It’s no secret that our lives are constantly improved by technological advancement, and twenty years ago, the entire world became connected thanks to the appearance of the Internet. It did not took long until the Internet of Things (IoT), combined with the secure and transparent Blockchain technology started redefining industries and slowly reshaping our reality. It wasn’t until recently that entrepreneurs started considering adapting to change, and announced their will to begin investing in cryptocurrencies and blockchain technology. In their aid, comes Corl, a revenue sharing blockchain platform that provides innovative win-win solutions.
What is Corl?
Corl Financial Technologies Inc (Corl) launched the Corl Token (CRL), the first world’s token to represent equity ownership in a company that provides revenue-sharing to high-potential early-revenue companies, according to their White Paper. By providing funding to new start-up companies, Corl will later earn a percentage of their revenue. After passing their strict funding requirements, the start-up companies are financed through a revenue-sharing arrangement where a company receives upfront capital in exchange for a percentage of future monthly revenue until a predefined negotiated amount is met. Because of this, the win-win part is that both parties are interested that the start-up company will mature faster than expected, and will pay the loan quicker. According to their White Paper, the repayment cap usually varies from 1.5x to 2.5x of the principal amount.
The Problem
When you want to start a new company, it is hard to obtain guidance and funding. Regardless of how good your business plan is, there is always the risk of someone stealing your idea and implementing it without you and you have to be careful to whom you are showing it to in your endeavor of registering the company, recruiting the proper business partners and obtaining the initial investment. A few entrepreneurs go to VCs Angels, but the expected return might vary from 25% to 100%, and the funding period could be anywhere from 6 to 9 months.
Most entrepreneurs head their attention towards getting a loan from the Bank, even though they are strict, the fundraising period could be anywhere from 2 to 6 months and you need to have a personal guarantee. The expected return is usually 10%, but the repayment schedule is fixed and the conditions are rigorous. Also, most banks don’t have loan products to help companies with no hard assets.
In both scenarios, it is not an easy task to obtain the initial funding, and most people can get discouraged at any step along the way.
The Solution
Unlike the existing funding options for start-ups, Corl comes with a different and modern approach. Their revenue-sharing helps entrepreneurs accelerate their growth without giving up equity, board seats or asking for personal guarantees. The expected return varies from 15% to 30%, but the start-up can get funding in as little as two weeks, and it can start right away the implementation of their business plan. The repayment schedule is flexible, calculated for long term growth and it comes without the restrictions that we can find in traditional debt financing options, thus introducing “Capital-as-a-Service”.
This modern solution will help start-ups mature quicker and aid them to their success and change the way that we perceive funding, by changing it from something that used to be discouraging and scary to something friendly, that most of us would want to be a part of, where all sides win.
The Team
The team behind Corl is experienced, with dozens of years of experience. Sam Kawtharani, the Co-Founder and CEO has over 10 years of experience in product development, strategy and lending. The fact that he contributed to over $500 million to small business organizations proves that he has the know-how and skills to head Corl to success.
The Chief Revenue Officer, Bill Tharp, has over 35 years of experience in investment banking, corporate finance, asset management and venture capital, and has closed over 100 deals of over $1 billion. Having such an experienced member in the team can help maintain the proper evolution of Corl and it can assure us that it will make good decisions when it comes to what companies to invest in.
Among their advisors, we can find top experts in the field of blockchain, capital markets, compliance, fintech, royalties, startups, treasury and venture capital.
The Token
Polymath partnered with Corl Financial Technologies in order to launch the Corl Token, the world’s first securities token that gives 100% equity ownership in the form of digital cryptocurrency. Corl invests in tech startups with revenue sharing agreements, and as those companies repay their debt, Corl issues dividends that will be paid out quarterly in Ether (ETH) to Corl token holders, thus finding a solution where all involved parties win.
Conclusion
In my opinion, Corl is a solid project with an experienced team that has all chances to success. Corl comes as a long awaited solution to traditional business funding problems, with a modern approach, that is beneficial for all parties involved. With the use of blockchain technology and the know-how of experts, Corl has the ability to bring this fiend one step forward, by adapting it to the needs of the modern world. By giving dividends to token holders, investors will be more interested in holding those tokens on the long term, rather than dropping them for a small profit, thus increasing the value of the token.
As always, I highly encourage you to do your own research, starting with their website: https://corl.io and their White Paper: https://corl.io/whitepaper
Despite the attractiveness of the promise to make money in Play-to-Earn games, there are two significant reasons why traditional gamers refuse to adopt web3 gaming: first, the quality of gameplay of the web3 pioneers apparently falls short of the AAA web2 blockbusters; and second, purchasing cryptocurrency and NFTs, in general, is such a complicated process to those who are not accustomed to it.
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AlkebuLAN was created by a team who are passionate about seeing a prosperous Africa. It is a social project meaning all money raised will be spent on developing rural Africa. The Dev Team are Civil Engineers who have worked as Engineers / Managers in the construction industry in the United Kingdom. Together they have more than 50 years of experience in construction. Building infrastructure projects are nothing new to them.
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Let’s assume that we're able to give a super intelligent AI orders and it follows those orders; it may just take the quickest and easiest route to solve them. Just because we make a super intelligent AI, that doesn't mean that it's going to be wise.
There's a difference between intelligence and wisdom; Intelligence is more about making mistakes and acquiring knowledge and being able to solve problems through that. Wisdom, on the other hand, is about applying the correct knowledge in the most efficient way. Wisdom reflects on being able to see beyond the intelligence gained and being able to apply that to other things, hopefully, in a productive way. If we give AI an order to solve world hunger, the easiest way to solve world hunger is just to kill all life on the planet and then nothing would ever be hungry again.
The solution of such a problem comes down to Data and how we crunch the right Data to feed Artificial Intelligence concepts.
Nowadays Data and the way it’s distributed is one of the key fundamentals on which new solutions are built. Blockchain is clearly the buzzword of our age, and yet, few actually easily understood the principles behind it; especially how it differentiates itself from a traditional distributed database.
There is much confusion as to what a blockchain is and its dichotomy with a database. A blockchain is actually a database because it is a digital ledger that stores information in data structures called blocks. A database likewise stores information in data structures called tables. However, while a blockchain is a database, a database is not a blockchain. They are not interchangeable in a sense that though they both store information, they differ in design. There is also a difference in purpose between the two, which is perhaps what is not clear to those who want to understand why blockchains are needed and why databases are better suited for storing certain data.
From self-driving vehicles joining the growing city taxi force to digital support booking restaurants reservations, Artificial Intelligence (AI) technology is stamping its authority continuous in our daily lives.
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I then searched and scoured the web for anyone providing Cryptocurrency arbitraging classes and came across one platform, Jubilee Ace, which was not only involved in crypto arbitrage but also in other various arbitraging also. I contacted the Marketing Team and went ahead to see for myself.
2. Make an Informed Decision 
3. Platform or Tokens 
