MSMECOIN: THE REVOLUTIONARY INNOVATION FOR THE SMES
There is a fundamental shift happening between private and public equities that is fueled by blockchain technology and evolving regulatory environment. India should democratise private investing and work on providing value propositions of crowd financing to SMEs, while simultaneously growing a robust community of retail investors passionate to support the companies of tomorrow. For example, currently, there is a need for the Indian government needs to create a framework for SMEs to apply for crowd financing through initial tokenised equities offering to the public on a crowd financing investment platform.
The number of businesses that use bitcoin keeps increasing every day as more people use crypto for many purposes such as investment and transactions. Despite the crazy volatility of cryptocurrencies, organizations and even countries continue to use crypto.
What is
MSMECOIN
Its a utility token that powers the products and services within the ecosystem, which brings independence as a technology and as a community. All transactions carried out within the MSMEs Ecosystem which is positioned to deploy various P2P applications tailored to the needs of MSMEs in various sector, will go through the MSME Coin directly or indirectly.
MSMEs is a new blockchain ecosystem that is focused on helping micro, small, medium businesses grow. It delivers different products designed to ensure businesses access financing and thrive within a highly competitive market.
Businesses can leverage the MSMEs Academy to learn how crypto works and how to implement it within their businesses. In addition, there’s an initiative program that is designed to meet the needs of different businesses.
Businesses can also access financing from potential investors via MSMEs financing. This novel finance system is built using its Defi product Truss. Truss provides a platform for businesses to receive funding and ensures that investors receive rewards from their investments.
The key component of MSMEs is its utility token called MSMECOIN. The token provides different uses, and businesses will be able to accept it as payment within their online stores. Holders will also be able to access saving and staking services to increase their earning opportunities.
Features of MEMSCOIN
Some of the value that businesses can gain with MSMEs includes.
Improved Payment Processing
When it comes to growing a business, MSMEs is very beneficial as it provides a platform for businesses to accept crypto payments easily. The MSMECOIN is built on the Binance Smart Chain, one of the fastest blockchain platforms in the crypto world.
Businesses can receive payments in MSMECOIN and avoid paying for high fees associated with traditional payment platforms. MSMEs allow businesses to accept payment for products sold and services rendered within a couple of seconds and enable customers to get what they pay for quickly.
Access to financing and funding
60% of businesses attribute their biggest problems to lack of funding or access to finance. This is primarily due to the barriers placed by traditional finance systems that discourage small businesses from seeking loans.
MSMEs has used the power of blockchain technology to develop a decentralized finance system built on its Defi product Truss. Truss provides a platform for businesses to seek and receive funding from investors and ensures that they receive rewards from their investments.
Businesses will also access different financial products like saving and staking to increase their earning potentials.
The MSMES platform has another feature that makes every MSMECoin holder a winner. What does this mean and how does it work? All this is due to the fact that holders of MSMECoin can receive awards. This is facilitated by the following functions: launching 22 P2P applications, 90% burning tokens, 10% distribution of income, strategic partnerships, distribution of tokens, as well as the presence of a liquidity pool. All of these are primarily DeFi tools, which have already established themselves as the best for success.
MEMSCOIN Tokenization and Exchange Listing
MSMEs team has continued to make major moves with the native token MSMECOIN already listed on PancakeSwap and centralized exchange Coinsbit.
Businesses can join their ecosystem by purchasing the tokens with MSMEs set to launch more than 20 applications in the coming weeks. MSMEs will also be launching a network system where users can earn rewards for promoting its ecosystem.
MSMEs has already launched a $100,000 bounty program where participants stand a chance to win free MSMECOINs. In conclusion, MSMEs are well-positioned to become significant players in the blockchain space in the coming months.
Conclusion
MSMEs is a new blockchain ecosystem that is focused on helping micro, small, medium businesses grow. It delivers different products designed to ensure businesses have access to financing and thrive within a highly competitive market. BusinessesBusinesses can leverage the MSMEs Academy to learn how crypto works and how to implement it within their businesses. In addition, there’s an initiative program that is designed to meet the needs of different businesses.
