Corl is a start-up company focused on what it calls “revenue sharing” using the blockchain. Basically, you buy tokens from the company and then you will be investing in companies. The token can be used to receive dividends from these investments later. You can track your investment in real time on Corl’s platform.
Corl Financial Technologies Inc. (Corl) is launching the Corl Token (CRL). CRL is the world’s first token to represent equity ownership in a company that provides revenue-sharing financing to high-potential early-revenue companies. Unlike traditional tokens on the market, CRL is based on a profit-sharing model, whereby investors receive a continuous stream of quarterly dividends in the form of Ether (ETH), based on future earnings of Corl.
Each Corl token can be considered a equity ownership of the company, so holding them will make the user eligible for dividends from time to time, ear. The company uses the technology of the Ethereum blockchain to distribute the money. The company states that the investors can earn up to 15% to 30% annually by investing in Corl.
Even companies can look for the services offered by Corl and use the company to get the necessary funds to start up a business. The business retains full control over its company and has a flexible way to repay the money, paying it as it grows.
Due to the nature of this company, it is fair to say that it would be illegal to buy its tokens in the United States, as the country does not allow non-accredited investors to buy shares of companies.
Is Corl Actually as New as it States?
Not really. There are dozens of companies offering almost the same thing as Corl, only without using the words “revenue sharing”. While it would be incorrect to call this company a scam, Corl is certainly a company that uses marketing techniques to basically inflate the value of its product (the tokens that it is selling in the ICO).
The only difference that you can really find from Corl and other similar companies is that the money that you spend in the ICO will not necessarily be used for the funding of Corl, but for the funding of other companies that Corl is going to fund. The company is basically outsourcing its investments in other companies.
How to Invest in Corl Token (CRL)?
There are two to invest: the ICO and the airdrops. The airdrops will be happening soon and you have to register in Corl’s site to get them, participate in the Telegram group and share posts on Facebook. You will not get a lot of tokens, but they are free.
If you prefer the ICO, you can already sign the whitelist to participate in the pre-sale, which will happen in the near future (Corl has not yet announced its date).
ICO Details.
Token :- CRL
PreICO Price 1 CRL = 0.05 - 0.10 USD
Price 1 CRL = 0.15 USD
Platform :- Ethereum
Accepting :- ETH, USD
Hard cap :- 49,500,000 USD
Country :- Canada.
The Corl Token (CRL) Verdict.
Corl is all talk. Avoid this company. Underneath heavy marketing, you have a pretty standard company which will probably not really shine in the market. It is important for you to perceive that there is a chance that this might turn into a profitable company, that is fair to say, but there are no real guarantees that this will happen.
One thing that is so unique with Corl is the fact they do not focus on the static credit history that investors present during application to determine creditworthiness. They rely on real-time and dynamic data sources as well as social profile information for necessary financial information. Such data is analyzed and displayed to determine the value and potential business growth of the companies.
Investing in Corl would not be any different than investing in other companies which pays dividends using their tokens and there are plenty of those in the market.
Website - https://corl.io/
White Paper - https://drive.google.com/file/d/15tCGMfR07rOdyFojiupJtWqb4TXfWugN/view
Twitter - https://twitter.com/getcorl
Facebook - https://www.facebook.com/getcorl
Bitcointalk - https://bitcointalk.org/index.php?topic=2876801.0
Reddit - https://www.reddit.com/r/Corl/
Telegram - https://t.me/corltoken