Scottish Baroness Michelle Monet and business tycoon Doug Barrowman launch Equi's own crypto currency, which should "inspire women to invest in the technology industry."
Baroness Monet, a member of the House of Lords, and the founder of her Ultima underwear company, hopes to make a profit of $ 75 million through her ICO - Equi token and the Equi Capital blockbuster behind him. The cost of one Equi-based token (ETH / USD) at the moment is $ 0.5.
Baroness reports that the platform is likely to open venture capital to a wider range of investors, giving them access to proven high-tech companies."This will attract venture investors in the era of new technologies, allow them not to act alone, and unite to join the sector of serious investments, where only large corporations had access before," said Michel Monet.
Startups on this platform will be selected manually by a group of venture capitalists, led by Doug Barrowman.
"With the help of Equi, investors will have the opportunity to participate in serious projects. This is a good chance to keep up with a completely new investment movement, "Barroumen comments.
The presale is scheduled for March 1. Those who are ready to invest 100 thousand dollars will be able to participate. For the first investors there is a 25% discount. The sale of tokens will be launched a week later, the minimum amount of investments will also be $ 100 thousand.
According to Reuters, the project will issue 250 million tokens, of which 65% will be sold, and 35% will remain in the hands of the founders.
"This project is also valuable because anyone can take part in it with shoulder to shoulder with the most famous businessmen," says Baroness Monet.
It should be noted that this is not the first joint project between Monet and Barroumen. Last year they offered investors real estate in Dubai for bitcoins (Bitcoin). The property was valued in dollars, and then, the value was converted into a digital currency.
In my opinion the participation entry is way too high. Not everybody got 100K to invest in one venture project...
