** Understanding Bitcoin Cash (BCH) toy
Bitcoin Cash (BCH), a cryptocurrency peer-to-peer, has gained popularity in recent years due to its quick and simple transaction process. Being the third largest cryptocurrency by market capitalization, BCH is an attractive option for investors who want to diversify their portfolios. However, with great power comes a high complexity, and one of the key challenges in BCH investment is the understanding of the various chip sell structures that are used to raise funds for projects.
In this article, we will explore the different types of chiefs of chiefs used in cryptocurrency projects, specifically focusing on Bitcoin Cash (BCH).
What is a chip sale?
A sales of tokens is a process of raising online funds in a tender style in which a project or company issues a certain number of chips for investors in exchange for a specific amount of cryptocurrency. The purpose of a token sales is to raise funds from a large number of participants, and the result determines which projects are financed.
Structures for sales of tokens:
There are several types of chip sell structures that are commonly used in the cryptocurrency industry. Here are some of the most common:
- The initial offer of coins (ICO) : An ico is similar to an initial public offer (IPO), but it is a unique event in which a project issues its own chips to investors. The chips are usually sold at a fixed price, and the receipts go directly to the project.
- Sale of tokens
: A sales of chips is a series of auctions in which several projects issue their own tokens to investors over time. Each auction usually has an established number of tokens available for sale.
- Sale of private tokens : A private token sale is a process of gathering auction, invitation, usually available only for accredited investors or institutional investors.
- Sale of public tokens (P2P) : A public sales sales is the most common type of chip sell, where several projects emit their own chips to investors over time.
Sales structures with specific chips BCH:
Bitcoin Cash (BCH) has used several different chip sell structures in its history, including:
- ICO -uri : BCH issued the first ICO in 2017, raising $ 25 million from a large number of participants.
- Sale of tokens : In January 2020, BCH held a sales of chips to raise funds for its development and maintenance. The sale of the token was made for several weeks, the receipts to be directly to the project.
- Sale with private chips
: In December 2019, BCH announced that it will have a sale of private chips, which only invited accredited investors.
Benefits of each token selling structure:
Each chip sell structure has its own set of benefits and disadvantages:
* ICOS : ICOs are often cheaper than sales of public chips, because they do not require an initial offer of coins (ico) from the founders of the project. However, they also have a lower success rate, as many projects fail due to a weak execution.
* Sale of tokens : Tokens sales offers more flexibility and control for project founders, as they can issue chips at any time without going through a ico process. However, sales of public chips are often more transparent and correct, with a fixed price for each symbol.
* Sale of private tokens : Private tokens sales provide investors with greater exclusivity and transparency than sales of public chips, but also presents higher risks, because the project is not obliged to disclose financially or financial operations.
Conclusion:
Understanding the different chip sell structures can be complex, but by recognizing the different types of fundraising used in the cryptocurrency industry, investors can make more informed decisions about the projects worth investing. Bitcoin Cash (BCH) has successfully used several different chip selling structures over its history, including icons and symbol sales.