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Shareslake

TBA
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Shareslake is focused on transforming the current stock markets, getting more funds for companies, and making investment free for investors. All that with total transaction transparency, where everyone can connect to the market and have the exact same view of the market as the rest. Shareslake provides its own coin (RED – Redeemable) which is designed to be exchangeable by real securities, goods, and services that exist beyond the blockchain, breaking the barriers with the real world. That gives a real value to the RED coin since it can be exchanged by something that potentially produces more value (actual securities), so it IS NOT another speculative cryptocurrency. To get that, the Shareslake Network protocol is constantly providing funds to those companies that provide RED with investment capabilities and usability. In other words, the companies that fit the following conditions: 1. Investment capacity: Their shares are issued directly into the Shareslake Network, providing their owners full investor rights. Those shares are bought using RED, so RED can be exchanged for something that potentially produces more value. 2. Usability: They accept RED as payment for their products or services. Providing RED with a more common utility apart from buying securities. On the other hand, investors can buy stocks for free (zero fees). So the Shareslake network makes investing accessible to everyone, no matter the capital level. This is possible because there are not any intermediaries, investors are directly connected to the market. A new financial ecosystem is created around the Shareslake network. This is possible thanks to the fact that the shares are issued directly on the network, which opens an infinite range of possibilities either for public or private companies.
5.1
TOTAL SCORE
3.1
ICO PROFILE

(weight: 45%)

5
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: RED
Platform: Cardano
Total supply: 0.00 RED
Financial
2021 Q2

Concept
First ideas about how to re design the current markets
First consistent approaches reached

Research
White paper starts
Figuring out how to benefit all the parts
Figuring out how to provide the coin with more value than just buy stocks
2021 Q3-Q4
Technical diving
Research about implementation
Finding technical solutions for each part of the problem
2021 Q4
Prepare the public launch
Find a name
Design branding
Create website and social media
2022 Q1
Pre-sale
Start creating a community
Network creation starts
Release the first batch of RED
Legal stuff
Partner with first companies to issue shares
2022 Q2
Release testnet
Release testnet
Continue working on mainnet
Start ecosystem development
Start exchange development
Continue looking for first companies issuing shares
2022 Q3
Release mainnet
Release mainnet
Release second batch of RED
Finishing ecosystem tools

Start issuing shares
Start issuing shares with partnered companies
Release third RED batch
Prepare network for the first companies to go public
Release exchange
2022 Q4
First public companies
Performing the first IPOs in the network
Network performance improvements
Increase ecosystem development focus
Start Exchange V2 development
To be continued...
We will update the roadmap while the project progress
Examples of future works: supporting high frequency trading
Miguel Ángel Cabrera Miñagorri
Founder and Engineer
Takes part in this project only
Sebastiá Guisasola Benítez
Engineer
Takes part in this project only

Advisors (0)

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