ICO is a "nuclear weapon"steemCreated with Sketch.

in #ico7 years ago (edited)

ICO is a "nuclear weapon"

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ICO is the current Ethereum "killer" application.

1, ICO is "crowdfunding".

2, ICO is a start-ups "direct market circulation."

3, ICO is directly facing consumers, ecological participants.

4, ICO is a natural "MLM", "financial shuffle" tool.

Listing, securitization itself is a wealth "BUG", coupled with no supervision,

is there a better way to make money?

ICO technology was neutral, only to see how people use it.

What do the ERC20 tokens represent for?

The ERC20 token is just a tokens standard issued by Ethereum's token.

A simple blockchain based ledger technology.


What does the data behind the ledgers represent?

The same series of data, can be mapped into real assets, can be the real person, it can be the data itself.
Bitcoin represented by the blockchain 1.0 technology to build the ledger ,

with the low-threshold ledger technology represented by the ERC20 offers many benefits.

The improvement of ledger technology is the change of organizational

forms and the transformation of the relations of production.


What does the ERC20 token represent for?

Can represent the house. Represents money. Representative shares. and many more.

This is a real-world and blockchain system of asset mapping, identity mapping issues.
All ledgers can be used blockchain technology to achieve.

What can ledgers represent?

What are real-life ledgers?

Stock is a ledger.

Currency is a ledger.

Equity registration is a ledger.

Property registration is a ledger.

Claims, copyright, property, marriage registration, ID card,

Almost all of the ownership is ledgerkeeping technology.


Blockchain 1.0 is a ledger technology,

Changes in the ledgers technology is enough to bring about earthshaking changes.

Various registrations can use blockchain technology to improve and increase efficiency.

Contract:

It can be the result of a combination of information from various ledgers.

Such as health insurance contracts.

need to know:

Personal health ledgers,

Personal and corporate identity ledgers,

Financial ledgers for individuals and insurance companies.


Smart contract:

The ideal smart contract can automatically get the information of each account,

After reaching the trigger condition, the content of the contract is executed automatically.


Contract execution:

Execution of the contract is to change the status of the contract-related ledgers.

What are the pros and cons of blockchain ledgers and centralized ledger?

High maintenance costs, multi-stakeholder participation, transparent and open access, global borderlessness and

high data redundancy.


What will the new ledger technology bring?

Blockchain-based ledgers can lead to "programmable, automated execution contracts."

Smart Currency --- Ledger Technology --- Automated Contract --- Smart Market

Blockchain currency is an ecosystem.

This is an ecosystem management.

Blockchain organization is a decentralized new organizational form.


ICO makes ETH the channel of value transfer for new business organizations.

A variety of public chains are fighting for this channel.


Some thought, a little chaos, thanks for voting, subscription, sharing.