Press releases
EQUI Raises $7 Million in Only a Few Days of Pre-Sale to Fund Its Mission to Radically Redesign Venture Capital
Bitcoinist | Mar 06, 2018 | 12:15
EQUI will be a cryptocurrency-powered investment platform underpinned by secure blockchain technology with an experienced founding team.
London, 6th March 2018: EQUI, a game-changing cryptocurrency-powered investment platform that opens up venture capital, today announced it has raised $7 million in its first few days of the ICO pre-sale stage amidst unprecedented interest.
EQUI will champion high-tech innovators and entrepreneurs, providing a new route to investment. More than this, businesses brought on to the EQUI platform will benefit from the guidance of the experienced team, including two of the UK’s most successful business people.
EQUI is a web-based application leveraging the Ethereum blockchain. Projects are showcased on the platform and participants use EQUItokens to acquire a stake in projects, and it can also be traded like any other cryptocurrency. Upon realization, returns are distributed to investors in the projects. Propositions under active consideration include the sectors of technology, biotech, and blockchain. The platform already has two exciting investment opportunities in the areas of Big Data and E-gaming.
Co-founder, Baroness Michelle Mone OBE, said:
I have been blown away by the interest we’ve already had from the crypto community. The $7 million we have raised is the tip of the iceberg, and it goes to show the desire and need for an innovative ICO backed by successful business people.
Doug Barrowman, founder of EQUI said:
Having followed, and been involved in crypto for longer than most, it’s fascinating and exciting to become part of the community, and to be able to use my experience and knowledge to give something back and grow this exciting technology.
EQUI is the evolution of a lifetime’s work spent in the venture capital industry. It is the new disruptor that will change the workings of an established industry and offer everyone the opportunity to be a venture capital investor.
The pre-sale phase is live now and precedes the public sale phase of the ICO which starts 15 March 2018. Register your interest at EQUI.capital.
About EQUI
EQUI brings venture capital investing into the modern technological era. It allows individuals to combine forces and participate in an investment sector that has traditionally been the preserve of institutions and ultra-high net worth individuals.
Doug Barrowman is the Founder of EQUI along with businesswoman Baroness Michelle Mone OBE who is the Co-Founder of the platform. They are supported by an advisory board of successful entrepreneurs including Mark Pearson, the founder of MyVoucherCodes and experts within the fields of investment, cryptocurrency, and law.
The core investment model will be to take equity or loan positions in innovative businesses that can demonstrate vision and scalability. These businesses may require not only capital, but also expertise to steer the venture to optimization and fulfill their true potential. Projects will vary in size and estimated maturity timeframes.
Investors who commit their Tokens to underlying projects will receive 75% of profits generated by projects they participate in.
EQUI is launching an ICO for early adopters who wish to support our vision. Our token sale will enable the acceleration of technical development and all other aspects of the business, including infrastructure and additional personnel.
A pre-sale will run from 1 March to 15 March 2018. A minimum investment level of $100,000 is required to participate in the pre-sale. A 25% bonus incentive applies in this pre-sale.
The public ICO will run from 15 March with bonuses available in the first two weeks of the sale.
EQUI Platform Overview
EQUI utilizes the established Ethereum blockchain to process and store credentials, information, and transactions, including the acquisition of project stakes, distribution of profits, deployment of investment returns and investor rewards. The use of Smart Contracts, written in Solidity and compiled for Ethereum Virtual Machine, ensures security, reliability, and transparency for all EQUI participants.
The EQUItoken is a standard ERC20 token that is designed solely for use on the EQUI platform. It enables users to participate in EQUI investment projects. If the user wishes to hold on to the token it can be stored securely on the EQUI platform for future investments or traded through public exchanges.
EQUI is a web based application that is accessed through any compatible web browser. Following the ICO, the platform will be fully developed. It will be user-friendly, aesthetically pleasing and provide all relevant information for an investor to plan their investments and review their portfolio.
Images courtesy of EQUI
