Initial Coin Offering (ICO) Services

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Trying to raise capital in the traditional method can be cumbersome with a lot of paperwork and a lot of nooks and crannies to fill. Hence, a more advanced way of overcoming such is to take the assistance of the more advanced financial transactions or ICO services. ICO or Initial Coin Offering raises funds for a cryptocurrency operation in an unregulated way. Or An ICO is a fundraising tool that trades future cryptocoins in exchange for cryptocurrencies of immediate, liquid value.

FINANCIAL TRANSPARENCY


In the real world, securing funds mean approaching investors and venture capitalists which means giving away a share of their equity to them. In reality, what companies want was/is to get a lot of funds without giving away equity and ownership. The only way that they could do that was by going public or maintaining transparency. Such probable method made people wonder of the possibilities and what would happen if they applied the same concept? Hence blockchain technology became involved giving birth to the concept of ICOs.

Blockchain and ICO services in simple terms give consumers and merchants an alternative method for conducting transactions. The end result is a workflow which is exceptionally strong and people partaking in it not worrying about data security. Reminding us yet again that the rise of Blockchains was the high profile data breaches that frequently occurred amongst merchants and consumers at major financial institutions. There was hence a growing concern of the trust factor.

Most digital transactions over the web are still done using credit cards. Which mean the involvement of centralized banking and credit card processing system under scrutiny. ICO services in contrast make it possible to perform financial transactions over the web in a secure and decentralized way. Everyone participating in the Blockchain can audit and verify each transaction in a cost effective manner.

ICO services are generally broken down into two types; they are securities which are asset backed and utility tokens. The former means that you have something physical and tangible to back up. The latte, the utility token are used primarily to acquire goods and services within a micro economy.

The Blockchain and ICO services WeCart Online Solutions provide service where your digital transactions will be completed faster and more secured than traditional financial systems. To find out more about the ICO services we provide, contact us at WeCart Online Solutions.


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