EQ Token

EQ Token

 

 Equity crowdfunding is the point at which an organization obtains assets from a large number of financial specialists in return for equity in that organization. For individual financial specialists, this implies when they put them into investors in the organization.

What makes this not the same as the different types of crowdfunding? With obligation-based remuneration, gifts and crowdfunding, when you swear financially you don't have a part of that business or organization. With Equity crowdfunding, when you swear or contribute, you become a beneficial investor of the organization and can appreciate the advantages and dangers associated with it.

For investors, crowdfunding Equity allows them to bond with the business they trust, and in this way have a money-related portion of the rewards for each potential achievement of that business.

When putting resources into a starter organization, you must know that your capital is in jeopardy. Some of the associated hazards are explained later at this time.

How does it work? When you contribute through crowdfunding Equity, you get a stake in the business. If the business performs well, the estimated offer can go up. If you choose to sell the offers one day, you will benefit from expanding the prices of those offers.

Given the current pattern in crowdfunding organizations and our rapid extension plan for the end of 2021 / mid 2022, I expect a 100-200% increase in revenue in the second year. This business will grow exponentially because its prosperity depends on the number of people who think about it. Kickstarter income increased by 3-400% every year for the first 4 years after starting and Crowdcube revenue increased by 640% somewhere in the range of 2014 and 2018. We will place intense development in the early years, so we want to see the pace comparative development.

EQ Tokens will be another technique for Equity crowdfunding that will allow even the smallest financial specialists to accept Equity as a result of their speculation. All venture applications on the EQ Token website must present some of them

business for a predetermined cash size. If effectively supported, a token will be generated for this business. This token will be spread evenly among speculators that depend on the size of the venture. Holding this token in your sophisticated digital currency wallet will enable us to send you part of the organization's benefits. You will also get the opportunity to sell your token each time the token is traded.

Benefits for company listings on our crowdfunding platform are:

● The company register will pay a small fee (used to validate listings, <$ 350) and the collection / verification of money is carried out by our service.

● They can offer a portion of their company, which we will legally hold. We can then convert this to 100,000,000 tokens to be sold to investors

● Any quarterly / annual profit share is then given to us which we can distribute equally to all token holders

 

 

● In the event of a failed crowdfunding project where the goal is not achieved within the permitted time frame, we can return the investment received

 

The 2 EQ Token principle points are:

1. Give new companies and existing organizations the opportunity to raise funds quickly in return for Equity.

2. Allows financial specialists of any size to become Equity partners in an organization.

Now the blockchain is basically seen as a stage for cryptographic forms of money. EQ Token intends to use the Ethereum blockchain for what is expected, as an open calculation phase based on the blockchain and a functioning framework including the use of brilliant agreements. This basically implies we will use Ethereum as the world's PC. This will be used as a stage of speculation and as a method for following equity ownership in explicit organizations.

We will charge a registration fee for each business of $ 200 - $ 300. This is to survey each expansion, assess the organization, and provide a hazard rating for the company.

• We will charge a 4% fee for each fully subsidized business.

• We will have 3% tokens from each business.

• We will charge a 2% fee for all profits.

• We will charge a 0.25% fee for each token exchange on our site.

The above implies that if a business has raised $ 200,000, the business fundraiser will get $ 192,000 and the financial specialist will get a share of 97,000,000 tokens. This strategy to take over will share the weight, on the increasingly understood crowdfunding site, the financing the business will get is under $ 185,000.

We do not expect to see earnings from profits for the initial 3-5 years in new organizations, but there are certain possible benefits from existing organizations in the second year. Earnings from this may not exceed $ 3,000 - $ 5,000 in the initial 2 years.

The costs of exchanging tokens in our token trade are also expected to start low in the main year but are growing rapidly. This depends on the way that every year we expect a large increase in expanded financing as in year 3, individuals in any case will exchange tokens from businesses made in the initial 2 years as well as a larger number of businesses made in year 3.

Token-sale

 

• The EQ20 token will be used to raise funds to help start the EQ Token. There will be 70 million tokens sold in total in the initial EQ Token exchange offer at a price of $ 0.05 per token to help raise $ 3.5 million.
• Token sales will last for 30 days and our minimum target is to sell 35m tokens. If we do not reach our minimum token sales target within the timeframe, all funds will be returned to investors.
• The 1m EQ20 token will be used for promotional purposes to help increase awareness of the EQ Token and what we plan to achieve (mostly through social media competitions).
• There will be 4m EQ20 tokens that will be used to reward participants in our prize program. These tokens will be paid 1-2 months after successfully completing IEO.
• The remaining 25m tokens will be stored by the core development team and can be used to pay for external contractors.

Roadmap

●  November 2019

Whitepaper release - Complete

● January 2020

We will begin our advertising campaign through the use of the bounty program in January 2020

● Q2 2020

IEO release to sell 70m  EQ20 tokens  for $ 0.05 / token to collect the $ 3.5m needed to get EQ Tokens from land with sufficient capital to develop quickly throughout Europe

● Q3 2020

Started recruiting the core team of  EQ Tokens  and opening offices in the UK and Europe

●  2021

Aim to open an office in the US and further develop the EQ Token team and business 

Tim

● James Borland - Founder

In aerospace engineering. James has experience working in a variety of different engineering backgrounds (Eng Process / Mechanical Engineering / Eng Manufacturing). James has been involved in small-scale investments in the cryptocurrency market   for 3 years.

● Samantha Borland - Director of Marketing

 

First Class Bachelor (Hons) in Marketing with experience working in the security industry as well as property development and management

FOR MORE INFORMATION, CLICK THE LINK BELOW:

 

• Website:   https://www.eq-token.com/
• Whitepaper:  https://8cd84f28-8000-4b5b-9dee-f2a2c3e22376.filesusr.com/ugd/33ca45_7636886924954932ac8b2732b00da077.pdf
• ANN Thread:  https://bitcointalk.org/index.php?topic=5220943.msg53710117#msg53710117
• Twitter:   https://twitter.com/eqtoken
• Facebook:  https://www.facebook.com/eqtoken
• Telegram:  http://t.me/eqtoken

 by; radikha

link: : https://bitcointalk.org/index.php?action=profile;u=2648948