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The First IPO was issued in 1602. In IPO a private company is offering its stocks to public that allows companies to sell securities to the public and get investments. First ever ICO was issued in 2013, that is Master-coin who raised $5M. ICO is a source of raising capital for the start-ups. Corporate or individual investors can invest money to buy tokens of any company if they are satisfied with the programme.
Why tokens are better than shares?
· Well, tokens are created by the smart contract which is a code & is completely calculative. These cryptocurrencies are highly secured and have many inbuild functionalities like profit distribution, minting, token burn, etc. These tokens can also be used as currency and can be of great utility in project. But in IPO shares of a company are provided which have no such functionalities and are stationary.
· In ICO, tokens are set forth with some hard cap & soft cap limits.
Hard cap means company won’t raise more than this limit.
Soft cap means company need minimum this much amount to function and in case if this limit is not reached then all money will be reverted to investors automatically. Therefore, we can say project who have reached their soft-cap are promising projects and even if you made mistake in investing your money in wrong project, it will be reverted in your account automatically which is not the case with IPO. So, my view says ICOs are more secured.
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For any software development, marketing, web development and crypto-development please contact us at [email protected]. Visit us at http://ico-developer.com
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Blockchain, Ledger and its Implementation in Cryptocurrency
A blockchain is a chain of blocks that contain information. It is intended to be used as a timestamp in digital documents so, the people can backdate or change the document at that point. A block chain is the best way to track data because of the way it tracks and record data the blocks are in a chronological formation to make a continuous line. If you make a change in a block. It will not rewrite it instead it will create new a new block with the information about the changes made and the timestamp of the event. It is based on the general financial ledger. It is a non-destructive way track data over a period of time. A block chain is decentralised and is distributed across a large network of computers due to this decentralisation of information the chances of data tampering is reduced dramatically. Second major factor the blockchain being the best way to track data is because, it creates trust in the data, before a block can be added there are few factors or things which are supposed to be in place, first a cryptographic puzzle must be solved thus creating a block. The computer that solves the puzzle shares the solution with all the computers in the network. This process is called proof of work. Thirdly network verifies the proof. If the solution is correct the block will be added into the chain, with all this complicate maths and verification by several computers, we can every block in the chain. Lastly block chain’s biggest benefit; no more intermediaries. While making a trade for something, we don’t like to show our financial status and that’s why use intermediaries such as banks or lawyer to keep our records and status confidential. These intermediaries build trust and can verify the solution and give out a final result even though this process is good. It has a little risk of exposure and it takes a lot of time and money but, the use of blockchains can remove the intermediaries as all the data is verified, safe and recorded in the blockchains.
There are three types of ledger and blockchain is a distributed ledger. A distributed ledger is a database held and updated by an individual entity. The distribution is unique and are not centralised, they are independently constructed and held by every node, every single nodes, process every transactions, coming to its own conclusion and the majority one is chosen.
The block chain biggest use in the modern world is on Bitcoin. It the finance department. The block chain’s boxes store 3 data: to, from and amount. The data is verified by the network. If the data is changed after the chain is made it will show an error as the hash and the data are interconnected so, if one thing changes the other does too. The only reason it shows an error is because the previous hash is changed. The value doesn’t match which leads to an error. The bitcoin is a high-end crypto currency which current value is $7523.98. It uses blockchain method to do all the transaction, deposition and other works. It uses blockchain because of its numerous advantages. The block chain neglect the need for the intermediaries while doing a transaction or deposition. It saves time and it is also more reasonable then hiring a intermediary.
Official Links:
Contact us — [email protected]
Website — http://ico-developer.com/
Facebook — https://www.facebook.com/ICODeveloper-273226416860537/
Twitter — https://twitter.com/BlockchainDeve5
Reddit — https://www.reddit.com/user/icodeveloper
Medium — https://medium.com/@icodeveloper1
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Text
The First IPO was issued in 1602. In IPO a private company is offering its stocks to public that allows companies to sell securities to the public and get investments. First ever ICO was issued in 2013, that is Master-coin who raised $5M. ICO is a source of raising capital for the start-ups. Corporate or individual investors can invest money to buy tokens of any company if they are satisfied with the programme.
Why tokens are better than shares?
· Well, tokens are created by the smart contract which is a code & is completely calculative. These cryptocurrencies are highly secured and have many inbuild functionalities like profit distribution, minting, token burn, etc. These tokens can also be used as currency and can be of great utility in project. But in IPO shares of a company are provided which have no such functionalities and are stationary.
· In ICO, tokens are set forth with some hard cap & soft cap limits.
Hard cap means company won’t raise more than this limit.
Soft cap means company need minimum this much amount to function and in case if this limit is not reached then all money will be reverted to investors automatically. Therefore, we can say project who have reached their soft-cap are promising projects and even if you made mistake in investing your money in wrong project, it will be reverted in your account automatically which is not the case with IPO. So, my view says ICOs are more secured.
Official Links:
Contact us - [email protected]
Website - http://ico-developer.com/
Facebook - https://www.facebook.com/ICODeveloper-273226416860537/
Twitter - https://twitter.com/BlockchainDeve5
Reddit - https://www.reddit.com/user/icodeveloper
Medium - https://medium.com/@icodeveloper1
0 notes