👋🏻 Greetings, reader! In this post, we will tell you about
Believers Reward Offering, a viable alternative to ICOs.
At the moment, there is a problem that the ICO market is becoming more closed. In addition, this method of raising funds by crypto projects like ICO itself has disadvantages, the main of which are:
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Safety investment. How likely is it to receive purchased tokens at a huge discount price. The number of investment pools is constantly growing, and with increasing popularity with a risk to never pay back other investors.
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No real time ICO management. The probability of a simple human error is high since the lists of investors are compiled manually, and some investors will not see their tokens immediately due to a lack of automation creating frustration.
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Lack of transparency. Most ICOs are not using smart contracts to manage the entire token distributions to disclose the exact amounts of Token sold. Investors don’t know how much was raised at the end and how much participants invested.
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Unfair investment rules. There are 3 different stages of sales during an ICO (Private Sale, Pre Sale, and Crowdsale) which bring respectively a specific discount (60%, 40%, 20%).
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Investor Sales Competitions. All investors are getting all of their tokens at the same time with only a short term investment goal. Most of them have the only objective to dump at the all-time high price to take rapid profits impacting the value and the attractiveness of the project.
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Believers Reward Offering (BRO) 🔹 Tozex has developed the Believers Reward Offering (BRO), a viable alternative to ICOs. It is a new crowdfunding facility that allows companies to finance their development by borrowing crypto assets (stablecoins) from contributors around the world. The contributors will receive the payment of interest in the form of TOZ tokens to which is added the payment of a bonus of confidence in the development of the project.
🔹 The “Believers Reward Offering” (BRO) aims to offer a sustainable alternative to Initial Coin Offerings and Security Token Offerings as a new token-based fundraising mechanism. The BRO allows to sharply decrease the pump and dump phenomenon, limit volatility, foster growth by providing equal treatments of all contributors called
“Believers”.
🔹 BRO reward mechanism which is a token stabilization mechanism and a way to encourage its long-term holding by offering an additional reward for those investors who do not sell the tokens and hold them.
🔹 When you combine the use of stablecoin for investment, dilution of token distribution over time and offer a reward for holding, BRO offers a sustainable new way to raise funds without suffering from challenging issues existing with ICOs and/or STOs. Moreover, every contributor who participates in this fundraising campaign will know that which means that project only attracts real believers in your project and not dumpers.
🔹 Like BROthers, we consider that entrepreneurs and investors are part of the same family and have to share the vision of the family’s development.
For more information, check our website
https://tozex.io/ and read our White Paper:
https://drive.google.com/file/d/1m_LdMgz5V654BKv6buBYJOJCEJgNwmLy/view 🔔 Like and share if this post was helpful to you. Do you think that BRO is really a game-changer? Let us know in the comments below! ⚡️