I have a big experience in product creation (3D printing area), in building online and physical business.
Now I have a new product a physical one, it is an technological product which can be used mainly by students, young people and also artist.
The idea is to create ICO where in order to get funded I will share the 20% of profit each quarter for example.
Funds will be needed to expand the business aggressively all over the world, large investment for manufacturing and business development.
I assume that I will need to create my own token based on something already existing, which has a solid platform and maybe also anonymous one.
However I dont want to implement something "innovative" in this token because of lack of experience in blockchain technology and also because I the business model is based on sharing the profit of the company.
I just want to use blockchain as a system of fund raising and distribution of profit afterwards. So the token probably should be simple one, right?
PLAN A
- Issue around - 100M - 1B tokens
- Distribute 80% of these
- Grow business and in one year and start distribution of profit for people who detains a certain amount of my tokens.
Here is the question how can I track these people who has bought my tokens? Should the script be implemented in the token contracts so somehow I will know the owners and their wallets? Or easier just make a dashboard for every contributors where they will have control of their funds? What if people will want to trade with my token? What will be the best and logic way to transfer profit to people, what crypto currency own tokens or other tokens? How to automate the process of distribution of profit afterwards?
PLAN B
- At the same time launch orders of the product via ordinary payement methods this is not an issue and via crypto. I know that shopify and stripe are already supporting BTC payement for online orders.
I would like to hear all kind of thoughts about the idea in general and concerning the creation process.