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What is the process of blockchain crowdfunding (how blockchain issues coins for crowdfunding)

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What is the process of blockchain crowdfunding (how blockchain issues coins for crowdfunding)

According to 360 blockchain news, the first national equity crowdfunding platform, “Zhongzhengtong,” jointly initiated by Shanghai Wanxiang Holdings Co., Ltd. and Zhejiang Crowdfunding Investment Management Co., Ltd., will be launched on February 10, 2020. In terms of crowdfunding process: the first step is registration; The second step is to apply for company qualification certification and complete the work of changing the business information of the enterprise. The third step is to fill in the filing information and relevant proof materials (such as the original and photocopy of the ID card); The fourth step requires submitting documents through the initial account. Finally, it is necessary to go through risk control review and issue an invoice

How to use blockchain coin crowdfunding

Blockchain coin crowdfunding is currently the most common method. Crowdfunding is the use of tokens to raise funds within a community and promote project development by issuing tokens The essence of crowdfunding is a way to create a negotiable and usable currency system for individuals, businesses, or organizations, allowing people to freely raise funds and receive rewards in the form of tokens Blockchain technology has been developed for decades now, and there are more and more innovative methods available, such as decentralized crowdfunding platforms, which can help more people participate while reducing risks and improving efficiency. And this includes a digital asset trading market based on smart contracts. By selling tokens through this platform, more investors can access various opportunities brought by this new financial ecosystem So how to use blockchain to issue coins? We can do this in the following two ways:

First, lend the token to others (such as the Cryptocurrency exchange) The second is to use tokens for investment; Thirdly, using tokens as funds Fourthly, securities settlement services provided by banks and other financial institutions that provide custody services to some traditional institutions

Five are tools developed by these companies themselves for token management and payment.

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