EQ Token

EQ Token 

is a new method of crowdfunding shares on the blockchain i am sure that each of you at least once in your life was interested in various investment tools with which you can increase your capital. But despite the number of available tools, there is too large a pool of various pitfalls. Because of which, in fact, a very large number of people who want to take an honorable place in the investment industry are eliminated.

About the project and its features

It is important to note that the overall essence of the project is based on the EQ Token itself, which will be the main investment tool for the new crowd investment available in the decentralized network. Uncovering unlimited potential for everyone who wants to participate in investments and in new startup projects, as well as existing companies.

As you already understand, the presence of the blockchain structure will enable investors to avoid the most common crowdfunding problems in a centralized world such as:

operating opacity, and all related processes

and the absence of clear contract conditions, for violations that must be committed by those responsible for violations, and so on.

EQ20 token

The EQ20 token will become an ERC20 token. This token will be used to raise money so that the EQ Token can start. A total of 70 million tokens will be offered in the initial exchange offer at a price of $ 0.05 / token.

3% of all tokens generated through fully funded projects belong to the entire EQ20 Token team, so this token will be exchanged equally among all EQ20 token holders. Standard projects will be made with 100 million tokens. they will have 3 million of these tokens and so this will be transferred to all EQ20 holders. This means that for every 10,000 EQ20 tokens ($ 500) you buy, you will receive 300 tokens from every fully-funded project they have ever created so that investors in EQ20 will own shares in every company that has been helped by the EQ Token business. Ever! These tokens can then be sold on our decentralized exchange at any time or stored in your wallet so that any funded company starts to become successful, will start paying dividends directly into your wallet!


they also plan to send 25% of the 2% dividend fee to the EQ20 token holders too!

Why Blockchain?

So why is raising money using blockchain better than the current method?

Fees

The crowdfunding method currently has quite high costs. This is due to the fact that crowdfunding companies are rarely able to handle financial transactions themselves and often have to pay third parties for these services. By using cryptocurrency, they will be able to easily handle all transactions themselves, passing on financial savings to their customers.

Equity

The majority of crowdfunding companies cannot offer equity in return for investment because it is too difficult to track precisely who owns what and easily sells shares. Using Ethereum's smart contracts, they can easily divide 20% of the shares in a company into billions of small shares that can be traced back to individual Ethereum wallets to enable the distribution of profits (dividends) or the sale of tokens.

Ownership


Since the first day of creating a token for a new project, you have 100% ownership of your token. You can send them to whoever you want, exchange them for whatever you want or even store them in an offline location to keep them safe. This type of freedom and ownership only comes with blockchain.

Funded Projects

Each project listed on their website must pay an administration fee of $ 200- $ 300 to register the project. These costs cover the initial project review so they can provide a basic risk / reward score. Each project will offer an initial% of their business in exchange for a certain amount of money. Every investment in the project will be held by them until the project is fully funded. If the project does not reach its target within the agreed timeframe, all investments will be returned. If a project achieves its funding goals, they will save funds until all legal checks / agreements are completed. The funds will then be traded in exchange for an agreed% from the company. The token will then be created and distributed to all investors.

When companies reach the stage where they can take profits, the company will send a few percent of the profits owed to their token holders.
And they will be able to distribute this amount equally among all token holders. If the company has been sold, part of the sale to the token holder will be sent to them.
And we will distribute it evenly among all token holders. We can also issue a voting feature to allow token holders to vote on every major decision of the company. For example if the token holder owns 20% of a company and there is a major shareholder vote, we can have all the voting holders. If 35% of token holders choose yes, 50% of token holders choose no, and the rest do not vote, then this can be conveyed back to the company, because 7% of the 20% of their shares voted yes, 10% chose no and 3% abstained from voting sound.

This will then be accounted for by the votes of 80% of other equity owners in the business. This feature must be introduced in year 3.

For more complete information

Website: https://www.eq-token.com/

  Telegram: http://t.me/eqtokengroup

  Whitpaper: https://8cd84f28-8000-4b5b-9dee-f2a2c3e22376.filesusr.com/ugd/33ca45_7636886924954932ac8b2732bdfda

  ANN THREAD: https://bitcointalk.org/index.php?topic=5220943.msg53710117#msg53710117

  Facebook: https://www.facebook.com/eqtoken

  Twitter: https://twitter.com/eqtoken



AUTHOR

username: sayonk

profile link: https://bitcointalk.org/index.php?action=profile;u=992137


eth wallet address: 0xCb617A30b895eeb5e37aB7654c6F940A7A6DDFe4