Unleashing the Potentials of STOs
Crypto investments are just as exciting as they are infuriating. On the one hand, you have the opportunity to connect and be a part of groundbreaking developments with the shortest ROI and nary a barrier to entry. On the other hand, there’s just not enough time and resources to sift through the sea of ICOs. Of these ICOs, 55% of those launched in the second quarter of 2018 failed to hit their crowdfunding target, some to devastating outcomes as they vanished with both the dreams and funds accrued. Majority of ICOs have now extended their token sale dates in the hopes of either attracting funds from new investors or the market turnarounds to encourage old investors to invest more. Most have even gone a step further by releasing MVPs to showcase their potentials, an unprecedented development considering that 90% of the $5.6 billion raised in the previous year was based on a few pages of text only.
It’s all Block(chain) to me
Interest in blockchain technology continues to grow and its inherent ability to disintermediate and decentralize the exchange of values continues to be a key innovation driver in the FinTech sector. Despite this, ICO continues to fall well short of its industry-leading potentials to drive funding and investment for startups. A lot has been said about the often murky and duplicitous ICO landscape. However, a large number of investors don’t even make it that far to start worrying about navigating this land. They hear words like “private and public keys, gas and transaction fees, hashes, burn, and salts” hurled at them and simply take the scenic route back home, back to a world that hasn’t forgotten how to speak plainly to all.
For all its groundbreaking development and revolution of the financial industry, transferring values on the blockchain is often not the easiest of concept for those just coming into the industry to grasp. We can praise its decentralized nature and how its ushering unparalleled accessibility and security in the exchange values. But when it comes to explaining how the protocols powering this feature works, it all becomes a tower of Babel. Smart contracts have come to disintermediate the exchange and transaction of values, reducing the cost of engagement, and eliminating the need to establish trust before any transaction. But explaining the setup and logic of these contracts to certain investors demographic who can’t be bothered to get on social media, the pitch starts to unravel. Yet, the blockchain without any of these features is no different from any other ledger system and without the blockchain, this emerging ICO industry (now worth over $11 billion) will cease to exist.
To address this problem and bridge investor’s access to high-quality blockchain offerings, CentrumCoin has developed an innovative investment hub for bringing investment opportunities to the fingertips of the global community through its token, CentrumCoin (CCC).
Not Just Another ICO
Just as the blockchain redefined financial values, CentrumCoin is redefining how investment opportunities on this groundbreaking technology are made available and accessible. Its recent development is positioning it as the world’s first centralized STO and ICO hub running on the blockchain, governed by smart contracts for the highest level of mutual trust, security and transparency token issuers & investors can find.
CentrumCoin is building the largest, globally-compliant, blockchain hub. This hub will seamlessly connect blockchain innovators, investors, authorities, exchanges and regulators for transparency-based engagements. The team’s global-spanning experience in venture capital, investment and accelerator program management, blockchain development, crowdfunding, and digital marketing, gleaned from working with industry leaders such as Deloitte, Ethereum Foundation, and many more, is set to evolve STO as the driving tool for funding innovations through the blockchain.
