Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: HBKMusiK on March 13, 2018, 09:50:31 PM
-
Self-deflationary, Fairly Distributed, Multiplatform Utility Token
VISION
EQUAL aim's to facilitate an ecosystem of products and services that are either powered, funded or incentivised through the EQUAL ERC-20 token.
What makes EQUAL special is it's rapidly growing community, future seed offering program and it's unique self deflationairy token design.
MOTIVATION
Developers running ICOs raise funds for application-specific tokens that are used for transactions or membership fees inside their own application. These tokens can also experience value decline when compared to Ethereum, resulting in an application token that is more of a hinderance to the end user than utilising Ethereum itself. This results in a fractured token market where most tokens could be replaced by a single, multi-platform utility token, incorporating a self-deflationary growth mechanism to ensure stable, long term, growth, while also bridging the gap between a wide range of applications.
ADOPTION
The EQL token aims to be the most widespread cross-platform utility token used in a range of tech-oriented applications. In order to speed up the adoption of EQL, a seed offering of tokens will be made available to established service providers, who are looking to adopt the token for use inside their own application as an in-application currency or reward.