Regardless of the vast equalizing potential of blockchain for small and medium-sized businesses, the best thing to come from the trend is how new ideas find funding. Small businesses such as independent golf courses, are typically starved for funding because of the time commitment it takes to get a bank loan, which eats into time that could be allocated to other activities. Venture capital, a more modern way of getting capital, is outmoded by blockchain as well. Blockchain was the original impetus behind the new initial token sale trend that sees startups and other young companies try to find working capital by offering their own cryptocurrency tokens to willing market participants. IGS has come up with ways to help rasie funds for golf courses to grow, expand, and compete with larger, more well funded competitors. Crytpo currencies have value relative to regular dollars and currencies through their transitive relationship with an underlying, liquid cryptocurrency like Ethereum.
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In setting up our files for launching Innovative Golf Strategies, it became obvious that even Tiger Woods can't solve golf's strategic problems. They are very deep, and almost non-inclusive. And the small independent operator is now competing with large companies vs. his next door neighbor golf course. We think this is unfair, and IGS is dedicated to evening the playing field. When we launch in August, we'll begin seeing how that actually happens.