Re: I have a great business which works - do you think offering an ICO will be good?
I am currently a newbie in the crypto world. However, I run several successful companies. One of which is a company which grows completely on referrals. If you refer someone to the company, you receive a fixed cash bonus every month they are subscribed. It's only ONE LEVEL down. So you only earn from your direct referrals. Rather than simply giving cash, we were thinking about offering a 'token'. The value of which can change depending on the growth of the company.
It offers our customers a chance to actually get more value out of their cash and also can be lucrative for investors on an ICO.
Does this make sense?
Any thoughts?
Thank you in advance :-)
So you are basically looking to implement a blockchain and or token in your company rather than doing it through cash? What sort of benefits would investors gain from this as I can't really see any reason for an ICO. You should consider telling us more regarding the companies that you are running so we may get a better sense of what it actually all means.
We are launching a new branch of our existing telecoms company which is MOBILE NETWORK, SIM ONLY deal. It costs $45 a month and you get unlimited everything. If you refer someone to the service, your receive $15 every month they are subscribed. Meaning THREE referrals will essentially wipe out your line rental. You will still need to redeem your earnings for cash and then pay your bill off or for whatever you want. If we could implement tokens instead of cash, I can see people becoming more active to refer people so they can redeem tokens which may be worth for than just $15.
The crowd which we have attracted are the type to refer and are looking for new ways to produce income.
The company grows without any marketing and is providing an every day product which we all use.
We are experts in telecoms and have a big customer base. The crypto side is something which we wish to use to raise funds to pump growth and ops.
Hope this helps.....??