Mar 12 2018
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:
- 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.
- 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.
- 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.
- 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.
May 9 2018
The FLOGmall E-Commerce Platform with The Unique Offers for Everyone
Increased utilization of technology makes everything can be done quickly. You do not need to spend too much time and energy to enjoy every service that is collaborated with technology. Utilization of the Internet became the beginning of the opening of the global world so that people around the world can connect without any significant obstacles. One of the increasingly growing market users is e-commerce. E-commerce market users continue to grow along with the development of smartphones so anyone can make any purchase in hand. Ease is also supported by the easy access of the internet owned by everyone. To be able to make purchases on a digital platform, internet access is the main thing to note. E-commerce has indeed become the most appropriate way out for ease of getting the product without worrying about the use of time. The price offered is also quite competitive to increase the convenience and purchasing power of consumers.
Utilization of e-commerce market also provides excellent benefits for sellers around the world. The seller can market the product efficiently. The seller only uploads the product to the site and waits for the order to arrive. However, not all sellers take honest action. Certain individuals pretend to be sellers but lead to fraud. The response is unfortunate because it can disappoint the buyer. To handle this, then specific systems are needed that can improve the quality of traded sellers and suppliers. FLOGmall has come up with the use of new concepts and innovations to provide convenience to all parties who joined the ecosystem. The FLOGmall work system will show the honest sellers in the ecosystem. The platform will use the concept of bidding, selling, and advertising done with video. Sellers can also stream about sales that occur in stores.
FLOGmall will bring e-commerce market to marketing with blockchain-based technology. The use of blockchain technology is expected to increase transaction speed and security. The method of blockchain technology can also lead to distributed ledger systems for secure storage of transaction data and ease of access. The use of blockchain technology necessarily leads to the use of Smart Contracts with Etherum-based. You can use the service with a FLOGmall token called Mallcoin (MLC). The use of tokens will undoubtedly be available with wallet support so that your transactions can be completed immediately. The transfer of the balance from your wallet to the seller will occur when you confirm the receipt of the product you purchased. Without confirmation, the funds you provide will be held in the ecosystem. It aims for the seller to deliver products ordered. When the seller does not provide the order, the funds will be returned to the buyer. FLOGmall will provide convenience to anyone who is incorporated into the ecosystem with various development services.
Innovation Services On The Flogmall Ecosystem
Unique offers in the e-commerce market will be provided via the FLOGmall platform. You can earn more profits on a promising platform. Each feature provided will be proportional to the benefits you receive. FLOGmall will move to a new market that has the availability of data and products that can increase purchasing power. The services available can help anyone to gain expertise in transactions. The project break-even point will be in a positive scenario once the official function and full-scale platform are run for the next few months. FLOGmall will be a project that has a high potential to provide benefits in the e-commerce market. The use of this ecosystem can also help the development of global investment scenarios to support the establishment of ecosystems. Making new markets will undoubtedly be accompanied by risks. The existence of the threat does not mean lowering the level of positive scenarios. The risk can always be taken into account so that as much as possible to be avoided in order not to happen.
High risk also requires you to perform calculations and get advice from individual financial institutions before making a purchase of MLC on ICO. Before investing, you also need to do calculations to avoid possible risks. The existence of a new paradigm and innovation services to provide the formation of a new category to enhance e-commerce projects established with cryptocurrency system. The use of cryptosystems will help improve venture capital funding. You need to do a thorough calculation and evaluation of the project before making a transaction for investment. As a new platform, FLOGmall certainly wants every investor, buyers, and sellers can join the ecosystem by itself without any coercion. FLOGmall will provide the detailed explanation of the system and security used. The developer also assumes that the project deserves a high economic and financial evaluation. You can know the whole concept by accessing the website and whitepaper.
Ann: https://bitcointalk.org/index.php?topic=2772079.0
Website: https://flogmall.com
White Paper: https://flogmall.com/wp/
Investment in FLOGmall ecosystem with preSale, pre-ICO and ICO
Token sales are made with a transparent and straightforward system. Anyone can participate in the token sales period to provide ease of access to the ecosystem when the platform is launched. The algorithm used is a correct procedure so that sales can be made for each site customer. The investment procedure can provide the full income derived from the project. Mallcoin token holder can purchase preSale, pre-ICO and ICO, so it will make it easier for anyone to invest. In addition to the ICO event, you also sell tokens called ATES. The concept will give users the opportunity to buy tokens on the site without going through a crypto exchange. An accredited investor may sell MLC tokens within a year of purchase.
ATES has a lead role for token holders who make purchases in preSale, pre-ICO, and ICO. Various sales stages are opened to provide ease of investment and discounts to reach an affordable price. Total distribution of tokens to be made worth 250 million Mallcoin. Shipping has also been explicitly mentioned in the whitepaper. The founding team, advisors, and platform supporters in the early stages will get a 10% distribution. Subsequent distributions were made to obtain a reserve of 9%. The fund reserves are intended to keep the platform work uninterrupted. Funding reserves can also be created to establish new impetus in project development. 7% distribution of funds will be made for bounty and bonus campaigns to be given to ICO participants, charities, and lotteries. 74% of the token will be distributed to ICO participants at every token sales stage.
