How to raise funds in an efficient manner using ERC20 tokens?
John Walder last edited by
Raising funds is one method that you can trust to take your business to the next level. Yet, you have to find the best method to make it more efficient. For that, you will have to do it in the crypto way. Yes, crypto has become very popular around the world. Unlike fiat, you will not be expecting investors from a particular geographic location with only one currency. Crypto brings investors from all over the world, making your crowdfunding efficient. But, there are many other methods in crypto crowdfunding. ICO will be the simplest option. It requires less effort when compared to others and provides similar benefits. ICO has been in existence for some years and has helped in the growth of many projects. Telegram-a famous messenger company has raised a sum of $72 million through ICO.
ICO is a process where you sell your crypto tokens to raise funds. These crypto tokens will denote the equity share of the investor. So, it is important to find the best blockchain to create your tokens. Among all the blockchain platforms, Ethereum will be the most recommendable blockchain platform by experts. The popularity of Ethereum will be the first reason to create tokens on this platform. Apart from that, Ethereum also has the most popular token standard, ERC20. A stat says that almost 70% of the tokens in the marketplace are ERC20 standards. Crypto enthusiasts who can be considered as potential investors will be interested in such token standards. As a matter of fact, you can increase the efficiency of your ICO.
How to create ERC20 tokens?
Creating ERC20 tokens involves the implementation of smart contracts. High-level expertise is required for implementing the smart contract. For that, you will have to find a company ERC20 token development specialists. There are many such companies out there to provide you with these services. You will have to do some earnest research to find the best and trustable company. To reduce your work, I’ve done some groundwork and found out that Zab Technologies-a renowned blockchain development company is providing ERC20 token development services. To add some spice, along with ERC20 token development they also provide you with a wallet to store, send and receive your tokens. They also provide a free demo and many other perks. You can contact them via