French Startup Plans to Make ICOs Obsolete By Cointelegraph

French Startup Plans to Make ICOs Obsolete By Cointelegraph

Cool Story BRO: French Startup Plans to Make ICOs Obsolete

France-based crypto asset issuance platform Tozex claims to have created a new vehicle for crypto financing that can offer firms a way out of the tough economic times due to the pandemic: the “Believers Reward Offering,” or BRO.

Tozex claims that the BRO comprises “the first sustainable alternative” to initial coin offerings and security token offerings, allowing businesses to access financing by borrowing stablecoins from investors worldwide.

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