What does “募币” mean? (What is “募投”?)
What does \”募币\” mean? According to official sources, \”募币\” means fundraising thro
What does “募币” mean? According to official sources, “募币” means fundraising through the issuance of tokens, which is also known as “token fundraising” in English. In simple terms, it is a way for a project or company to raise funds by collecting money.
The issued tokens can be used as a means of payment, exchange, and trading. This type of product is also called “Token.” For example, if someone wants to send some Bitcoins to another person for purchasing, but they don’t receive anything in return, some people might sell or trade that money. There are several characteristics of such products: first, they can reduce costs; second, they can make it easier for investors to participate; and third, they can provide support for early-stage investors and investment teams.
What is “募投”?
“募投” (Investment) is a means for investors to raise funds from external investors. Through this method, people can invest their resources into a project to increase their influence and impact in the blockchain field.
As we all know, in the bull market before 2017, early investors started taking advantage of the opportunity by purchasing cryptocurrencies such as Bitcoin and Ethereum from overseas for investment. However, due to the hype and speculation in the ICO market, many people were unwilling to participate, which has caused some issues. For example, what would happen when the prices of tokens from many counterfeit projects drop? Or, what would happen after the prices of these “air” tokens rise? What if a project gets hacked? That’s why we call it fundraising.
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