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Building businesses on top of a Blockchain by bala41288

View this thread on: hive.blogpeakd.comecency.com
· @bala41288 · (edited)
$116.32
Building businesses on top of a Blockchain
Today it had become a lot easier to build our business on top of a blockchain or a token from a blockchain. This idea is something that is slowly emerging. This is not up to speed yet but this is something that can son become the best use case for blockchain in the real world. People who have a business idea can make use of the blockchain by introducing a token and creating tokenomics on top of it. 

The business can be anything actually. It can either be a small project that needs investment from others or it can even be a big ever-growing gaming project as well. The idea is what matters and the proper execution as to how it should sustain in this competitive world also matters. If we are clear on these things, building a business on blockchains is the best thing. 

![image.png](https://images.hive.blog/DQmTw2efZEPJCYkTNmHtfridvtDio9ZKVX8JZpstRhsWmzv/image.png)

[Source](https://pixabay.com/illustrations/money-idea-business-man-bulb-4105043/)

## Crowdfunding

This is something that can be made possible with the help of cryptocurrencies and blockchain. People who have ideas can sit and document the idea. In the blockchain world, it is called a White Paper. That will basically have all the details about the business plan and how the project will be executed. This way it makes it a lot easier to crowdfund. 

Based on the White paper a token can be created and it can be listed for sale in the market. The supply of the token can also be determined based on how much people would like to crowdfund to start their business. People who buy the token is going to be an investor and they would invest only if they like the idea. Otherwise, it can be hard to sell the tokens. 

## Build and prove

After the crowdfunding is done, we now have an initial investment with which the business can be started. This can cover the cost of development and other expenses. After this comes the important part where the value of the token should be increased based on the income generated by the business. If the business is outside the blockchain world it is well and good because it not only brings value to the business token but also to the entire blockchain ecosystem. 

![image.png](https://images.hive.blog/DQmX17KXsng647ehhmzsKyhG34gUszJu7FZgqtpgfTDrFdk/image.png)

[Source](https://pixabay.com/illustrations/money-grow-gain-finance-income-5067419/)

The investors would be happy to stay only if the token is going to bring some profit for them. If the project is not going to bring additional revenue for the investors, they are not going to be happy. The founder can distribute dividends to the investors now and then so that they can be happy about getting additional value on their investment. 

Building a business might be easy but sustaining the business and taking it towards the profit direction is the only challenge. If we choose the right blockchain, creating the token and supplying it will also not be a costly one. For example, creating a token on the hive is very cheap and also there are no transaction charges on Hive which makes it really special. 

---
If you like what I'm doing on Hive, you can vote for me as a witness with the links below. 
<center> Vote @balaz as a [Hive Witness](https://vote.hive.uno/@balaz) </center>
<center> Vote @kanibot as a [Hive Engine Witness](https://votify.vercel.app/kanibot) </center>

---

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<center><a href="https://discord.gg/bGmS2tE"><img src="https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png"/></a></center>
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<center><a href="https://kanibot.com/"><img src="https://images.hive.blog/DQmdm8hKPz9TZL8Gd8bPyeVHm9hfgMqqiHcKL8283RBv2eH/Kanibot.png"/></a></center>
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<center><a href="https://netbox.global/r/balanbx"><img src="https://images.hive.blog/DQma1a9t6rceDQYvMt6FhNkHuUUjAkQssZHrLJcXKfiQBFd/NetboxGlobal.png"/></a></center>
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<center><a href="https://r.honeygain.me/BALA4F8CD5"><img src="https://images.hive.blog/DQmdCZg8z6sxVukSdPm2kXRAhhnySqPZqK9YQ5hco65sp4n/Honeygain.png"/></a></center>
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<center><a href="https://www.privex.io/?r=bala41288"><img src="https://images.hive.blog/DQmPB85eAMrQNGV7C4ykbfVTDNaiGmb8PfuiFr2AL8N8JQm/Privex.png"/></a></center>
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---

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bala41288/building-businesses-on-top-of-a-blockchain)
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vote details (284)
@alex-rourke ·
$0.05
I went ahead and brought my recording studio business to HIVE.  I even created a token for it on Hive-Engine, but have not figured out the way to use them yet.     They will most likely be investor tokens, like you said.  Maybe like stock, we'll see.

👍  ,
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@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @bala41288, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Did you know that <a href='https://dcity.io/city'></b>you can use <b>BEER</b> at dCity game</a> to **buy dCity NFT cards** to rule the world.</p> </center><div></div>
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@behiver ·
$0.05
RE: Building businesses on top of a Blockchain
Hive blockchain is a pure example of building startups and businesses on top of its infrastructure. And investors are coming from the communities established here.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@behiver/re-bala41288-6vgf4g)
👍  ,
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vote details (2)
@curation-cartel ·
![1UP-PIZZA.png](https://files.peakd.com/file/peakd-hive/curation-cartel/23xediR4hotaNsS5pUJrmYVg3YGeTLpui41uCij2jhUDZ4uFT84zoGJf8a8VnfELXLJgt.png) |  <div class="phishy"><u><h4>You have received a __1UP__ from @luizeba!</h4></u></div> The @oneup-cartel will soon upvote you with:<hr> __@leo-curator, @ctp-curator, @bee-curator, @vyb-curator, @pob-curator, @neoxag-curator, @pal-curator, @cent-curator__ <hr>_And they will bring !PIZZA 🍕._
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@ecency ·
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@jfang003 ·
$0.05
RE: Building businesses on top of a Blockchain
While crowd funding is nice and I do agree that it makes it possible to get funding, I don't really like the way it has gone in the gaming space. There are a lot of projects that are completely under deliver or not at all. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-bala41288-3dqst1)
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vote details (2)
@bala41288 ·
Yes that is true. Many people use this like some kind of Robbery. 
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@luizeba ·
$0.05
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👍  , ,
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@oasiskp2 ·
Blockchain will in no distance time change completely the face of businesses because of the technology of building startup business.
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@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 117 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-116-and-start-week-117) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>11</sub></center>
👍  , , , ,
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vote details (5)
@sebzie123 ·
$0.05
A business plan can match well with blockchain especially when someone is in the initial stages of the startup. Thank you for this great piece of information.
👍  
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@splintertas ·
$0.05
true, blockchain can change the way businesses work, but it takes time to adapt to this technology.
👍  ,
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percent_hbd10,000
post_id115,494,639
net_rshares65,171,762,638
author_curate_reward""
vote details (2)