Startups: Millions and Cryptocurrency – BlockchainerzReport
Please briefly explain why you feel this question should be reported .
Startups are the very foundations which keep the economies at large ticking. Hedging process for capital outgrowth for the new age ideas is the quintessential backdrop of growth platforms. This, in turn, creates a potential growth benefit for the companies and population it caters to.
So why do we think that cryptocurrency is a viable solution for funding?
Startups are the mostly innovation-driven companies who are driven to make it in the big leagues for them to survive and the ideas to remain applicable driven over a tenure. Therefore they need to grow big and stay big in quick succession. To do this, investors are key to the spending power who share the innovation to dive it and believe in it. Angel investors or Venture capitalists are the buzzwords for them who provide and drive them in a value of equity or profitable returns, with strict guidelines and policies driving companies forward.
Secure funding alternatives with investors and capital growth are an immeasurably difficult combination to work out in tandem, with all the geographical competitiveness whilst going by the law. Finding an approach path is the important factor for startup growth. With the presence of blockchain alternatives like Ethereum, they can earn and raise capital in the form of Initial Coin Offerings.
Unregulated method for funds is raised with cryptocurrency venture. In an ICO campaign, a percentage of currency is sold to early project bankers in exchange for off the grid currencies like Bitcoin. This method of trading digital tokens for fund growth is the very basics of how the entire system works in favor without any government regulation or shareholder pressure hinting to company control for core members.
This process enables the founder members to have majority control of the startup and not deviate from the investor thoughts and processes. This negates the prospect of not having to dissolve companies due to turmoil and misaligned objectives.
Escaping Regulation is key to create a technical backdrop to organizational benefit and Initial Coin Offerings brought by cryptocurrency collecting arbitrary amounts of monetary benefits from anyone on the Internet, cryptocurrency wallet is thus the hedge they need to move forward. Psuedo-anonymity with tech like Ethereum provide decentralized blockchain preventing inhibiting activity.
Without needing to meet aggressive expansion requirements, ICO brings freedom to common people with the opportunity to invest in private companies.
Thus Startups no longer have to navigate to a technology hub in order to secure funding. Crowdfunding platforms like Kickstarter and Indiegogo have paved the way forward with evident positives and negatives with risk-taking and baring also security breaches involved.
ICO features of crowdfunding, for example, enables investors in India to invest in revolutionary fishing techniques and growth opportunities in Indonesia and Africa with no bound and binding from the respective governments.