ONIZ - A MICRO-FINANCING PLATFORM ON BLOCKCHAIN
Undoubted, finance is one of the essential factors that help in the growth of any business. The primary problem is in getting an investor that is willing to take the tedious and risky journey of providing funds to a startup. Most times, investors’ fears are on the sustainability of the said project or business. Sometimes, the funded startups may pack up after a few months of commencing operations.
CHALLENGES IN OBTAINING FUNDS
Just like anyone that comes to the table of equity would come with clean hands, it is expected that new businesses/startups would come with unique proposals to qualify them for loans.
The trend is not restricted to real-world businesses. Blockchain projects are also feeling the heat in providing a sustainable plan for their business operations in the coming months. The worst-hit are project developers, especially those interested in Decentralized Applications (dApps). They don’t get enough recognition to obtain loans from crypto investors.
However, all that is set to change as the ONIZ blockchain is here to offer them what they’ve always sought – funds to complete their dApps.
OPEN SOURCE LENDING MODEL
Taking advantage of the transparency and security of blockchain, ONIZ opted to use an open-source approach to raising funds. It is commendable, as the participants (investors/lenders and borrowers) can facilitate the transaction in real-time.
Aside from the open-source funding/lending model, ONIZ also empowers the core participants to interact on a Peer-to-Peer (P2P) basis. Furthermore, it also has a dedicated system that allows borrowers/project developers to use the funds reasonably. Likewise, developers are also entitled to create sub-projects, provided they have the ONIZ Token.
REAL – WORLD INTEGRATION: ONIZ BRINGS CRYPTO TO LIFE
For some time, the community of cryptocurrency users and investors has been wondering about what it takes to integrate crypto coins into real-world use cases. The discourse had been on for a while, and there seems to be no feasible solution or approach to achieve that.
However, ONIZ has something in store to that regard. It uses its advanced technology system to facilitate the integration of cryptocurrencies into reality. It is buoyed by the multiple chain wallet system that fast-tracks the seamless integration of cryptocurrency payments into existence through several approaches. The anticipated areas of application include but not limited to, e-banking projects, sports betting, and money game MLM.
GREATER OPPORTUNITIES FOR ONLINE GAMBLING
Do you love playing games in online casinos? There may be no better time to gamble on your favorite games than now the ONIZ blockchain supports it.
It already liaised with online sports bookmaker, Sbobet to offer its users unrestricted access to different online casino games. Also, ONIZ has an independent Artificial Intelligence (AI) that provides analysis of the games. That, in turn, helps players with the highest winning rates for their bets/wagers.
CONCLUSION
Cryptocurrencies are steadily breaking new grounds. The currencies are now looking for ways to make an entrance into real-world uses. Interestingly, ONIZ has the structure to make that possible. I hope it achieves its purposes, as that would be another feat added to blockchain technology.
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: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759