New Momentum in world by Initial Coin offerings
The Initial coin offering technology, the underlying technology of bitcoin, has received a lot of attention in the media.The success of bitcoin has spurred the launch of hundreds of copycat digital systems looking to cash in on the popularity of the cryptocurrency.But now a new generation of digital assets are gaining momentum, offering to do more with blockchain — the technology that powers bitcoin as a currency — than just allow a way to pay for things online using virtual Internet money.
With the evolution of cryptocurrency in market a new approachable technique for raising funds is introduced and widely accepted by people around the globe.It helps companies to raise funds for their projects by offering initial coins ICO’s or by conducting token sale. Many companies are gaining millions in just seconds of launching their ICO’s sale but many companies took time to gain the desired funding.The market may take some time in analysing and accepting the concept of company and their project, but eventually it will proved to be a beneficial step.
ICO’s are often known for sci-fi stuffs, there are no proper evaluation of assets shown, neither any road map or something that can assured Investors for future possibilities of the project.But our company Cajutel is doing a realistic project with complete strategic plan.
Cajutel a telecom company recently launched its ICO’s in market with a different promise, the company was planning to raise their funding by offering IPO in new York stock exchange but later they decided to launch ICO’s because of the growing expansion in cryptocurrency market compared to stock exchange.Cajutel ICO launched on ethereum blockchain cryptocurrency platform, the ICO’s of the company act as the real shares in the company and the token holders will be the shareholders of the company with voting rights and legally claimable shares.Ethereum, one of the biggest cryptocurrencies after bitcoin, has emerged as one of these up-and-coming alternatives.
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