Crowdfunding in cryptocurrency. The perfect way to attract investments
The dynamic development of the payment services market and technologies implies rapid changes in the entire financial sector as a whole. Recently, information on the crypto industry and the search for new investment opportunities has been in high demand. And judging by our team's experience, MLM is a favorable ground for launching crowdfunding campaigns and implementing crypto chips.
What is the crypto industry
Not long ago, the topic of cryptocurrencies interested only a few enthusiasts, but today almost everyone is talking about it. The crypto industry is the technology of a new world, which will take quite a lot of time to study. But it's worth it.
First of all, let's understand what cryptocurrency is:
Cryptocurrency - a type of digital currency based on cryptographic methods. The main advantage of this payment instrument has become decentralization.
Operations with cryptocurrencies, for the most part, are completely transparent (although there are also anonymous cryptocurrencies) and all transactions are directly linked to the blockchain. It is the alternative capabilities of the blockchain that have attracted the attention of businessmen and the scientific community.
Blockchain (distributed ledger technology) - is a chain of data that proves that certain actions in the network occurred in a specified order. This technology is protected from any changes being made to the chain of transactions.
Exchanging money, stocks, property, and other assets without intermediaries will be possible with a smart contract.
Smart contract - an algorithm that ensures automatic compliance with the contract terms by both parties without the involvement of third parties. It guarantees that payment will only occur after all conditions are met.
Modern technologies are capable of providing almost complete protection for entrepreneurs. Implementing the above-mentioned tools in network companies protects users from the leakage of personal information into unwanted hands and fraud. This way, people can focus on achieving results and increasing profits, rather than on ensuring the security of personal data and the safety of each individual transaction.
What is Crowdfunding
Often, the lack of finances to implement an idea becomes a stopping factor when starting a new business. Nowadays, crowdfunding platforms have become not only one of the best tools for raising funds but also an excellent PR method for aspiring entrepreneurs.
Crowdfunding - a method of collectively raising funds. This way, you can gather investments to bring an idea to life from scratch or support an existing social or commercial project. Anyone can finance a favorite idea and receive company-branded products (t-shirts, pens, etc.), pre-orders, or discounts on goods in return.
A quality presentation of a project on crowdfunding can help attract large investors and capture the public's attention to the idea.
There are very few Russian-speaking entrepreneurs in the international crowdfunding market. Presumably, beginners are scared off by the language barrier and the presence of not always obvious nuances related to fund withdrawal and the official registration of a company. Moreover, residents of the former USSR countries did not appreciate the phenomenon of crowdfunding, although they could have supported the initiatives of their compatriots.
Attracting Investments in Cryptocurrency
An excellent solution for businessmen keeping up with the times is to attract new investments in cryptocurrency.
ICO (Initial Coin Offering or crowdsale) is a relatively new form of attracting investments by selling a fixed amount of new cryptocurrency units.
Simply put, ICO is cryptocurrency crowdfunding. The main goal of the initiator of such a cryptocurrency crowdfunding campaign is to sell a sufficient amount of tokens for the development of their project.
Buyers, in the future, will be able to use the startup tokens when using services, goods, or services provided by the ICO project initiator. Also, in the event of project success, an investor will be able to receive dividends or profit from token sales.
How to Tokenize MLM Investments
Given the complexity and diversity of the cryptocurrency industry, it is better to involve professionals in implementing new technologies into company business processes. For the successful implementation of such a venture, an expert approach and practical experience in both network marketing and the cryptocurrency industry are important.
The FlawlessMLM team already has experience in implementing cryptocurrency crowdfunding functionality for MLM projects. We have developed a special script that can be easily integrated into your website. By importing this script into your workflows, you will be able to:
- bring more people together;
- build a structure;
- automate the investment collection process;
- collect investments in cryptocurrency.
Not only did the FlawlessMLM team develop a full-fledged blockchain platform DARS (project website: https://dars.one/), allowing to deploy and scale a decentralized MLM company.
During the development of DARS, we took into account those critical factors that network business leaders are so often concerned about. For DARS, the following characteristics are typical:
- high performance. The architecture of DARS ensures the ability to conduct millions of transactions per second. This is achieved through parallel processing and asynchronous communication.
- business conduct security. DARS will help implement smart contract capabilities and create an automated marketing plan of any configuration, with a guarantee of fulfilling its conditions.
- virtual hardware. The EOS engine on which DARS is based is considered one of the most modern and versatile. The technology used is based on the open standard WebAssembly - a binary format that allows for quick code execution in the browser.
- account hierarchy. The hierarchical account model embedded in DARS assumes that the main account can manage subaccounts by granting them various access rights: for writing, for sending specific transactions.
- proprietary cryptocurrency. We are talking about the internal platform coin - DARS. Its rate is tied to the current dollar rate, ensuring stability and investment protection. In addition to the main cryptocurrency, the DRS token is provided, which is involved in commission operations and tied to the system's hardware resources. Tokens are used to pay for any transactions and actions.
- earnings. By buying tokens, the user receives a bonus. To receive additional rewards, tokens can be leased. The amount of the regular bonus depends on the duration of token "freezing" in the account.
- protection. DARS uses an additional level of protection TaPoS - when data from the previous block is added to each transaction, the blockchain is re-verified.
If you have any questions regarding the integration of blockchain technology into your company's business processes, the team of FlawlessMLM will help you. Contact our manager in the website chat (flawlessmlm.com) and learn more about solutions for your business.
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