Blockchain

No More Triple Pay Loop System For Scientific Publication

No More Triple Pay Loop System For Scientific Publication

Orvium to end the researcher injustice

There has been injustice among the researcher, and the source of such injustice is the triple pay loop system. This system is the current environment for any scientific publication that not only harms the research it also harms the science as a whole. This system makes every researcher lose their motivation and willingness to do more research and thus can hinder the progress of scientific advancement, this injustice system will make the society prefer the predatory or low-quality journal which the source and the ideas are questionable. These journals are made only to advance someone on their academic career, or in pursuit of a certain academic degree. The low-quality journal nowadays has plagued the internet and being used mostly by every student of the university.

The triple pay system simply comes like this. The government pay the researcher by a minimum fee, since they work on a voluntary basis, and thus make them lack in research motivation. Then the researcher will do a research on their respective field, and thus give it to the publisher for free. Then the publisher will sell it to the government, and the government sells it to the academic institution, which is likely to be read by the scientist who made the research. This not only insulting the researcher but also will make them underpaid since the researcher needs to share their money in an unfair amount to the government and the publisher. This is what makes the researcher lower their journal quality and thus making it cheaper.

But this indeed poses a long-term threat, where the research that has been conducted by any scientist and researcher will not be very informative and innovative. It will contain a less useful data which are not quiet impactful towards the society and thus giving them no solution regarding the current problem. This is truly ironic since the scientists are the vanguard of science to generate solution towards the societal problem. We need to cut off the root of the problem, and ending this vicious cycle. After an extensive research, we can find it easily that the main problem of this cycle is the researcher that is being discriminated and treated unfairly, whereas the publisher hog all the profit for themselves, and the government do little about the current situation.

The second problem that is haunting the researcher is the idea thievery. This is actually a dilemma for the entire researcher. In one side, they know once they publish their work online, they will be threatened by several issues such illegal download, an idea being stolen, and so on. This is what makes the researcher afraid of publishing their work online. But if they are not publishing their work online, therefore they work and their name will never be recognized and thus they will not gain a profit they need to continue their research.

Next problem is the length of the validation process. As we already know, the validation and assessment process is what makes the researcher discouraged to submit a new research. This validation process is the most important process for every researcher since they can finally license their research and therefore gain profit by selling it. But unfortunately, the researcher needs to take a good time waiting their research being reviewed by the peer reviewers.

For further information you can access several links below:

Website: https://orvium.io/

Twitter: https://twitter.com/orvium

Facebook: https://www.facebook.com/orvium.io

Those dire situations we have mentioned above can be tackled down by the emerging platform that could intermediate between the reader and the peer reviewers. This way, the peer reviewers could conduct the reviews immediately after the paper has been published. Doing the reviews is also rewarding in this platform, and therefore the peer reviewers will have a huge motivation in doing so. The researcher will also become motivated by doing more research since it is more rewarding and promising. This is the sole solution to disrupt the triple pas system that has been haunting the researcher for decades.

Introducing Orvium, A Solution For Every Researcher

To put it more briefly, we shall state several benefits that are obtainable once the researcher joins the environment of orvium.

  1. Zero delay publication

As we have stated before, the delay is what annoys the researcher. Since this platform is decentralized, meaning there will be no queue in the line, and the peer reviews can be conducted the moment the paper has been submitted to the system. This is indeed a huge difference between the conventional methods and the orvium platform. The decentralized models meaning that the paper and the peer reviews can be met inside the platform, without the intervention of the platform itself. This works similarly just like any social media you can see. You can chat whoever you want without asking permission to the platform.

  1. Authors are licensed

The license is also obtainable on this platform, as that is the most basic thing for every paper published by every publisher. Like any publisher, this platform will also gain a license and it is selectable whether it is a free license or the paid license. But either way, the author will be given a full copyright property once their paper has been licensed by the platform. The licensing process also not takes a long time, unlike any other private or governmental publisher. Through this license, the researcher can sell their paper and gain profit within or outside the orvium platform.

