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Topic: [ANN]EQUI - Bridging Crypto with traditional Venture Capital. Presale 01.03 - page 61. (Read 10089 times)

jr. member
Activity: 84
Merit: 5
This project aims to invest in venture capital. The technological nature of this project causes respect and close attention. By investing in a team of professionals who know how to properly allocate investments, you can protect yourself from risks.

1. " The technological nature of this project causes respect and close attention"
There is no technological nature, it's just a marketing plan.
2. "By investing in a team of professionals who know how to properly allocate investments, you can protect yourself from risks"
Oh so it's centralised in the hands of a team of professionals? Now you tell me how decentralised it is and why do you need a token when you can just create a startup that does the same thing.
3. "This project aims to invest in venture capital"
You have startups for venture capital, you don't need to do an ICO for something that is easily centralised unless your goal is to run away with money.
sr. member
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
This project aims to invest in venture capital. The technological nature of this project causes respect and close attention. By investing in a team of professionals who know how to properly allocate investments, you can protect yourself from risks.
member
Activity: 406
Merit: 10
Hello, EQUI community. Please see our latest blog post -

EQUI - Making Venture Capital Fit for Purpose https://medium.com/equi-capital/equi-making-venture-capital-fit-for-purpose-de259359733b
jr. member
Activity: 350
Merit: 2
Dear Community!
EQUI was featured on Reuters. Please, check out the article and feel free to ask! Thank you in advance!
https://www.reuters.com/article/us-blockchain-token/two-uk-investors-eye-80-million-in-token-sale-for-vc-platform-idUSKBN1FQ007
member
Activity: 826
Merit: 10
Also I recommend using facebook graph api for your website.

And...
Where is your tech team?
Where are your blockchain developers?

"An innovative token" ?

Sorry but you look like a typical ICO scam



I would kindly ask you to read our whitepaper. Our tech team is lead by Andrei Karpushonak - Andrei is a software engineer with extensive experience at international corporations such as Motorola, BetVictor and Coral. He is a specialist in software architecture and design and builds robust and scalable solutions for a variety of concepts with a particular focus on blockchain related technology. He is a champion of the crypto community, organising CryptoMarbella Meetup bringing together the Southern Spain community.

Here is the whitepaper link in case you have missed it: https://equi.capital/whitepaper/EQUI_Whitepaper_050218.pdf



Oh okay, I will read your "white paper".

I checked the guy's LinkedIn. He is a web dev who recently started (5 months ago) a small venture in Blockchain.
I don't see how putting one guy (who isn't a blockchain dev at all) can help your case, he has no relevant blockchain experience.

So goes the white paper...

Speaking of which you have 43 pages, 2 of them are about your platform, 2 about the general blockchain stuff (yay a database, yay hashes and blocks)
The only relevant thing we can read about your platform (apart from the KYC stuff) is "It will be user friendly, aesthetically pleasing and provide all relevant information for an
investor to plan their investments and review their portfolio."
No actual technical details on the implementation. You have a picture so what?
What is your solution? Do you use metamask? If yes then why do you have an ethereum node, if no where do you keep the keys? Private/public solution?


Then on the business side...
If I understand you well people have to buy your token in order to invest it in some projects. If the project is successful and you have invested you get ROI and everybody can benefit from a % of your investment as well.
Which begs some questions:
- Why would projects use your platform and not do an ICO themselves? Especially if they will receive tokens.
- How will you update the rewards, you know that you can't update your smart contract automatically. Then who cares about your rewards since your product is not the businesses, your product is your token. Who cares about 50% of ROI when you are pushing 1000% with EQUI in a vary subtle way?
- Where is the business logic? You don't need 72 million to write a bloody 1000 lines of solidity code to do a demo



"Built on Ethereum Blockchain technology, EQUI disrupts the traditional venture
investment market and empowers the crypto community to join the next generation of
venture capital investors. Utilising EQUItokens, investors will be able to buy stakes in
emerging, entrepreneurial companies, and benefit from great investment returns and
rewards."

Why do you need Ethereum? Why don't you make your own fund and use fiat?
Assuming you've answered, why do you need a token? You can do the same stuff with Ether.


