CORL: The Foremost Revenue-Sharing Token

collinberg (6)in #cryptocurrency • 6 years ago

Businesses and investments have been recording some significant loss in their output. Some of these businesses have been forced to shut down because their loss outwits their profitability. Sharing of revenue has been a consistent problem that businesses face and most times, a greater percent of revenue goes to a particular section that the other. This creates room for dissatisfaction and leaving investors almost empty-handed.
There is also a problem facing investors. Often times, investors find it hard in making investments in early-stage companies because of the challenges that come with it. Though these early-stage companies are accessible, funding them is rather a herculean task. The current funding model is centralized and most retail investors have limited access to funds. This in no small measure has contributed in the decline in start-up companies and this has an adverse effect on the world economy. The financial implication of this action is a loss of about $100 billion every year.
The current business model does not provide an enabling environment for good profit sharing. This is where CORL comes in.

Introducing CORL Token

The CORL project is an initiative which aims at providing business investors with a better profit-sharing model. CORL is a subsidiary of the Corl Financial Technologies Inc. based at Canada. CORL recently launched the CORL Token. The Token is the first in the world and aims at providing a profit-sharing model that will allow investors receive their revenue on quarterly basis. The revenue accrued to investors will be paid out in form of Ethereum (ETH) and this is payable to the earnings of the investors on the CORL platform.
The CORL Token is built on the blockchain technology and this is used in the issuance of tokenized dividends to investors. It also provides a KYC-compliant ownership model that provides equity ownership to companies. The Token allows investors participate in the funding of start-up companies. The Corl Financial Technologies Inc. has its aim as “empowering entrepreneurs and investors through the use of technololgy and innovative funding strategies based on revenue”.
Corl believes that entrepreneurs and early-stage companies should have easy access to required capital to fund their business. The Capital-as-a-Service feature of the CORL Token allows entrepreneurs grow their company at their own pace and terms.

Investors’ Problem
The basic problem facing investors is the funding of start-up businesses where they have interests. Though some investors have access to funds, others have little or no access to funds to start their business. Most start-up companies have positive visions and concepts which if implemented, will drive the world economy to an enviable height. The decline they receive when sourcing for funds often inhibits their operation and in severe cases, they are forced to shut down. Equally, most investors seize the opportunity of accessing funds to embezzle a significant sum. This implies that investors often apply for a larger sum than their business required and this is not entirely good because the excess fund they receive could have been beneficial to other start-up businesses and investors likewise.

The Way Out

I believe that the CORL Token is a better way out for these problems. The CORL Token not only helps investors raise funds for their businesses but also checks for irregularities that come with it. Most times, investors mismanage their funds and others apply for excess funds which is not encouraging. Funds are meant to be accessed by all eligible investors and not a few.

For this reason, the CORL Token has a feature that allows it cross-check investors’ access to funds. Companies and investors are mandated to directly apply for funds through the Corl Business Platform. These companies or investors as the case might be are required to authorize the Corl have access to their payment gateways.

Through the payment gateway, Corl can retrieve the financial standing of a business or investor and run a check with it on the amount of funds applied for. The retrieved information also includes the banking data and credit history of the owner. This helps Corl make a decision on the eligibility of the investor or business to access funds on the platform. This information helps to determine companies’ eligibility to access funds and the potentiality of their growth process.
The process of applying for funds is quite swift; taking only about 10 minutes. Once a company has been granted funds, the company’s revenue is calculated monthly and payments are collected from the company’s bank account through a pre-authorized debit transaction. Companies can also review their investment terms and track their investment history on the Corl Business Platform.

The CORL Token And Tokensale Details
The CORL Token is expected to be developed using the Ethereum (ER20) and the Polymath (S20) protocols. The Ethereum protocol just like every blockchain asset will offer decentralized consensus and operational execution. The Polymath protocol ensure regulatory compliance with the regulations of securities laws such as Know-Your-Customer (KYC) and AntiMoney Laundering (AML).

Token: CRL
PreICO Price: 1 CRL = 0.05 - 0.10 USD
Price: 1 CRL = 0.15 USD
Platform: Ethereum
Accepting: ETH & USD
Hard cap: $49,500,00
Whitelist/KYC: KYC & Whitelist

Attributes
There are many key benefits of using the CORL Token. The CORL Token has other special attributes that stands it out.
It is the first token that uses the blockchain technology to accelerate the growth of early-stage/start-up companies.
It offers a revenue-sharing model.
Tokens are issued through the Ethereum (ETH) tokenized dividends.

Team Members
Here are some of the team members the CORL project.