Hello friends, I'm trying to introduce you as many quality ICO projects as I can. In this article, I will introduce Eqwity, a project that will solve the problems that are experienced in ICOs.
Before I go into the details of the project, I have to explain the problems in the cryptos money world in general. Because without knowing these problems, we don't know what the Eqwity project will offer us. In 2018, we met many new ideas. The ICOs of these new ideas have been made. However, most ICO failed as requested. Because the market-wide price drop has affected this. And millions of dollars have been lost because of the ICOs perpetrated by crooked people. Because of these people, people are now hesitant to participate in new projects. First, they're afraid of being cheated. Secondly, if these projects are supported, they expect the team to work. However, after the ICO is done, the projects stop working. This leads the participants to lose money. People want to make money in the future while they're in attendance. However, it is not said that 2018 was very good for the participants and new projects. Now I want ICOs checked and released after providing a certain reliability. There are a lot of participants who think like me. I would like to identify the problems mentioned above and give information about the details of the Eqwity project which forms the platform accordingly.
What is Eqwity?
The main objective of the developers is to create a decentralized ICO market that prioritises the security of investors ' funds and enables future projects to be developed.
EQWITY adopted Sto standards instead of classical ICO standards. STO (Security Token Offering) is a method of mass funding and public offering of securities token. To explain, the tokens offered to the public through STOcan represent the shares of a company. Investors acquire certain rights on the company with the tokens they purchase. The new public offering method, STO, is currently subject to the same regulations as the IPO, which is a traditional method.
While there are many uncertainties about the use of tokens offered by the classical ICO, security tokens offered by STO represent a variety of real assets, such as stocks.
EQWITY can be called an entry gate to the Sto market. The main purpose of the developers is to create a non-centralized Sto market that enables investors to secure their funds and develop promising projects. So what are the characteristics and advantages of the EQWITY platform with standard ICO projects?:
To take the concept of Sto one step further, Eqwity offers POV, a new mixed STO standard and the first audit system of decentralized non-decentralized project based on collaborative competition. It is important to include a control phase as long as a project can be compliant without being implemented, so avoid unprofitable or failed projects. The project audit phase should be localized, managed and self-financed as much as possible. Proof of applicability (PoV) will be used to determine which action is appropriate for the initiation of a public offering.
Projects must undergo various inspections and inspections before taking their place in the EQWITY system. Inspection teams have been established for this purpose. Projects are divided into categories and directed to specialized teams in this field. This routing will be random and will maintain its neutrality. After the audits, the control Supervisors, which we can call a top board, will make the final checks. One of the important points here is that auditors who want to do the audit work and who get qualification approval have to deposit a guarantee to the EQWITY system by the end of the process to certify these capabilities and impartiality. Auditors performing failed or biased audits will be removed from the system.
First of all, team members of the projects who want to take part in the EQWITY platform are required to undergo a thorough investigation. They must pass the identity and biometric confirmation to prove they are real persons. After this stage, the past of the project owners in business life is examined. More importantly, the projects of entrepreneurs who have aggrieved their investors, who have previously failed, will not be approved.
The projects are then audited by multi-layered and neutrality approved auditors for processes such as applicability, financial sustainability, legality and ethics, and the projects that have been approved after all these stages are included in the platform. After these processes, the projects will be presented to the investors. As you can see, there are a number of rules that will prevent participants from being cheated.
EQWITY platform will support projects to be successful as well as assisting projects to be listed on certain stock exchanges in addition to token supply.
2 different tokens will be used on the EQWISE platform.
Type: ERC-20 utility token
Symbol : EQY
New Indicator Production & Burning: No
Token price : 0.10 USD
Sold quantity : 437.500.000 EQ
Total number : 625,000,000 EQ
The other one uses the ERC-1400 protocol, which will be used as a security token, and this token will have a distribution as follows.
Type: ERC-1400 security token
Symbol : EQYS
Supporting : Company Shares
Dividend and voting rights : Yes
Each security token price: USD 1
Sto number : 30,000,000 EQYS
Total quantity : 60,000,000 EQ
Team and Advisor
Road Map
The EQWITY platform offers an important alternative for people who want to invest in blockchain-based projects and crypto money to the present day, but are uncertain because of the uncertainty and lack of trust of ICOs. This means an important step in solving an important problem for the development of the sector.
Final Words
Thanks to the platform that Eqwity will create, we can easily participate in ICO projects that we like. Because there is no question of being cheated or stopped working. Thanks to the system they have built, the trust in ICOs will increase and they will be able to draw a path to the project team. Obviously, in the past year, we have seen that such a platform is needed. So many projects have deceived people, or after the team has completed ICO, they become indifferent to their investors.
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
Author: orhansarkaya19
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2528673
ETH Address: 0x396352b276F11Cb3E68B61114c5fE69437Fd635a