Initial Coin Offering Is The Best Mean To Raise Quick Fund By Crowdfunding}

Initial Coin Offering is The Best Mean To Raise Quick Fund By Crowdfunding

by

PURNA SAHU

Crypto currency market is is growing faster and the price value of major coins like Bitcoin, Ethereum, Litecoin, Dash,IOTA increasing day to day. As currency is not from any country but the all over world, people using this virtual currency to trade with real goods and services. Crypto currency is created and running by certain community and those community user also growing day to day.

The concept or technology of satoshi namokato is really remarkable and it got attention of most of the people over world who are ready to adopt new technology. Satoshi Namokato is now on forbase magazine fot his contribution of bitcoin towards the society. Such economy that is growing in nature. But now it is creating headache for most government. Crypto currency transaction is not openly available but who is the owner of that address is not known to anyone. Blockchain records all transactions but no owner name is associated with crypto currency address which make it untraceable. However, even government worried about it’s growth but people adopting it more and more.

New startup business is now found Initial Coin Offering (ICO) instead of IPO to fund raise through crowd funding, which makes faster huge fund collection for a startup business. Currently most of the startup wish to use blockchain. There are much more ICOs in current market, which really making confuse to investors where and how to invest on ICO. There are lot of scam also in the market which are stealing money from investors, so investing ICO is riskful job.

People prefer ICO Rating and Reviews site to get information about an ICO and which reduce the chance of scam and money laundering. Some government also started monitoring ICOs and investment of the investors and it is required to create a law which will regulate these investment and it will be possible only all country unitedly form a law over it.

Instead of ICO, Ethereum platform allow users to create token, where token can do more than ICO. It is not easy and also not hard to create token on ethereum platform. But as cryptokitties game causing the whole ethereum transaction late, it may be a limit signal for the platform. Normally ethereum transaction confirmed within 2 minutes but now it is taking too longer even some transaction from days before are not confirmed yet.

There is lot of rummer about ethereum network, if only one game causing the whole network to slow down the process then if more than one will be there then how ethereum platform will handle the transaction. In this mean while another crypto currency named as IOTA raising it’s face and it overcome the position from 10to 4. The advantage of IOTA is, it doesn’t have any transaction fee and each transactions are equally treat by network. The supply of IOTA is limited and the total supply is already in circulation so there will be no more IOTA, created in future. IOTA is the combination od blockchain and tangle which makes it more different from other cryptos.

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Article Source:

eArticlesOnline.com

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