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omar faruk
Jul 28, 2022
In Support Questions
Coin Telegraph , Bitcoin.com , and Cointelligence are all excellent sources of news updates. The cryptocurrency boom has also led major media outlets such as The Wall Street Journal, Bloomberg and CNBC to feature Bitcoin-related segments and articles. Step 2: Make a plan Next, the team needs to create an action plan. In short, you need to identify areas where blockchain technology can streamline operational processes and provide customers with unique solutions. Teams need to know the industry and customer base so that they can identify problems that blockchain technology can solve. Once you have set your whatsapp database big picture goals, you need a working checklist and timeline on how to implement your blockchain solution. This checklist should answer questions such as: What problem does the platform or product solve? How does blockchain technology provide the best solution ? Is there a platform that achieves the same (or similar) goals? How is this platform differentiated? What are the technical / programmable aspects of the platform? Which staff do I need to hire to create / implement the platform? What legal action do I need to take to create a project? (Example: patent application, due diligence search, disclosure) What is the project timeline? How many test versions will be released when? How is the project funded and when is the funding deadline? How does the project gain the traction of the crypto community? This list is not exhaustive, but teams can use it as a starting point. Ultimately, the goal is to create a roadmap for the project and a general timeline for when the steps will be completed. Step 3: Raise capital and awareness Once the plan is in place, the team needs to raise capital and awareness to realize the plan. This means looking at the capital markets, whether in the form of ICOs, bond offerings, or other types of financing. Unless the company has spare cash to spend, they will need outside help. Companies should consult with legal and financial professionals to determine the type of financing that best suits their needs. Companies typically use ICOs to fund blockchain-related projects, but if a company wants to follow a more traditional funding route, traditional investment banks may be involved. In any case , it is important to understand the risks and benefits of ICO . I
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