Topic: Why do business people create a token?

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Why do business people create a token?

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Business owners create a token for several reasons for their business profits,

- tapping into new financial mechanisms to use tokens as proof of authenticity and reliability

- interacting with customers, fostering loyalty

- building a community around a brand.

Businesses can launch their tokens to raise funds for projects through processes like ICO, IDO, or STO. With tokens, they can reach a global audience without the middleman.

 

It represents the ownership of real-world assets like property. Most business people build tokens to reduce transaction fees by paying within their platforms. Tokens represent a new way of approaching business strategy and customer engagement, driven by the possibilities of blockchain technology. 



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