The impact of the coronavirus global pandemic has not only been deadly for human lives but the global economy too. The panic and fear among the public throughout the globe are spreading faster than the virus which is hampering both the demand and the supply chains of the world. The brunt of this pandemic can be seen in the small and medium businesses across the globe. In a report published by CB Insights, the financing for private companies in Asia is likely to slow down amid this global epidemic.
What Damage Will the Pandemic Cause for Startups?
The overall effect of the crisis on global trade has been savage. The economist reported that world goods trade may shrink by 10-30% in 2020. The US-China trade war and a campaign to dissuade local governments and companies from their dependence on borrowing have added to the economic panic created by the virus. CVSource, the investment database stated that the Chinese startups in 2019 raised 44% less funding than the previous year, all because of the on-going US-China trade war. With the outbreak of the deadly coronavirus, financial markets across the world are witnessing a downward trend. The global recession has left startups in a deep cash crunch, forcing many of them to close their businesses, despite their potential.
How Can AladiEx Help Small and Medium Businesses Bounce Back?
With fear gripping the market, Startups, Small and Medium businesses need a helping hand to save themselves. The AladiEx platform can provide that helping hand during the heat of the on-going economic crisis. The AladiEx ecosystem is a transparent network that supports enterprises in raising funds in a low-cost, minimal barrier manner and also assists investors worldwide to find these projects. This blockchain-powered ecosystem provides much-needed funds to support and grow your business.
AladiEx is the first platform in the market focusing on raising capital for startups, small and medium businesses. Our mission is to help these enterprises to grow sustainably. The underlying blockchain technology behind AladiEx makes it resilient, fraud-proof, and reliable for investors. For companies needing funds, the platform connects you to a network of investors who are in the race to expand their portfolios and make up for the losses they have seen in other financial markets.
The AladiEx platform provides access to innovative sources of funds and allows businesses to raise money globally by tokenizing their businesses and their assets so that global investors of any size can easily fund them. Apart from listing tokens on the AladiEx digital platform, the AladiEx launchpad provides an asset management system that enables investors to INVEST — TRACK — SPEND.
How Does AladiEx Work?
The global AladiEx platform helps startups to optimize the use of their limited manpower and funds. The foundation of the AladiEx ecosystem is our unique token design that uses KPI-based (Key Performance Indicator) funding. This helps startups to grow sustainably and with transparency. We use KPI’s to measure the milestones achieved by businesses before entering each funding round. This ensures that only the deserving businesses get their fair share and no fraudulent fundraisers enter the ecosystem. KPIs also ensure that businesses take the most efficient steps and optimize their use of funding received.
With its vision to empower millions of startups and small businesses across the globe, AladiEx is geared to unlock billions of dollars in capital for businesses anywhere in the world within the reach of AladiEx’s ecosystem.