When you hear the word "CORL" what comes to mind?
Corl is a company that is setting up the first regulatory complaint revenue sharing security token (CRL) to provide funding for early-stage companies.
The revenue sharing model promised has high reward and limited risk for both the investor and the entrepreneur and it is mutually beneficial. It is unique from the traditional funding market that is often inaccessible to the average entrepreneur and investor.
Corl seeks to supply financing and capital to high potential income startups and businesses. A platform where companies can gain access to capital in a guaranteed and streamlined method. Corl offers to launch the first regulatory compliant security token on the blockchain. Corl aims to bridge the gap and to also utilize the money supplied by its investors to greatly help startups that meet its financial requirements. At the same time, the investor will be made to proceed through KYC (know-your-customer) and AML(Anti-Money Laundering).
AIMING HIGHER
Partnership with Polymath
The partnership of Corl and polymath is an additional layer of security that will help improve Corl's revenue sharing and posting on the blockchain.
Partnership with MLG
The Corl token is certainly uniquely positioned to be the world’s first regulated securities token, with the token representing collateral in the business. Corl is providing and leveraging MLG’s deep network to diversify and strengthen its investor base on a worldwide scale through this collaboration and also bringing awareness.
“The collaboration between MLG Blockchain Consulting and Corl is made to empower blockchain enthusiasts to expand their knowledge and knowledge of the Corl token,” said Michael Gord, founder of MLG Blockchain Consulting. “We are extremely thrilled to collaborate with the group at Corl and we are confident that this is a great success tale for blockchain development in Canada.” He said.
HOW IT WORKS
When Corl is assessed on the Investor's portal and registration is done, you can check your details through your membership area. Also, purchasing, managing and analyzing your investments can be carried out there. Tracking investments on the platform is very easy and with a click, you get the value of your ownership, dividend pay-outs, audited financial statements, portfolio analytics, and legal disclosures.
For enterprise's seeking funding, there is a link to Corl’s Business Platform portal. The process to apply is not hard to get by and takes around few minutes to complete. For easy access, applicants are advised to allow Corl direct access to their own databases through an already provided gateway. A pre-approval is provided to the companies after application and also decision is made for funding, after which thorough vetting process commences. Procedures are expected to take 14 days depending on the variables.
Corl calculates the repayment in installments automatically after payments for the loan plan has been made to successful applicants. Reference to the clients’ financial records is also made to foster payment when due by direct debit. If tracking is needed or request is made for additional funding, borrowers are advised to make use of the Business Platform portal to view their investment, manage their disbursements and make timely repayments.
Corl's goal is to take out classic ways of fundraising which usually is stringent and with limited recommendations, fragmented, extremely very easily altered and mainly inaccessible to many traders. With the use of the blockchain, Corl will offer equity possession in a company by offering to fund businesses or firms with great potentials centered on a profit-sharing model.
These are Corl's steps in directly reinventing the wheel by simply bridging the divide between traders and startups. The positioning of startups is definitely no more a concern and potential investors could be homeowners anywhere in the world.
THE EXCEPTIONAL TEAM
Corl's headquarters is in Canada and is headed by CEO Sam Kawtharani. Sam Kawtharani is accompanied by a skilled team of 4 members and also a contingent of 6 advisors, who offer technological and financial support with their experience in regulatory and administration sectors. Also present are domain experts in the blockchain, lending experts, risk and investment managers.
To link up with Corl for further information visit the links below.
Website- https://corl.io
Twitter- https://www.twitter.com/getcorl
Telegram- https://t.me/corltoken
Reddit- https://www.reddit.com/r/Corl/
Facebook- https://www.facebook.com/getcorl
Bitcointalk- https://bitcointalk.org/index.php?topic=28768