"Through a unique reward structure every EQUItoken holder will benefit from the returns
generated from realised projects, ensuring all interests remain aligned throughout
the project lifespan"
You are basically creating something like a DAO. Be very careful as the expectation of passive investment is a dangerous thing to do with unregistered instruments.
Right now you have no audit for that so proposing your token to everyone is not very legal. And your KYC won't save you.


"Following the ICO, the platform will be fully developed using the funds raised."
Oh so, a billionnaire can't put 5k on the table to pay a dev from India in order to sketch decent wordpress website/demo?



Conclusion

Too bad I do Blockchain project audit for a living and I see you people doing the same scams every time.
But I am sick of all the scams in the field, so I will tell what you really want to do.


You want to raise money from people with ambitious claims about how you are going to change and disrupt the world by basically throwing big words on the table.
Your white paper is a pure marketing plan to lure the newbie investor.
All you want to do in reality is a classic pump and dump. At best you will just run away with Ether and pay you a nice fee. Your use-case is weak, you have no demo. No real team, you don't have to put 13 people (with one technical guy) to do a website where businesses can register and receive your tokens.


Although I know I can't stop you and you will probably raise your 72millions anyway.
And as always your project will be as deserted as Augur shortly after your ICO.


Equi is using the very successful venture capital model and adapting it to the crypto space. If you would look at the whitepaper and website, the team have been very succesfully investing in venture capital for over 30 years. This disrupts the industry by allowing multiple people to invest small amounts as tokens, rather than relying on large institutional investors and high net worths as is usually the case.
member
Activity: 826
Merit: 10
What is EQUI? With Baroness Michelle Mone OBE & Douglas Barrowman! Check out the vid here https://www.youtube.com/watch?v=Z4hr2x3UT78
jr. member
Activity: 350
Merit: 2
Hey community, please check interesting news:
EQUI featured in this new article from Kitco!
http://www.kitco.com/news/2018-02-05/Two-UK-investors-eye-80-mln-in-token-sale-for-VC-platform.html
jr. member
Activity: 84
Merit: 5
Also I recommend using facebook graph api for your website.

And...
Where is your tech team?
Where are your blockchain developers?

"An innovative token" ?

Sorry but you look like a typical ICO scam



I would kindly ask you to read our whitepaper. Our tech team is lead by Andrei Karpushonak - Andrei is a software engineer with extensive experience at international corporations such as Motorola, BetVictor and Coral. He is a specialist in software architecture and design and builds robust and scalable solutions for a variety of concepts with a particular focus on blockchain related technology. He is a champion of the crypto community, organising CryptoMarbella Meetup bringing together the Southern Spain community.

Here is the whitepaper link in case you have missed it: https://equi.capital/whitepaper/EQUI_Whitepaper_050218.pdf



Oh okay, I will read your "white paper".

I checked the guy's LinkedIn. He is a web dev who recently started (5 months ago) a small venture in Blockchain.
I don't see how putting one guy (who isn't a blockchain dev at all) can help your case, he has no relevant blockchain experience.

So goes the white paper...

Speaking of which you have 43 pages, 2 of them are about your platform, 2 about the general blockchain stuff (yay a database, yay hashes and blocks)
The only relevant thing we can read about your platform (apart from the KYC stuff) is "It will be user friendly, aesthetically pleasing and provide all relevant information for an
investor to plan their investments and review their portfolio."
No actual technical details on the implementation. You have a picture so what?
What is your solution? Do you use metamask? If yes then why do you have an ethereum node, if no where do you keep the keys? Private/public solution?


Then on the business side...
If I understand you well people have to buy your token in order to invest it in some projects. If the project is successful and you have invested you get ROI and everybody can benefit from a % of your investment as well.
Which begs some questions:
- Why would projects use your platform and not do an ICO themselves? Especially if they will receive tokens.
- How will you update the rewards, you know that you can't update your smart contract automatically. Then who cares about your rewards since your product is not the businesses, your product is your token. Who cares about 50% of ROI when you are pushing 1000% with EQUI in a vary subtle way?
- Where is the business logic? You don't need 72 million to write a bloody 1000 lines of solidity code to do a demo



"Built on Ethereum Blockchain technology, EQUI disrupts the traditional venture
investment market and empowers the crypto community to join the next generation of
venture capital investors. Utilising EQUItokens, investors will be able to buy stakes in
emerging, entrepreneurial companies, and benefit from great investment returns and
rewards."