  1. Cost effective journals or paper

There are complaints about the cost of one journal that is too high, and therefore not liable for any student to obtain it. This is worrying since the student will now prefer the predatory and low-quality journal that has invaded the internet. The platform will reduce the cost of publishing the journal, and therefore the journal can be sold at a reasonable price. This way, both the researcher and the public will receive a great benefit. The public can purchase the journal in a relatively cheap way, and the researcher will have a larger income since the number of sales are rising, and their name will be known too.

  1. High tech security technology

One of the most feared things that ever haunts the researcher are the idea thievery or the illegal download. This obviously makes the researcher are severely discouraged by doing any more research since they know that their hard work is being illegally downloaded by the people, as they have spent so much money for their research, and they expect the payment to cover the research expense. If the researcher utilizes the orvium platform, then this situation will not happen since the orvium employs the blockchain technology which will protect the document from being stolen or illegally downloaded. The research paper will be able to be downloaded via an orvium token, or be purchased by any other currency.

Research Publication Current Market

The business of research publication is usually undermining since it is not a major business sector in the world. But, that is actually a false premise since the publishing business in the term of research is steadily growing, over 25 billion dollars annually. This is promising business, but yet it has been plagued by the downright features of triple pay loop system. Currently, there are 9 million active researchers in the world and are producing millions of researches annually. And as we know, that number will still grow by the growth of the researcher annually, and the demand for their research too.

That is understandable since the technological advancement, as well as the civilization advancement heavily, relies on the researcher. That is why this platform wants to give a reward for them, as they have actively engaged in the betterment of society as a whole. But unfortunately, there are several barriers that have been erected between the public and the research, such as:

  1. Scientific and social factors

This factor is the most common factors known to all researcher. This factor includes their idea being stolen, or their paper being illegally downloaded. They also fear their reputation as they try to approach an issue by the different angle. They also distrust common people knowledge, as they can’t comprehend what the researcher means, and that will render their research useless as the demand the more simple and practical use of their research.

  1. Technology

This is more likely to come from the demand of the industry since they demand more technology and ideas that are usually impracticable and unnecessary. They also demand that the researcher follows what the company wants, and therefore prohibiting them to make any innovation. In the less advanced countries, there are many brilliant scientists that are capable of producing a good research but lack of infrastructure; therefore, they need to postpone their research or to move to another developed country. The research paper are also scattered across the world, and disorganized, and therefore need to be integrated further.

  1. Policies

The policies that are imposed by the government or the private enterprise are often not suitable for the researcher. There is countless examples such the time-consuming peer review process, the licensing that is too costly, and so forth. The policies that government-imposed are usually too pragmatic, meaning they only want the research that has the usefulness of the practical situation, rather than a more idealistic approach.

Those issues are really hindering the research effort conducted by the researcher and therefore making the academic world more and more contaminated by the low-quality journal that is made with less effort and less money to spend. This is actually a threat to the long-term situation where humanity’s science will be gradually declining and hampering the civilization growth.

Fortunately, the market entry of orvium is ready to break those barriers by enhancing the system to be beneficial for both the researcher and the public. This system will be proved so prospective for the researcher and will encourage the researcher to do more research in the future.

As for the sales of this token, unfortunately, the website has not yet launched the exact date for the pre-sales. But as expected around this month, according to their grand plan, which is somewhere in the second and third quarter of the year. but we do know the exact amount of token that will be sold, which are around 379 million dollars’ worth. The hard cap of the sale will be around 20 million dollars cap, as the soft cap is not defined yet by the orvium. As for the distribution, of the token, only 60% token will be sold publicly, as the rest of them will be distributed to the advisor, team, and developer.

The token acquisition methods are various; one of the simplest methods is through purchase via dollars or any other currency. The only currency that is acceptable by the orvium is ETH, where one token worth around 0.10 dollars. This number will eventually rise after the pre-sales, and as the demands of this token arise, and the supply of token is not changed. If you do like investment, then it is better for you to join the pre-sales since this pre-sale will give you a certain sum of the bonus of token.

