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.



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.

The Cryptobank-Based Mobile Phone As A Revolution Of Banking

The Cryptobank-Based Mobile Phone As A Revolution Of Banking

Ease of transactions into one of the things that into consideration by users of digital sales. Everyone would want every deal done can be completed quickly. The development of the digital market became one of the things behind the movement from cash payments to digital payments. That should be accompanied by the creativity of the observers of the digital economy in creating a platform that supports ease and security in digital transactions.

One of the platforms that are ready to develop and set up a system for digital transactions is Crypterium. The Crypterium team has been preparing an innovation in banking that started five years ago. The change is called Cryptobank. Applying a similar concept to a Traditional Bank, members of Cryptobank can also make payments, exchanges, and loans.

In its role to provide convenience to its users, developers prepare a Crypterium app that can be integrated with smartphones. Apps are supplied for all bases like android, windows, and iOS. In a conventional bank, you need a debit card and a credit card to complete a transaction. Besides in a traditional bank to conduct digital trades the user must pass some time-consuming steps. That will be different from the concept offered by Cryptobank.

In Cryptobank, each user can use one smartphone only to perform various payments and transactions. The crypto assets of each user can also be quickly checked at any time via the smart digital contract wallet. With the concept of the purse, the system just debits the balance only without having to go through a lengthy process.

Every transaction made will be automatically saved into a decentralized system supported by blockchain technology. The use of Cryptowallet also allows users to see all cryptocurrency activities in one place only. Equipped with mobile banking makes it easier for users to create transactions. Crypterium offers an ecosystem that provides high security but supports maximum immunity for each user in the use of funds.

The algorithm used in the platform can ensure the right bids for each member of the ecosystem. The history of each transaction performed by the user will be stored in the system and will then be analyzed. The purpose of the analysis is to increase the calculation of risk. Identification of each member’s behavior can also be made through analytical methods.

The Crypterium Cryptobank Service for Digital Transactions

The establishment of the platform was initially intended to create a fast, comfortable, and secure payment process. Any activity that can be done by Cryptobank offers ease and high security. All support can be applied due to the use of blockchain technology with cryptocurrency. The method of the CRPT token should ultimately be generalizable for each transaction or payment.

The primary services that any Cryptobank user can perform are purchases and sales of cryptocurrencies and tokens like BTC, XRP, Dash, XEM, ETH, MIOTA, NEO, etc. The value of the applied conversion will be calculated with a high degree of accuracy. International scale transfers can also be made through a blockchain wallet account. Bank cards can also be used to transfer. The exchange and currency conversion between Crypto assets are also included in the essential services that any user can perform. Cryptobank also supports fiat currency transactions. Phone payments, penalties, loans, internet, etc. can also be made directly. Automatic debit is strongly recommended to speed up operations, and any data will be stored in the system.

If essential services are still not enough to meet your transaction needs you can use additional services, such as multi-currency transactions that allow you to write multiple currencies at once. Crypterium can assist you by receiving photo submissions from invoices at an extra cost. Crypterium infrastructure users are also charged for QR payments.

Services that are still in the process of planning the developer is the acquisition of a traditional banking license so that conventional banking can run side by side with digital investment. Besides, it is also scheduled to be issued interest from income deposits crypto. Banking statements will even begin to be pioneered along with the creation of a payroll account.

Along with its implementation, Cryptobank will continue to improve the service and quality of its services. With the Crypterium Cryptobank, it will complete an evolution of cash transactions into digital transactions as a whole. The development of this platform certainly gets a good response from the actors in the digital economy.

The Cryptobank for Business

The development of Cryptobank aims to provide secure payment services with Crypterium mobile banking. Cryptobanking will be the world’s largest payment platform with digital models and support smooth transactions. However, businesspeople may still be unsure of the application of crypto banking with the business being run. That deals with possible sellers who do not have contactless features.

For businesspeople, now you don’t have to worry. After spending five years on platform development, the Crypterium team has prepared a unique contactless system for businesses. With the system applied will expand the reach of your business. With innovative technology, your business can easily connect with a digital ecosystem.

The range of transactions for a business is probably different from individual purchases. The platform has set some rules for the bank crypto business. The following modules are specific to industries and all sectors.

  • The exchange of cryptocurrency can be done regardless of the amount without knowing the minimum limit
  • Every transaction made can be adjusted to the cashback and loyalty program applied by the platform and business
  • Can be connected with transaction history, currency filter, payment time, payment management details, shopping model to be performed, and new store connection.
  • The system applied to businesses allows the conversion of fiat money and cryptocurrency
  • Compared to the use of cash, digital transactions save time
  • The method of digital infrastructure is considered cheaper when compared with conventional payments.
  • All kinds of payment solutions can be integrated with crypto bank so that one account is enough to perform all types of transactions across all platforms
  • The solutions offered have passed the trial period in two years of use so that when launched, crypto bank can accommodate more members

The global settlement developed by Crypterium provides convenience and lowers administrative costs. Systems that run on the platform can be used as an alternative to achieve an increase in technical knowledge. Just the same as individuals who join the platform, businesses also require Crypterium App in mobile phones.

