Equibit is an exclusive blockchain protocol for security tokens. Over the last few years, the world has been captivated by the multi-billion-dollar Initial Coin Offering (ICO) phenomenon—security tokens will be the next phase. Several trillion dollars of assets are ready to go digital and P2P. Equibit issuers and investors conduct business on a decentralized network powered by Equibit’s digital currency, EQB. Miners keep the entire experience safe, earning EQB from transaction fees and block rewards. Individuals only need a compatible wallet to invest and raise capital. Equibit is making it convenient for sellers and buyers to find each other and make atomic swaps—a secure P2P exchange of crypto assets. It makes the world of investing and raising capital more affordable and transparent than ever.
Equibit Group is the creator of the Equibit coin (EQB). It considers itself a part of an ambitious group of firms set to deliver technology at scale on account of three established principles: tokenization, trust minimization, and decentralization, to reach the goal of drastically cutting transaction costs.
At the core of Equibit is Nick Szabo’s trust minimization concept—“a critical blockchain mechanism that codifies the network rules and operations in such a way as to allow participants to transact with one another in confidence, without having to spend time and effort building trust in one another.”
Trust minimization can be achieved by rewarding network members “to commit resources to the network that are applied to prove that transactions posted to the network follows the agreed-upon rules.” Equibit achieves that through “a proof-of-work consensus model, on a dedicated blockchain, using SHA-3 hash puzzles.” Trust minimization enables Equibit network participants—purchasers, issuers, sellers, and their agents—to trade digital securities with confidence.
Tokenization refers to the creation of coins or tokens which are individually traceable on the blockchain and are usually available in limited quantity. Equibit miners will produce a total of 21 million EQB in the next 60 years after a predetermined logistics curve defined in the Equibit protocol. Coins have two key functions: they are used to settle fees to the miners who create block space and are necessary to issue securities on the network.
|Price||1 EQB = 10 USD|
|Accepting||BTC, CHF, ETH|
|Soft Cap||250,000 USD|
|Hard Cap||4,000,000 USD|