Initial Coin Offering (ICO) being a fund raising mechanism in which new projects, they sell their underlying crypto tokens. ICOs however are a relatively new concept but have quickly become one of the dominant topics of discussion among the blockchain community.
Few quantity of crowd funded crypto currency is allocated to investor in the form of "tokens," in exchange for legal tender or any other cryptocurrency such as Bitcoin or Ethereum commonly. These tokens become functional units of currency if or when the ICO's funding goal is met or the project launches in the market. A consumer loyalty program is structured and a long-term marketing effort which provides incentives to repeat customers who demonstrate loyal buying behavior. Many such programs are designed to motivate customers in a business's target market to return often, make frequent purchases, and shun competitors.
Global Businesses are adapting to the crypto environment. They want their customers to have special privileges and ease of access during transaction. Owning a virtual or digital currency solves most of the hassle with regards to the cross border transaction and global financial guidelines.
At dJAX we offer quality consultation on Ethereum ERC20 based crypto token creation, Smooth running of the ICO, ICO consulting, ICO launch, Cryptocurrency integration, ICO compliance and all technology related services with regards to the crypto environment. Here are some platforms we operate for an ICO creation and crowsale.
Ethereum an open-source, public and a blockchain based distributed platform featuring smart contract functionality; Providing decentralized virtual machine, the Ethereum Virtual Machine (EVM).
Scripts could be executed on this virtual machine using an international network of public nodes. This enables blockchain developers to effectively build and deploy decentralized applications. Literally Decentralization is dispersion or distribution of functions and control away from a central governing entity. With the context of technology, decentralization is mostly similar. Cryptocurrency can be created on Ethereum platform as digital tokens and modify its rules around the offering. These tokens can represent any exchangeable good such as coins, loyalty points, in-game items, and much more.
We at dJAX also provide solutions and consultation on everything about cryptocurrency creation.
Here is some of the most compelling reason why businesses should integrate and adapt to the cryptocurrency.