EQ TOKEN

                                  
Greetings to you all readers, in this article i will be discussing what exactly this brand new and pathfinding innovation EQ Token is all about and i will appreciate your standing by till the end.

In the modern internet space, more and more attention is paid to cryptocurrency investments and the investment market and Blockchain is becoming the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, we at EQ Token have assembled a professional team of budding entrepreneurs and seasoned investors to create an all-encompassing blockchain trading platform. Since cryptocurrency is designed for mainstream adoption, our platform will be a stop-shop for clients that intend to earn huge returns on investment. We will create a user-friendly system that incorporates both traditional markets and the blockchain based assets.

About The Project
EQ Token will be a new method of equity crowdfunding that will allow even the smallest investor to get equity in return for their investment. All investment applications on EQ Token website will need to offer up a portion of their business for a specified amount of money. If successfully funded, tokens will be created for this business. These tokens will be evenly distributed among investors based on investment size. Holding these tokens in your digital cryptocurrency wallet will allow us to send you shares of company profits. You will also have the chance to sell your tokens at any time on our own token exchange. We are going to utilise blockchain to help overcome issues with crowd funding. More specifically equity crowd funding. There are many different crowdfunding platforms out there today. One of the first and most well known is Kickstarter. On Kickstarter, people invest in idea that they like, and at each bracket of investment you are offered a reward, usually getting better the more you invest. The reward will be worth less than the amount of investment. If you truly believe in the idea you’re investing in, why not become a part of it? With EQ Token, any investment you make in a company will give you equity in that company and allow distribution of dividends as well as the ability to sell your equity at any time. If you had of invested $10 in Uber in 2009 when they were worth $3.7m, your $10 investment would now be worth over $250,000 as they are now worth over $100b. 
TOKEN MERITS
Additionally, the EQ Token opens up new opportunities not only for investors who can start taking an active part in any of the investment applications offered on the website, but also for businesses themselves. Which, in turn, by publishing their own offer for investors on the EQ Token website, will be able to quickly collect the necessary amount for the development of their project, giving their shares of the project in return for the token. Which I think is very convenient and fair.

It is important to note that the founders of the platform and the EQ Token will charge each project that wants to get into the list of recommendations for crowdfunding on their website a small fee that will average from $200 to $300. For this amount, the team of founders intends to make a detailed check and evaluation of the business idea, as well as check it for the degree of acceptable risk. As soon as the verification is successfully completed, the project will be credited to the platform.
But this is not all. Since in addition to the introductory control, the founders of the EQ Token will charge a small Commission on the amount accumulated by the project for its development. This will also include mandatory ownership of 3% of tokens from the project itself and 2% of the Commission on the amount of all available dividends. Of course, this may show too much to someone. However, these methods will allow you to cut off low-quality projects that were initially focused only on cheating their investors. Projects whose concept is based on the real benefits of the tools created or developed by them can withstand even such modest conditions of cooperation with EQ Token.

EQ20 TOKEN

The EQ20 token will be an ERC20 token. This token will be used to raise money to allow EQ Token to get started. A total of 70m tokens will be offered in the initial exchange offering for a price of $0.05/token.
The 3% of all tokens created through fully funded projects belong to us so these tokens will be evenly airdropped to all EQ20 token holders. A standard project will be created with 100m tokens. We will own 3m of these tokens and so these will be airdropped to all EQ20 holders. This means that for every 10,000 EQ20 tokens ($500) you buy, you will receive 300 tokens from every fully funded project that we ever create so investors in EQ20 will own a stake in every company the EQ Token business ever helps fund. Ever!
These tokens can then be sold on our decentralized exchange at any time or they can be kept in your wallet so that any funded company that starts to become successful, will start to pay dividends directly into your wallet!
We also plan to airdrop 25% of the 2% dividend fee to EQ20 token holders as well!

TOKEN SALE

The EQ20 token will be used to raise funds to help get EQ Token started. There will be 70m tokens sold in total in the EQ Token initial exchange offering for a price of $0.05 per token to help raise $3.5m.
The token sale will last for 30 days and our minimum target is to sell 35m tokens. If we do not reach our minimum token sale target within the timeframe, all funds will be returned to investors.
1m EQ20 tokens will be used for promotional purposes to help increase awareness of EQ Token and what we plan to accomplish (mostly through social media competitions).
There will be 4m EQ20 tokens that will be used to reward participants in our bounty program. These tokens will be paid 1-2 months after the successful completion of the IEO.
The remaining 25m tokens will be kept by the core development team and may be used to pay external contractors.
ROADMAP TIMELINE
NOVEMBER 2019
RELEASE OF WHITEPAPER — COMPLETED
JANUARY 2020
WE HAVE STARTED OUR BOUNTY PROGRAM TO HELP RAISE AWARENESS OF EQ TOKEN BEFORE OUR IEO. WE ARE OFFERING 4,000,000 EQ20 TOKENS TO PARTICIPANTS.
Q1 2020
IEO RELEASE TO SELL 70M EQ20 TOKENS FOR $0.05/TOKEN TO RAISE $3.5M NEEDED TO GET EQ TOKEN OFF THE GROUND WITH ENOUGH CAPITAL TO EXPAND QUICKLY ACROSS EUROPE
Q2 2020
START TO HIRE EQ TOKEN CORE TEAM AND OPEN UK AND EUROPEAN OFFICES
2021
AIM TO OPEN OFFICES IN THE US AND FURTHER DEVELOP THE EQ TOKEN TEAM AND BUSINESS
Authorship: Joecolern
Bitcointalk Url:https://bitcointalk.org/index.php?action=profile;u=2246034

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