Belfrics Launching the Belrium ICO on 8th September 2017

David Gitonga
Aug 23, 2017 · 2 min read
The Belrium ICO launches on 8th September 2017 with investment opportunities starting at 0.005BTC

After a successful Bitcoin Exchange launch in Nairobi, Kenya, Belfrics Global is looking to launch an even more successful ICO.

This initial coin offering (ICO) will allow public investment into the first Know Your Customer (KYC)-compliant blockchain developed by the company. The blockchain allows for a secure, private, personalised, and decentralized ecosystem that is free of theft and hacking. It is one-of-a-kind blockchain set to revolutionize blockchains by offering a transparency platform fit for businesses and enterprises.

During the Belrium ICO, Belfrics will issue the Belrium token or BET (Belfrics Exchange Tokens), an ERC20 token developed on Ethereum. The ICO will last for one month only. One Bitcoin will be allocated 2000 BET during this time period.

Why the Appeal for ICOs?

ICOs have become huge investment opportunities for early investors in crypto currencies. These offerings have seen the ICO market grow to a $380M industry in just one year. The appeal of ICOs has largely been attributed to its international appeal to the fact that early adopters and investors will actively work to educate and spread awareness of the project due to the additional incentive of a gain on the value of the coin asset.

Unlike IPOs, where investors purchase equity or security, ICOs are tokens, essentially, an entirely new asset class. Another difference is in their liquidity. Tokens, like gold or public stocks, they can be liquidated anytime.

Crypto currencies provide more incentives to members to grow since they compel developers to work together to create new ecosystems for digital services. These services are compelling for consumers, and fair and lucrative for developers, which makes ICOs all the more attractive.

If you’re looking at investing in cypto currencies the BET coin, here’s more info:

https://www.belrium.io/belrium.php

Check out the Belfrics Global Exchange Kenyan launch that took place in July 2017 below:

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