Even in this era, the concept of blockchain technology in relation to the world of finance is still very novel to many people. While many are familiar with blockchain as a kind of digital currency, EQ Token is taking it all to the next level by making use of blockchain technology to address the various challenges that come with crowdfunding. The brand is focusing particularly on equity crowdfunding.
For many entrepreneurs out there, the best way to raise funds for their ventures is by making use of any of the countless crowdfunding platforms in existence. Kickstarter is a very good example of this type of crowdfunding platform. Individuals are able to invest in preferred concepts and they are rewarded. This is exactly where EQ Token comes in and it is coming to revolutionize the whole concept.
With EQ Token, investors are able to get equity in the venture or enterprise that they have invested in. However, that is not even all; there is also room for the spread of dividends in addition to the chance to sell the equity whenever the investor decides. There are several advantages and reasons to join the EQ Token train.
The choice of blockchain technology by the brand is backed up by a number of reasons. Talking of fees, the conventional strategies of crowdfunding come with a lot of charges. This is owing to the fact that the crowdfunding ventures often have to depend on other companies to coordinate the financial transactions. A huge chunk of the fees goes to third parties but by making use of EQ Token, the brand has been able to do away with all these extra charges.
Equity is another principal reason to be an investor with EQ Token. Virtually none of the crowdfunding ventures today give any form of equity for investments made. But with the implementation of Ethereum smart contracts, ownership can be neatly sorted and shares can be linked to personal Ethereum wallets. This way, EQ Token gets to ensure that investors get their fair share of profits which come in the form of dividends and there is also an opportunity for the sale of their tokens.
Also with EQ Token, an investor gets to own everything as far as your tokens are concerned. Investors can also transfer their tokens to anyone they so desire or even trade them or have them kept away in a secure location. This freedom and total control as an owner is one of the reasons many have joined the EQ Token train. With this brand, blockchain-based equity crowdfunding has definitely come to stay and it is a win-win deal for everyone, ventures get the funds they need to advance and investors get to reap all the dividends.
Further information at: https://www.eq-token.com/