Crowdfunding is a way to raise funds by individuals, organizations and charities. This works through people or associations who invest resources or provide crowdfunding efforts as a by-product of potential benefits or bonuses. Contributing in this direction can be dangerous, so make sure you know what you are doing.
Blockchain is still very new to the general public. Most people think that this is just a form of online currency. We will use the blockchain to help solve problems with mass financing. More specifically, crowdfunding funds. Today there are many different crowdfunding platforms. One of the first and most famous is Kickstarter. At Kickstarter, people invest in ideas they like, and in each investment group they offer you a gift, usually the better, the more you invest. Prizes will be cheaper than the investment amount. If you really believe in the idea of investing, why not become a part of it? With an EQ token, any investment you make in the company gives you capital in this company and allows you to distribute dividends and the ability to sell your capital at any time. If you invested $ 10 in Uber in 2009 when their value was $ 3.7 million, your $ 10 investment will now cost more than $ 250,000, because now it costs more than $ 100 billion. Imagine you invested $ 10 in Kickstarter and received a new Uber key chain as a gift?
Why blockchain?
So why is blockchain fundraising better than the current method?
Cost
The crowdfunding method is currently quite expensive. This is due to the fact that crowdfunding companies rarely can do financial transactions independently and often have to pay third parties for this service.
Using cryptocurrency, we can independently process all transactions, continuing financial savings for our customers.
Justice
Most crowdfunding companies cannot offer shares in return for investment, because it is too difficult to determine exactly who owns what, and it is easy to sell shares. Using Ethereum smart contracts, we can easily divide 20% of shares in the company into billions of small shares that can be traced to each Ethereum wallet to ensure the distribution of profits (dividends) or the sale of tokens.
Property
From the first day of creating a token for a new project, you have 100% ownership of your token. You can send it to anyone, exchange it for whatever you want, or even save it offline to ensure its safety. This type of freedom and ownership only comes with blockchain.
2 main purposes of EQ tokens:
- Give new companies and existing companies the opportunity to quickly raise money in return for capital.
- Give investors the opportunity to become a shareholder of the company. At present, blockchain is mainly considered as a platform for cryptocurrency.
EQ Token plans to use the Ethereum blockchain for what is intended:
As a distributed computing platform and publicly distributed operating system with blockchain. This basically means that we will use Ethereum as a computer in the world. This will be used as an investment platform and as a way to track equity participation in certain companies.
Investation
We will launch our marketing and prize program in the coming days! We will run this campaign for 2-3 months and will soon announce the release date of IEO!
To stay informed, please continue to check this page or follow us on Twitter, Facebook or Telegram to get the latest information about the development of EQ tokens
The future of crowdfunding
EQ Token will use blockchain technology as a much better and more efficient crowdfunding method.
Benefits of using blockchain from an investor's perspective:
- Small investments can be easily tracked and guaranteed with a proportionate share in the company through the use of tokens.
- Profit distribution can be distributed evenly and easily to all investors.
- Investors can also be given voting rights, which can be checked by the number of tokens they have in their online wallet (this feature will appear later)
- This token can be sold privately to other investors or sold on our own token exchange at any time.
Benefits for company listings on our crowdfunding platform:
- The company register will pay a small fee (used to check the list, <350 US dollars), and the collection of money / verification is done by our service.
- They can offer a portion of their company, which we will have legally. Then we can convert it to 100,000,000 tokens to be sold to investors.
- Then we are given quarterly / annual benefits that we can share equally among all token holders.
- In the event that a crowdfunding project is not successful, when the goal is not achieved within the permitted time period, we can return the investment received
Cost
We will charge a registration fee for each project in the amount of 200 to 300 US dollars. This is done to verify each project, evaluate the business and evaluate the project.
- We will charge a 4% fee for each fully funded project.
- We will have 3% tokens from each project.
- We will charge a 2% commission for all dividends.
- We will charge 0.25% for each transaction with a token on our website.
The above means that if the project collects $ 200,000, the business that collects money will receive $ 192,000, and investors will receive a share of 97,000,000 tokens. This costing method will share the burden: on the more popular crowdfunding sites, the funds received by the business will amount to less than $ 185,000.
The advantages of using blockchain compared to crowdfunding methods now:
- Cost reduction
- We are our own payment service
- Control 100% of your tokens
- Equity in return for investments of any size
The advantage
In addition, EQ Tokens open new opportunities not only for investors, who can begin to take an active part in one of the investment applications offered on the site, but also for the business itself. Which, in turn, by publishing its own proposal for investors on the EQ Token website, will be able to quickly collect the amount needed for the development of their project, giving its part of the project in exchange for tokens. Which in my opinion is very comfortable and fair.
