An insight about EQWITY: THE CRYPTO WITH AN UNCOMMON SETUP
INTRODUCTION
The market of the initial Coin Offering (ICOs) has gotten a rapid expansion over the years. The Initial Coin Offering is a recently initiated process of raising funds that started some couples of years ago. This ICO had gone viral far beyond expectation. In the year 2017, countless projects on crypto had been done since then grew the adoption of the blockchain technology. In 2018, the amount of launched ICOs increased tremendously almost six hundred and thirty-eight Initial Coin Offers were created and launched. Nothing less than seventeen billion dollars (17b USD) was spent in the community of blockchain for the launching of this crypto. Woefully, common to other technologies that had a breakthrough at their inception, the crypto world with time developed her flaws. These flaws became exposed in the level of insecurity, platform or coin regulation, lack of sufficient experience on the part of stakeholders (this includes a platform or coin founder or investors), absence of transparency, to mention but a few. To correct all these flaws above, there is the need for a platform that all corrections can be effected. To this effect, the EQWITY was introduced to the crypto world to be the long awaited answer to the discovered flaws.
Problems tackled with eqwity
The identified problems are classified according to those they affect. This classification includes;
- Investors
i. Danger of scammers;
There are so many scammers in the crypto world. Numerous scams have been recorded in the crypto market since the boom of cryptocurrency. The group involved in STAIS and Bloomberg record indicates that 78% of ICOs and scam. Once an investor is not careful enough they will be duped.
ii. The existence of countless fake founders; So many founders only have documents that are plagiarized and even portray listing teams that are fake. Some will even go as far as creating profiles on LinkedIn with fake information. In most cases, their information always looks like one that can be trusted within the crypto market.
- The founder has defaulted when it gets to;
i. The number of failed crypto; So many cryptos have become inactive and even dead. This is caused because these coins were not listed to be part of any exchange. It might also be caused by lack of materialization of their product. When this happens, the funds and coin of investors become a total loss.
ii. The proliferation of hackers; due to the findings of Ernest and Young, over ten percent (10%) out of the total money gotten by ICO was stolen in 2017. This is due to the outdated technique adopted by this platform. The hackers were able to weaken their system and penetrate to perform this act.
iii. Lack of skill and ability to sustain the financial vision; Many ICOs could not reach their goal due to the adoption of an unskilled and inexperienced team. This challenges has hindered several ICOs in the achievement of their goals and as well as contributes to a substandard service they rendered.
iv. So many platforms do not have a setting of AML technique to prevent the money laundering via the process of raising fund.
for a wider understanding
SOLUTIONS TO ICO PROBLEMS IN EQWITY PLATFORM
- Easy generation of the Security Token Plus Offering (STO+)
The eqwity has put up a measure that will enhance the penetration of the platform to the Security Token Offering (STO) market. This will be achieved by the adoption of the platform’s decentralized exchange ecosystem. This secure token offering plus is adopted for the aggregation and provision of the essential services to ensure that the platform delivers her services in a special and unique way. - Provision of utility token
This platform has provided utility token which will give all investors the access to enjoy the dividends and benefits in the eqwity platform. - Proof of viability (PoV) technology
It is impossible for a project to fully comply or serve its purpose without an appropriate viability system. Therefore, to prevent a project from failure it is crucial to include a phase that will see to the auditing of the process. That is why this platform has adopted PoV which is a blockchain based process to see to this process.
SOME OUTSTANDING PROGRAMS PACKAGED IN THE EQWITY FOR EFFECTIVE DELIVERY OF SERVICE
- The block
This is the first world STO oriented accelerator. This program enables the teams for the project to prepare for entrance into the Secure Token Offering market. This program will introduce notions which are fundamental to be taken into consideration in order to have a successful market emergence.
The following are a result of the block outstanding program;
i. Success assurance
The main aim of the block program is to ensure a reduction in the rate at which projects are failing that result from inadequate preparation, mistakes that are strategic, lack of financial plans that are strategically prepared, and other problems that have to to do with startup launch. With this program in place, success is inevitable.
ii. Monitoring
With this program, all blockchain designed project and their activities will be accurately monitored. The block will successfully monitor transactions, and investors currencies.
iii. Reversed Program
The first reversed program is created by the block. Countless investors have gotten ideas that was great but lacked the appropriate squad to help in the propelling of such innovative ideas. This program was also launched to establish a suitable match between talents and innovative investors so as to form the team that can efficiently propel an idea that has blockchain technology relation.
Other benefits for your investment at the eqwity.
All projects that are hosted in the platform's STO+ Public Offering will be carried out free of charge.
Wonderful support system; The eqwity have engaged the service of experienced personnel to see to all inquiries that might arise from investors and solve all their problems. This support system will be available at any time of the day.
The Eqwity Ecosystem
STO Plus
This is a section of the hybrid system that helps to speed up processes in offering both the security token which will be used for voting and dividends rights, and the utility token to gain access to the services.
Community Voice
This is to give equal rights to members of the community by allowing them to air their views and giving them voting rights as investors.
Blockchain Stock Exchange
A digital asset exchange that will be suggested to both new and old companies that uses or intends to adopt the blockchain technology.
The Block Accelerator
This envelopes the processes of fundraising and trading so as to complete a security token offering.
Token Information
As a hybrid token structure, it has the security token and the utility token.
The Security Token is based on ERC-1400 standard. It's ticker is EQYS with an ICO price of 1$ per token. It has a total supply of 60, 000, 000 with the Team Seed Investors and the STO plus distribution getting 50% each of this supply as its token allocation.
The Utility Token is based on the ERC-20 standard. Its ticker is EQY with an ICO price of 0.1$. It has a supply of 625, 000, 000 and allocates 70% of the supply to sales, 10% to the team, 10% to its advisors, 3% for bounty purposes and 7% as reserve.
45% of funds raised goes for the product development, 30% for marketing and business development, 20% for legal and management and 5% goes to listing on exchanges.
The Team
Partnerships
Conclusively, all these set ups are recent and wonderful to ensure that with you have the best experience with eqwity. Why not invest today and thank me later?
Useful links
Website: https://www.eqwity.io/
Whitepaper: https://www.eqwity.io/wp-content/uploads/2018/10/Eqwity_WhitePaper_ENG_1.0.pdf
Twitter: https://twitter.com/eqwity_official
Telegram: https://t.me/Eqwity
Facebook: https://www.facebook.com/Eqwity-925774120955061
Writer:gafman
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1903236