This ICO is ane of iii upcoming crowdsales on the OpenLedger platform that volition reportedly convey mainstream attending to the ICO method of fundraising, according to the decentralized conglomerate.
Apptrade: ‘The Stock Market of Apps’
Apptrade, calling itself “the stock marketplace of apps,” presents a novel agency for app developers in addition to publishers to heighten funding for their projects. According to a press release, the platform volition allow developers puddle resources that everyone tin hit the sack role every bit “collateral to attract funding.”
In return, each app benefiting from the puddle contributes a constituent of its earnings to a shared reserve. Held on a blockchain, OpenLedger said that Apptrade’s resources come upwardly amongst “standardized regulatory features,” which it said volition brand the app attractive to institutional investors
Furthermore, amongst its large fix of analytical tools, OpenLedger said Apptrade volition allow speculators “to easily rail the monetary trajectory of portfolios.”
“Apptrade’s Featured Public Offerings in addition to digitally shared reserves make got the potential to transform the App investment marketplace inwards the same agency every bit ICOs make got transformed cryptocurrency investments,” said Ronny Boesing, OpenLedger CEO.
“Apptrade’s corporation is an project design inwards investment finance, ane that could make got a massive send on on the hereafter of fundraising.”
Apptrade announced its ICO at CoinAgenda final week. Developers volition offering an Apptrade-specific token inwards the crowdsale, which gives holders a 10 percentage stake of the app’s marketplace value in addition to hereafter revenue.
“We make got the backing in addition to back upwardly of [Boesing],” Apptrade founder Daniel Pineda said. “OpenLedger has built the marketplace for smartcoin creation.”
Do yous intend this projection volition make got a successful ICO on OpenLedger? Will it actually attract institutional investors? Let us know inwards the comments below.
Images courtesy of Apptrade.