EQWITY — Let’s Self-Regulate the Blockchain Industry Together
At the moment, many investors are interested in Blockchain technology and ICO related to its use. However, today the ICO market has many problems that hinder the development of really promising projects. These include:
- a large number of scam projects-about 78 percent of the total market;
- failure to provide investors with voting rights, shares or dividends after the ICO;
- a high percentage of unsuccessful ICO launches, which was due to the low qualification of the team, lack of experience in the financial sector, the late inclusion of the project’s cryptocurrency in the listing and a number of other problems;
- theft of funds by the founders associated with a small amount of information about them;
- the ban by some governments because of the possibility of the laundering of funds obtained by illegal means with the help of ICO.
The project called Eqwity will provide protection to investors, provide promising projects with the opportunity to develop, as well as create a platform for the further development of mankind.
The main goal of the developers is to create a decentralized ICO market, which allows to ensure the safety of investors ‘ funds and the development of promising projects.
Principle of operation
Work ecosystem Eqwity will be provided by several components:
- ICO.E platforms;
- the site for voting;
- exchange for the purchase and sale of shares in projects;
- unit for team preparation.
The most important component of Eqwity ecosystem will be the platform ICO.E to create a new format for Fund-raising for the further development of the project. In order to become a member of this platform, each investor and founder of the ICO will undergo the KYF process, which involves not only identity verification, but also a number of other data about the person, including the presence of criminal records. And each project before entering this site, will undergo a PoV process, confirming its viability. It is important to note that when investing in a particular ICO within this platform, a smart contract will be concluded, under the terms of which investors will receive the right to vote, as well as dividends from investments. This will ensure maximum protection of investors ‘ rights and guaranteed development of projects.
The voting platform will become an equally important component of Eqwity. Here, investors will be able to vote for any changes in the ICO strategy, and the project developers themselves will be able to receive advice on further financial development. It is worth noting that the voting process will be fully decentralized, only 1 vote will be taken from one investor, regardless of its number of shares.
An exchange for the purchase or sale of project shares is a secondary market where each investor will be able to exchange their shares for the shares of other projects. The internal EQY platform token will be used to perform these actions. It is worth noting that this coin can also be used to invest in shares of existing projects.
The last but not the least important component of the ecosystem is a unit for team preparation, which allows to develop a viable product. Here, project developers will be able to use the services of mentors, find more qualified team members, as well as recruit missing specialists for further development. Thanks to this unit, many novice founders will be able to develop a truly relevant project, eliminate all possible mistakes and achieve sustainability.
Dates and details of the ICO
The developers plan to release 6.25 billion coins, of which 50 percent will be sold. The cost of 1 EQY will be $ 0.01. Public pre-sale will start on November 23 and will last for 7 days, after which the official public sale will start for 60 days.
Softcap project — $ 6 million, hardcap — $ 16 million and an additional threshold muncap — $ 30 million.
The distribution of tokens is as follows:
Based on the high risks of investing in ICO and the need for further development of Blockchain technology, the creation of a project that can ensure the safety of investments and guarantee the start of promising projects is very important. He will be able to interest both the founders of projects wishing to realize their idea, and investors seeking to get the maximum return on investment.
Given the fact that the Eqwity office is located in the UK, it is safe to say that this project is not a Scam and deserves attention.
Official resources of the EQWITY project:
- MY BITCOINTALK USERNAME: GPScrypto
- MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2535461
- MY ETH ADDRESS: 0x9a02710019646974D4cD261836090281dDdB1e1f