Equibit Development Corporation (EDC) that created Equibit blockchain applications for the global securities industry, has announced a two-year roadmap for extensive value creation and post-coin sale development of its ongoing initial coin offering (ICO).
According to Chris Horlacher, CEO of EDC, the roadmap comprises of the release of Equibit’s source code for software developers, a specialized Equibit mining hardware as well as the securitization of financial assets on the system. It also contains the launch of a pro version of the EDC wallet application for the asset management community.
“Securitization will populate Equibit with a number of popular investment choices that will excite our investors and get other issuers interested in using Equibit. This is a perfect way to kickstart the system,” he stated in the release. “Though there are more and more coin offerings by the day, there’s actually very little opportunity for diversification available to crypto investors.”
The securitization on the Equibit platform will enable Equibit holders to diversify their portfolio by investing in equities and traditional industries including pharmaceuticals, utilities or materials, among others.
According to the ICO website, EDC has sold more than 171,000 Equibits at press time. The company has also offered to sell 1 million Equibits out of potentially available 22 million Equibits in total. The ICO sale ends on March 31, 2017, and those who have purchased the Equibits, will get it delivered to user accounts at EDC’s web-wallet service.