Why do you need Ethereum? Why don't you make your own fund and use fiat?
Assuming you've answered, why do you need a token? You can do the same stuff with Ether.


"Through a unique reward structure every EQUItoken holder will benefit from the returns
generated from realised projects, ensuring all interests remain aligned throughout
the project lifespan"
You are basically creating something like a DAO. Be very careful as the expectation of passive investment is a dangerous thing to do with unregistered instruments.
Right now you have no audit for that so proposing your token to everyone is not very legal. And your KYC won't save you.


"Following the ICO, the platform will be fully developed using the funds raised."
Oh so, a billionnaire can't put 5k on the table to pay a dev from India in order to sketch decent wordpress website/demo?



Conclusion

Too bad I do Blockchain project audit for a living and I see you people doing the same scams every time.
But I am sick of all the scams in the field, so I will tell what you really want to do.


You want to raise money from people with ambitious claims about how you are going to change and disrupt the world by basically throwing big words on the table.
Your white paper is a pure marketing plan to lure the newbie investor.
All you want to do in reality is a classic pump and dump. At best you will just run away with Ether and pay you a nice fee. Your use-case is weak, you have no demo. No real team, you don't have to put 13 people (with one technical guy) to do a website where businesses can register and receive your tokens.


Although I know I can't stop you and you will probably raise your 72millions anyway.
And as always your project will be as deserted as Augur shortly after your ICO.
jr. member
Activity: 84
Merit: 5
LONDON — Entrepreneur Michelle Mone and her billionaire partner Doug Barrowman are raising money to launch a new cryptocurrency-powered investment platform.




So you tell me why a billionaire has to raise 75$ millions
sr. member
Activity: 560
Merit: 250
Min. investment and i am out.
member
Activity: 182
Merit: 11
Hi everyone! Just added Equi Capital ICO to my website https://concourseq.io/Q/Equi_Capital. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
member
Activity: 476
Merit: 11
Why does EQUI have what it takes to be one of the next success story?

https://www.youtube.com/watch?v=ht9UKabGKL4&feature=youtu.be
member
Activity: 476
Merit: 11
To know more about EQUI, check out an introduction of EQUI from Doug Barrowman himself:

https://www.youtube.com/watch?v=N0eUZURrHZg&feature=youtu.be

member
Activity: 476
Merit: 11
"We’ve got incredible reputations. There’s no way we’re going to do anything untoward to let these people down. We will try our utmost" - said our co-founder Michelle Mone in an interview with Business Insider.

http://uk.businessinsider.com/ultimo-michelle-mone-doug-barrowman-equi-ico-cryptocurrency-2018-2
member
Activity: 476
Merit: 11
Also I recommend using facebook graph api for your website.

And...
Where is your tech team?
Where are your blockchain developers?

"An innovative token" ?

Sorry but you look like a typical ICO scam



I would kindly ask you to read our whitepaper. Our tech team is lead by Andrei Karpushonak - Andrei is a software engineer with extensive experience at international corporations such as Motorola, BetVictor and Coral. He is a specialist in software architecture and design and builds robust and scalable solutions for a variety of concepts with a particular focus on blockchain related technology. He is a champion of the crypto community, organising CryptoMarbella Meetup bringing together the Southern Spain community.

Here is the whitepaper link in case you have missed it: https://equi.capital/whitepaper/EQUI_Whitepaper_050218.pdf

hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Also I recommend using facebook graph api for your website.

And...
Where is your tech team?
Where are your blockchain developers?

"An innovative token" ?

Sorry but you look like a typical ICO scam



Nice observation and I could not agree more. The presentation is informative but lacks technical aspect of the token. To the OP please expound more information as we can understand the whole concept and its thriving eco system.
jr. member
Activity: 84
Merit: 5
Also I recommend using facebook graph api for your website.

And...
Where is your tech team?
Where are your blockchain developers?

"An innovative token" ?

Sorry but you look like a typical ICO scam

jr. member
Activity: 84
Merit: 5
I think that what you are doing is illegal (passive regular return on investment) unless your token is registered as a security.
sr. member
Activity: 476
Merit: 250
Interesting, I'll have to look it over but one thing caught my eye right away, an equity coin with 2 founders, one is named Barrowman (Borrow Man) and the other Mone (Money) Smiley
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