Eqwity Project: An Innovative Crypto Project Based On The EOS blockchain Technology

ebenezer (38)in #cryptocurrrency • 5 years ago (edited)

Many cryptocurrency blockchain projects are migrating to EOS blockchain Technonogy, the reasons being that the EOS blockchain technology is the latest innovative blockchain technology that is creating waves in the cryptocurrency space. With its high scalability and security capabilities, the EOS blockchain technology is helping developers of great projects to create DApps on their ecosystem with ease. There is one innovative and fantastic EOS crypto project that is currently using the EOS blockchain Technology for its operations. The Crypto project is called Eqwity . Eqwity aim to create an ecosystem that encourages the blockchain industry independently, by introducing new ICO standards, and is supported by EOSIO, a blockchain protocol powered by the native cryptocurrency EOS. The protocol emulates most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk storage) with the computing resources distributed equally among EOS cryptocurrency holders. EOSIO operates as a smart contract platform and decentralized operating system intended for the deployment of industrial-scale decentralized applications through a decentralized autonomous corporation model. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second.
There are a lot of problems in the ICO project ecosystem, with the so many downfalls and pending issues associated with ICO projects it calls for total restructuring using the EOS blockchain technology, because of that the Eqwity with ICO.E Platform was created to deal with those problems. Eqwity project intends to help and protect investors from fraud; since the ICO booming, too many investors have been deceived according to the statistics, 78% of ICO ends with SCAM, that's not the only problem faced by investors who have helped finance ICO projects, but investors don't get voting rights, shares and dividends in the company, and this is where Eqwity plays a role in help investor problems by relying ICO.E is the new ICO standard based transparancy and bidirectional trust between founders and investor. ICO.E means Initial Coin Offering + Equity Airdropping, ICO.E uses new concepts in the process of fundraising, bilateral transparency, bidirectional trust (investors and founders) sustainable finance and Proof of Viability.
It also intends to provide solutions for ICO founders; many projects that end up failing because they are not listed on the exchangers or because the planned product does not materialize, according to News Bitcoin the collected ICO funds end up in a very large amount of more than $ 100 million. The problems faced by ICO are mostly due to low project quality, lack of entrepreneurial experience, lack of skills and not having a sustainable financial vision, this is where the role of Eqwity by using the ICO.E Platform provides a solution for all these problems.
The use of the EOS blockchain technology will improve transactions process, bring trust and transparency to the Eqwity ecosystem. To learn more about this fantastic project you can quickly read the whitepaper here: https://www.eqwity.io/wp-content/uploads/2018/10/Eqwity_WhitePaper_ENG_1.0.pdf
Eqwity project is going to make use of the EOS smart contract to manage all its payment actions. It will employ the use of Eqwity token(EQY) in its ecosystem. To facilitate the development of the Eqwity Ecosystem, the team has provides opportunities for the public to invest through the sale of EQY Tokens which will start on November 8, 2018, with the price of Eqwity tokens starting from 1 EQY = 0.01 USD and 3,250,000,000 EQY available for sale