Automatic Solution Service in Crypterium

Crypterium development uses an API where there will be a role of QR code for transaction payments. QR code scanning will automatically make payments possible. Solutions with QR codes also speed up the checkout process. You can use this service anywhere, even to pay for vehicle parking fees though. The use of the API is not unfamiliar, but the use of a Cryptobank is a very brilliant idea.

Crypterium is implementing an opensource platform for the creation of Crypterium API development. Developers believe that the development of Cryptobank users will increase along with the increase of digital transaction enthusiasts. As a current application Crypterium solutions using mobile devices with a more practical purpose because in the digital era everyone cannot be separated from their phone.

Some services have been developed and provided through the Crypterium API such as wallets, exchanges, loyalty programs, crypto uses for online and offline payments, information retrieval, billing, automatic regular payments, automatic transaction notifications, and payments using tokens and cryptocurrency. All services will begin to be implemented from the start of the platform launch. The frequent addition of services to the platform may occur.

Not all services provided by the platform will be resolved in the future. By the time the platform has been successfully implemented it means the developer team has reached the point of success where the creation of a decentralized digital bank. The revolution of the world’s payment system will probably start from the Crypterium platform. So in the future, did not rule out the emergence of another Cryptobank with the same benefits and goals.

There is the official link to Crypterium:

 Social Media:

As a startup platform with five years of founding and development, Crypterium becomes a complete package in providing digital services. The use of cryptocurrency and blockchain technology makes Cryptobank a secure, low-cost digital bank of the future. Cryptobank can be integrated with all kinds of digital currencies to enable exchange transactions. For the development of Crypterium platform will open the sale of ICO tokens. The tokens used in the platform are CRPT’s that can be flexible because they can be redeemed at any time in any currency. Valid and valid money in some countries in the real world can also be redeemed for services provided by Cryptobank.

Crypterium mobile application can be the best solution for all sectors. Any digital marketplace platform can be integrated with Cryptobank. Not only that, transactions from any offline store can use Cryptobank for payment. One of the goals of Crypterium in the future is that the running of traditional banks and digital banks are in tandem with integrated systems using better technology. After the launch of the platform, the Crypterium team will continue to develop the service and create new products aimed at providing the best services at a low cost to all communities.

Bankex As The Future For Financial Technology

Bankex As The Future For Financial Technology

Recently, we can conclude some ICO products which have good appearance. In an outstanding market, investors are free to choose which one the trusted ICO who wants to follow. It’s exactly according to their consideration. The high potential platform will be selected. After many platforms appear in ICO period, the investors seem like confusing to choose one among the best products. It’s so hard to determine which is the projects that will provide the great benefits, because if the people in the wrong choice, it will create the huge losses.

Bankex as the new platform that is combining Proof of Asset (PoA) Protocol, the principle of Bank as a Service (BaaS), Internet of Things (IT) and Artificial Intelligence (AI). All components being integrated into one system named blockchain. As we know that the growth of business and financial system running continuously, in a few last decade the traditional financial system becomes the most trend system, but gradually this system exposes the weaknesses.

The investors usually save their assets in real estate, gold and stock form. This kind is uneasy to sell out physically. The alternative ways are changing these forms into legal paper through the authorized institution. But, it arises the problem, the assets trading becomes complicated because should be involved the third party (in this case is law enforcer) to legalize the transaction. So, time by time this way become the causes of non-liquidity assets.

Because the traditional system can’t hold the liquidity of assets, Bankex build as the solution to this problem. The sellers and buyers need the privation when doing the trading, Bankex provides this way. Through the tokenization of assets, the trading comes so easy, because each item has each token. So, it’s not needs to involve the third party anymore. In this case, Bankex as the future of financial technology tried to develop the digital system in the business world.

The General Description of Bankex

Blockchain has been used in the various aspect in simple and manufacturing of trading transaction. This is one of the trusted ways for the financial transaction. Besides the benefits of these technologies, the blockchain becomes a great management and tokenization tools. Why? Because to digitize assets requires lots of work. It through some stages, the checking, the agreement of both sides takes a long time. The usual digitalization system will not be able to digitize many modules at one time; it might happen an error of processing.

In this case, blockchain plays the biggest role. Blockchain can automate each transaction related to assets. It’s secure and trusted; the important is benefits of blockchain service has the meaning removing third party authorization requirements. The transaction will faster, clear and transparent.

