Around nine months ago, I wrote an article about a blockchain DApp based on investing in startups. You can read that first article here. https://steemit.com/blockchain/@berolena/ever-wanted-to-be-an-angel-investor
Why is this important for investors in Godzillion? One of the attractions of this platform is the ability to liquidise funds quickly. That is, to be able to sell your tokens if you need to. To do that, you need a place to buy and sell which is where exchanges come in.
One of the drawbacks for any new cryptocurrency coin/token is the cost of being listed on the largest of the exchanges. So unless a DApp has budgeted for huge fees to be listed on the largest exchanges (which is perhaps not what investors would want) they start out on smaller exchanges because this is cost effective (shows they’re taking care of the finances) and provides that liquidity.
Godzillion is listed on Etherdelta.com and Bleutrade.com
https://etherdelta.com/#0x61d0407edb149dc453c47fe31139fae9c1472da6-ETH
https://bleutrade.com/exchange/GODZ/BTC
It’s also listed on its own exchange at https://dapp.godzillion.io/#
There’s exciting news coming up in the next week or so, their first start up is being launched and voted on. This means that unlike many other DApps, Godzillion is beginning to deliver on its promises. As it says in their article, there is another five startups in the process of joining the platform which will give GODZ holders the chance to vote on and invest in six businesses.
Godzillion is based in Chile and has been working hard with local (Chilean) companies and attending events to demonstrate the platform. They have also reached out to other organisations in South America and Spain.
You can read a more detailed breakdown of their achievements here but suffice it to say, there are more start-ups in the pipeline.
https://blog.godzillion.io/what-has-been-happening-1f34b6a42a0d
To recap, on Godzillion, the token holders vote on whether a start-up is funded. Voting earns you tokens, regardless of whether the startup gets funded. A win-win situation. Unlike buying and selling ordinary shares, this allows you to invest much smaller amounts, so you can spread your investments more widely. You then have a similar advantage to hedge funds, just on a micro level.
This platform then is progressing, is delivering and will hopefully help both small businesses and small investors to enjoy some of the benefits only previously available to people with money, a lot of money.
