Etherecash has been pitching blockchain based solutions to the public for quite some time. The advantages of Etherecash’s groundbreaking payment and lending services have exposed the platform’s market following to the added transparency, accessibility and competitiveness that blockchain brings to global finance. But articulating a vision and bringing it to fruition are two entirely different things. That’s why the Etherecash platform is proud to enter its ICO funding stage.
The Etherecash platform’s initial development has been entirely self-funded, from research and development right up to assembling a team of industry experts. Now, the Etherecash ICO will bring hundreds of independent investors on board, providing a fast tracked and efficient means of bringing Etherecash’s border and prejudice free financial services to the market as soon as possible. With recent data demonstrating the financial effectiveness of the ICO model, Etherecash’s early backers have every reason to be optimistic about the platform’s funding prospects. Here’s how it’ll work.
Initial Coin Offerings 101
An initial coin offering (ICO) refers to the sale of a company’s blockchain backed tokens to raise venture capital. In recent months, scores of tech startups have seized on the benefits of crowd funding with ICOs over traditional fundraising models.
As an ICO distributes company tokens in exchange for investors’ funds, each individual transaction is recorded on the blockchain. This lends the process a degree of transparency and security that’s significantly lacking in the world of traditional venture capital.
In addition to providing investors with full access to the financial records stored on the blockchain, ICOs also ensure that investors’ funds are kept secure by smart contracts. If a company fails to raise sufficient funds with its ICO, these smart contracts can automatically ensure that investors are refunded.
The failsafe provided by these smart contracts helps foster an environment of unprecedented trust between a company and its stakeholders. Perhaps the greatest benefit provided by ICOs is a significant reduction in the timescale of technological development. ICOs dramatically speed up the funding process, allowing companies to deliver their products much faster than traditional funding models typically allow. The Etherecash team believes that people have waited long enough for financial freedom, and an ICO ensures that they won’t be waiting much longer.
Value Begets Value
The funds raised from an ICO perform several invaluable functions. Besides providing the financial basis for scaling up operations, an ICO also distributes company tokens to the public. As a token’s user base increases, so does its market value. This network effect ensures that while an ICO rakes in investment, it’s also driving up demand for its token. This positive feedback loop serves to drive up the total value of the network, further facilitating a company’s ability to reinvest in the quality of its products and services.
Well-aware of these market trends, Etherecash will distribute 360 million tokens to early investors. The ICO distribution will provide a substantial foundation for the platform’s token while majorly improving its odds of rapid appreciation.
The Etherecash team is set to allocate the funds raised from its ICO towards achieving the platform’s road mapped development goals. With access to the Etherecash blockchain, investors can follow along in real time as the platform meets its fundraising milestones. To participate in this lucrative and democratic process yourself, get on board with the Etherecash ICO while it still lasts!
Really very happy to say,your post is very interesting to read.I never stop myself to say something about it.You’re doing a great job.Keep it up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit