A new entrepreneurial landscape
Blockchain technology is one of the most revolutionary general-purpose technologies, and it may have far-reaching implications for entrepreneurship and innovation. It has brought to the world not only decentralized, digital currencies but also the capability of creating digital tokens to represent scarce assets. By enabling the creation of blockchain tokens, blockchain technology may reshape the landscape of entrepreneurship. Blockchain tokens:
Enable entrepreneurs to raise funds directly from investors across the globe, democratizing access to financial capital;
Give investors opportunities to invest in earlystage projects across the globe, democratizing access to investment opportunities;
Have the potential to restructure fundraising and investing;
Facilitate the building of user and developer communities;
Help innovators build user communities by rewarding early adopters and active users with blockchain tokens; and
Allow innovators to build developer communities by rewarding developers with these tokens.