DIRECT CROWDFUNDING

Blockchain technology makes it possible to create digital tokens, which are unique, non- destructible, traceable and secure files. These digital tokens are also called "smart contracts" because they can be used to establish rules for cooperation between different actors. In the Blockchain system, a certain number of these unique tokens are initially created and it is agreed among investors that each token represents a certain percentage (%) of an asset or legal entity - and, of course, the number of tokens is kept fixed so as not to dilute investors. This process is called "tokenisation". In this way, the owner of a token is entitled to receive the benefits of a percentage of this asset or entity as if the token were a share or other legal interest. Tokens are distributed among investors in proportion to their investment, i.e. the more an investor has invested, the more tokens he receives. Since tokens are digital files on the Blockchain, they have the advantage that they can be transferred from one investor to another in a completely secure and traceable manner. This not only facilitates the exchange, but also gives investors the peace of mind that theY can sell their holdings at any time when they need liquidity in their portfolio. In these investor-to-investor transactions there are no intermediaries and no transaction costs, which automatically translates into higher returns. The ability to invest in small tranches and to transfer tokens easily between different investors make these tokens an ideal tool for the small investor. Blockchain technology makes it possible for the first time for the small investor to participate in such projects and thus benefit from these returns. In our projects we use the Ethereum Blockchain, one of the most used and reliable Blockchains in the world.