EQUItokens
1.(POST-ICO – PRE-PLATFORM DEVELOPMENT)
Following the ICO, acquired EQUItokens will be distributed to participants into their EQUI
wallets. Until the EQUI platform is fully developed and projects selected, participants will
only have the option to remove the tokens from their wallets and trade on independent
exchanges, akin to any cryptocurrency
2.(PLATFORM LAUNCHED - INVESTORS)
Once the EQUI platform has been completed and projects have been selected, if
participants want to use some or all of their tokens on the platform to invest, they will
enter into a smart contract which will dedicate EQUItokens to a project. The EQUItokens
applied to projects will be sold to raise fiat currency at the prevailing market rate, which
will be invested in a project. Participants will not acquire a share or similar security in the
project. Rights will be contractual. Participants will not be able to transfer those rights; the
contract will lock participants into the investment until maturity. When the project realises
value on sale or exit, 75% of the net profit will be returned to EQUI wallets in ETH.
3.(PLATFORM LAUNCHED - HOLDERS)
If participants choose to hold EQUItokens on the EQUI platform, they will have access
to the EQUI loyalty program. Participants may not transfer those EQUItokens to a third
party but they may withdraw them from the platform and use them to trade on third party
exchanges, relinquishing all rights to the EQUI loyalty program. For the avoidance of
doubt, no trading can take place from the EQUI platform.
4.(PLATFORM LAUNCHED - TRADERS)
Subject to continued KYC compliance, owners of EQUItokens may at any point place
them on the EQUI platform on the same basis as described above.
5.(SUMMARY)
None of the EQUItokens on independent exchanges are in any way related to the
investments on the EQUI platform. EQUI is not a security token itself; it is merely a
blockchain facilitator.
Uninvested EQUItokens can be freely taken off the EQUI platform.
EQUItokens on the EQUI platform will be subject to the terms and conditions of the
platform.
Platform Overview
EQUI will utilise the established Ethereum blockchain to process and store credentials,
information and transactions, including the acquisition of project stakes, distribution
of profits, deployment of investment returns and investor rewards. The use of Smart
Contracts, written in Solidity and compiled for Ethereum Virtual Machine, ensures
security, reliability and transparency for all EQUI participants.
The EQUItoken is a standard ERC20 token that is designed solely for use on the EQUI
platform. It enables users to participate in EQUI investment projects. If the participant
wishes to hold on to the token it can be stored securely on the EQUI platform for future
investments or traded through public exchanges.
EQUI is a web based application that is accessed through any compatible web
browser. Following the ICO, the platform will be fully developed using the funds raised.
It will be user friendly, aesthetically pleasing and provide all relevant information for an
investor to plan their investments and review their portfolio.
1.(REGISTRATION)
The participant will complete the Know Your Customer (KYC) process to validate their
eligibility to use the platform. Once this is successfully completed an EQUI profile is
created with a unique Ethereum wallet, which provides the facility to deposit EQUItokens
acquired.
2.(PROJECT INVESTMENT)
Each project showcased on the Platform will be stored using a set of Smart Contracts
that holds all information relating to the project, including estimated project maturity,
targets and caps. Participants use their EQUItokens to acquire a stake in a project(s).
3.(DASHBOARD)
EQUItoken holders will be able to access a personalised dashboard that will provide
details of EQUItoken reserves and invested projects.
4.(INVESTMENT RETURNS)
Upon maturity of a project, returns are distributed in the relevant proportions as an Ether
deposit into the EQUI wallet. Ether can be stored within the EQUI wallet, transferred out,
or used for further investments within the EQUI platform.
5.(PLATFORM REWARDS - EQUITOKEN LOYALTY PROGRAM)
Each year the EQUItoken supply will increase by 5%. These tokens will be sent to the
EQUI Capital treasury account. At the EQUI Capital team's discretion, these tokens can
be distributed to users as a loyalty promotion program. Only those token holders who
have invested in a project or hold EQUItokens in their EQUI Capital wallet are eligible to
receive loyalty tokens.
6.(REGULATION)
We anticipate that the EQUI platform itself will be considered an Unregulated Collective
Investment Scheme (UCIS) as per UK statutory regulation and FCA guidance, which is
the opinion shared by our legal counsel. This means the scheme will be operated by an
FCA authorised individual, which will give comfort to investors that their rights under the
smart contracts to which they commit to investments are being managed correctly.
However, we would like to emphasise that the issue of tokens theselves in the ICO is not
a regulated activity in the UK, and the EQUItoken is not considered a security, which is
again the opinion shared by our legal counsel. The token's utility is in providing a means
of access to the future EQUI platform and does not directly or indirectly provide any
return. The tokens may, of course, be traded and such trading remains an unregulated
activity.
The EQUI platform and token acquisition process has been audited by an independent
expert.
ROADMAP
ANNThread
WhitePaper
Telegram
Website
0 komentar:
Posting Komentar