His astute business acumen, coupled with his true passion for making others successful, has turned him into a great leader in the blockchain & crypto space.
If there is any hottest trend in the financial markets right now, then it is hands down the blockchain technology. It has the potential to transform traditional business models into several sectors. The concept is not very simple, where it acts like a virtual spreadsheet or ledger that records everything. It efficiently confirms, archives, validates the information, which can be accessed digitally in real-time by participants. It has been behind the development of bitcoin and also opened other possibilities for investors, related and distinct from cryptocurrency, says Björn Seiz, aka O5O, a serial entrepreneur from Switzerland, who has made his way to the top all on his own, learning from his mistakes and growing from the same. Björn Seiz has made it huge in the crypto and blockchain industry at only 29 years of age and has also spread his business to many other parts of the world.
The ace serial entrepreneur, who today is also a consultant, investor, speaker and author, explains how people can invest in the blockchain boom.
• Bitcoin stockpiling: Many people over the years have placed their bets on gold and have stockpiled it, in anticipation of its value rising, many others have started stockpiling bitcoins. Explaining the difference, Björn Seiz says that gold is tangible while bitcoins are not. In the past few years, bitcoin’s value has touched the skies, which has further encouraged people to invest in the same, as it is a trustworthy digital asset.
• Angel funding and startups: Many investors have come forward to invest in startups that are built on blockchain technology. Bitcoin is gradually becoming more mainstream with each passing year and hence, Björn Seiz believes that entrepreneurs have now become more interested in experimenting with the technology behind cryptocurrency.
• Crowdfunding: People who are seeking to get involved with blockchain technology; they can consider crowdfunding that makes use of alternative coins. The total supply of coins is pre-mined in this case, points out Björn Seiz and then are sold at an initial coin offering. Many services and apps have used this pre-sale method for raising funding. Investors are given the opportunity for purchasing the coins with the expectation that the prices will rise if the services become prominent and popular.
Björn Seiz is also the man behind O5O movement that he created to help other entrepreneurs of the world help them attain the success they desire in any business. To know more about him and his business, follow him on Instagram @o5o_official.