There is a long list of cryptocurrencies in the market already but GARNET coin is likely to be one of the most attractive additions. Garnet coin stands out from other coins by virtue of certain key characteristics that define it. Like most other coins before it, the GARNET coin has been introduced into the market as an initial coin offering (ICO). Notably, ICOs have become a common mode of raising funds for startup companies in the blockchain space. Moreover, besides being effective channels of raising funds, ICOs present lucrative investment opportunities for potential investors. Essentially, investing in ICOs means investing in an idea and not a working business model in practice. Some of the startups, however, engage in ICO crowdfunding having proof of practicality of their business model. So what makes the garnet coin ICO worth investing in?
The garnet coin ICO
Notably, the garnet coin is the first cryptocurrency based venture fund. Additionally, it is managed by various experts and individuals who are well versed in the venture market. One of the key features that makes an ICO attractive and in this case the garnet coin is the supply of the coins. Considering the adverse effects of excessive supply, having a hard cap on the supply is essential. Garnet coin is a total supply cap of 200million coins. Thus if garnet coin attracts mass adoption, investors need not worry about value dilution by virtue of excess supply.
Another key feature and advantage pegged on the garnet coin is the fact that the business model is a simple revenue model based on investments in Real Estate startups. The incomes are projected to be as high as 320% of the investments annually. While most coins bring returns to users only if they are traded on exchanges, holders of the garnet coin will be able to enjoy dividends as well. Moreover, the team behind garnet coin has sought compliance with SEC and MAS to avoid any form of legal retribution.
Garnet coin pillars
Garnet coin had not featured in the cryptocurrency scene until early this year. However, it is built on pillars that make an investment in it even more plausible. One of these pillars is easing accessibility into the venture market. While conventional venture markets often benefit investors who can commit at least $500,000, the garnet coin will allow investments of as low as $1. The second pillar is essentially the strategic positioning of the team members that allows them to distinguish between a legit and a fraudulent startup. This will guarantee investor from committing their funds to scams. The third pillar is the ease of accessing one’s funds. Ordinarily, with conventional venture markets, the investors have to wait for years before enjoying any returns. With the garnet coin, however, the investor can sell off their shareholding by disposing off the coins through available exchanges.
Few days to go, there is still ample time to get involved with GARNET coin. However, one must do so if they are convinced that the risk is well within their appetite and that the business model is viable based on their evaluation.