EQUIToken
EQUI Global

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The Raise Total

$0

Price Per Token

-

Raise Start

-

Minimum Investment

$0
EQUI will be a blockchain powered Venture Capital Fund which combines the conventional principles of investing in a fund with a tokenized backend that allows value to be determined and then traded in the market through the EquiToken. EQUI will be an open-ended Fund that allows ongoing liquidity events for its investor base

Terms

Fundraise Information

Total Raise $0 USD
Soft Cap $10,000,000 USD
Raise Status -
Minimum Investment $0 USD
Accepted Investors -
Security Type LP Insterest
Exemptions -
Instrument SAFT

Token Information

Price Per (EQUIToken) -
Token Issuance Platform -
Token Protocol Other
Token Issuance Info 12 Months
Payment Options
  • Other Fiat
  • Euro
  • USD
  • BTC
  • ETH

Token Rights

EquiToken offers liquidity

About

Overview

The Tokenomics of the Fund consists of two components, EquiUnits and EquiTokens: EquiUnits are non-tradeable investment Fund Units which investors receive on initial investment into the Fund. They represent the Fund’s internal investment ledger EquiTokens: provide external liquidity for the Fund and this is their sole purpose. When EquiUnits are required to be traded, they are converted into EquiTokens and transferred to an individual EQUI Wallet. They are then capable of being traded independently of the EQUI Fund on external exchanges. The Token can never be transferred back into the Fund. When an EquiUnit is transferred into an EquiToken the EquiUnit is burnt and ceases to exist. In this way, there will never be a duplication of the Unit and the Token Additionally, When a Fund backed project is sold at profit, gains will be distributed 80/20 in favour of the investors. However, 3% is first deducted from profits for charitable giving prior to applying the calculation. The 20% will go to the EQUI Fund managers as reward and is industry norm within the venture capital industry. The balance of 80% will be reinvested back into the Fund to enable further investments to be made and to perpetuate the lifecycle of the Fund. Since market forces will capture the enhanced Fund performance in terms of a price increase in the token, there will be no need to distribute individual profits to individual token holder

Highlights

TBD

Team

Steve Wozniak

Founder

Doug Barrowman

Founder

Not Verified

Baroness Michelle Mone of Mayfair, OBE

Founder

Not Verified

Tim Eve

Investment Director

Not Verified

Paul Ruocco

Investment Director

Not Verified

David Powell

Investment Director

Not Verified

Advisors

Stephen Meade

Serial Entrepreneur

Mark Pearson

Serial Entrepreneur

Use of Funds

Platform, Technology, Hardware

40%

HR, Operations, Fixed Costs

10%

Sales & Marketing, Outreach

30%

Legal, Due Diligence

10%

Compliance and Jurisdiction

10%