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. Many see it as a competitive new financing option that boasts numerous advantages over other methods, which almost universally come with strings attached. No longer must businesses sacrifice future revenues or creative control in the form of equity, just to get a chance at growth. Golf courses can take advantage of this with help from IGS.

At the end of the day, blockchain is a fresh technology, and one that existing infrastructure is still struggling to support. As it gains more stability, new ways of doing business will emerge for savvy small and medium-sized businesses to incorporate into their own value propositions. For this to happen, the biggest obstacle is getting businesses to build on blockchain and drive customers toward these solutions. It is a participatory technology more than anything else, and it cannot bring any of its benefits to those who do not choose to use it. Blockchain represents a rising tide, but the boats that reach the swell first will be first to succeed. We hope to bring a new dimension to the local golf course. Indeed, blockchain and cryptocurrencies are creating a new world.