Because the assets sell out as a digital product, the asset exchange becomes easier that will generate better liquidity. Whether its the business owner or traditional financial institution, the blocker is effective in implementation and surely brings out the great result. The popularity of bitcoin makes the people begin to understand how to use bitcoin. However, regardless of these knowledge, to acquiring bitcoin is an uneasy thing. Even today, bitcoin is a privilege for some people only.

Bitcoin can’t fill out by assets, and the coin also can’t use for tokenization. The digital coin that supports tokenization is Bankex. Bankex builds as the future for financial technology. Tokenization is the way to manage assets in blockchain environment. Bankex takes the next tokenization by adding more features such as PoA Protocol. From that case, appear the question how the differences between tokenization and digitalization are?

Digitalization assets are only about making assets to be the digital format. Its include creating the description and publish it in the market. In another hand, the tokenization is the reforming an asset into tokens which has the proof fraud feature as a part of blockchain benefit. Learn more by visiting the ann thread

The Aims of Bankex

Bankex created the standard that allows the new generation of assets and contracts to build the decentralized of the capital market. Bankex implements Internet Asset (IoA) according to BaaS principle and supported by IoT and AI. The PoA opened for Fintech providers of the third party, the Lab AI and IoT, traditional financial institution and assets owner. The BaaS, PoA, and IoA have the revolutionary character to optimize the liquidity of nonfungible assets, non-liquid traditional class asset, and global banking.

Bankex technology created to betterment future for financial technology. It’s capable of makes the trading quick and easy. The new products can adjust with the complex, financial infrastructure and class of assets. Bankex try to change the financial system for the digital era and creating the global market integrate with high transparency. The successful of this platform can’t separate with an expert and experienced team in capital market and banking sector. Bankex becomes the partner for several TOP blockchain developers. The bank which has the interest in implements smart contract for non-liquid traditional class asset.

The point is to realize PoA protocol that allows the user to takes all assets, tokenize and then allows to exchange on their platform, Bankex tried to build the new smart contract (one of that is new Escrow smart contract). Bankex also works on the legal issues and to effort the user obedient toward the provision of Bankex corporation.  For more explanation you can kindly follow the social media account:

The ICO review of Bankex

Based on ICO Rating review, Bankex project placed the stable rating. This platform is unpredictable to checking the ration of supply and demand. Since founded in January 2016, Bankex able to reach the success when pre-ICO with 400.000.000 BKX tokens are a sell out on first launching. The team is also holding the research to develop the blockchain technology through ICO system to building the platform for real assets tokenization.  ICO has the primary aims to make Bankex as the biggest blockchain corporation in the world. It’s possible if the token sales success to get the people trust.

The details description and qualification of the real problem and solution are improved by the team. But, there’s no separate website which explains the ICO, it’s done to protect the Bankex from retail maximally. Besides that, it has the goal to socialize the investors that they have the right to making a private transaction with no involve the third party.  This is the reason why Bankex is placing as the future for financial technology.

The evidence that issued when ICO is utility tokens. This tokens usage as the purchase when buying the smart  asset. Just for your information, the classes of tokens consists of three kinds; there is soft, retail and hard cap. Each class have a different point of BKX tokens, 20.000.000 for soft cap, 80.000.000 for retail cap class, and 220.000.000 for a hard cap with minimum purchase is 1 ETH. Through these points, the investors will get more and more benefits from Bankex. Please kindly look at the site:

Bankex also achieves some reward and recognized as the good blockchain developer. The TOP 50 Startups Fintech successfully achieved in July 2017. The Bankex team gives maximum effort and dedicate themselves to provide the best service for sellers, buyers, bank, and all related parties on the digital financial market. From that explanation, we can get the point that Bankex has high capability and promising the people to improving their business. This is the best way to gain more and more commercial.

Why Is Bankex Important In Our Business Life?

The most important feature on Bankex is Bank as a Service (BaaS). The working of Baas is offered three main roles on the business ecosystem. There are:

  1. The owner of the asset or usually called as the originator. This party provides the items will be sell in the platform. The owner also engaged as a seller. All seller obliged to gives the information about assets (like originality, the legal document, condition, etc.)
  2. The buyer or named supplier. This party holds the position as investors. They choose and buy the items using tokens. If the investors collected tokens and not distribute on token sales, it’s not a matter. The tokens are remains available and not eliminate.
  3. The last one is the owner of the product. In this case is Bankex as the service provider of financial technology. This party has the roles to improve the transaction and trusted atmosphere while trading.

As explained before, Bankex gives the people more benefits. The investors should know which is the platform that available the greatest number of profit.

  1. By using the blockchain technology, the transaction will go faster because there’s no involve to authorize process.
  2. Prevent the instant protocol to exchange assets, Bankex able to detect all information about the items that sell out on this platform. So, it’s impossible to exchange the item with no verification.
  3. As the realization of a new generation to the better future for financial technology cause Bankex can making a move in trading adjust with consumer needed.

If you’re still curious more the strength of this platform, please kindly read white paper on