A blockchain is a digitized, decentralized, open record of all cryptocurrency’s, such as bitcoin, trades, and transactions. Always developing as ‘finished’ or ‘completed’ blocks, the latest trades and transactions, are recorded and added to it in sequential order.
With the help of blockchain, the traders in the market can keep a record and track of their digital currency without the cumbersome process of central record keeping. Every node on the network which means every computer or laptop connected to the network receives and downloads a copy of the blockchain automatically.
Crowd next
Blockchain technology fuels a next-generation venture capital which is known as crowdnext. The idea and vision behind crowdnext are to send ripples through the venture capital sector and disrupt it.
They are trying to achieve this disruption by introducing a unique, liquid and well-defined Venture Capitalist fund. The mission of this company is focused on cryptocurrency rather than on normal paper or plastic money.
The benefit of crowdnext is that it has provided access to the Venture Capital to all the investors. This model negates the idea of venture capital being restricted only to accredited or approved investors.
Benefits
Some of the benefits of crowdnext includes:
1. The entire venture capitalist industry is made accessible to even small scale investors.
2. Due to the digital as well as the global nature of the assets, the market will be available and accessible 24/7 to the investor. This will cater to the needs of our digital society.
3. High class information security mechanisms and security equivalent to those of physical banks have been put in place. This is done so that the digital assets are properly and securely stored in multi-sig protected cold wallets.
4. All the trading and transactions will be done in complete transparent mode. This is done to ensure that all transactions are completed in open exchange without the interference from any hidden or unidentified costs.
5. Crowdnext has planned and prepared to launch a Private Sale Crowdnext Token. This token will be inscribed with CNXT. Using this token, the participant will be eligible for the 50% bonus that is exclusively available in Private Sale only.
Crowdnext is one of the most interesting, amazing and most heard of blockchain projects in recent past.
Their idea of giving access to every investor to the Venture Capital market seems to have great potential. In future, we may hear that many startups were possible just because of crowdnext.
