You have probably heard blockchain platforms which you get a share of the company’s profit. Corl is one of the companies that offer this type of service calling it “revenue sharing on the blockchain”. Is this company something really new or just a new look for a very common practice? You can discover that and much more by reading the review.
What is Corl?
Corl is a start-up company focused on what it calls “revenue sharing” using the blockchain. Basically, you buy tokens from the company and then you will be investing in companies. The token can be used to receive dividends from these investments later. You can track your investment in real time on Corl’s platform.
Each Corl token can be considered a equity ownership of the company, so holding them will make the user eligible for dividends from time to time, ear. The company uses the technology of the Ethereum blockchain to distribute the money. The company states that the investors can earn up to 15% to 30% annually by investing in Corl.
Even companies can look for the services offered by Corl and use the company to get the necessary funds to start up a business. The business retains full control over its company and has a flexible way to repay the money, paying it as it grows.
Due to the nature of this company, it is fair to say that it would be illegal to buy its tokens in the United States, as the country does not allow non-accredited investors to buy shares of companies.
Is Corl Actually as New as it States?
Not really. There are dozens of companies offering almost the same thing as Corl, only without using the words “revenue sharing”. While it would be incorrect to call this company a scam, Corl is certainly a company that uses marketing techniques to basically inflate the value of its product (the tokens that it is selling in the ICO).
The only difference that you can really find from Corl and other similar companies is that the money that you spend in the ICO will not necessarily be used for the funding of Corl, but for the funding of other companies that Corl is going to fund. The company is basically outsourcing its investments in other companies.
How to Invest in Corl Token (CRL)?
There are two to invest: the ICO and the airdrops. The airdrops will be happening soon and you have to register in Corl’s site to get them, participate in the Telegram group and share posts on Facebook. You will not get a lot of tokens, but they are free.
If you prefer the ICO, you can already sign the whitelist to participate in the pre-sale, which will happen in the near future (Corl has not yet announced its date).
The Corl Token (CRL) Verdict
Corl is all talk. Avoid this company. Underneath heavy marketing, you have a pretty standard company which will probably not really shine in the market. It is important for you to perceive that there is a chance that this might turn into a profitable company, that is fair to say, but there are no real guarantees that this will happen.
Investing in Corl would not be any different than investing in other companies which pays dividends using their tokens and there are plenty of those in the market.