Nimbus Token Four Main Features on Nimbus Token
Nimbus Token is a blockchain platform that allows small companies to raise money to expand their businesses via cryptocurrency and the blockchain. Nimbus Token has many features, although the main four would be fundraising, product tokens, exit plans, and token exchange. Read on to learn more about these four features and get a better understanding of the Nimbus Platform.
FUNDRAISINGThe Nimbus Token Platform allows businesses to fund their projects via pre-sales so they can greatly expand their operations, hire new workers or develop new products. The Nimbus Token Platform can be used for almost any business project. Stores can use the platform to raise money by selling their own branded tokens instead of struggling with venture capitalists or suffering the humiliation of the typical banking experience.
PRODUCT TOKENSProduct tokens are a new type of cryptocurrency where the customer can buy a product or service via a universally-accepted token created by the Nimbus Token Platform or any other distributed product token exchange. This frees any business, anywhere in the world to easily sell their products via cryptocurrency and the blockchain. To give the NIM token long term viability, the buyer of product tokens have an immense amount of flexibility. Combining this flexibility, with smart contracts, will make the NIM token a more useful cryptocurrency.
EXIT PLANSIf you dont like the product token you bought, maybe the store is not performing well, or you are not excited about the product offered, you can barter for another product token from another store, or you can hold onto the token until the token market changes, or you can get a pro rata refund for the token, based the sales the store has logged.
TOKEN EXCHANGEAll product tokens can be exchanged for any other product token. For example, if you have product for lawn care services you can exchange those for for tokens for air travel, clothing, salons, jewelry, gourmet food or any other token on the exchange. Buying product tokens during the stores pre-sale period gives the customer a range of options that just arent present in platforms like Kickstarter or retail outlets like Overstock. This is a real opportunity for entrepreneurs to help small businesses expand and grow while the entrepreneur has new tools and new ways to expand their token portfolio.
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