The second method of acquiring this token is to give the peer review. Giving any per review will reward you with the medium token, and therefore giving the reviews now are so rewarding and benefiting for the reviewer. As the token utility, you can use the token for purchasing any kind of paper that exist in the platform, or you can also exchange that token to obtain a more reliable source of exchange, such dollars.

This form of business is what gives the maximum benefit for the reviewer and the researcher. This environment also very proper for the business development, as the research will goes on and rewarded, rather than utilizing the current environment which is more complex and punishing for the researcher, and thus discourages the further research.

For further information, you can see the links below:

Telegram: https://t.me/orvium

Ann Thread: https://bitcointalk.org/index.php?topic=3535259.0

Whitepaper: https://orvium.docsend.com/view/nvr6ywj

 

Orvium Roadmap

 

 

Becoming Healthy And Gain Profit? Why Not?

Becoming Healthy And Gain Profit? Why Not?

Bolttcoin: a healthy life for every people

By the growing years, more people have been induced by the unhealthy lifestyle, where the food type which is mostly consumed is the fast food containing a lot of bad stuff in it. Or by the advancement of technology, more and more people spend less time outside their house since it is very easy to order everything by phone, and etc. this makes humanity under an imminent threat, which is the healthy tissue. People spend less time going out means that they will spend less time moving their own body, and that is fatal since it is a very simple exercise that human can do. If human does fail on that then we are indeed in a very serious threat.

In America for instance, the number of obesity cases are growing, and this is coherent by the rise of fast food consumption, the growth of fast food kiosk in all over America, and as well as the development and improvement of any technological device. This is dangerous for every human and should be put on concerns immediately. What we need to figure out is how we motivate people to do a simple exercise every day to make them healthy. This is problematic since the advancement of technology only will do exactly the opposite.  By using the technology, they can just get whatever they want via online without bothering going out and walk.

There are also several dangerous health issues that may arise from such lifestyle, such cancer or lung fail. Both diseases arise as the result of having an unhealthy lifestyle, where they mostly consume fast food with high cholesterol and oil which is obviously bad for health. Lung fail is resulted in too much cholesterol blocking the blood to flow to the lung, and thus lung suddenly stops working. Lung fail has a high chance to kill the host if it not treated properly. There is also diabetes which is deadly to any human. Diabetes also has a good chance of killing the host, and therefore must be prevented at all cost.

Fortunately, the growth of technology doesn’t always mean bad for you. This is more like a double-edged sword which also brings benefits for your health as well. As one of the examples is the rise of Bolttcoin. This platform will make your exercise way more fun and you can also gain reward by completing the challenges. For further information you can access several sites below:

Website: Bolttcoin.io

Facebook: https://www.facebook.com/bolttsports/

Twitter: https://twitter.com/bolttsports

Introducing Bolttcoin: A Healthy Lifestyle With Good Rewards!

Bolttcoin is a unique platform that will make your exercise rewarded. This is actually a good source of motivation to do sporting. What we understand is human need a good source of motivation in to do sports, such the threat of health issue, friends encouragement, and even financial reward. Bolttcoin will motivate the people to do their healthy endeavor by giving them the cryptocurrency namely the bolt token. Like any other token in cryptocurrency, this token is obviously can be traded for real money. in other words, doing some challenge and simple exercise or workout is rewarded by money in the ecosystem of bolt.

Bolttcoin emphasis their company on three pillars, which are the loyalty, gamification, and engagement. The loyalty is when the customer will never look for any other alternative to goods or services except what has been provided by one manufacturer or company. Gamification is simply a pop culture nowadays like giving quest, doing some task which they will be rewarded by a certain item or money in that game, whereas the engagement is a way of the company to actively engage every kind of activity or opinion that is circulating within the realm of customers. The bitcoin is actually superb in achieving those three.

The loyalty is given by a reward. This is the most obvious since it will make more and more customer happy under the treatment of a company. The reward is important since it will respect your customer since they have been using the service of your product in a long time and thus need to b rewarded. The same goes for Bolttcoin where this company will reward more when a certain person has been using their platform for a long time.

