For the last few years Initial coin offering has made for profit to investors not less than losses. So happens to all new phenomena – at first it is necessary to win against all problems which are connected with them. The DAOX project is ready to be engaged in it is the decentralized platform which will provide to cryptoinvestors much safer conditions and to projects a possibility of more smooth carrying out ICO without suspicions of fraud. What we will begin!
Investment into cryptocurrency was hard occupation even from the very beginning of existence of this phenomenon. Of course similar the world didn't see before anything yet, and only the most brave afforded small investments into "digital gold" which have made serious profit subsequently.
In the cryptoworld all is confused for the new person but is clear and transparent for skilled. Anyway but these currencies were created to be closer to people and to considerably facilitate him life. But hasn't passed also four years from the moment of release of the first bitcoins as a blockchain the technology has allowed to start ICO. By the way at last we had had a chance to tell about the nature of a krudseyl of tokens within the review of the DAOX project problems of this sector he is called to solve. Therefore now about I am mute.
Almost like sale of shares
If you read this article that most likely you are already familiar with the concept ICO. Nevertheless, very few people understand the nature of this process and what problems with him are connected. But very many people understand that tokens in ICO very much remind securities of the enterprise – an action, correctly? Not always.
In general even the term has been created by analogy with the IPO – initial public offering which you perhaps don't face but very easily you will understand what is it: the company decides to place the shares on public stock exchange pursuing the aims clear to any person:
- We – are popular! And to declare it each other to the company expose the actions at the exchange. Honestly when you expose actions at the exchange – learn about you so you receive …
- It is more than potential investors. For anybody not a secret that people who have an opportunity to invest much less in someone's business than those who has such desire. Having placed shares on the exchange you give the chance to investors small and mediocre to participate in your business and it means that you will collect the necessary sum much quicker.
Approximately the companies when carry out sales of digital coins – financing for the projects want to receive the same. Here it is only not absolutely sale of shares as can seem to "dinosaur" of the stock market:
- Tokens – not always grant the right for distribution of profit. Even school students know that shareholders receive dividends. In cryptoinvestment very seldom tokenkholder any of projects acquire such right though such cases happen too. Instead the main rate the investor does on development of the project wide use of a coin and as result growth of its price.
- There is no legal regulation. A stumbling block which the managements of the majority of the developed countries try to smooth. At what the lack of the law which would regulate such operations sometimes leads up to the point of absurdity: the authorities of South Korea where ICO is completely forbidden by the law from time to time declare from need of carrying out such operations for advance of technologies of a blockchain. As they say positive dynamics is observed. Nevertheless it creates an opportunity for less controlled activity that leads that …
- Among ICO there is a lot of fraud. It was necessary and to forget how many we wouldn't protect transparency and stability of the cryptoworld to us that how many kraudseyl were frankly roguish. And though the sensible person at whom in the eyes several ICO has already passed almost instantly learns to "ska" it forces belongs to this type of fund raising is very prejudiced for own financial safety.
The passion is higher. Looking at the modern market of cryptocurrencies it doesn't seem any more that it is waited by some serious changes. The price for the main currencies is already established and such big jumps won't be any more. However new currencies are still volatile and can grow and drop by hundred and more percent per day. Therefore ICO attract the most hazardous players. By the way in the last several years there was their migration from stock exchanges in cryptocurrency.
All these characteristics do ICO by very interesting and special phenomenon which attracts and frightens off at the same time. What does DAOX? Removes superfluous.
Construct everything together with DAOX
Look back to the environment – in it so many experts in cryptocurrencies and investment into them that it seems it is possible to create the крудсейл coins him. But as practice shows to tell — simpler than to make.
Actually to create worthy ICO for the project quite not easy, it demands the mass of knowledge in computer and economic spheres. Besides creation of tokens is the simplest part – most of programmers will be able to write a cryptocurrency code for a small period. It is the most difficult to force people to believe that your project not the next soap bubble creators of which using anonymity of a blockchain plan to disappear even before completion of sales.
The DAOX platform which will be started very soon can just help with it. The team of the project creates an ecosystem in which developers of various products without effort will be able to begin ICO. But such opportunity — a payment for what is selected by the platform. The possibility of fraud from projects is excluded.
ICO only for cryptocurrency projects? Up to this point everything was quite so. There are even some startups looking at which you ask a question: "Why you friends needed a blokcheynization?". And the most obvious motive is a possibility of carrying out ICO which enjoy wide popularity now.
But together with DAOX even the usual projects which aren't providing further work with kritovalyuty are able to afford carrying out such form of crowd funding. First, thus it is possible to take wider audience and secondly to guarantee to investors safety of their payments.
So far we haven't disclosed all details which concern work of the platform but you already know for what DAOX is necessary. Therefore it will be interesting to you to learn about him more in our second part of the review.
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