Step Aside: This is Chainium!
Capital raising is the first step any business must take to get its engines started. Today’s seemingly invulnerable tech giants were once start-ups seeking sources of capital, and some of today’s start-ups seeking sources to raise capital will one day be the new seemingly invulnerable giants.
About a decade ago, raising capital was limited to a few means which included requests to friends and family, unlikely aid from a bank, or, heavy initial costs and plenty of time wasted (due to red tape) to get the opportunity for a bond issuance or stock offering.
Then the crypto market suddenly shook things up and gave life to ICOs. ICOs were a poster-child of crowd-funding campaigns mastered by platforms like Kickstarter, and the drive of the crypto community to bring decentralization to mainstream industrial status quos. They succeeded.
Today, ICOs are allowing businesses to raise tens and even hundreds of millions of dollars, and this has given way a new revolution in innovative technological advancement. Any idea has the potential to be funded by the market itself: ICOs truly abide by Abe Lincoln’s principles of governance of “By the people, for the people;” just, initial coin offerings put this historic quote into an economic perspective. And the result has been a marvelous eruption of innovative technologies challenging the most established companies.
Now it’s time to go beyond just challenging companies and to challenge entire systems.
Make Way for Chainium
There is no doubt that the blockchain is a technological marvel and that ICOs have had a massive social and economic impact, however, the power of ICOs is limited to, as the name hints, coin offerings. There are plenty of ideas out there that do not have the need to build on the blockchain and so do not, or rather, cannot issue tokens.
That’s where Chainium steps in.
Chainium is an intuitive solution that allows businesses to digitize their equity via smart contracts. The company is building a blockchain optimized for the needs of their ambition. They intend to develop something that can process massive sums of transactions and incredible speed to fulfill the needs a financial services tool, of the scale Chainium is eyeing, would need. Additionally, Chainium allows businesses to sell equity on their platform for both fiat and cryptocurrencies.
With Chainium, benefits await business owners and investors.
Services offered to investors
- Chainium helps investors purchase shares directly from investors, without the involvement of any middleman service. This creates efficiency and lowered processing fees, benefitting both sides of the equity issuance.
- Chainium offers investors a platform designed to be a secondary market for purchased equity.
- Investors Gain access to investment opportunities that were never possible in the past.
- Chainium provides convenience by offering in-built analytical tools and easy search mechanisms for finding suitable investment opportunities on its platform.
Services offered to business owners
- Business owners, first and foremost, get access to a platform that allows the means to raise capital unlike anything else.
- Gain access to capital raising services without having to face burdens fees or red tape.
- Sell shares directly to investors and keep record stored on blockchain.
- Sell shares regardless of whether the business is listed or unlisted.
Chainium intends to develop a permission-less blockchain which fosters an ecosystem where anyone has the opportunity to pursue their dreams by raising capital from a vast global market on an open and easy-to-use platform.
Understanding the Needs of Businesses
The team behind Chainium understands that start-ups and small businesses often opt for middleman as they provide clear knowledge and a pathway to raising capital. However, Chainium nullifies such needs as it has built-in operations to ensure user needs are satisfied. It offers an intuitive UX with which businesses can share equities under various formats or conditions that suit their needs.
Businesses will have the opportunity to decide where and to whom, as per certain classifications, do they want to issue stock. The company understands that many businesses do not and cannot afford to have financial analysts so it leverages AI to offer valuation of business and shares. Businesses also get an enterprise-level solution for communicating with investors, issuing investor rewards, and financial reporting.
Additionally, the platform intends to be open source and that allows developers to add on to the value that Chainium will be offering. Businesses and investors that seek a more personalized support will be able to utilize aid from third party developers.
The Need for CHX Tokens
Since Chainium is offering a public token sale, its token clearly has a purpose. However, since the company wants to make the process of raising funds as easy as possible, neither investors nor businesses are forced to use CHX tokens as an entry point to Chainium.
Instead, CHX tokens are used a security measure. Businesses must offer 1% of the amount they seek to raise as collateral in CHX tokens which can only be relinquished once the business buys back all issued shares or goes bankrupt, in which case the collateral is distributed among investors.
The other purpose that CHX tokens serve built into the Chainium business model, which is somewhat of freemium model derivative. The platform is free to access; however, additional services can be bought. Chainium sells these services to both investors and businesses, and the services primarily revolve around offering advice and analysis.
The final value CHX tokens will serve will be to provide access to third party entities to either access Chainium data feed, and to collect fees from external developers aiming to develop apps with the Chainium API.
Chainium is a new blockchain service that will revolutionize the equity markets. Its ICO goes live later today.
🌐 Website: https://www.chainium.io/
💡 Whitepaper: https://www.chainium.io/uploads/files/Chainium-Business-Whitepaper-v3.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2491608.0
💻 Telegram: https://telegram.me/chainium
Twitter: https://twitter.com/ChainiumIO
Facebook: https://www.facebook.com/chainium.io/
Medium: https://medium.com/@chainium
Connect with me:
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
https://steemit.com/@hatu – Follow for a new ICO analysis every day!
Twitter
Telegram Group – Keep up with ICOs
.
Financing is a serious problem ( ... I signed up and voted forward to reciprocity)
Thx for another informative post. Easy to read.
Please continue up with creating interesting content - it may be hard at the beginning to build reach and solid followers base.
Steemits needs solid content builders so just dont ever give up! :)