As for the gamification, actually, that is the core of Bolttcoin. As we can see, the Bolttcoin are circulated mainly on the challenges, quest, a task that is related to health. The challenges are often trivial such walk for certain meters, to a serious workout, gym-like quest. But as a quest, it certainly comes with rewards, and no other reward expected by any other people except the money. and that is what exactly the bolt coin will give it to you. Even though the money comes in the form of a boltt token, this is exchangeable with real currency.

The engagement is the main support system of the Bolttcoin. The Bolttcoin is filled with experts in fitness and healthy exercise. Our support system is always ready to give any support or advice concerning the behavior to maintain your health, or what kind of exercise that is best suited for you, how long should it take, and etc. you can ask away any question that is related to any health issue for free. It is like having a personal gym mentor, except it is you who are getting paid.

Why Bolttcoin?

There are several reasons why you should trust your exercise program with Bolttcoin, in this article we shall list several of them.

  1. Get Rewarded

As we already have stated before, doing some exercise for most people are hard without a proper motivation, and therefore Bolttcoin are here to fill the gaps of motivation to all people. Unlike any cryptocurrency that are mined through the computing capability, you can mine Bolttcoin by doing simple step such walking, exercising, doing work out and etc. you get healthy and get rewarded, that is the most effective motivation ever needed.

  1. Team of professional and expert

Bolttcoin are supported by the technology experts and health and lifestyle experts. You can consult or ask any kind of question that is related to their expertise. It is free and entertaining since you don’t have to make an appointment and go to their office. It is all done online via our platform, as they are available most of the time. Having experts means that our platform will be sustainable and solid for everyone to use.

  1. Market prospect

The token that is given as a reward has a good prospect too. It has a good value and price, the limited supply but a huge demand. It will means that the value of this token will be high and prospective for the future. You can gain money by simply walking and exercising, and that sum of money is good and very worth it.

  1. The stable ecosystem

There are a lot of features that are included in the Bolttcoin, for instance, the dual blockchain, the decentralized market and protected by a cutting-edge encryption technology. Unlike any other token that is usually employs only a blockchain, the Bolttcoin are employing the dual blockchain which will double the protection of the value of token, as well as the transaction of it.  It is also decentralized meaning that the transaction can be done everywhere by any device. It is also very secure and ensures your data protection and the value of the token itself.

  1. Widespread usage

As for today, more and more companies, business and people alike are ready to use Bolttcoin. This means that every reward that is given by the company can be used in any kind of transaction to any companies or retail that receives the token as the payment. If you can’t find it, you simply can exchange it to gain dollars which is also a very good choice. Investing in Bolttcoin is a good thing too, since you can become a healthy person and have many tokens for you.

How to gain the token step by step

In this section we will explain the procedures of using our product and mine the token for you. here are several summary of them.

  1. Download the boltcoin app

There are plenty of ways to download the app, you can use the apple store or the play store.

  1. Choose your preferred data source for fitness tracking

There are a lot of fitness app inside the play store or the apple store. You can choose them as your fitness tracking data source. This is important to gain the token via challenge and achieving personal health achievement.

  1. Complete the daily challenge

After you have chosen the source of fitness data, then you can start mining. It is simple, you just have to finish the daily challenge or quest that has been given by the platform. Usually it includes a simple walk, a simple exercise or workout. You can do this every day to mine the token periodically.

  1. Level up and earn more reward

Basically the users will be divided into 4 categories, which are has a different value of rewards. You can complete more challenge and quest to level up more in the platform, so you can earn more by going to the highest tier of level.

  1. Complete the sponsored challenge

Besides the challenge provided by the platform, there are also other challenge that is provided by the sponsors, such as the retails, the companies, or organizations that has established cooperation with Bolttcoin. They will give a challenge that is slightly different with the platform, since they has different aim and purpose. But mostly it will be the same challenge related to health and exercise.

  1. Deposit or spend the rewarded token

After completing various quest, then you can spend the token or simply deposit them. You can spend the token to the merchant or retails that has already been offered in the platform. They receive the token as the transaction currency. You can also conduct the transaction offline since you can exchange this token into dollar which has a good value, the choice is up to you. All transaction are protected by dual blockchain so you don’t have to worry about the security.

