As time sweeps on and creeps gradually through the 21st century, business or venture start-ups have become the order of the day. There are more innovative ideas intended to bring revolutionary solutions to mankind's long standing problems yet the capital to start these ventures still remains an obstacle.
This has led to the formation of the FABA project, thus the first venture capital token which will provide an all time solution to the innovative start-ups.
The main idea of the FABA project is to bridge the gab between the old existing venture capital market and the crypto space. With this, both parties get to enjoy the advantages of the other. In pursuit of this, innovative start-ups are well scrutinized by FABA before it invests in them. The FABA investment in these projects will then act as a seed which will boost the development of these start-ups. FABA Ltd will then become an equity shareholder in all the projects it invests in.
On the FABA WEB PAGE is a form which will allow all projects to participate. These applications will then be analyzed by the FABA team and once it meets requirements, these projects will be invited to present the projects (business plan and team expertise and experience). The presentation will be assessed by mentors with great expertise in management and business running. After the presentation, the mentors cast votes and decide which projects progress to the next stage of the assessment. Last but not least, the FABA token holders who owns 2000 FABA tokens and above act as potential consumers and are allowed to vote or give feedback whereas the FABA team takes the final decision to either invest or not.
Aside enjoying the great value of the FABA token on the stock market and exchange, FABA token holders will be entitled to the following benefits:
- Ability to observe all projects FABA has invested in.
- Enjoy first share in the revenue made from the sales of shares by FABA.
- Ability to decide for which projects FABA must invest in through voting.
- Availability of updates and current affairs of the FABA proceedings.
Visit these relevant links for further information about FABA projects.
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