MLM Vibes with its cutting edge technology and in house experts now brings to you MLM software that explores the full power of decentralized technology for your MLM business.
MLM Vibes with its cutting edge technology and in-house experts now brings to you MLM software that explores the ful…our MLM business.
Here we discuss the paradigm shift of investment in the context of decentralized applications. Decentralized technology has now rooted its feet in the market and it has been widely accepted as a new generation investment option.
The wide awareness among the people and acceptance has opened doors to multiple opportunities. Let us now take a look at the current situation around crowdsale and ICOs and how they have changed the investment scene.
Bitcoin Grabs Attention
However unbelievable it may now look Bitcoin too had a humble start and it wasn’t even an investable asset at that time, raising funds from it was out of the question. In those days there were no exchanges, and the only way to obtain Bitcoins was through mining.
In 2010, the first exchange BitcoinMarket.com appeared, and only a few months later, Laszlo Hanyecz made the first real-world transaction when he bought the infamous pizzas for 10,000 BTC.
Bitcoin then gained popularity and saw a sudden rise in its price and demand. It then became one of the most popular and sought-after investment options.
It then opened doors for the new promising opportunities.
In 2013, the first initial coin offering or ICO appeared. Mastercoin raised 4,700 BTC ($5 million at the time) in Bitcoins in exchange for their tokens.
The Rise of ICOs
For the first time in history, we could see a cryptographically secure way to prove ownership of an asset available for pretty much anyone & everyone in the world. This decentralized ledger opened a pool of opportunity for companies to store shareholder registries on the blockchain.
Initially, companies and projects like Mastercoin were performing crowdsale and storing information about contributions and ownership on the Bitcoin blockchain. Then Ethereum came into the picture that further expanded capabilities by enabling token issuance and allowing you to collect funds via a smart contract.
Ethereum opened the floodgates and popularized this new fundraising mechanism, the initial coin offering (ICO). Ethereum itself ran a successful fundraiser in July 2014 through an ICO and obtained 31,591 BTC which at the time was worth $18.4m.
Since then, over the past four years, there has been an incredible growth in the total amount of money raised by projects (decentralized and not really decentralized) via an ICO.
Another plus point being, it helped projects raise a small amount of money from a big number of highly engaged individuals. Unlike traditional investment opportunities available to retail investors, here you could invest in a project at the initial stage.
You don’t need to know the founders or angels or have any particular connection to invest in it.
Investments were democratized. However, there was a tradeoff. Everyone could invest in high return investments early in the project.
Considering the high rate of return and growing popularity it is only advisable to invest in cryptocurrency and earn a lucrative return.
With the benefits and abundant opportunities that the decentralized technology has to offer, how you tap it for your MLM business is the real challenge. MLM Vibes does that for you and gives you MLM software that explores the complete potential of decentralized technology and MLM business.
To know more about us log on to www.mlmvibes.com and drop us an enquiry. We will get back to as soon as possible.
Category: Business SoftwareCompany about: MLM Vibes is one such leading MLM software solution that is available for business companies across the world. MLM Vibes software gives you the best solutions for you to integrate the best and unique features to give your business a required boost. We are not just someone you hire to do a job but we understand the nerve of your MLM software requirement and work in sync with your needs to achieve your MLM software goals. So with our proactive approach we solve the challenges for our clients in th ...
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