INTRODUCING EQWITY
I present to you a platform called EQWITY, enjoy reading...
Today the Security Token Ecosystem needs more services aggregation, processes standardization and procedures digitization in order to achieve a global adoption, and this is why the EQWITY ecosystem is created.
But before we dive into the EQWITY review, let’s have a general look at the crypto market and the problems faced on exchanges.
The cryptocurrency market has seen vast expansion in the last two years with continued increase in market capitalization and in the number of cryptocurrency coins and tokens (which collectively total more than 1,850). This is a result of media hype and media coverage of the crypto market, as well as its unregulated nature that has allowed vast participation by even the most uninformed of retail investors.
This is not surprising as the crypto market far outpaced other markets by staggering amounts. Some cryptocoins gained as much as 20,000% between 2016 and 2017.
THE PROBLEM
The lure of quick and supposedly easy money has not only caught the attention of genuine companies and investors in this space, but has also attracted nefarious entities who want to grab a share of this market. With no regulation to check what is coming into this market as an investment product, a lot of scams have taken over. This poses a real problem in the crypto exchanges and the market at large.
We now have a situation where many scam crypto exchanges are mostly common, and the majority of crypto investors are afraid, unsophisticated investors without the knowledge of how to decipher the scam crypto investments from the real ones.
Lack of regulation in the market and exchanges has also created a situation where there is no trust entity to validate the thousands of new cryptocurrency-based products that are entering the marketplace on a daily basis.
Trusted and accurate information channels that can serve as valid sources of informative and educational content for the unsophisticated, retail investors are lacking.
What is the end result? Many cryptocurrency traders have lost and are still losing money in the crypto market.
High transaction fee after a successful trading is another challenge on the cryptocurrency exchanges, lack of security, liquidity, and so on.
THE SOLUTION
Eqwity is building the easiest way to enter the security token offerings (STOs) market. Eqwity is a decentralized ecosystem that is aggregating, standardizing and digitizing all necessary services for performing a Security Token Offering.
Eqwity aims to bring back the notion of access to services by introducing the STO Plus which is a new hybrid model entitling to a compliant security token as well as a utility token for enjoying the services.
Eqwity is the first decentralized ecosystem to easily get into the security token offerings market; and it includes new concepts linked to solutions that will be deployed at different project stages.
THE INTERESTING THINGS TO NOTE OF EQWITY:
B° STO+ PLATFORM: The STO Plus platform aims to aggregate and provide all necessary services to set up and perform your Security Token Offering in a unique ecosystem. The overall ecosystem of Eqwity is shaped to support blockchain companies at each milestone of their life cycle, from incubation to liquidity generation. To take the STO concept one step further, Eqwity introduces a new hybrid STO standard as well as the Proof of Viability (PoV), this of course happens to be the first decentralized project audit system based on collaborative competition.
With the development of STO Plus (STO+), Eqwity has successfully introduced a new hybrid model entitling to a compliant security token as well as a utility token in a two-in-one package. This improvement aims to bring back the notion of “access to services”.Proof of Viability (PoV): A project could be compliant without being viable, so to prevent non-viable or destined to fail projects for being able to raise funds from the community, it was important to include an audit phase in the process. The project audit phase had to be the most decentralized possible, operated by professionals and self-financed. Based on this, Eqwity had shaped the first decentralized project audit model named Proof of Viability (PoV).
PoV will be used to determine which project is viable for launching a public offering.
HOW THE EQWITY ECOSYSTEM WORKS
Every submitted project will be divided in different parts based on field (financial plan, product market fit, penetration strategy, token economics, and so on) which must be audited. Once this is achieved, each part will be randomly sent to a decentralized network of auditors organized in block fields (financial auditors, marketing auditors, blockchain auditors, legal auditors, and so on). For joining the network of Eqwity, each new auditor will need to be verified first (identity verification, background checking, skills test, project audit simulation).
Several auditors in each block field will compete to be one of the first five to define the project as viable or non-viable in their field. Once this is reached, the audit session is stopped. But, not every auditor gets a reward only the five winners from each block field.
For participating, each voluntary auditor will need to deposit first on the platform the amount in EQY tokens he would desire to earn for his audit service (a max value will be defined by the platform for avoiding abuses and ensuring self-financing).
After the audit session is terminated, three other auditors from each block field will be randomly selected for becoming safeguard auditors. The role of the safeguard auditor is to verify the quality of the audit (relevancy, fraud…) performed by the five winners.
If a majority of safeguards define their audit as relevant, qualitative and free of fraud; the auditors get back their deposit and received the same value as a reward in BTC or ETH. The safeguard will earn a fixed reward previously defined on the platform for this kind of mission.
