ICO - Creating an economy

It’s a new era, Entrepreneurs are creating economies.

Until now entrepreneurs developed companies choosing business models that had the potential for a good income - customers would pay for a service, or a product, or sometimes the traffic in the business was the base for monetization.

Now, with blockchain technology, A new kind of entrepreneurship is available: Creating an economy!

The ideal model should be designed in a way it offers a p2p kind of business, Giving its users the ability to transfer value to each other directly, without an intermediary. Transferring value in the ecosystem will be done with the token created by the model.

So who gets what?

The users - They get the main advantages offered by a blockchain technology based business, It’s secured, fast, trustworthy, and cheap.

The investors - They own a token which is the currency in this economy. The token is being used to transfer value, So the more users and the more transfers => the more demand for the token, hence, its value grows.

The entrepreneurs - They get what the investors get… and the joy of creation :)

If you’re considering an investment in an ICO or be part of one, Ask yourself, How does this model creates an economy? How will this economy thrive? Answering these questions will help you make a better decision.

(Of course not only ideal models will succeed, There are more models that can join the trend, and will profit from part of blockchain advantages they chose to use)

Any thoughts?