 Until mid-nineties, internet seemed to be complicated network meant to be used exclusively by academics, No one predicted the disruption it would create in society. Today Block chain, the technology powering bitcoin too seems like computer jargon, but slowly it has started changing world around us. In this article we introduce how blockchain technology is being used in Innovative way by entrepreneurs to raise capital for business using Initial Coin Offering (ICO) The Initial Coin Offering (ICO) is bitcoin technology's daring attempt to replace Wall Street. Rather than exchanging dollars for shares, which usually comes with a claim on profits and voting rights, an ICO sees the exchange of Bitcoin or Ether, (distant rival) for an issuer's newly minted digital currency or digital tokens. In an ICO, tokens are sold to general public, which in turn, provides something similar to equity ownership for the token holders. The selling of these tokens is referred to as a “token sale” or “crowd sale.” Blockchain, the digital ledger behind bitcoin, enables the creation of tokens that have value in and of themselves. According to statistics released by online publication Coindesk, ICOs have surpassed venture capital (VC) funding as a means for raising cash for their startups. Entrepreneurs raised $327 million from ICOs during the first half of this year. ICOs are a win-win situation for investors and entrepreneurs. They offer easy access to liquidity through digital exchanges for the former and enable founders to access a much larger global pool of investors. The key factor driving investment into ICOs no significant regulations issued by government agencies regarding tokens issues or ICOs. With positive response from investors and entrepreneurs alike , We are flooded with inquiries for ICO, said Ken D'souza from IndSoft Systems ( http://indsoft.net/ ), The company that provides technology to setup and manage ICO's. ICOs is most suitable for building long term businesses working on disruptive ideas capable of rapid adoption by consumers. As enthusiast, there are few skeptical about ICO's as well. As with all high-return investments, investments in ICOs are riskier. It is wise to never commit more money than you can afford to loose. It is important to understand that buying into an ICO is not the same as investment in stock market. When you buy stock, you literally buy a piece of the company. Similarly, stock is regulated and compliances and accreditation are involved. Legal infrastructure may come to cryptocurrencies eventually, but now its an unregulated market. Still, with proven demand and interest from both entrepreneurial and investors and limited regulatory guidance, ICOs could continue to gain steam as a fundraising mechanism. Contact:
Charles D. Holbrook
Company: Initial Coin Offering
Address: 4328 Loving Acres Road, Fort Worth, TX 76102
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