Just about a month ago, Equitybase informed the world about the introduction of their token, it seemed like just one of the many others, but with the latest developments that have been observed so far, It’s clear that equitybase is one of the best 21st century innovations of our time.
But before you dive in, I guess I should really tell you quite a lot about what Equitybase is really about.
Remember when you went out to that very popular supermarket, and after you found a good parking spot, you saw a bold sign in front which says “cars are parked at owner’s risk”? That’s technically what’s currently happening in the cryptocurrency market these days.
A lot of people do not completely understand that blockchain token models are quite different from the traditional security tokens. In the blockchain model, the tokens are easily traded after they have been issues, nevertheless, securities which are owned by holders, are quite illegal, according to law.
Equitybase is committed towards taking the bull by the horns in order to tackle the major problems surrounding the security of tokens with their platform. Far beyond that, Equitybase will completely address these issues by building a platform that follows best existing regulatory practices that are 100% compliant to the blockchain technology.
Equitybase will apply a revolutionary solution that will completely eliminate the need for the continuous maintenance of a centralized exchange system because it will be incorporating a model that will be fully self regulating.
As revealed by the foundeing team, a completely responsive and functional website will be launched. This will give members the opportunity to obtain massive dividends by investing in asset backed secutity tokens.
Equitybase us considered to be a major gamechanger because it avails everyone with the opportunity cash in on high quality assets.
In order to help power and guarantee the safety and speedy processing of transactions, the equitybase team have created an ERC20 standard polymath token which is identified ad BASE.
Reports from the whitepaper reveals that just about 360 million tokens will be minted, and after that, no more base tokens will be minted in the future.
Asides security, equitybase will also be offering a wide range of investments which will include variety of products such as common equity, preferred equity, and even debt.
The platform will be a fully independent standalone peer to peer network system, which is already designed in order to digitalize the real estate industry, and further further help it move towards a decentralized system.
If you wish to know more, you may visit any of the links below:
Announcement thread: https://bitcointalk.org/index.php?topic=2965628
Download the whitepaper: https://equitybase.co/equitybasewhitepaper1.pdf
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This content was written by bitcointalk user: vocalwalls
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