This is the era of innovation, the digital age. More and more start-ups are seen budding. Aspiring entrepreneurs are taking efforts to turn their start-up dream into reality. The most basic financial system for them is either to choose Venture capitalists who will risk their money in exchange for company equity or invest in Initial Coin Offerings (ICOs) that have attracted a lot of attention with a market capitalisation of over $ 250 billion (via coinmarketcap).
So, the main question — Should they pursue traditional venture capital with its predictability and limitations or turn to ICOs where there is quick money and volatility? …
Here’s Why August 927 is the Project to watch in 2018
The 2017 cryptocurrency market was one of the most unpredictable, with hundreds of startups looking to make their mark in the volatile Blockchain industry. Investors have now focused their attention on highly publicized and established virtual currencies such as Bitcoin and Ethereum. It’s no longer enough to have real estate in your portfolio; crypto has become the way to go for many investors. However, there is one problem with investing in crypto. How do investors know how to get the best deals in ICOs/TGEs? …
Launching an ICO/TGE This is what you need to know (and how August927 can contribute to your success)
You want to join the list of successful crypto/blockchain based firms. You have done the work. You have scouted possible investors, worked every bug out of your token’s programming and come up with a highly differentiated product. What you need is an ICO/TGE to get your tokens in circulation.. Sounds easy enough, doesn’t it?
Research in the past has shown that many crypto/blockchain startups fail or “semi-fail” because they launch under the assumption that an ICO/TGE is just another step in the growth process. However, just like with an IPO, an ICO can make or break a cryptocurrency. Crypto developers need to remember this fact as they prepare to open their firms to the public. Thinking of launching an ICO? …
Blockchain world and August 927’s stance on it!
First of all, let us understand the concept of blockchain in some simple steps.
Step 1: Someone requests a transaction.
Step 2: Requested transaction is broadcast to a network of computers, known as nodes.
Step 3: The network of nodes validate the transaction and user’s status using some known algorithms. A verified transaction can involve cryptocurrency, contracts, records or other information.
Step 4: Once verified, the transaction is combined with other transactions to create a new block of data for the ledger.
Step 5: The new block is then added to the existing blockchain, in a way which is secure, permanent, and unalterable. …
August 927 — Sneak Peek into Next-Gen Venture Capitalism
Let’s start with understanding what venture capital actually means. “Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential”. August 927 is a decentralized funding source platform for start-up ICOs and Blockchain companies. August 927 focuses primarily upon Market Value Assurance, where the term encompasses creation of value for all stakeholders: shareholders, employees, customers, suppliers, partners and society.
So basically, August 927 platform conducts the due diligence phase and the vetting process. In this phase, the assessment of an expected value of the ICO can be supported by the complete evaluation of the principles, methodology, transparency and integrity that the investigation phase of August 927 determines.
August 927’s aim is to raise funds from ICO, to develop a decentralized secure eco-system which will empower every individual to create & build crypto-assets by participating in fundamentally strong projects & investing in different cryptocurrencies. Their competent team will research, approve & invest in fundamentally strong real life projects which are looking for crowd-funding and feel that raising capital with ICO would be of benefit to them.
August 927 will have management of tokens purchased from 30% of the funds secured through the August 927 ICO, in the form of the tokens called August Tokens. These funds are to be used to purchase a portfolio of other tokens to invest. These will be primarily used to provide a base for growth of the tokens, not per se as ready and liquid funds. August 927 will have 50% ownership (share) in the selected ICO. 10% Airdrop will be given to August Token holders. All the transactions will be in August Token only and not in any other token or coin.
Here is the breakdown for the Panel members of August 927:
● 35% of the Panel Members will be from Blockchain development space
● 35% Panel Members from Cryptocurrency and ICO industry
● Remaining 30% will originate from various industries, such as venture capital, legal, share market, marketing experts, production management, banking and non-banking sector, or I/T development.
August 927 Platform will give panel members 5000 tokens to join the platform as advisors. All panel members will have the right to suggest a concept to the platform. An individual panel member can submit more than one concept. When this happens, the other panel members and stakeholders will vote on both concepts and the highest voted concept will be eligible for funding from August 927 Platform.
How do token holders benefit?
● August gets 50% share in new ICOs which translates into wealth creation for August token holders.
● Transactions in the new ICOs will take place in form of August tokens only. …