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The second half of 2023 started positively, but by the end of July the market sentiment turned bad, which led to massive coin losses that extended till the beginning of August.
Despite this trend, Borrowings (ROE) increased in July. Then, the project sold 25 million tokens in its beta phase, raising $250,000 as ROE prices surged 25% in five days.
So far, Boro has raised over $500,000, and ROE is considered one of the top crypto coins to be discovered.
Boro aims to address the fundraising challenges faced by web3 enterprises.
The details of the Web3 landscape still confound traditional financial institutions, complicating the process of securing funding for start-ups.
Responding to the needs of small scale Web3 businesses, Boro is offering an option, which enables quick fund generation by trading upcoming and outstanding earnings.
Users can convert their impending subscriptions, royalties, digital payments and invoices into non-fungible tokens (NFTs) through its platform. These NFTs representing invoices can be marketed to communities that offer their support at low prices. Enthusiastic buyers, confident and familiar with a particular brand, can purchase them, providing immediate financial support to a business or creative enterprise.
Buyers can also trade NFTs in secondary markets through a robust peer-to-peer (P2P) mechanism.
Boro integrates AI-powered risk assessment, blockchain advancements and streamlined payment methods into its framework for a reliable, secure and simple fundraising process.
Additionally, investors can take advantage of AI credit assessment and financial history analysis of businesses to enhance their search for the most profitable discounted NFTs.
As a Web3 enterprise, Boro offers enhanced scalability, minimal fees, and a transparent fee structure. Depending on a business’s AI credit rating, it is possible to have the potential to sell discounted NFTs equal to one year’s revenue.
Buyers enjoy the benefit of a low-risk investment in this arrangement, as the borough thoroughly checks the revenue generation before loan approval.
Based on the project’s value proposition, some analysts suggest that ROE Web3 could be an option for those seeking cryptocurrency investment based on its fundamental value and utility.
In July 2023, during the beta phase, Borro sold all 25 million ROE available for $0.010 within five days, helping the project raise $250,000 ahead of its presale phase 1.
In Phase 1, the borough allocated 70 million ROE.
As of August 23, 45 million ROEs, at $0.0125 each, have already been sold.
In Phase 2, ROE will be available at $0.0150.
Learn more about the borough (ROE) here:
Visit Boro Presale | Join Telegram Group | Follow Borough on Twitter
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