The InoCOIN Project - The Future of Crowdfunding
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Crowdfunding is the practice of funding a project or venture by raising money from a large number of people who each contribute a specified amount via the internet. This is done in order to give young entrepreneurs and start-ups with innovative ideas the opportunity to get their ideas started. But the processes in the current crowdfunding system are usually tedious and not everyone is given the opportunity to invest in it since most crowdfunding platform specify a minimum amount that can be invested. But the InoCoin project has come to change all that.
What is the inocoin project about?
Inocoin is a brand new technology for securely transferring money between anonymous peers. This project was initiated by a company known as the innovation invest company limited. The main purpose of this project is to help young entrepreneurs and start-ups to secure financing and develop their ideas. The technology also simultaneously enable anyone to become an investor and earn returns on their investment. This project is all about bringing individuals with innovative ideas and investors that would want to invest in such ideas under one platform known as the inocoin global platform.
How Does This Inocoin Innovative Project Works?
The Inocoin project is going to be carried out on the Inocoin global platform. This platform will serve as the meeting point for investors and individuals with creative ideas. The major currency of this platform is the inocoin. The inocoin is the cryptcurrency that will be used as payment for services and transactions across the platform.
This inocoin platform has several features that makes it unique and different from every other crowdfunding platform. Two very unique features that makes this platform stand out from other platforms are the "like" and "boost"buttons. The like button is used by members of the incoin community to vote on which idea or project should be financed. Once an idea is submitted by a participant with every detail of the idea given, the inocoin community will scrutinize the idea and will vote individually on the idea whether it is worth financing or not. Take note that the inocoin community is a mix of professionals, thus only the best ideas with high economic viability are likely going to get the community vote.
The other key feature is the boost button. This button is used by the investors in the inocoin community to fund a project on an individual basis. This means that once a project has been chosen by the community, investors will be presented with such project and every detail about such project for them to invest on it. One very awesome thing about investing on an inocoin selected project is that there is no limit to how much an individual can invest and anyone can be an investor regardless of age or status. Every project has their benefits listed, thus an investor will have a lot of information at his/her disposal in determining how much or how little he/she should invest.
The inocoin platform is also highly secure, using smart contract to secure transactions and block chain technology. This project is very laudable and it will cause great change in the crowdfunding market. To get more information about the inocoin innovative project, click on any of the links below:
https://steemit.com/inocoin/@inocoin/inocoin-steemit-contest-90-steem-in-prizes-bounty