The Sales And The Roadmap

No matter how good a product is, they need a good sales and a good prospect. the supply of token, as stated in the whitepaper are whooping up to 500 millions token, which are distributed to several post, namely the founding team, the advisory board, the strategic partners, and etc. the 500 million tokens are also not entirely for sale, since it is just 34% of entire token that is produced. The private sales will be commenced on May 20, 2018. Or in 14 days, and will elapse at June 20.the sales period is a full month and the transaction can be conducted by any other cryptocurrency such BTC, ETH, ZEC, NEO, and etc. after the private sales end, it will be soon followed by the public sale which the date has not yet published.

There is also a long-term roadmap that has been established by the company. To be exact, there are 7 stages that need to be applied in the process, and it takes the time until July 2019. Mostly the stages consist of the expansion plan to embrace more and more offline retail shop, and to embrace any health insurance to receive the token discount for any kind of payment. There is also several ambitious project such a tournament or sports project that will be used to promote the usage of bolttcoin itself.

Risk and disclaimer

As we all already know that the usage of cryptocurrency is not well known in every country, especially China, USA, Canada, and a lot of countries. Therefore we want you to understand that the legal platform that will be applied in the future may or may not change the structure of the companies, and thus affecting the value of token and transactions.

Ann: https://bitcointalk.org/index.php?topic=3276720

White paper: https://Bolttcoin.io/BolttCoinWhitePaper-V1.0.pdf

Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

The Eternal Trusts Platform and the Eternal Trusts Token as Their Currency

The Eternal Trusts Platform and the Eternal Trusts Token as Their Currency

There is more than one person in this world who dreams for the impossible for the sake of merely improving their standards of living to even radically prolonging their life spans. Today, money is not the primary problem people have to realize their dream anymore. Even if you have much money on your hands, you still can’t make it come true unless you have the access to certain services. Yes, the inaccessibility to those services is what hinders the realization. But, there is the Eternal Trusts platform now. It is one worth to ask help from.

What You Need to Know About Eternal Trusts

To tell you the truth, improving standards of living or prolonging one’s life span is not impossible dream to realize. Many researches that close to answer that should be there already. If we have to take one example, it would be cloning animals with cloning humans. That being said, things like cloning humans have the services that are not yet approved by regulation. You might find other reasons that enable you to purchase them, like legislative inadequacies and lack of additional research. They are the common reasons of all.

Now, you know that no matter how much money you have, you won’t be able to access them on your own. This is where the Eternal Trusts step in to help you. This platform is there to make it possible for anyone to devise both products and services necessary for their goals. With this platform, research groups would also benefit for having the chance to do potential demand analysis for their latest developments. Even normal customers could make smart contract and infrastructure to give them the power to buy future services.

You have the platform that can make things that were impossible to be impossible now. It is the only platform there is to be able to offer such thing. For the sake of realizing your dreams for the future, the Eternal Trusts sure is worth placing your trust on. Once it becomes possible to buy the services necessary, you can proceed with the realization of your dream, right? Then, it would not be just dream anymore. The Eternal Trusts is just as reliable as that to serve their customers, be it for individual’s dream or for the sake of everyone.

The Eternal Trusts Token and What They Are For

Blockchain platforms would usually build their own ecosystem for digital transactions. For such transaction though, they don’t normally use real money anymore. That is why they have their own crypto currency to sell and buy things within the ecosystem. It applies the same even to the Eternal Trusts platform. The crypto currency used in this platform is called Eternal Trusts Token (ETT). In accordance with the industry standard, their token is based on ERC-20 protocol. Let’s see how this token will be used in the platform ecosystem.

  • Automatically Help Fulfill the Goals

First than anything, the Eternal Trusts Token is one intended to serve the customers as the fuel for the realization of their goals or dreams. What’s more? It is said to be able to help them automatically fulfill those goals. You must have been wondering how the token can do that much, right? Well, you see, when you submit your goals to the platform, customers are required to pay them with tokens. While it might seem that you can’t hope to simply put them for free, these tokens are what will be needed for the publishing of their objectives.

