How do blockchain platforms help in efficient crowdfunding?
John Walder last edited by
Crowdfunding has been in existence for ages. It has helped in the growth of many businesses in different ways. But, as time passes the requirement also changes. Investors are looking for highly secure methods which are lacking in fiat crowdfunding. To avoid this sort of confusion, you can go with crypto crowdfunding. In crypto crowdfunding, you can raise funds efficiently and in a secure manner. There are several blockchain platforms that can be helpful in your fundraising.
Among the crypto fundraising methods, there are several methods to raise funds. ICO is one of them. The year 2017 is when ICO completely hatched from its egg. It was the same year, Telegram - a popular messaging app, raised funds up to $1.2 billion. It is still noted as one of the most successful ICOs in history. The enormous amount raised by Telegram could be set as an example for investors’ trust in the ICO method.
How will you launch an ICO?
Launching an ICO requires crypto tokens. Crypto tokens are digital assets that are sold to investors to raise funds. These are utility tokens that hold the value of shares the investors own in the business. You can create these tokens in any blockchain you wish. But, these tokens play a potential part in attracting investors. So, it is advisable to choose a blockchain platform that is popular and suits your business.
Ethereum blockchain has all the features you need to attract investors towards you. To be precise, ERC20 is the token standard of the Ethereum blockchain, the most popular token in the marketplace. Almost 70% of the tokens in the marketplace are ERC20 standard-based. With this popularity, you can attract potential investors. Breathing in Ethereum blockchain adds more points to ERC20. It is eligible to reap the astonishing features of the Ethereum blockchain.
Where to create ERC20 token?
The smart contract will be the only challenging part while creating ERC20 tokens. These smart contracts contain pieces of information regarding the functionalities of your tokens. So, it requires extra heed while implementing. So, it is recommendable to find the help of an ERC20 token development company. There are many companies out there to create ERC20 tokens. But, trust is something to value the most. To make it easy for you, I’ve kept my nose to the grindstone and came up with Zab Technologies, a renowned blockchain development company that is completely trustable. They have been doing this for years now and have highly skilled experts to help you. To add some spice they provide features like, customizing the functionalities of the token and creating specialized wallets. By specialized, I mean that a wallet for Ethereum to store tokens and currencies. So, if you are looking to create ERC20 tokens, then you can go ahead and contact them via