Yani Fitriyah: Maret 2019

Introduction

Along with the rapid development of the ICO market (Initial coin offering) is a new way to raise funds that emerged over the past few years, because many projects grew thanks to ICO who tried to solve problems or offer services related to blockchain technology.

It's no secret to say that the growth of the ICO has shifted one of the current fundraising mechanisms. Unfortunately, like the other majors of technological breakthroughs at first, ICO has many disadvantages.

This is what causes excesses and abuse to surf in the initial euphoria, lack of security, regulation, transparency and lack of experience of stakeholders, both investors and founding projects. Thus many investors are very interested in Blockchain and ICO technology related to its use.

The Problem

There are many problems that hinder this promising project like the following

Number of fraudulent projects, resulting in failure to give voting rights, shares or dividends to investors after the ICO

Low team qualifications, and lack of experience in the financial sector, delay in the inclusion of project cryptocurrency in the list, causing a high percentage of ICO launches to fail.

The investigation of funds by the founders related to the lack of information about them

There is a ban by some governments because of the possibility of laundering funds obtained by illegal means with the help of ICO.

With the problems mentioned above, as the author suggests to all parties to get to know more closely and join the Eqwity Project which is the right choice, to provide protection to investors, so as to provide projects that promise opportunities to develop, and create a platform for further human development.

The main objective of the developers is to create a decentralized ICO market, which allows to ensure the security of investor funds and the development of promising projects.

In this Project there is an Eqwity work Ecosystem that will be provided by several components such as the following;

ICO.E Platform;

The most important component of the Eqwity ecosystem is the ICO.E platform to create a new format for Fundraising for further project development. To become a member of this platform, every investor and founder of the ICO will undergo a KYF process, which not only involves verification of identity, but also a number of other data about the person, including the existence of criminal records.

Site for Voting;

And every project before entering this site, will undergo the PoV process, confirming its feasibility. It is important to note that when investing in a particular ICO on this platform, a smart contract will be concluded, with provisions where the investor will receive the right to vote, as well as dividends from the investment. This will ensure maximum protection of investor rights and guaranteed project development.

Exchange for the purchase and sale of shares in the project;

With the existence of a voting platform, it will become an Eqwity component that is equally important. Here, investors will be able to choose for any changes in the ICO strategy, and the project developer itself will be able to receive advice on further financial development. It should be noted that the voting process will be fully decentralized, only 1 vote will be taken from one investor, regardless of the number of shares.

Unit for team preparation.

And for the last ecosystem component but not the least important is the unit for team preparation, which allows to develop feasible products. Here, project developers will be able to use mentor services, find better qualified team members, and recruit missing specialists for further development. Thanks to this unit, many beginner founders will be able to develop truly relevant projects, eliminating all possible mistakes and achieving sustainability.