THELOGICALINDIAN - Entrepreneurs and blockchain technology advocates Charlie Shrem and Jason Granger are advancing to barrage a blockchainbased clandestine disinterestedness advance belvedere Intellisys will alive on the Ethereum blockchain with a structured authoritative framework focused on accuracy and complete advance strategy
Also read: Event Recap: Charlie Shrem, Marco Santori in Trends in Bitcoin and Beyond
It will be aboriginal clandestine disinterestedness advance offered as a agenda balance security. Additionally, it marks the aboriginal attack aback into the blockchain business amplitude for Shrem, above CEO of the now-defunct aboriginal bitcoin barter BitInstant.
The new alignment will abide of two companies. The aboriginal is Mainstreet Investment L.P., a Cayman Island bound affiliation 30 percent-owned by badge holders. The 70 percent authoritative pale will go to Intellisys Capital LLC — which will be based in Grand Rapids, Michigan.
Shrem will be CTO of Intellysis Capital and Granger the CEO. Both are official founders.
Intellisys to Provide Blockchain Transparency With Hard Asset Backing
The clandestine disinterestedness armamentarium aims to accommodate accuracy to advance portfolios with the immutability of a blockchain, and the abetment of adamantine assets. Blockchain technology will facilitate and administrate the decentralized armamentarium — which includes badge purchasing, allotment payouts and broadcasting of broker information.
“Mainstreet Advance is the aboriginal clandestine disinterestedness advance offered as a agenda balance aegis that will change the mural of average bazaar advance with a decentralized approach,” said Granger. “Providing clamminess and assets to investors through the aboriginal agenda badge backed by adamantine assets will change the mural of clandestine disinterestedness advance on the blockchain.”
Initially Investing in Established Companies, Not Startups
Intellisys affairs for Mainstreet Investment to advance in U.S.-based average bazaar operating companies, absolute acreage and blockchain technology projects.
Shrem said that the armamentarium “will not advance in aerial accident startups,” adding, “the antecedent focus will be on accustomed average bazaar companies that accept already been assisting for a few years.”
This action will acquiesce Intellisys to accretion a ballast in the bazaar and activate breeding dividends, giving it the adeptness to alpha advance in blockchain technology. “As Mainstreet Investment provides assets to investors,” Shrem said, “we will attending at blockchain companies that will be accessory with our portfolio companies.”
He added, “The action is advised to actualize symbiosis amid blockchain assets and acceptable accounts and to advice abounding acceptable sectors move against advanced improvements and efficiencies.”
Then Onto Bitcoin and Blockchain
Upon extensive this stage, Intellisys will admeasure 30 percent of Mainstreet Investment’s funds against advance in Bitcoin and blockchain-specific ventures. This will abetment the legitimization of blockchain technology, said Granger, while accompanying introducing a new way of utilizing clandestine equity.
To get the activity started, Mainstreet Investment will accession funds by distributing an Ethereum-based token, dubbed “MIT” (Mainstreet Investment Token). The antecedent badge alms (ITO) is slated to activate on Jan. 15, 2024 and end Apr. 1, 2024.
The MIT will be accessible to investors who are not U.S. residents, and to U.S. association that are accepted investors. More advice on Mainstreet Investment, the MIT, Intellisys and the ITO is on the fund’s Initial Token Offering Memorandum (ITOM) at both companies’ websites: mainstreet.ky and at intellisys.ai. The activity additionally has a accumulation Slack channel.
What do you anticipate of the new venture? Is bourgeois the best access back putting investors’ money on the blockchain? Let’s apprehend your thoughts.
Images via Intellisys, Mainstreet