It is important to note that the founder of the platform and EQ Tokens will burden any project that wants to introduce a crowdfunding recommendation list on their website with a small average cost of $ 200 to $ 300. For this amount, the founding team intends to carry out detailed business ideas and evaluate and test it for an acceptable level of risk. After verification is successfully completed, the project will be credited to the platform.
But that's not all. Because in addition to introductory controls, the founder of EQ Tokens will charge a small commission on the amount accumulated by the project for its development. This will also include compulsory ownership of 3% of the token from the project itself and 2% of the commission for the amount of all available dividends. Of course, this might indicate someone too much. However, this method will allow you to reduce low-quality projects that originally only aimed at deceiving their investors. Projects, concepts that are based on the tangible benefits of tools created or developed by them, can survive even in very simple conditions of cooperation with Token EQ.
EQ20 token
The EQ20 token will become an ERC20 token. This token will be used to collect money so that the EQ token can be launched. In total, in the initial exchange offer, 70 million tokens will be offered at a price of $ 0.05 / token.
3% of all tokens generated as part of our fully funded project, so these tokens will be equally replaced by all EQ20 token holders. Standard projects will be created with 100m tokens. We will have 3 meters of this token, and it will be transferred to all EQ20 owners. This means that for every 10,000 EQ20 tokens ($ 500) you buy, you will receive 300 tokens for every fully funded project we have ever done, so that investors in EQ20 will have shares in every company that helps the EQ Token Business. Forever! This token can be sold at any time on our decentralized exchange or stored in your wallet, so that every funded company will start successfully, it will start paying dividends directly into your wallet!
We also plan to send 25% dividend commission to 2% to EQ20 token holders!
- The EQ20 token will be used to raise funds to launch the EQ token. The initial EQ Token exchange proposal will sell a total of 70 million tokens at a price of $ 0.05 per token, which will help attract $ 3.5 million. US.
- Selling tokens will last for 30 days, and our minimum goal is to sell 35 million tokens. If we do not reach the minimum sales token target in a timely manner, all funds will be returned to investors.
- The 1m EQ20 token will be used for advertising purposes to help raise awareness about the EQ token and what we plan to achieve (especially through competition on social networks).
- To reward participants in our prize program, 4 million EQ20 tokens will be used. This token will be paid 1-2 months after IEO is successfully completed.
- The remaining 25 million tokens will be stored by the main development team and can be used to pay for external contractors.
First 12 months
The first 12 months after receiving initial funding will be related to the recruitment of our core team and the opening of the Token EQ office. This will be a website designer, software developer with experience in working with cryptocurrency and marketing managers. One of the main tasks during the first year was to create and release the best services operating within the legal framework of the UK and the European Union regarding cryptocurrency rules. The EQ20 token itself is not a security token, but a token that we will make for other companies with our services. We need to ensure that we comply with UK and EU rules regarding the sale of security tokens. During the first year, the focus was on creating the right legal framework to protect our investors when financing business.
Conclusion
To summarize the logical conclusions about this project, I want to draw a very interesting concept. As a result, HNWI is committed to investing in new projects and finding the right level of security for the tools. Beautiful blessings can help you achieve your desired goals.
However, apart from the good project itself, I always support more about it. However, my change is very shallow and does not affect the function of the project itself. And to make the coloring process for this project as active and comfortable as possible, we have prepared all official social resources from EQ Tokens in advance.
So, instead of spending your valuable time, move on to the next round and read special resources. And here I have to say goodbye to you. I love sharing new and exciting blockchain projects with you. So put on your Husky and enter my channel. Also, don't forget to share your opinion about this project in the comments. Thank you for your attention!
For more information, click the link below:
Website : https://www.eq-token.com/
White Paper : https://8cd84f28-8000-4b5b-9dee-f2a2c3e22376.filesusr.com/ugd/33ca45_7636886924954932ac8b2732b00da077.pdf
Twitter : https://twitter.com/eqtoken
Facebook : https://www.facebook.com/eqtoken
Telegram : http://t.me/eqtoken
Author : Kertasi
Link Profil : https://bitcointalk.org/index.php?action=profile;u=1752427
ETH : 0xa8FCDDf5E048A67DA935aFf88F67513Cb13e4924
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