Now that your objectives have been on the platform, the Eternal Trusts will do the job to constantly search for the providers that are the most suitable to fulfill your goals. The platform can’t help you this far without you paying them with tokens. If you can eventually get the most suitable providers that can give you the exact services you need, it is worth spending your money for, right? After all, we’ve got to pay for their trouble to help us realize our dream. At least, you can entrust it to them since they can promise to make it succeed.

If you are interested in doing the same, make sure to submit your goals to this platform via an automatically executed smart contract. Then, pay their service with tokens and you are all set to make your dream come true. This is how the tokens can automatically help you fulfill the goals. Eternal Trusts Token is not just a part of the ecosystem. In fact, it is the integral part of the product that the platform offers. You might never imagine that investing your money for it could bring you closer to the very realization of your dreams.

  • Act As the Starter for Goods/Services

Visiting https://eternaltrusts.io/ will make you learn that the Eternal Trusts Token is something that can fuel the fulfillment of our goals. However, you need to remember that it is still the platform’s crypto currency to begin with. With this specific currency, people can do all sorts of transaction in the platform’s ecosystem. Also, there is benefit for using their currency like this. With it, people other than the users and the platform would not be able to meddle in their transactions. You can focus on the business without having to worry.

The tokens you bought from the platform are pretty much meant to let you get your hands on biotech products and services. You pay the platform with the tokens and it will make those products and services accessible for you. Without the tokens, you won’t be able to start with anything. It is pretty much the same with how it is used to automatically fulfill your goals. Without paying with the tokens, you can’t expect to get the most suitable service providers to contribute for it. That is why it is right to say that token can act as kickstarter.

It is the kickstarter of biotech products and services, to be exact. Now that you can get your hands on those products and services, you can be sure that the day your dream comes true is not so far away. To begin with, the inaccessibility to both of them is the only thing that hinders its realization. Now that it is taken care of by the Eternal Trusts, it is true to say that every dream is destined to succeed. The platform won’t boast their capability for nothing. So, you will never go wrong spending money to buy tokens to get the goods and all.

  • Sell Products and Services Made in ET

From our discussion so far, you must have thought that the Eternal Trusts acts like the mediator between the customers and the service providers. It is because the ET makes it possible for the providers to give their goods and services in exchange of the tokens paid by the customers to the platform. From this, you might have concluded too that the platform brings the goods and services outside to pass them to you. Thus, this is the extent of what the token is meant for. Unfortunately, this ET platform here is nothing of that sort.

The platform is also the place where biotech projects are built as well. People come up with the ideas. Then, researches are made. After that, the products and services are gathered. Thus, the projects undergo the process and development. Finally, new products and services are resulted from those projects. While people can enjoy their own products and services, they have the choice to sell them on the platform as well. As you might have known, we need certain currency to bridge the sellers and the buyers in the ET ecosystem.

This is where the token is used. Yes, besides being the currency for customers to buy products and services, it is also the same currency that is used to sell the new products and services resulted from their projects. This is how the transactions go in the platform’s ecosystem. You might never imagine that your dream can earn you profit, right? This is how far the platform can benefit its customers. It is more than just one that can help you realize your dream. You can actually share the results for the benefits of others. It sure is great ecosystem.

  • Buy Services Needed by the Clients

For the development of our projects, we can’t neglect the fact that we do need some or several services to make further progress. However, you don’t need to get your projects delayed because of this. You can just make good use of the token facilitated by the platform and you will have smooth process until your dream is finally realized. Tokens are used in all sorts of ways in this platform’s ecosystem. That is why there are all sorts of transactions happening there too. Before, you can use token to sell products and services of projects.

Now, the token will also be used by the platform to facilitate you with the services needed for them. Yes, the token is what it will use to buy the services. When it is like that, you know you will never out of materials to get your projects done, right? Everything is possible because there is this currency to fuel any transaction within the ecosystem. How it is used might vary depending on the situation, but it is sure to benefit both the customers and the platform itself. Why, of course, to begin with, the platform actually aims for certain thing by it.

