EQUI — Everything you need to know about their ICO II
As promised earlier today, I’m back with the remaining part of the EQUI Capital review. If I recall correctly we stopped at the bonus structure, so let’s start it off right again!
EQUI ran a two week pre-sale during the start of March for people contributiong over 100,000 $ in exchange for EQUItokens plus an additional 25% bonus on those. The public sale will start right after, beginning at March 15th and is split into weekly periods of individual bonuses, starting at 15% from March 15th to… hold on, I’ll include a bonus structure illustration — it’s surely easier to read that way:
The last period will go on until the public sale is concluded which will be on April 12th 2018. The token supply we are looking at will be 250 million á 0.5$ which equals a marketcap of 125 million USD — Really high for my liking to be completely honest with you. The token distribution and allocation is similar to every other ICO — being split up between different business expenses. To conclude this little ICO review about EQUI Capital, I will give you my honest opinion on it: The overall idea and concept looks great, however the market cap puts me off a little. In the current time of ICO investing the market caps of really promising projects start as low as 10 million USD, which is actually a lot if you think about it rationally. Receiving this amount of money in the traditional market isn’t easy, no matter how promising the idea and concept. Putting up a 9 million valuation (yes I know that it’s a stretch to compare it to the traditional company valuations — chill) is still something I’m not ok with. Therefore I will wait for the rebound or exchange listing of EQUItokens to purchase them and will go from there. The concept and idea are great nevertheless and I might add some EQUItokens to my long term portfolio as well as doing some active investing in projects launched on the EQUI platform.
Well, that’s it from me for the EQUI Capital project and ICO. I hope you enjoyed reading my articles about it and I would surely appreciate seeing you around for the next ICO I take on. Have a good one!