You May Need To Know The Terms And Conditions Of The Distribution And Creation Of Tokens
Specific terms and conditions may have an impact on the token sale and ecosystem development. Establishment of ecosystems depends heavily on the availability of sufficient funds. For that, you are some provisions that need to be set in the token ecosystem. Token obtained from FLOGmall team will be blocked for two years. The advisory tokens and project proponents were stuck for six months. Blocked tokens cannot be used for redemption or to use services within an ecosystem. For bounty program participants, tokens will be blocked for three months. The token amount of 2.5 million MLC will be used as a form of support for the Real.help program which will be done for eight years. Assistance will be given to children in need and will be gradually disbursed.
The allocation of tokens made to the reserve fund will be partially blocked. As many as 20% of tokens will be released from the block so that accounts can be used to keep work within the ecosystem. 80% of the funding reserves will begin to be distributed in May 2019 and will be for two years to attract new international market users. Other tokens will not be exposed to hold. After the ICO period ends, there will be no creation and token mining. Token sales also have a minimum target. When the minimum amount is not reached after the token sale period finished, the funds collected will be returned to the participants. When the token amount has been met before the end of the sales period, the ICO event will also be closed soon. The token allocation will be done gradually to all ICO participants.
Let’s be The Participant of ICO and Get Registration in The Website
ICO will be the event to sell token. ICO will give you the opportunity to get a token that can be used within the ecosystem. To participate in ICO, you can register through the web page provided. The sale of tokens is essential for collecting funds to be distributed for ecosystem development. FLOGmall divides the token sales period into three stages: presale, praICO, and ICO. preSale will take place on the platform for the period of 14 December to 14 January. Determination of soft cap is for 500 thousand USD and hard cap 1 million USD. The specified exchange rate is 1 ETH = 6000 MLC. preSale is usually aimed at ecosystem developers, advisors, and stakeholders related to project development. Ana may join the Pre-ICO and ICO to join Mallcoin’s sales.
Pre-ICO will take place on platform FLOGmall and crowdfunding platform. The pre-ICO period will last for one month. The sales period will start on 22 February to 22 March 2018. Determination of soft cap is for 2.5 million USD and hard cap 5 million USD. The specified exchange rate is 1 ETH = 3000 MLC. When you miss pre-ICO, you can follow the ICO which will be held from 26 April to 26 June 2018. Determination of soft cap is for 5 million USD and hard cap 18 million USD. The specified exchange rate is 1 ETH = 2000 MLC. You can use Ethereum, Bitcoin, KickCoin, Ripple, Dash, Litecoin and Doge to participate in the ecosystem. You need to know that the ICO schedule may change sometime. You can get schedule change information through the website pages or FLOGmall social media account. Do not miss your chance to participate in a global-scale platform to deliver maximum benefits from the use of e-commerce.
Twitter: https://twitter.com/flogmall
Facebook: https://www.facebook.com/flogmallico
Telegram: https://t.me/flogmallen
Using Cryptocurrency for Everyday Use
One’s habit of using cryptocurrency is limited to the development of digital currency for miners, traders, and investors. Currently, someone wants to use cryptocurrency for everyday purchases of goods without using fiat currency. The structure of utilization of digital money for safe and fast use to meet daily needs is being done. You may have heard information about hundreds of dead altcoins after ICO failure. In 2011 altcoin again turned on step by step. Corrections for altcoin utilization include the token storage error and the small degree of liquidity. To maintain the existence of the use of tokens, the increase of cash is necessary. The best way to boost liquidity is by increasing the volume of transactions that occur within the ecosystem. As the transaction increases then the need for token usage will improve as well. It will make the platform have a steady and growing level of liquidity.
Increased transaction volume can be done with the help of smart contracts that are key to progressive project development. The thousands of available altcoins may do not provide real utility and functionality to perpetuate minimum trading values. The absence of a token realization will create a market saturation that may classify an asset that depends on the application. The basic idea in the utilization of cryptocurrency will not work when a fiat and fiat money system occurs in the cryptocurrency market. The decline in the use of cryptocurrency in the paper currency will be proportional to the participation of the banking system. Cryptocurrency began to be developed for decentralized paying systems for universal use. The use of the term speculation for the use of economic shadow. Failure resulting from the payment instrument obtained. Increased utilization of cryptocurrency can be done with the development of new platforms that provide more benefits.
The Flogmall Ecosystem For Ease Of Transaction In E-Commerce
FLOGmall is one of the developments of the new platform for e-commerce usage. The original concept of platform usage is done with the use of blockchain technology and decentralized systems. The system can support the convenience of transactions and bookkeeping. The distributed ledger will help you get services with a high rate of transaction speed. Ease of deal will allow you to receive e-commerce services with products from around the world. You can also interact easily through the communication service with an automatic translator. Various products will be sold in multiple countries. The global platform reach will help you to have everything you need with ease.
FLOGmall will come up with a new market model by applying the concept of video sales. All seller activity can be recorded and streamed. To meet the needs of buyers, sellers can conduct online promotions with video so that it will have interactive and easy-to-deliver content to all network users. Transaction speed will be supported by Mallcoin usage that can be obtained through token sales or sales events outside token sales events such as ATES. Ease of transaction is also supported by the use of smart contract to ensure you get the products you want safely. Mallcoin exchange can be done when the product has reached your hand carefully. The platform will help you to find honest sellers with good quality products. Immediately join FLOGmall to improve the utilization of digital platform and cryptocurrency. The new cryptocurrency course layer will provide miners, investors, and traders. The ad formats contained on the row will be done for free to form different sets in the acquisition of cryptocurrency.
By admin • Technology • Tags: ATES, convenience, cryptocurrency, ETH, ICO, MLC, service, technology, token sale, USD