Who controls Eqvion currency?
Eqvion is independent, governed by the Eqvion Directive and the company’s Board as well as by internal and external auditors. Supervised by national and international regulatory authorities
What is wbw logic AB?
wbw logic AB is a Swedish company. It is responsible for the development of the Eqvion currency and will transfer the rights to a new Eqvion company “electronic money institution and registered issuer” in connection with a capital acquisition with a new company registered in a country that is most favorable for the further development of Eqvion.
What responsibility will Eqvion company have?
Eqvion companies will have full ownership of the Eqvion framework, technology, responsibility and rights for global brand Eqvion as well as EMI Eqvion and operations.
Is Eqvion technology fully developed?
Yes, Eqvion technology is fully developed and prepared for license application under national law and regulation and fulfills international law and regulation.
Teknologis risk?
Teknologis risk is low or at an acceptable level in a project like Eqvion, we expect this because work that resurfaces requires no new organization or technology both are well-proven as already used at CBs or banks.
Regulatory risks?
The Eqvion Directive, which governs Eqvin’s operations and has the ability to handle the effects of existing and new legislation and regulation, as well as to handle unforeseen disputes or other legal or contractual uncertainties.
Eqvion currency risks?
Genuine value currency Eqvion is protected by the fact that each Eqvion has its own value independence from other Eqvion units and that value is determined by the global economy in real time. The value Eqvion is not affected by the amount of trading in the Eqvion currency and the Eqvion Directive protects Eqvion from any manipulation.
Geopolitical risks?
Geopolitical risks are usually disconnected from economic or international law and difficult to manage. Eqvion is a global currency with the advantage that it can successfully handle individual countries’ decisions on the use of Eqvion currency in their national state or sphere of interest.
Why is the Eqvion company referred to a limited number of new investors?
We have limited ability to offer investment opportunities to new investors due to the individual assessment of each investor by regulatory authorities in accordance with national legislation.
Why is the company's management referred to validation by the supervision authority?
We have the right to propose the company’s management to a supervisory authority that individually assesses candidates – industry standard and procedure.
Why is there a high capital requirement in Eqvion companies?
This is due to several factors, the first Eqvion company responsible for the operation of EMI Eqvion has an infrastructure determined/requested by national and international regulatory authorities, operational guarantees and several specific regulatory requirements.
What we will use current capital raising for?
The investment will cover costs for infrastructure, staffing, license application to EMI and guarantees approved by supervisory authority with the first year of operation
Are there more planned capital acquisitions in the near future.?
The ongoing external capital acquisition is expected to cover planned activities, the construction of infrastructure and the EMI application according to the requirements of industry standards. Preparedness for the acquisition of new captains is possible and that the preparedness includes protection against share dilution by our founder – main owner who has reserved own shares in case such a situation arises