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 (ICOs) and security token offerings (STOs) — allowing businesses to access financing by borrowing stablecoins from investors worldwide.

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