The digital ecosystem has been in a state of revolution for the past few years due to the rise of cryptocurrency. This is a form of decentralized currency, and the technology involved can also be used for the dissemination and decentralization of information. Numerous platforms have come forth presenting revolutionary forms of cryptocurrency. Before the start of a crypto-campaign, you need to raise some funds for your project. In modern times, the best way of raising funds is through crowd funding. This means projecting your idea to the people and waiting for them to promote it financially.
In the world of cryptocurrency, the way of raising money is through an ICO, or Initial Coin Offering. It is a way of inviting the public to join your company by purchasing coins. The subscribers of the ICO get benefits of being part of the company by having possession of some of the company’s cryptocurrency. Most companies conduct the ICO themselves. Doing so will distract the company founders from their projects as they now have to focus on raising money. The best way to get your funds and still focus on your project is to hire a company that can do the raising of the money for you.
What Is Tokenhub?
Tokenhub is one of the first companies to offer this service. They are in charge of the whole ICO and work on your behalf to raise all the funds that you require. They deliver a turnkey solution that will manage all the aspects of the ICO for you. This will save you precious time that you could have spent performing the duties of the ICO. You can then focus all your energies on making your company as perfect as possible.
Why They Are Needed
ICOs are difficult because:
- There is little understanding of the ICO process
- There is no preset standards for disclosure
- There are not many service providers in the market that perform ICOs
- Increasing the awareness of your product can be a big challenge.
- There are few exchanges that support these tokens
- There are a few sites that provide trading sites.
- Registering your site on the digital exchange platforms could be quite difficult.
This is where Tokenhub comes in.
Tokenhub will do the following:
- It will develop your own personalized smart contract tokens.
- The company will also ensure that your contracts and transactions are all legal.
- The company will do all the advertising and marketing for your ICO. It will raise a lot of positive public relations for your company.
- The company will also do all the fundraising that your company needs on your behalf.
- They also dish out all the tokes that you require on your behalf.
- They will also develop for you your own personalized wallet. This is where all your transactions will take place. It will hold all your tokens as well as transfer them to your potential clients.
- The company will also list your company on a digital asset exchange.
The company makes use of their resources and knowledge to bridge the gap between investment and crowd funding. They do so by making use of the blockchain technology. This is the principle on which all ICOs are based. They all are based on the principle of issuing of their tokens by making the use of smart contracts. Each token issued has a special feature to it ranging from voting to dividends.
By alleviating you of the burden of raising funds, the company will aid you to focus on making your company as good as possible. The turnkey model that the company renders to the consumers guarantees that the consumer will get minimal risks. Also, they give you easy access to the trading community which your business definitely requires. The buyer will get high levels of security from the same.
The company is still relatively new and has little publicity, so it could be hard for them to generate publicity for you.
There is definitely a place in the cryptocurrency market for a platform that facilitates all the activities of the ICOs. Tokenhub is definitely needed in the cryptocurrency market.