The Basics of Revenue Coin
For long periods of time since the invention of blockchain and cryptocurrency, transactions have been carried out online seamlessly and efficiently. Technology has improved lives, and the adaptability of new inventions has made it easier to innovate at a faster rate than before. New inventions are capitalizing on this and are transforming the economic market by creating a trustworthy platform where the creators and financiers both profit.
What is Revenue Coin?
One of these improvements and innovations that are maximizing the world of crypto and blockchain is the advent of revenue coins, the world's first revenue token. This is a medium of exchange for products and services provided by tech startups and the investors who have keyed into the startups and are willing to splash the cash on them.
The aim of revenue coins is to transform how marketing is done on the crypto space, especially for tech startups. Revenue coins are tokens which can be used as currency between innovators and investors in the community.
Why Revenue Coins?
A lot of startups have crumbled due to a lack of financial assistance, or from the fear of being cheated out of their own companies by greedy investors. Before now, the only investors who get to fund startups are those who have large sums, or are corporate organizations such as banks and other giant financial institutions. Revenue coins have come to bridge the gap that has been existing between creators and the funds they need to scale up their startups.
These big companies provide the funds indeed, but it usually comes at a steep price; high interests and asking for shares in the company. Using revenue coins takes away the fear of losing any shares to investors. Once on the platform, funds are contributed to the startup companies and the investors get their returns when the company profits.
The process is done such as an election where the project to be funded is put to a vote. The project with the highest votes by the investors will receive the funds and will commence. By doing this, it eliminates any form of bias towards projects, for it is a clean and transparent affair where all the parties involved cast their votes and provide the funds for the execution of the projects. Each investor has the same voting rights as all the other investors, so there is no veto power concentrated in one place.
Business is a fragile venture, and it hinges on the trust humans have in one another. By providing a community of people with the same goals, revenue coins eliminates any ambiguity over what goals should be achieved. It may be a massive community with lots of people and money involved, but everyone has a sense of direction, and just as important, a sense of unity and belonging.
How does it work?
Revenue tokens is a platform that simply connects investors with tech startups who need funds to scale their businesses to a higher level. This platform provides the much-needed assistance to upcoming tech businesses, so they can break the barriers that traditional business models had erected.
The tech companies with the highest growth potential are identified, and then the funds are raised as revenue capital to begin aiding these identified startups. A monthly 10% of the revenue is reinvested in the revenue coins buyback and burning process. This controls the flow of the coin and raises its value. 50% will be used to support new projects as well as the existing portfolio companies.
Visit the links below for more information
Website: https://revenuecoin.io/
Telegram: https://t.me/revenuecoinENG
Twitter: https://twitter.com/RevenueCoin
Linkedin: https://www.linkedin.com/company/revenuecapital/
Facebook: https://www.facebook.com/RevenueCoin-104150071811029
Instagram: https://www.instagram.com/revenuecoin/
Authors Details
Bitcointalk Username: Blesko
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2642410
Proof of Authentication: https://bitcointalk.org/index.php?topic=5361090.msg58502796#msg58502796
Eth Wallet Address: 0x73Aa4783B9ba68470b17853E8B51E1908007132a