Shareslake changes the stock market concept, but they don’t stop in just tokenizing companies’ shares.
In the current markets the stocks are negotiated mostly into the secondary market. When an investor buys shares of a company the company is not actually funded. It is just an exchange of shares and money between two investors, where both of them pay a commision to an intermediary broker. Shareslake’s main objective is to provide funds to a company every time their shares are transacted, providing them with a continuous funding while they are listed.
Shareslake is able to provide up to 2% over a company market cap to the underlying company annually.
This creates the perfect ecosystem for companies, specially for startups since apart from the normal funding in current stock markets, or by venture capital, they receive a periodical fund.
To be able to opt for that benefit, the company has to accept the Shareslake coin (Redeemable) for their products, giving real usability to the coin.
The value of Redeemable comes from two different sources:
All the information about the project can be found at https://www.shareslake.com
Shareslake presale is live, and they are also participating in Fund 8.
Telegram: https://t.me/+ZF7rGVG-0-FmOTQ0
Discord: https://discord.gg/Ds6XVSNFBq
Twitter: https://twitter.com/Shareslake
Original Source: Press Release
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