EQUI Capital - Will the Scottish duo be able to replicate their success in Dubai?
Last week I wrote an introductory post about EQUI capital and how it envisions to democratize the Venture Capital industry which traditionally has always been a monopoly of the rich. Although Equi has several attractive manifestos at its disposal, disrupting the status quo will be difficult as we are dealing with an industry that requires high-level knowledge in the technical domain as well as a lot of groundwork. Future Regulations on cryptocurrencies and varying interpretations over the token's nature can be another challenge. However, it suffices to say that EQUI has got the right people at its top to potentially deal with all the adversities and challenges and some of their profiles speak volumes of their expertise. I'm particularly talking about the founders - Doug Barrowman and Baroness Michelle Mone.
Doug is a vastly experienced, successful venture capital investor and businessman leading institutions such as Aston Ventures & Knox group. Michelle, on the other hand, is renowned for being an innovator in retail industry. She founded the UK’s leading designer lingerie brand and her enormous contributions to business has been acknowledged by the British Government. There are plenty of things to focus on both of their illustrious careers but here, I would like to highlight one of their fairly recent projects - The Aston Plaza & Residences, the first of its kind real estate project located in Dubai, where luxury apartments can be purchased through Bitcoins.
Located in Dubai, one of the global hotspots of real estate investment in the world, the project offers affordable studio, 1 and 2 bedroom apartments that can be purchased in bitcoin or a combination of bitcoin and fiat. Some of the closest landmarks include the famous Burj Khalifa building and Dubai International Airport. The complex hosts 1,133 luxury apartments spread over 2.4 million square feet and also includes a gym, underground parking, children’s play area and a swimming pool.
In an interview given to CoinDesk Michelle said that the apartments were aimed at the "The amazing blockchain community". The reception so far has been amazing, with all the apartments offered in "Phase 1" sold out. The property purchases originated from all around the world with the purchasing process made simple through a website. Doug also points out the fact they are still receiving lots of inquiries from all over the world. It suffices to say that Aston Plaza & Residences has been a huge success in real estate hotbed of Dubai and also within the cryptocurrency community, with the founders being able to build a strong relationship with the crypto investors. This success is something that they will hope to carry forward to the ambitious EQUI project and its upcoming ICO.
Read my original article explaining the EQUI Platform, EQUI Token and the upcoming ICO here.
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To learn more about the project & to get involved in the ICO visit the EQUI website
Telegram — https://t.me/equicapital
White Paper-https://www.equi.capital/whitepaper/EQUI_Whitepaper_050218.pdf
BitcoinTalk ANN — https://bitcointalk.org/index.php?topic=2888110
BitcoinTalk Bounty — https://bitcointalk.org/index.php?topic=2888537.0
My BitcoinTalk Profile — https://bitcointalk.org/index.php?action=profile;u=1404731
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