It will take 7 days for a blockchain project from launch to “Get listed”, while for a traditional Fintech company, from the creation to go public takes at least 7 years! Issuing tokens is 365 times faster than issuing stocks!
Since the creation of tokens and its underlying technology-blockchain, the conventional financing industry has been disrupted, token offering has become a more efficient securitization method. More and more emerging companies choose to move from the ownership structure to token system when it comes to fund raising. For example, Eth, EOS and NEO, they are the start-up projects all achieved the financing target through the token issuing. In a mature equity market, such as Shanghai stock market may list about 160 new shares, but the blockchain industry which is still at an early stage, has created more than thousand of tradable tokens within six months.
There are at least 100,000 fast growing, with high profit companies in China who are seeking to go public, nowadays the token issuing provides an alternative for securitization and probably spurs their growth. Therefore, the market size of tokens may be ten times larger than the overall stock market!
However, as an innovative technology, the learning curve of blockchain is steep, this technical barrier impedes the development of both new project and existing project. They are facing two major issues:
Wallet development
Liquidity of tokens
Assuming that a Fintech company wants to expand his business based on blockchain, it may need to integrate blockchain wallet inside its products, enabling users to store and make the payment in tokens. If this company decides to develop its own wallet, firstly, it may need to recruit blockchain engineers who are hard to find and extremely well compensated; secondly, you have to take into consideration the time ranging from months to a year; thirdly, even though you have a wallet in hand you still have maintenance costs and salaries to pay. Last but not the least, after the token issuing, the company also needs to stimulate the transaction activity, to improve its liquidity, while crypto Exchange offers a straightforward solution, the high cost of listing discourages most of projects.
What if one company was able to provide an one-stop solution to resolve the above mentioned two problems and greatly reduce the threshold for the use of blockchain technology? OneChain is one of, maybe the first of this kind of company. It has a well-developed wallet functional module, allowing external plug-in, besides, its decentralized exchange charges small fees but provides a high liquidity for the tokens of your project.
OneChain open platform dedicates to provide blockchain developement services for commercial users and reduces the gap between the Fintech world and blockchain gate.
ONE Dapp: the first application integrated wallet+decentralized social media+decentralized exchange, since its mannet launches on January, it is now on version 2.0!
With ONE Dapp, you can now uninstall 80% of the crypto applications, please download our app and figure out its features.
Dapp download link: http://app.onechain.one/appstart_en.html
(To be continued)