Guest blog post from our Friends at Corl
The World’s First Token That Shares in the Revenue of Startups
The Canadian crypto organization, Corl, uses blockchain to empower small businesses and helps talented founders build revolutionary companies. Corl is revolutionizing the way businesses raise funding with a transparent blockchain investment platform. By leveraging automation and advanced risk management, Corl’s security token offers an intuitive way to inject capital into high-potential, early revenue businesses. Founders get fast, fairly-priced, non-dilutive growth capital, and investors receive dividends in Ether (ETH).
As a public offering that will adhere to regulation, the CORL token drives economic growth by offsetting the billion-dollar deficit in startup financing. Businesses perform better when growth is organic; this is why Corl allows startups to retain autonomy, equity, and board seats while benefiting from their flexible repayment approach.
The long-term vision of Corl is to transform the fundraising process by leveraging data, automation, and decentralized authority to drive more efficient, profitable, business financing. To achieve this, the company will undergo a multi-phasic approach of business model iteration, by expanding product and service offerings to satisfy the market, drive returns for investors, and minimize financial and operational risk.
Recent Announcements from Corl
Last August, Corl made several announcements at the Blockchain Futurist Conference in Toronto, Canada.
- Corl has pre-filed their Prospectus with the Canadian regulators for the STO.
- Upon approval, Corl will be the first company in the world to “go public” through a token.
- Corl will be accepting POLY during the STO.