All blockchain technologies have adopted a system of offering a portion of the total cap of the token to investors through an initial coin offering. An initial coin offering is usually the first step to engage early adopters into the system by incentivizing. However, the DogData network has designed a different channel to propagate network popularity. The DogData initial exchange offer.
The Dogdata initial exchange offer will help the system to raise kickoff capital. However, any of the early adopters that will participate in the initial exchange offer should have a dog or know someone that does have one. Specifically, the initial exchange offer allows for the investors to have a glimpse of what the whole system is centered on. A comprehensive sales pitch is required to convince the investors.
The DogData IEO Objectives
Planning is important in achieving milestones. Therefore, the initial exchange offering of the DogData network is distributed into succinct objectives. This will help to guide the system in achieving its main goal.
Grow network awareness exponentially
For a system to grow, it is imperative for it to be known amongst its target community. The DogData initial exchange offer will target cryptocurrency enthusiasts that have dogs. They would be invited as investors. Also to the non-crypto community, DogData will offer incentives for people to promote DogData products and services.
Boost network contribution
Many members of the dog owners community need solutions to problems they paid less attention. DogData will highlight the aspects it intends to tackle and rewards registered users with incentives through the IEO.
Start the Etherbone Economy
The launch of the system native token is vital to the overall functionality of the DogData network. It will drive up DogData incentivizing and ecosystem activity.
Fund raisers
Another key objective in the DogData platform process is the fund raiser. It will help expand the product offering and boost market penetration.
Phase funding
DogData will fund the network through various rounds and reward investors consequently. Another round of funding could be raised through the Etherbone coin reserve in the crypto market.
Unlock Etherbone Coin Growth
The consequent system reward will be aligned to network activities to ensure an exponential growth in the usage of the system. This process will boost the price of the etherbone coin in the exchange market.
Conclusion
Since DogData offers all services through a blockchain technology, there’s a consequent native token that drives transactions within the system. However, if the token is not well distributed, it value on the exchange might be unattractive. Also without the token, prospective participants might not be able to fully assess the system’s products and services. Thus, an initial exchange offer.
The DogData initial exchange offer is distributed into well defined stage with clearly highlighted objectives. This aims at improve the network participation massively. The total coin allocation is well shared amongst the numerous network facet.
The initial exchange offer of the DogData platform is clearly a workable plan. And will grow adoption amongst dog owners and breeders.
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