InoCoin is a decentralized cryptocurrency built with the sole purpose of helping prospective new businesses find funding. InoCoin was coined by the idea of
connecting investors and startups in order to facilitate investments and improve technological progress.
Unlike most other platforms, it is also a universal payment tool, apart from investing in and funding various projects it will also act as a currency that allows people to take advantage of the innovations which are being developed. It provides transactions many times quicker and cheaper.
INO is an utility token that will be the future of crowdfunding. After investing INO you can receive smart services and all kinds of products from the projects you support. The main objective of InoCoin is to draw in a large pool of funding applicants and pick the ones who prove they deserve the investment.
It gives every person the opportunity to be a successful investor, whereas a classical banking system limits investment options to just a small circle of well-funded individuals. Every successful startup is a win both for investors and for InoCoin. They are many coins in the Crypto market but InoCoin is unique coin which gives boost and funding to change new ideas to reality.
In this project, every activity is carried out in the Inocoin global platform. It is this Inocoin global platform that will serve as the meeting place for young entrepreneurs and investors. This global Inocoin platform has several features that enable interaction among participants in the Inocoin community.
The platform is very easy to navigate and designed with features that meet the needs of this innovative project. Two very key features used to determine which ideas are viable and worthy of investment are the "like" and "boost" button.
The like button is used by the community to vote on which ideas among the ideas submitted should be financed. The ideas are usually assessed by each member of the community and they vote on it by clicking the like button based on their assessment of the innovativeness and profitability of such idea.
This voting on an idea occurs every three months when Inocoin has been redirected by the managerial team to fund a new project. One very awesome thing about this is that, it is only members of the community that can vote on an idea based on their assessment of its profitability.
This means that, there'll be no outside influence in determining the viability of an idea for investment. The other key feature of this platform is the "boost" button. This button allows investors to fund projects on an individual basis with no limit as to how little or how much is invested.
Each project on the platform details how investors can benefit from them and the investors choose on which project to invest on and how much they want to invest on the particular project without any external or internal influence.
The Inocoin platform provides every single individual an opportunity to be an investor and innovator regardless of age or status. It doesn't set any limit on how much each investor can invest. It just outlines the benefits on investing on any choosen project and allows the investors to decide.
This feature distinguishes the Inocoin global platform from other crowd funding platforms. This Inocoin platform is powered by a cryptocurrency known as Inocoin. This is the utility tokens that will be used to fund projects and services in the Inocoin platform.
This Inocoin can also serve as a universal payment tool. Every investment that will be carried out in this platform will be done using this token.
Like I mentioned already, this platform is based on the ERC-20 token, and it is an entirely different token from the conventional tokens that make ICO. It is a utility token intending to create paths to the future of crowdfunding, this token will also act as a universal payment tool.
This special innovation in the blockchain platform won't be making ICO, they intend to list it on the largest markets, hence giving all equal opportunities to be part and parcel of this bright and captivating ideas. The inocoin token can be exchanged at token store and exrates at the current market rate of 1INO=$0.6.
More Information & Resources:
InoCoin website
InoCoin Platform
Github
Reddit
White Papers
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