Thursday, July 5, 2018

Nimbus Allows Businesses to Fund Their Projects Via Pre-sales

Unlike other cryptocurrency platforms, The Nimbus Token Platform has found a way to use blockchain technology for any product or service. For the first time blockchain technology can be used to raise money for small business projects and for crypto entrepreneurs, to grow their altcoin collection.

What is Nimbus

The Nimbus Token Platform allows businesses to fund their projects via pre-sales so they can greatly expand their operations, hire new workers and develop new products.
Unlike other cryptocurrency platforms, they have found a way to use blockchain technology for any product or service.

Why Nimbus

  • As the cryptocurrency world stands right now, cryptocurrencies are seen as a digital asset that can be easily used for digital goods. There isn’t a place where a mom and pop bakery can expand their business by using cryptocurrencies. The Nimbus Token Platform changes that.
  • Owners of NIM tokens can open stores, sell stores, raise money, expand businesses, issue their own branded tokens (NIM.FranksDeli) or use their NIM to run stores for others. And of course the stores benefit from the privacy and security that can come from cryptocurrencies and smart contracts.
  • The Nimbus Token Platform can be used for almost any business project. Stores can use the platform to raise money by selling their own branded tokens instead of struggling with venture capitalists or suffering the humiliation of the typical banking experience.

Nimbus Ecosystem

  • The platform is a place where businesses can launch a token sale to raise funds for their business needs.
  • As NIM are consumed to create stores, stores also mine the NIM back out of the pool, when they log sales. This creates the product token cycle; sale, produce, reward and exchange. In this cycle, stores sell a token so they can grow, stores produce goods or services, customers are rewarded with products and product tokens are bartered with others on the platform.

The Platform Dual Tokens

  • The platform uses two types of tokens, NIM and NIMx; each with its own specific purpose. NIM are the utility tokens that is sold during the token crowdsale. If any NIM were leftover from the crowdsale, those tokens will be available to be mined whenever a store on the platform logs a sale. NIM are also required to open a store on the platform.
  • NIMx are the product tokens. Every store on the platform has a unique token ID. NIMx (or NIMy or NIMz) are used to denote different product tokens in the whitepaper. Actual unique token IDs could look like NIM.MillerAvocados, NIM.LocusJets, or NIM.ArizonaSpa. Platform users could barter NIM.MillerAvocados product tokens for NIM.ArizonaSpa or any other product token on the platform exchange. They can also be traded on the platform exchange for NIM, which can be traded openly on third party exchanges.

Finally

With the Nimbus Token Platform, we are not only talking about a system to sell products, we are talking about the rise of an entire job class where people can create entire new careers that are currently unavailable in financial technology.


Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

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