- A company based in France has made the claim that its new crypto fundraising vehicle will make ICOs obsolete and save businesses from economic crisis.
- Believers Reward Offering (BRO) is a French-based crypto assets issuance platform Tozex claims to have created a new vehicle for crypto financing.
A company based in France has made the claim that it’s new crypto fundraising vehicle will make ICOs obsolete and save businesses from economic crises such as what is going on with COVID-19.
Believers Reward Offering (BRO) is a French-based crypto assets issuance platform Tozex claims to have created a new vehicle for crypto financing. This will offer companies a way out of the tough economic times such as what we are experiencing today. Tozex claims that BRO comprises the first sustainable alternative to initial coin offerings and security token offerings. This is a great step forward and will allow businesses to access financing by borrowing stable coins from investors on a global scale.
The announcement by the company makes some significant claims for the new platform describing it as an anticrisis business solution. The document claims that the fundraising vehicle will help small to medium-sized enterprises in that they will be able to overcome tough economic times as well as opening up new possibilities financially.
Despite the revolutionary design of BRO, Tozex is going to also offer initial coin offerings and security token offering services on the platform.
Many people are looking to the COVID-19 pandemic as a way to market their services. Depending on how you look at it, this could be either seen as a good or a bad thing.
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
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