development is their joy.
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https://www.iowntoken.com/iOWN-whitepaper.pdf
writer: cryptoboss255