Why CORL is Beneficial to both the Business World and the Blockchain World

in corl •  6 years ago 

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Finance has always been an issue to many investors companies, and in this new age, with developing technologies which cannot keep with them. As more and more companies are being established, there is this great need for an adequate funding in order to measure up to the fuel expansion and innovation. But the funding market is so bad that its inaccessible to investors, fragmented, centralized and divided, so there isn't enough capital to develop the tech world growth.
Companies that contain a small number of workforce now make up the major part of the financing companies and due to the fact that they can't meet up with their financial needs, they resolve to other traditional methods, equity methods, which include debts from banks or Capitalist Venture and Angel and so on. This form of financing is not feasible at all on the long run for the business owners as they get to experience challenges along the way such as lack of investor liquidity or inflated cost of capital and so on.
This is where CORL comes into play, as they tackle the issues concerning the traditional investing by the integration of three components; Revenue Sharing, Crowdfunding and the Blockchain. Corl provides the instance where companies that are lacking behind due to traditional financing will be provided access to revenue sharing investments and this will help the investors to also gain by having an owning equity in the CORL company by the issuance of a digital token issued on the Blockchain. With this arrangement, there is no debt at all and this provides a mutually beneficial relationship between both parties involved as they gain immensely from it. This arrangement works by a special revenue sharing contract, where the investors receive an upfront payment in exchange for a share of the future monthly revenue till most of the repayment amount which was set in the contract was met.

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Who and What is CORL?

CORL Financial Technologies Inc. is a fully registered financial corporation located in Canada and they have a very rich reputation. They were previously known as Seedlify and pronounced to be the latest trend in the financial tech market by Techvibes. Their management consists of people with superb experience and background in finance, marketing, technology, lending, Blockchain, etc.
They have made a name and reputation for themselves as being the first company in the history of mankind to issue 100% of its equity ownership as a digital token. Thus by simply holding the digital token, you have a right to ownership and are entitled to dividends.

The Digital Token named CORL token

The CORL token is based on the Ethereum Blockchain and the Polymath protocol. So its an ERC20 token which has the following characteristics and they include

Universal Storage Standard
Decentralised Consensus
Censorship Resistance
Operational Execution
Anti-Money Laundering
Know Your Customer regulation.

Conclusion

With the above mentioned, this will be a great improvement to the Blockchain and marketing sector as the CORL token will be the top notch in the usage of the Blockchain technology to support and develop new and fast growing companies with the usage of revenue sharing investments and also this token is also proof that a holder has an 100% equity in the company.

For More Insight on the Corl Project, Please Click on the Links Below:

Website: https://corl.io
Email: [email protected]
Twitter: https://www.twitter.com/getcorl
Facebook: https://www.facebook.com/getcorl
LinkedIn: https://www.linkedin.com/company/corl
Instagram: https://www.instagram.com/getcorl/
Telegram: https://t.me/corltoken
Whitepaper: https://corl.io/crltoken

Author's Bounty0x Username: hamzeto

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