Finance is one of the primary instruments that help in dictating the growth or downfall of a business. In the same regard, the lack or insufficiency of finance can send an established brand crashing like a pack of cards.
That is the case in both real-world businesses and the others based on blockchain. Many investors are now scared of delegating financial resources to startups for fear of "burning their fingers." The concern is valid in that many of these new companies are yet to garner enough experience, such as weathering the storm when challenges arise. It’s also hard to differentiate between genuine startups and those that are not real.
THE BLOCKCHAIN SOLUTION
The blockchain technology engineered by Satoshi Nakamoto facilitated the development of businesses on the distributed ledger. The concept is ideal because it allows the relevant bodies to have full control over their operations. Also, the decentralized format makes it easier for everyone/participants to identify genuine projects and the others that are not.
These and many other features are premised on the ONIZ blockchain, which is a platform dedicated to boosting the fortunes of the loaning industry. Now, the platform is working hard to introduce a decentralized model to it, which would be powered by the blockchain technology.
THE ONIZ TOKEN: THE PASSPORT TO THE BROADER ONIZ ECOSYSTEM
The process of acquiring loans on ONIZ is easy, provided you have the primary token of the platform, the ONIZ Token (ONZ). The token, which serves as the primary medium of payments within the platform allows its holders to have access to many offers, such as accessing loans.
The primary beneficiaries of the scheme are project developers, especially those that are given to developing Decentralized Applications (dApps). Before now, they found it hard to release their projects because they lacked the funds to do so.
The ONIZ blockchain makes things much easier for decentralized developers. All they need do is to have a certain amount of the ONIZ Token (ONZ). That becomes a “passport” that qualifies them to gain access to the ONIZ Funding platform. The latter is an ecosystem where investors and borrowers/project developers can agree to fund a project. Also, having the ONIZ Token (ONZ) either by purchase or lending, allows developers to create sub-projects that would thrive on the ONIZ blockchain.
REAL LIFE PAYMENTS
Undoubtedly, funding projects is the primary aim of this project. Nevertheless, it continually seeks new opportunities to integrate cryptocurrency payments into the real-world.
Part of the moves in that regard is to use the ONIZ Token (ONZ) and other cryptocurrencies in regular payments. Therefore, you can use crypto coins through the ONIZ platform for e-banking projects, online casino payments, and to purchase betting tips to help you make accurate betting decisions.
FINAL WORDS
The variety of features on ONIZ lays credence to the assertion that blockchain and cryptocurrencies are set to gain global dominance. Hopefully, the project would be able to meet up with its offers, thereby making it a sustainable platform for using cryptographic currencies in real life.
USEFUL LINKS
Website: https://oniz.co/
ANN Thread: https://bitcointalk.org/index.php?topic=5165733.msg51844051
Telegram group: https://t.me/Onizco
Telegram Channel: https://t.me/OnizCo1
Twitter: https://twitter.com/Onizco
AUTHOR'S DETAILS
Bitcointalk Username: Dannev
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2317961