The target is more than tens of thousands of Bitcoins, why is Acchain so excited?

For the digital currency industry, the advantages brought by ICO are not just reflected in fund raising. The entire process and purpose are closely related to industry characteristics, policies, and investor acceptance.

ICO financing allows investors to participate at every minute, and the shares held by investors have excellent liquidity. This liquidity will also lead to a higher premium for project valuation. Considering the price fluctuations of Bitcoin or competing coins, the official cannot accurately define the value of the project, or is forced to make corresponding adjustments within an uncertain time period. However, as a unique financing method in the blockchain industry, ICO is still in its early stages of development. For this reason, many investors will choose to invest blindly and follow the trend. A healthy and good financing environment is particularly necessary in the development of ICO.

Chinese investors have a dominant position in the world. Whether it is the previous Bitcoin trading volume or the trading volume of competing coins, the construction of digital currency basic services is still centered on China, which also relies on the strong speculative atmosphere in the domestic market. In terms of region and rhythm, the ICO and crowdfunding of asset chains carried out simultaneously around the world have a unique model.

A large number of foreign ICO projects regard the Chinese market as a good place for investment. First of all, the Chinese version of the white paper of the project must be available. Secondly, the connection with the ICO platform should be done early rather than late. Finally, the project needs to find endorsements from individuals or companies in China, and then build a community through media dissemination and the first batch of followers. Using competing currencies such as Bitcoin or Ethereum also lowers the financing threshold. Therefore, the success of a project, in the eyes of the foreign founding team, needs to be recognized and paid for by Chinese investors.

The ICO of Acchain was carried out simultaneously around the world, in the United States, the United Kingdom, Cambodia and China. In the domestic crowdfunding, Acchain directly put it on its official website (acchain.org) and did not cooperate with professional ICO platforms, which is bound to lose a certain user base and first-mover advantage. The official account of Acchain stated that the progress of this crowdfunding will be faster abroad than in China, because of the nature of the Acchain project itself.

Use blockchain to digitize assets and form different tokens. Different types of tokens need to follow the community protocol of the asset chain (Acchain). Asset certificates issued based on the asset chain and expressed in tokens are all on one chain, with hundreds of thousands or millions of different types of assets circulating based on the public chain of the asset chain. This is the concept and value of the development of the asset chain (Acchain).

There are many types of tokens that can exist on the underlying protocol of the asset chain, such as equity certificates, income certificates, commodity exchange mediums, etc. Therefore, its characteristics require the asset chain itself to first develop applications, or to develop the first case, while implementing applications and promoting ICO. Perhaps because of the urgency of time, the asset chain operation team expressed "confidence but also a little panic, after all, there are more than 10,000 bitcoins" for this ICO.

In the process of making applications, since the asset chain operating company has a large number of foreign corporate resources and a healthy investment environment abroad, they regard foreign companies with asset digitization needs as the entry point for Acchain's development. On May 16, 2017, the asset chain (Acchain) officially reached a cooperation with the American Serene Country Homes real estate development company and launched the RET real estate token project, which has been publicly announced on acchain.org for ICO. The RET project is a link in the asset chain ecological layout. In the future, the asset chain (Acchain) community will attract more high-quality assets to join. At present, the most urgent thing is still the crowdfunding of the asset chain token ACC and making full use of the previously accumulated domestic and foreign corporate resources to integrate the development concept of asset digitization into every link of the project route.

“It is particularly important to stay optimistic because we believe that investors will continue to discover and recognize the value of Acchain. If a project is violently popular, even the leader may lose his way. Therefore, Acchain hopes to be fast but steady and do things steadily. After all, taking too big a step will easily lead to failure.” said the operator of Acchain.