MindWave Innovations Inc. (NYSE American: APUS) Pairs Insured Blockchain with Multi-Vertical Commercial Strategy
The weakness in a token-funded model is straightforward: Printing new tokens to pay for development can dilute existing holders, while community fundraising rounds only go as far as sentiment allows. MindWave's infrastructure centers on MindChain, which the company has billed as the world's first fully insured blockchain. The token tying this together is $NILA, currently a BEP-20 token with a total supply of roughly 1.06 billion. Many blockchain ecosystems rely heavily on token issuance and community funding to support development. A project issues a token, sells some of it and hopes enough demand develops to support the ecosystem as products…