The initial coin offering (ICO) sector has been a lucrative one for a lot of businesses who have looked to it as a way for them to raise funds of new projects. It was just over twelve months ago that this sector started to blow up and now more and more companies are turning to this fundraising mechanism rather than going down more traditional routes.
Clarity is a startup that is looking to raise almost $50 million through their ICO.
What are the details about this project?
Clarity is a business which provides an offering to small businesses to have their data managed. There are going to be $50 million worth of tokens available for sale as part of this ICO before their new platform launches.
Small businesses using this platform will have the ability to manage their data in a tailored approach depending on their specific needs and can take advantage of some of the many tools that are integrated into the platform, such as analytics, 3rd party verification and benchmarking services.
There is also important business information stored by Clarity, such as insurance, human resources and finance-related information. To operate, the platform relies on artificial intelligence which has the goal of allowing business people to track the performance and growth of their business, as well as helping them to get access to early stage investment and funding.
On the investor side of the platform, investors are able to see projects looking for funding and they can use a variety of filters to determine which project is the best fit for their funds.
As small businesses are one of the main drivers of the economy, the folks at Clarity believe that they can have a lasting effect on the world economy, providing a lot more efficiency to these businesses and their operations.
Business owners will be able to receive valuable insights into their businesses and see areas in which can be exploited in order to create more growth. They will also have an additional avenue whereby the can attract investment that often times is not available to those companies which are in the early stages of their development.
The Clarity tokens (CLTRY) will be issued through their ICO which will begin in July and it is set to run until November.