Leading Global Companies Introduce ICOs in 2019

Asia Blockchain Review
November 8, 2019

Initial Coin Offerings (ICOs) have become one of the most popular ways for developers and firms to raise funds for crypto projects, with ICOs seen as offering the benefits of crowdfunding, access to blockchain projects, and the benefits of Initial Public Offerings (IPOs) to investors. Here are some of the leading companies issuing ICOs in 2019:

Microsoft Azure 

This Microsoft cloud service recently became a part of the Stratis list, an ICO platform that introduces new projects to investors. 

According to Microsoft Azure, Stratis is a secure and reliable way to add new tokens to the network. Therefore, while Microsoft is not directly responsible for creating tokens, the firm is still engaging in a variety of ICO activities.

Emaar Group

This ambitious company is best known for constructing the world’s tallest building, the Burj Khalifa in Dubai, UAE. Meanwhile, Emaar Group has revealed it will be introducing ICOs to investors via Ethereum by the end of 2019.

The UAE-based company has said buyers of the coin will be eligible for loyalty rewards and discounts in Dubai, which also means that those not residing in the city may not have a chance to use this token. 

Imusify

This blockchain-powered music streaming platform has disclosed it aims to raise funds, build a user database and distribute tokens on its platform, using economic incentives to attract content creators and music lovers alike.

However, a drawback to the project is that relying solely on its blockchain music platform might result in a user group that is not large enough to ensure success.  

Source: https://born2invest.com


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