Backed Introduces First-Ever Private Equity Token

0

Wollerau, Switzerland, March 21, 2022 (GLOBE NEWSWIRE) — Today, the stock market is the face of the financial industry and is subject to corrections disrupting the investments and goals of individuals and businesses. However, companies like Backed entered the market to protect investors from future corrections and losses.

With its alternative investment ecosystem driven by blockchain technology, Backed aims to reallocate global funds from the stock market to futuristic assets like decentralized private equity. The company has introduced a decentralized blockchain-based private equity fund to help investors and companies with strategic and financial support and high-performance asset class investments.

What is supported?


Backed is a community of like-minded individuals who use scientific means to calculate optimal combinations between asset classes (digital assets and private equity) to maximize returns for their investors. The entire ecosystem is based on blockchain support and operates on a system based on individual contribution rewards.

The company also aims to offer security and privacy with frameworks for compliance models and regulators. Moreover, with its futuristic approach, the company aims to eliminate issues such as tax manipulation and money laundering, foster a transparent and reliable monetary system in the future, and establish a new investment trend. Backed also showcased its private equity token based on the ERC1400 BACD security standard.

Benefits of the Backed ecosystem

The P2P (peer-to-peer) private equity ecosystem aims to eliminate third-party interference and provide end-to-end growth for individuals and businesses. This unique investment option offering high returns offers the following features-

Settlement speed

Backed offers settlement speeds of seconds compared to current processing time (2-3 days).

Automated compliance

BACD tokens are highly programmable and use smart contracts, reducing the burden of compliance with automation.

Globalization

The digital token enables global commerce via the Internet.

24x 7x 365 negotiability

Backed does not limit trading to market hours and offers ultimate trading flexibility.

100% Transparency

The blockchain application guarantees transparent transactions and offers optimal privacy and security.

Programmable functions

The alternative investment ecosystem offers voting options, automated dividend payouts, and other programmable features using smart contracts.

Immutability

All blockchain transactions are immutable and provide the right infrastructure to record title ownership.

Low fees

The elimination of accounting and legal fees reduces transaction costs.

Asset interoperability

Private equity tokenization eliminates transfer friction and class incompatibility.

BACD token and tokenomics

BACD is a security-like token that can function as a utility token for exchange and payments and represents private equity ownership. Its design is based on the ERC1400 security token design standard. The token will contribute to the fractionation, digitization and storage of assets and value of the investment portfolio.

The token comes with a 12-month vesting period for founders and advisors and facilitates fair distribution of a total of 1 billion tokens for pre-sales and global launch.

Future roadmap

Backed will help global companies with blockchain solutions and move their equity portfolios to digital assets. Their ultimate goal is to bring global change with the support of the Fintech industry. The company is currently working on listing BACD on selected exchanges. In the next steps, the company will update and revise its portfolio and optimization technology, launch a global launch and facilitate multi-exchange listing.

Join the community:

Telegram: https://t.me/BACDcommunity
Instagram: https://www.instagram.com/bacd.official/
Instagram: https://twitter.com/yunai1

Websites:

https://www.bacd.io/
https://bacd.live/


        

Share.

Comments are closed.