Less Transaction fees Smart contracts eliminate the need for any intermediate or 3rd parties, because the users and participants an easily trust the transparent data that is in front of them, as the Blockchain technology takes an immutable approach. Hence, there is no need for any external agent to verify the agreement terms, which reduces overall transaction costs substantially.
Compatible with Wallets and Exchanges Along with some of the most popular standards out there like ERC20, token contracts can be easily integrated with a majority of 3rd party wallets and exchanges critical to the cryptocurrency community.
Secure Raised Funds Blockchain transaction records are heavily encrypted which makes them almost impossible to hack. And with Multisig contracts, funds are stored in a 100% secure manner and will only be transferred after the signature and approval or team members and 3rd party approvers. This helps build trust and creates a credible token value.
Quick Launch of ICO Easy and quick deployment is the name of the game, something which has been made possible by Blockchain’s token sale smart contracts. Since most of the internal processes are automated, it ensures minimal human intervention resulting in faster deployment, positively affecting the overall ICO launch timing of startups and businesses.
Hack Proof Minddeft’s smart contracts have passed not only the basic manual testing procedures but the stringent protocols of multiple security tools as well, which makes them hack-proof in nature. Since the transactions occur according to pre-defined rules, nobody can question or alter the output.