If a majority of safeguards find a fraud or a real irrelevancy, the concerned auditors will get a black point, in other words a warning, and their deposit will be frozen and sent to safeguards as an additional reward. In this case, the project is resubmitted to the network for a second audit session.
It is important to know that after receiving several black points an auditor is banned from the network for ensuring the highest level of quality in each block field.
And lastly, all audited projects report will be available to the public and recorded in the blockchain.
The Eqwity platform is amazing! Isn’t it?
HOW THE COMMUNITY VOICE’S VOTING PROCESS WORKS ON EQWITY:
A voting event could be automatically generated by the smart contract (for example; day of decision about dividends sharing) or initiated by founders for deciding on a strategic or non-strategic decision.
The nodes are notified via Community Voice DApp. They get all information regarding the voting event (purpose, rules, dates, and so on).
Each node is notified again for submitting their vote when the voting event starts.
Before the vote is submitted, the smart contract check if the utility token wallet of the node have the sufficient balance for proceeding (1 EQY = 1 Vote).
At the time the vote is submitted, 1 EQY token is debited from the shareholder's wallet and the vote is recorded within the smart contract.
The voting event automatically close once the end date is reached. All nodes are notified at the same time.
They are automatically generated and smart contracted. 8. Once all votes are considered, the results are pushed to all shareholders via Community Voice DApp.
Watch the Eqwity Teaser of STO + Public Offering (Mobile App) below:
THE UNIQUE FEATURES OF EQWITY
Discussed below are some of the amazing features that stand out this project, EQWITY among others:
One-Stop Shop: EQWITY makes readily available all the necessary services to set up and perform your Security Token Offering in a unique decentralized ecosystem.
No Coding: EQWITY offers automated Security Tokens issuance without coding a line thanks to its user friendly smart contract generator.
Digital Asset Liquidity: Automated digital asset listing on Blockchain Stock Exchange (BSE)
for creating your first liquidity is provided on EQWITY.Hybrid Offering Model: With EQWITY, you can be sure of discovering the power of “STO Plus” by offering a compliant security token and a utility token to your investors simultaneously.
Easy Compliance Process: On the EQWITY ecosystem, it is easy to perform all your compliance procedures thanks to a fully standardized and smartly digitized process.
Project Incubation: EQWITY make easier STOs market penetration to blockchain startups thanks to the first STO-oriented accelerator program.
Governance Dapp: EQWITY does facilitate the governance decentralization of your blockchain company via Community Voice Mobile DApp.
ROADMAP
By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the EQWITY Roadmap is step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the EQWITY Roadmap:
TOKEN DETAILS
Eqwity offered hybrid (2) tokens: Security Token (ERC-1400) + Utility Token (ERC-20)
See the specifications of each of the token below:
Token Type: ERC-1400 Security Token
Token Symbol: EQYS
Backed by: Company share
Dividend and Voting rights: Yes
Value per Security Token: 1 USD
Amount Available for STO: 30,000,000 EQYS
Total Token Supply: 60,000,000 EQYS
Token Type: ERC-20 Utility Token
Token Symbol: EQY
Decimals: 18
New Token Emissions & Burn: No
Price Per Token: 0.10 USD
Token Available for Sale: 437,500,000 EQY
Token Total Supply: 625,000,000 EQY
MEET THE TEAM
Behind every good project, there must be a solid team who are always brainstorming and working towards on how to achieve the aim of the project. Here in EQWITY, we have a diverse team of individuals with varying backgrounds ranging from experience in technology, business strategy, blockchain, trading, finance, management, marketing, and development.
11 experimented professionals are now involved in the creation of EQWITY ecosystem.
Below are the brains that make up the EQWITY Team;
CONCLUSION
Rest assured that EQWITY will provide powered-up, cutting-edge features for both the amateurs and professionals crypto users who require the full range of earning more, decision making and fundamentals information at their fingertips.
Key in now into the EQWITY project to safe guard your funds in a unique and welcoming environment, discover promising new technologies and ask or give advice in a community focused on creating a bright future for everyone!
Become part of the EQWITY community and be one of its token holders now that the price is still very cheap to afford for everyone.
For more information about the EQWITY project and participation, kindly get connected with these links:
WEBSITE: https://www.eqwity.co.uk/
TWITTER: https://twitter.com/eqwity_official
TELEGRAM: https://t.me/Eqwity
LINKEDIN: https://www.linkedin.com/company/eqwity/
YOUTUBE: https://www.youtube.com/channel/UCEeKpSGEztyo9jFFa--SfKw
WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
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