EQUI Platform – Worthy Business Communication Network ICO?
EQUI is a platform that aims to decentralize everything from search engines to tech support. Find out how it works today in our review.
What Is The EQUI Platform?
EQUI, found online at EquiPlatform.io, is a worldwide support ticketing system. With EQUI, you can post a ticket with your requirements in the corresponding category and location, and everybody subscribed to that category and location will receive it and give you feedback.
The company is also developing EQUI Business, which is designed to help businesses become more efficient by connecting them to tools, suppliers, and customers.
Overall, EQUI’s goal across all platforms is to “decentralize everything”. The core technology is a two way search platform that functions like a ticket request system. You access that platform through a mobile app for iOS or Android.
The EQUI platform recently completed its ICO. The ICO took place between August 15 and September 15, 2017.
What Problems Does Equi Seek To Solve?
EQUI sees a problem in the global business community. Here’s how the whitepaper explains that problem:
“People all over the planet make products they are willing to introduce to the world, but very few succeed to get through all the PR, marketing and sales labyrinths. The lower is the economy of their country – the more complicated is the labyrinth. Many of them lose any hope in the middle of the road.”
To put the issue in simpler, more grammatically-correct terms, EQUI is designed to solve the following problems:
- Unequal competition between businesses and regions
- Limited sales or marketing knowledge among certain businesses
- A lack of necessary funds
- “Trashy local internet platforms”, including Craigslist and other low-reputation marketplaces
- No knowledge of local or world markets and how they work
- No free time to solve all of the problems listed above
How Does Equi Work?
Obviously, solving an issue like global inequality isn’t easy. So how does EQUI plan to solve that problem? Here are some of the key features behind the EQUI solution:
- EQUI is a two way search engine that relies upon the world’s largest network of supercomputers; EQUI uses those supercomputers as its database and processing center
- The network is based on “natural intelligence”, and already has “several billions” of nodes already operating around the world
- EQUI nodes can provide unique feedback on whatever issues arise within the network, which makes the network interesting and diverse
What exactly is a two way search engine – and how is it different from traditional search engines?
In an ordinary search engine, you submit a request and the search engine gives you the results that correspond to your request. Results are filtered according to certain algorithms that vary from engine to engine. A large portion of the results are useless, and searchers don’t always find what they’re looking for.
In EQUI, you submit a ticket to the search engine. After you submit a ticket, millions of people subscribed to the category of your request process the information and generate feedback.
There are two sides to this search engine – hence the term “two way search engine”. On the one side, you can be the one who is searching. Or, you can be the one who generates results.
Meanwhile, EQUI’s “natural intelligence” is a reference to natural human intelligence. While other platforms focus on machine learning and artificial intelligence, EQUI uses natural intelligence – the collective intelligence of humans – to provide better results.
EQUI’s two way search engine is the core part of the platform. However, the company is also making EQUI Business, which is a paid subscription-based platform that works with the existing EQUI network. The platform will be available for web browsers, Mac OS, and PC.
All payments within the EQUI Business system, including subscription fees, are done with EQUI Tokens, which are based on the Waves platform.
The overall goal of EQUI Business is to “let existing providers to move their business to a completely different level,” explains the official whitepaper.
“It’s a complete solutions which includes unlimited customer base and best B2C experience you could ever imagine. You have everything in one package.”
Awkward wording aside, the EQUI Business platform includes an online store, customer analytics tools, a workshop, for service businesses, a back-end office system, and more.
Who’s Behind Equi?
EQUI is led by Alexander Siria and Valdislav Turiashvili.
Siria has 10+ years of experience in commercial project development and 6+ years in iOS application development. He has designed, created, and launched platforms like SkyWays – an airline ticket portal owned by Discovery – as well as the country of Georgia’s largest provider of ground services for aviation and travel.
Turiashvili, on the other hand, has 13+ years of business ownership and management experience, and has co-owned several companies in the entertainment industry.
The Equi Token Sale
The EQUI Token is used to pay for annual subscriptions to EQUI and EQUI Business. A standard EQUI user account is free for one year, while EQUI Business is strictly a paid subscription service.
The EQUI crowdsale launched on August 15, 2017, and ended on September 15. A total of 500,000,000 EQUI tokens were issued on the Waves platform at a price of around $0.10 = 1 EQUI.
350 million EQUI tokens were sold through the crowdsale. 1.5 million were reserved for bounties. And 148,500,000 were reserved for the team and a reserve fund.
EQUI Platform Conclusion
EQUI aims to change the way we search and access information online. The developers are creating a “two way search engine” based on “natural intelligence”. Basically, that means you type in your search request, a ticket gets submitted to a community, and you get a response from real human people. It’s a subscription-based service available to ordinary users and business users (an ordinary plan comes with a free one year subscription).
To learn more about EQUI and their plans to “decentralize everything”, visit the platform online today at EQUIPlatform.io.
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