If you have focused on ICO in recent years, you will notice a trend.
That means "many tokens are created in the Ethereum network".
As Ethereum became an objectionable block chain community leader, it grew rapidly and a virtual currency was born there.
Now that the startup company is about to leave the Ethereum platform, the Stellar platform is drawing attention as a nova.
Stellar is located on the CoinMarketCap chart 11th.
Stellar was picked up as a result of Smartlands making a token issuance (ICO) on the settlement platform last month.
Smartlands selling as an agricultural platform has praised Stellar's trading protocol and reach power.
The revenue of ICO will be devoted to the development of Asset Based Tokens sold on Smartlands' platform.
Market participants are paying attention to the fact that companies following the trend of ICO will appear following the introduction of Smartlands company ICO at Stellar.
Because the Stellar network has a number of unique advantages, it may be the ideal platform for companies trying ICO.
The idea of doing ICO at Stellar
Low cost and high speed
Stellar's greatest strength is the ability to avoid delay problems that Ethereum and other company's virtual currencies have.
While Ethereum's price is about to reach $ 500, transaction costs on the platform will continue to rise.
On the other hand, the transaction fee is very low as Stellar does not need gas to run the program.
Also, the ability to handle thousands of transactions per second on Stellar networks is an ideal element for issuing tokens.
Customize function
As mentioned above, the ICO market has no production shortage.
Since each project has various scales and functions, the ability to customize infrastructure infrastructure is essential.
Token issuers using Stellar can customize accounts, settlements, tokens, special offers, and more.
Distributed Exchange
As many virtual currencies are born, investors want a platform that enables efficient transactions.
As mentioned in the Stellar blog, tokens made with Stellar can be traded on the Stellar Distributed Exchange.
Companies that have carried out ICO at Stellar do not need a third party virtual currency exchange to make token sales.
Now that the liquidity in the virtual currency market is rising beyond the limit, this factor is an attractive value.
Security function
The Stellar system provides a different function from Ethereum.
It has made a differentiation on purpose to reduce the risk and protect the system from the program hack.
As a more rigorous security function, the token issuer can select the node that certifies the transaction.
Although security costs are usually high, Stellar took a reasonable approach to protect infrastructure.
