Initial Coin Offerings (ICOs) are the new popular way of acquiring funds to kickstart business projects. Here are all the advantages that come with launching your own ICO blockchain platform.

ICOs facilitate the exchange of crypto coins for fiat currency or other types of cryptocurrency. Several successful ICOs over the years has motivated entrepreneurs to embark on this crypto-route to fund their startup projects. Companies such as IOTA and Neo managed to raise capital of over $400,000 using Initial Coin Offerings.

The advantages that entails ICOs are aplenty. Some major perks of using ICOs over IPOs are that it

Incremental Value – Crypto coins can be traded up for higher value tokens. The value of the company’s token increases with the project’s success.
Privacy – Blockchain technology provides investors with anonymity which therefore boosts a safe market space.
No Intermediaries – ICOs eliminate the need for middle men or any other third parties to facilitate transactions.
Liquidity – ICOs offer high liquidity.
To develop an industry-standard blockchain, contact Infinite Block Tech, a leading enterprise blockchain solution and services provider that specializes in ICOs.

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