Cryptocurrency

Startups: Millions and Cryptocurrency

Startups are the foundations that keep economies growing. The protection process for raising capital for new age ideas are the essential background of growth platforms. This in turn creates a potential growth benefit for the companies and the population it serves.

So why do we think cryptocurrency is a viable financing solution?

Startups are primarily innovation driven companies that are driven to make it to the big leagues so that they can survive and ideas remain viable driven over a tenure. Therefore, they must grow big and stay big in turn. To do this, investors are key with the spending power that shares the innovation to absorb it and believe in it. Angel investors or venture capitalists are the buzzwords for them who provide and direct them in token of capital or profits, with strict guidelines and policies that push companies forward.

Safe alternative financing with investors and raising capital is an extremely difficult combination to develop together, with all the geographical competition, while the law applies. Finding an approach is the important factor for startup growth. With the presence of blockchain alternatives like Ethereum, they can earn and raise capital in the form of Initial Coin Offerings.

The unregulated method for raising funds with cryptocurrency ventures. In an ICO campaign, a percentage of the coin is sold to the project’s early bankers in exchange for off chain coins like Bitcoin. This method of trading digital tokens to raise funds is the basis of how the entire system works in favor without any government regulation or shareholder pressure hinting at the company’s control of key members.

This process allows the founding members to have majority control of the startup and not deviate from the investor’s thoughts and processes. This negates the possibility of not disbanding the companies due to the power plant and the wrong objectives.

Escape from regulation is the key to creating a technical background for organizational profit and Initial Coin Offerings brought about by cryptocurrencies that collect arbitrary amounts of monetary benefits from anyone on the Internet، the cryptocurrency wallet is thus the protection they need to move forward. Pseudo-anonymity with technologies like Ethereum ensures decentralized blockchains by preventing hacking activity.

Without having to meet aggressive expansion requirements, ICOs bring freedom to ordinary people with the opportunity to invest in private companies.

Thus Startups do not have to navigate to a technology center to secure funding. Crowdfunding platforms like Kickstarter and Indiegogo have paved the way forward with obvious positives and negatives with risk-taking and highlighting the security breaches involved.

For example, ICO’s crowdfunding features enable investors in India to invest in revolutionary fishing techniques and growth opportunities in Indonesia and Africa, without any restriction or obligation from the respective government.

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