Chainium in a nutshell
Matching businesses that seek to raise funds by selling equity stake with investors looking for business investment opportunities without the traditional huge fees and troublesome red tape.
What Chainium is to business owners
There has until today always been a trade off between exposure and control. If business owners want to decide the value of their equity shares on their own terms, they would only be able to sell to friends and family, limiting the amount of capital they are able to raise. If they go to accredited private investors, the investment team will value the business using their own metrics to make an offer. To get even wider reach, to different types of investors around the world, the business has to be listed on a public exchange. This is a lengthy, tedious and expensive process. Enter Chainium, providing a platform on which business owners can list their equity for sale immediately at any price they want to a global audience of investors. Chainium contracts can even include dividend payouts, profit sharing and voting rights.
What Chainium is to investors
Investors invest easily without geographical restrictions like foreign currency risk and legitimacy of the sale. When they want to cash out, they can easily sell on their shares in the secondary market on the Chainium platform.
Chainium token details
Pre ICO sale: 27 Nov 2017 - 18 Dec 2017 (10-30% bonus)
Main ICO sale: 25 Dec 2017 - 12 Jan 2018
Tokens for sale: 50 million
Hard cap: USD 37 million
Chainium token
- Business owners have to stake 1% of the value of the equity they are selling to investors in the form of Chanium tokens that will be stored in a smart contract to be released to the investors in the case of any default
- Business owners and investors use Chanium tokens to pay for value added services on the Chainium platform.
So now my question is: at the end of the day, all tokens go back into the hands of the Chanium team. Will they be releasing the tokens back into circulation by selling them at online exchanges, or? That means that the team can control the supply and hence price of the Chanium coins, which is good or bad, depending on whether you're a buyer or seller. There's no organic way that the coins are circulated, from what I see.
I'd posted this question in the Chanium telegram but there was no response. Community managers nowadays are really lacking in quality. Many times, telegram admins only reply to simple questions that they have ready answers to copy and paste. Any Chanium PR reading this, please take note!
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