Hello friends all are still with me Ade prayoga. This time I will provide information about a project that is very interesting for you to see, in a new cryptocurrency named Eqwity. Before heading into the discussion I think we all agree that blockchain technology still requires efforts that encourage adoption to continue to grow and continue to grow in the future.
INTRODUCTION
The ICO market (Initial Coin Offerings) has developed rapidly. This new way of raising funds that has emerged over the past few years has beaten the record. In 2017, many projects have emerged thanks to ICO who are trying to solve problems or offer services related to blockchain technology. During the crypto bull run, 209 cryptocurrency and tokens are created through the ICO process. 1 These projects allow the founder to raise nearly 5.6 billion dollars, a record at 2 times.
In 2018, despite the strong decline in the first semester cryptocurrency market, the number of ICOs has skyrocketed like never before. During the first 7 months, the 638 ICO was launched for nearly 17 billion dollars injected into projects by the community blockchain. It's no secret to say that the growth of the ICO has shifted one of the current fundraising mechanisms. Unfortunately, like other majors
technology breakthrough at first, ICO had many shortcomings. This causes access and abuse to surf in the initial euphoria, lack of security, regulation, transparency and lack of experience of stakeholders, both investors and project founders.
At present, many investors are interested in Blockchain and ICO technologies related to their use. However, at present the ICO market has many problems that hinder the development of truly promising projects. This includes:
- a large number of fraudulent projects - around 78 percent of the total market;
- failure to give voting rights, shares or dividends to investors after the ICO;
- a high percentage of failed ICO launches, caused by low team qualifications, lack of experience in the financial sector, delays in the inclusion of project cryptocurrency in the list and a number of other problems;
- theft of funds by the founders associated with a small amount of information about them;
- a ban by some governments because of the possibility of laundering funds obtained illegally by the help of ICO.
The project called Eqwity will provide protection to investors, provide projects that promise opportunities to develop, and create a platform for further human development.
Project objectives
The main objective of the developer is to create a decentralized ICO market, which allows to ensure the security of investor funds and the promising development of projects.
Principle of operation
The Equality work ecosystem will be provided by several components:
ICO.E Platform;
Site for voting;
Exchange for purchase and sale of shares in the project;
unit for team preparation.
The most important component of the quality ecosystem is the platform to create a new format for Fundraising for further project development. To become a member of this platform, every investor and founder of the ICO will undergo a KYF process, which not only involves verification of identity, but also a number of data about the person, including the existence of criminal records. And every project before entering this site, will undergo the PoV process, confirming its feasibility. It will be concluded, with a smart contract will be concluded, with investors will receive the right to vote, as well as dividends from the investment. This will ensure maximum protection rights and guaranteed project development.
The voting platform will be equally important Eqwity component. Here, investors will be able to choose for any changes in the ICO strategy, and the project developer will be able to receive advice on further financial development. It should be fully decentralized, only 1 vote regardless of the number of shares.
The exchange will be able to exchange their shares with other project shares. An internal EQY token platform will be used to perform this action. It should be noted that this coin can also be used to invest in existing project shares.
The last but not least component for team preparation, which allows to develop feasible products. Here, the project developers will be able to use mentor services, find better qualified team members, and recruit missing specialists for further development. Thanks to this unit, many beginner founders will be able to develop truly relevant projects, eliminating all possible mistakes and achieving sustainability.
ICO date and details
The developer plans to release 6.25 billion coins, of which 50 percent will be sold. The 1 EQY fee will be $ 0.01. Public pre-sales will begin on November 23 and will last for 7 days, after which the official public sales will begin for 60 days.
Softcap Project - $ 6 million, hardcap - $ 16 million and additional threshold - $ 30 million.
The token distribution is as follows:
Conclusion
Based on the high risk of investing in ICO and the development of blockchain technology, the creation of a project that ensures investment security and promising projects are very important. He will be able to attract the interest of two project founders who want to realize their ideas, and investors who want to get the maximum investment return.
Given that the office is located in the UK, it is safe to say that this project is not a scam and deserves attention.
Official EQWITY project resources:
WEB SITE: https://www.eqwity.io
TELEGRAM: https://t.me/Eqwity
LINKEDIN: https://www.linkedin.com/company/eqwity/
Author: dey90
BTT profile: https://bitcointalk.org/index.php?action=profile;u=731808
0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a
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