At Chainium we have a simple mission: to disrupt the global equity market. We stand for any business that wants to raise capital to grow. We stand for any investor who wants to buy shares in businesses they believe in. That’s why we built Chainium. To connect businesses directly to investors, using blockchain. To make buying and selling shares easy. Our platform is already available as a prototype on our website. It provides solutions to the problem of raising capital for large enterprises and smaller businesses alike. We offer business owners access to the sophisticated tools and techniques of the listed markets for a fraction of the price. For investors we provide direct access to a huge range of equity offers previously only open to institutional investors, for zero fees. Raising capital through equity in the traditional way is a complicated and costly process. Running an IPO takes months of planning, multiple engagements with advisors, negotiations with banks and law firms to gain regulatory approval, and pitches to attract institutional investors.
The old-world problems that Chainium solves are:
– Barriers to Capital Raising: Access to capital is traditionally controlled by a small number of powerful intermediaries. SMEs in particular are highly dependent on the liquidity and appetite for risk of their main bank. Many businesses simply don’t get access to the capital they need to grow.
– Barriers to Investing: Access to investments is traditionally controlled by a small number of powerful intermediaries. Retail investors in particular are often excluded from corporate actions and investment opportunities.
– High Costs: Intermediaries charge both investors and business owners excessive fees. Lack of competition, even from new players like equity crowdfunding platforms, keeps fees high.
Chainium is the platform to buy and sell shares – business owners can sell equity in their businesses to raise capital and investors can buy and sell shares from businesses. You can see our prototype on our website. Like all good ideas, at its core our platform is really simple. Chainium allows business owners to sell equity in their business in return for capital from investors. We can offer this service free of charge to both business owners and investors because we keep our processes simple and use blockchain technology.
What is the purpose of our Token Sale?
We are undertaking a token sale for three reasons:
– to raise funds to complete the development of Chainium and to launch the production platform.
– to create a committed community of token owners who will transact on Chainium.
The sale details are:
– Total number of tokens created: 20,000,000
– Maximum number of tokens for sale: 10,000,000
Of the 10,000,000 CHX tokens available for sale, any that are not sold once the public sale ends will be burnt (permanently destroyed).
– The maximum amount to be raised (hard cap) is: USD $8m
– Minimum individual contribution: 0.1 ETH
– Maximum individual contribution: None
– Price for CHX tokens 1 ETH = 600 CHX.