A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Product Protocol, an opensource protocol for crowdfunding/crowdlending campaigns based on digital assets issuing, integration with all business processes, funds management and financial operations has arrived.
"This is the era of blockchain and crowdfunding. This is the era of disruption. The emerging crypto market is comprised of a new and distinct set of investors and entrepreneurs. A new economic ecosystem has surfaced, causing substantial disruptions to the traditional payment services and banking industry. Revolutionary digital assets like BTC, ETH, XRP (and many others) are generating new archetypes for financial transactions and creating alternate channels of wealth.
Crowdfunding has become a very popular way to democratize fundraising for many new age startups. But the current crowdfunding platforms are centralized which means the funds are controlled by the platform and they can provide preferential treatment to certain campaigns. It is about time a decentralised platform disrupts the crowdfunding sector."
With that being said, Product Protocol is focused on creating a platform that allows an entrepreneur to tokenize their assets and raise funds for scaling.
But before we go any further, please check out this video presentation to get even more acquainted
What exactly is PRODUCT PROTOCOL?
As depicted above and as indicated on the official website of Product Protocol, Product Protocol is a opensource protocol for crowdfunding/crowdlending campaigns based on digital assets issuing, integration with all business processes, funds management and financial operations. Product Protocol is focused on creating a platform that allows an entrepreneur to tokenize their assets and raise funds for scaling
Companies on Product Protocol can scale further than ever before. A universal token for the tokenization of any assets allows you to instantly create a digital asset and a decentralized market will enable people from all over the world to purchase it.
The Product Protocol can also develop effectively without any limitations. A universal token created on a platform that serves to give any asset token, allows you to make any asset quickly and easily. Thus, a decentralized market will enable people from all over the world to get it. In short, the Product Protocol is a fast, unique and intelligent tokenisation machine.
These revolutionary ideas have gained interest in the cryptocurrency section of the internet because of their simplicity and logic. Dozens of startups determined to implement this concept have received hundreds of millions of dollars in funding. The whole world will soon be given tokens: cars, homes, and even your neighbor's cats. However, all this looks great only on paper.
Tokenization is a way to create digital money tokens that are added to something from the current reality. It tends to be anything, from gold and land to maintaining money administration and monetary instruments. There is no doubt that the blockchain can provide more prominent candor in relationships between individuals and if something becomes a token, at that time all the financial relationships associated with this item will end up more difficult and more reliable.
Blockchain and cryptographic forms of money are quite new advances, which are opening up new markets. With its own form of digital money and the enthusiasm of the standard for those who are growing fast lately, this innovation is offered to many new companies, increasing assets through ICO or through increasingly common business choices. Most businesses are identified with the tokenization.
The vision of the Product Protocol is to provide open contracts for most business cultivators. Except for possible uses, this can be considered to shorten time, reduce costs associated with hazards and change the chain of guarantees. Or you can use the ready stage when moving items or administration. Organizations that do not use the square chain do not ignore cryptographic market liquidity and avoid 90% of the problems identified by issuing their own markers. You can start using migrated records, make efforts, and open new markets.
The favorable conditions and benefits of Tokenisation are ways to enter the field of advanced excellence. If a profit determines in the advanced field, it is a type of asset. Non-dynamic or non-slip welds can be considered.
The item convention assumes several jobs. From one point of view, it is a facade facing the customer where the buyer can come to buy an item. Buyers can take advantage of tickers of superiority that can be traded for genuine resources in broad conditions. Regarding money-related resources, maybe just another bank or Internet stage, or a web-based business, trade, merchant, or insurance agent.
Administrative assessments to value and tokenize resources, collect first data on benefits, scientific data and resource tokens.
DAsset System
Is an outstanding framework that checks data about physical and advanced resources, Advanced framed holders. What’s more, there are associations with and from compartments to resources.
DAsset
computerized compartments or circulated metadata bundles that negotiate everything that matters.
To recognize data about resources, the Product Protocol combines two main calculations that are actualized continuously. Proof of the Asset Algorithm is a calculation for the identification of resources. Benefit ID and real-time computerized data about that data. After collecting, verifying, analyzing, compiling, encrypting, and transferring data about its advantages, Virtual Tokens
Issuance of extra Virtual Atom Tokens to recognize the least divided standing or resource resources, for example, square meters. The Virtual Token contains open data about the status of asset files. Data depends on data obtained from the Asset through the Asset Monitoring System and is stored in a progressive DASset compartment of virtual Token resources.
The Features
TCR
Curated Token Registration is a decentralized curated list with intrinsic economic incentives for token holders to curate the list.
Smart ID
Allows users to register their identity, send and request credential data, sign transactions, and securely manage keys and personal data
Smart Escrow
The service network is decentralized, and provides legal and legal compliance based on current regulatory standards
Liquidity Funds
Providing liquidity to digital assets at
Platform
Score Service
Research projects and analysis systems for decisions about the next tokenization
Decentralization Market
Free market where users can trade virtual assets
Tokensale
Funds Allocation
30% – marketing and first tokenised products
35% – development and PP coin fund
10% – legal, salary, lawyers
10% – technology support
15% – team
Crowdsale Details
65 000 000 PPO – ICO
15 000 000 PPO – team and associates
15 000 000 PPO – platform support
5 000 000 PPO – marketing and advisors
Till next time…
For more information, please visit:
Website : https://pprotocol.io/en/
Whitepaper : https://d3ri2ictv4c1x9.cloudfront.net/PP_WP_e.pdf
Facebook : https://www.facebook.com/pprotocolio
Twitter : https://twitter.com/Pprotocolglobal
Telegram : https://t.me/productprotocolio
ANN Thread : https://bitcointalk.org/index.php?topic=5113105
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Comments
Post a Comment