Beyond Trading: Cryptocurrencies to Finance Real Projects
Did you know that cryptocurrencies are not just for trading? 🧐
A real and innovative use case is financing projects through the issuance of "tokens". This is known as ICO (Initial Coin Offering) or STO.
How does it work?
A team creates a digital currency for a project (e.g. a video game platform or a data storage network). Then, they sell it to the public to raise the necessary funds.
Benefits:
Global Access to Capital: Anyone in the world can invest.
Transparency: Transactions are recorded on the blockchain.
Ecosystem Creation: The token incentivizes users to interact with the project.
This model represents a powerful alternative to traditional financing, driving innovation in a decentralized manner.