It would be to generate liquidity in the emerging markets. Now, you know that even the platform dreams this big for itself. Even so, the realization of customers’ dream will still be its primary concern. You might never know that platform token can lead to something big like this and means much for everyone. That is why we can guarantee that you can be one or more steps closer to the realization of your dream if you choose to work things with the Eternal Trusts platform. You won’t regret your choice. Only with the ET here, futuristic dreams can be destined to eventually come true.

Social Media:

Twitter: https://twitter.com/Eternal_Trusts
Facebook: https://www.facebook.com/EternalTrusts/
Telegram: https://t.me/eternaltrusts

Ann: https://bitcointalk.org/index.php?topic=3130908.0
Website: http://eternaltrusts.io/en
White Paper: https://s3.eu-central-1.amazonaws.com/cdn.batyukovstudio.com/projects/eternaltrusts/documents/wpen.pdf

 

Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Initial Coin Offerings: Crypto Capitalism Of The Modern Era?

Initial Coin Offerings: Crypto Capitalism Of The Modern Era?

Let us begin by decoding the word “CRYPTO CAPITALISM”. To begin with, Capitalism can be defined as the process of making market decisions that are very private in nature. The concept of FREE MARKET is what truly characterizes CAPITALISM. The decisions made are keeping in view the competition in the free market. Commodity prices are influenced by features such as demand, supply, and also the nature of the free market.

CRYPTO-CURRENCY; A rather heavy term which might sound new to a lot of people out there. It is nothing but a modern-dayphenomenon which has become the most sought-after industries in the world today. Individuals are flocking to invest in a rather new form of digital currency whose value has grown exponentially ever since the inception of the Bitcoin in 2009. People find it very comfortable to invest in cryptocurrency as it is an unregulated form of money which will give you amazing yields in the future. Hence, it’s safe to say that we are now entering into the cryptocurrency age.

What Is Crypto-Capitalism?

Since we have defined both the terms. Let us now define “CRYPTO CAPITALISM”. What makes cryptocurrency so appealing? There is no controlling body which controls your investments. You are free to make your own investment decisions and no one else has the right to question it. You can invest your cryptocurrency in a market which is free from any sort of influence.

Initial Coin offerings are one such market. Initial Coin Offerings is the modern-day answer to start-up funding. ICO service providers offer a unique project idea to its customers. They also mine their own cryptocurrency units which they offer in exchange for other prominent cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc. amongst a host of others. If a person with a stockpile of cryptocurrency units wants to invest them further. They can do so in ICO offerings. This way, start-ups can raise the necessary funding through crowdfunding where such cryptocurrency exchanges take place. It’s a very unregulated process and hence companies can resort to a lot of creative approaches to raise the money. This is the brand-new concept of Crypto Capitalism.

Why Is This Important?

A centralized regulatory body will be a huge hindrance for any investor. They will work towards taxing any investment made. This taxation will be in the form of service charges, or simply a “fee”. Apart from paying extra money, an investor will be entitled to adhere to a number ofunnecessary rules and regulations which will be introduced. In simple terms, you will have someone watching over your investments and of course, poke their noses if deemed necessary. This also brings in uncalled for instability in the market. What would this result? This would result in a flight to more traditional forms of investment such as real estate or stocks since they are more stable.

There have been cases where the governments did try to regulate the currency. When certain far east countries talked about regulating the BITCOIN, what followed suit was highly predicted. The Bitcoin saw its value fall by a staggering fifty percent. Just imagine if such regulations were global. Would you think of investing in cryptocurrency? You would potentially think twice before doing so. The entire concept would be wiped out in a matter of months.

Are ICOs The Future Of Start-up Funding?

Modern-day start-ups are depending on Blockchain technology to raise funding to execute their projects. Earlier on, they had to depend on traditional forms of financing which is a tedious task which could or could not yield returns.

