Help Benchmark to raise US$30m for global sustainability marketplace
“Benchmark sets new standards. We transform lives, protect the environment and generate real value and profits.”
Benchmark,
a new cryptocurrency entering into the market, will hold its Initial
Token Offering (ITO) in May 2018, where it is aiming to raise approx
US$30 million. The token, created by fintech experts, academics and
business owners, can be used to participate in sustainable development
projects worldwide, including a range of projects aimed at supporting
developing communities across the globe, with the initial focus in
Africa.
Pieter
Coetzer, CEO, Investment Banker and one of the founders of Benchmark,
said: “We are a genuine business, created for real people and managed by
real people, solving real needs using the security of the blockchain
and our token. Benchmark will work with entrepreneurs with proven
solutions for sustainable development projects to provide funding for
their solutions.”
Unlike
other cryptocurrencies, the value of Benchmark does not come
exclusively from the token itself — but also from the returns the
projects invested in bring. Early projects mooted by the Benchmark
leadership team include establishing recycling plants in Africa, and
setting up new financial institutions designed to reach the unbanked.
The presale of the token is currently underway. Investors will gain
direct access to projects in Q3 of this year.
The
founders intend to create a full suite of blockchain based services,
including peer-to-peer lending, payment, insurance, land registration
and project management.
Benchmark’s
role is to complete due diligence on projects, to test the feasibility
of such projects, to put in place an appropriate funding structure and
develop a suitable structure for participation by Benchmark Utility Token
(BMK) holders. Participation in projects will only be available to the
holders of BMK. Every project will be fully evaluated at prospectus
level.
Denis
Quayle, COO and Founder, said: “Benchmark sets new standards. We
transform lives, protect the environment and generate real value and
profits. Our tokens offer access to a portfolio of unique projects
within the Benchmark ecosystem. Our blockchain based administration of
projects provides transparency and our full suite of products makes the
process accessible and open for all.”
Unlike
many other cryptocurrencies like Bitcoin, Benchmark gives access to
projects that are backed by hard assets in real estate, banking and
other commercial interests. Benchmark, which is led by a group of
experienced, respected and well-known people in the global business
community, also offers more transparency than coins that are founded and
operated on an exclusively anonymous basis.
While
Bitcoin and many other cryptocurrencies are extremely vulnerable to
market volatility and are impacted dramatically by consumer confidence,
Benchmark has been designed with liquidity supports that reduce this
significantly as a risk factor.
Website:https://benchmarktoken.io/en/
Medium:https://medium.com/benchmarktoken
Telegram:https://t.me/benchmarktoken
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1925101
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