InoCoin (INO Token): Safe Crypto Investment Platform?
What Is InoCoin?
InoCoin is a decentralized crowdfunding platform that seeks to provide new and innovative blockchain and cryptocurrency projects with a way to acquire funding. InoCoin will create a pool made of funding applicants and select the best-suited applicant to receive the funding using objective criteria.
InoCoin will connect investors and innovators, and enable them to improve new or existing projects. Apart from funding, the InoCoin team that has extensive business and technical skills will share knowledge, guidance, and ideas with the blockchain projects that receive funding to ensure that the projects are successful, which is beneficial to the project, investors, as well as InoCoin.
How InoCoin Crypto Investment Platform Works
Once a project is listed on the InoCoin platform, the community will have the opportunity to vote for the projects that should receive funding using the “like” button. The projects will be detailed and contain information the potential investors will require to make a decision on the projects. Voting on the InoCoin platform occurs after every three months.
Alternatively, investors can fund the projects on an individual basis by clicking on the “boost” button. InoCoin does not have the maximum or minimum amount of funds that can be invested. There are also no restrictions on the knowledge, wealth or age of the investors, anyone can be an investor on InoCoin and benefit from the projects.
InoCoin is powered by the InoCoin token based on the ERC20 standard. The utility token acts as a universal payment tool for funding and investing in various blockchain projects. Additionally, the InoCoin is a cryptocurrency that provides users with access to the innovations developed by projects funded on the InoCoin crypto investment platform.
InoCoin Affiliated Projects
The InoCoin based projects include, InoPay—a universal payment instrument based on blockchain technology, Photo Ino—a revolutionary blockchain product for storing photos and Coffee Ino, which provides users with the ability to find nearby location that are part of the CoffeeIno network and offer users with free coffee.
The InoCoin platform can be accessed from its mobile application that is compatible with iOS, Android, Windows, and Linux operating systems. Through the mobile application, users can create their own wallets, submit their projects in order to receive funding or invest in their preferred blockchain startup. The mobile app will simplify the investment process for investors unlike the traditional banking system.
All the investment decisions on InoCoin are made by the InoCoin community, which decides on which blockchain project should be invested in. This prevents any individuals or entities from manipulating the system since all the power lies with the community.
There are no restrictions or strict requirements put in place regarding how the startup projects should be in order for them to apply for funding on InoCoin. InoCoin also enables investors of all sizes to participate on the platform. This makes it easy for all blockchain projects to acquire funding and investors to fund projects unlike traditional systems that have restricted investment opportunities.
The team behind InoCoin has extensive knowledge and experience in finance and how to develop functional business models. Using this knowledge, InoCoin has developed a progressive product that works and simultaneously helps the community grow.