Start-ups who develop applications for blockchain technology projects now have another added privilege which they are entitled to. They can generate their own crypto units which they can easily exchange for prominent cryptocurrency units. These exchanged cryptocurrencies are the driving forces behind a majority of their projects. If you are confused about what type of cryptocurrency is best suited for your investment, make use of websites ICO Token News to gain more information on the different kinds of cryptocurrencies in the market today.

  • This is a very safe method of raising funds. A company is not answerable to any venture capitalist or surrender any equity to them. It’s completely foolproof.
  • Blockchain technology also provides a ledger system for creating a database of all the transactions which take place. This information is shared with the concerned parties, without having to endure the expenses of a broker or an exchange who charge exuberant fees for their services. It’s being used by a large number of companies and many start-ups are equipping themselves with the technology to make use of the system in place.

We all know that the BITCOIN is a ledger system which records all bitcoin transactions. This system was built using Blockchain technology. Now, companies too are developing a similar system of ledgers and putting them to different uses. The crypto tokens they sell are those which are needed to gain access to these platforms.

Once you invest in an ICO service provider, you will be given ownership to a number of their crypt units. If the startup or project is a roaring success, the value of the crypto unit is expected to soar as well. This is a direct result of the rise in demand for the crypto token.

What Is The Future Of Crowdfunding Using Initial Coin Offerings?

For a company resorting to initial coin offerings in order to raise funds, this doesn’t mean that they do not use equity offerings to raise capital. However, experts stress that a company can raise almost ten times the required funding without actually giving up any control over the company or its equity.

Despite the appealing nature of the system, it’s not that it will replace the traditional venture capitalist system anytime soon. VCs offer not just finance, they offer you a host of connections, expert guidance and most of all prestige.

However, companies resorting to ICOs have taken one step towards the future.

Initial Coin Offerings: The Scope

Despite the high number of risks involved, ICOs are expected to usher in a brand-new era of start-up crowdfunding. This could be a game changer for a long time to come.

The companies who are offering coins through ICOs are developing technologies which could be very beneficial to other industries as well. They are ushering in a new era of technology which revolves around blockchain technology. Newer uses for the technology are being devised, owing to its appealing irregulated nature of working. The demand is only expected to rise and its necessary that all companies are ready for this new era of change. Regardless of its uncertain bubble-like nature, it is a risk worth taking.

Earlier on, investors had to wait many years in order to reap a profit from their investments. But in today’s era, an investor who has purchased coins through an ICO funding campaign can expect a huge profit in as little as nine months from the time of investment. These investments can be easily cashed out into real-time money.

Expect blockchain technology start-ups to be a part of every industry like health care, transportation, real estate, banking, etc. to name a few. This is the future in front of our eyes.

Some Points To Take Note Of

As this article has constantly stated that the unregulated nature of ICO offerings is a very good thing. However, it does not mean that you do not take precautionary measures before making any sort of investment. Blockchain technology is used for scams as well. There are a certain number of fraud Initial Coin Offerings which dupe people of their investments. This has to be avoided. Make sure that you follow certain precautionary measure before investment.

Some of them are as follows:

  1. Make sure you do a thorough background check on what the project is about. Scour the internet for more information on the team behind the project. This way the authenticity of the venture is clear. The more transparency the team imparts, the more trustable the ICO offering is.
  2. Make sure you read the white paper of the project before investing. This way you will understand the technicalities of the project. It will help you decide whether to invest or not.
  3. Make sure you keep all your cryptocurrency units in an online cryptocurrency wallet. Such wallets provide you with the right security features to protect your capital from any sort of theft or hack.
  4. Be patient with your investment. Do not expect an instant profit from your investment immediately. Give it some time and wait for the project to flourish. You may end up with a larger profit if you just wait for a little.

 

Conclusion

The world of finance is an ever-changing one. A world which was once ruled by stocks and equity funds is now being taken over by the cryptocurrency phenomena. It is unpredictable and no one really knows how long the bubble is going to last. For now, it’s safe to say that Crypto Currencies and Initial Coin offerings are Crypto Capitalism of the Modern Age.