How are Ethereum tokens useful for starting a business?
Oct. 31, 2020, 10:49 a.m.
Ethereum is the second cryptocurrency which is open-sourced decentralized in manner. Also, it's known for its Smart contract Functionality. Ethereum token is the digital asset that is built on the top of Blockchain. These Ethereum tokens are integrate with Smart contracts standard protocols like ERC20, ERC721, ERC1400, ERC 82 and much more., These protocols help the token be more reliable.
If you are in the crypto world, you would have known that tokens make the work simpler and instantly raise more capital. These tokens are used to be in the Crowdfunding platforms like Initial coin offering(ICO), Security Token Offering(STO), Initial Exchange Offering(IEO), Dapp Development, Decentralized Exchanges etc.,
ICO the method of fundraising platform for crypto entrepreneurial projects helps people to exchange their crypto token into ample amounts of capital. ICO was developed from IPO (initial public offering) where the investor gets authorized in the company for the value he/she has provided to increase the capital amount.
So that this tokenization business is very useful for startups and entrepreneurs of the crypto world. If you are interested, start to create your own Ethereum token and start earning…
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