United States, Dec. 23, 2020 /AlexaBlockchain/ – Shawn Owen, former CEO of SALT, a Denver based crypto lending company and pioneer of lending against collateralized crypto assets, has launched Equa’s blockchain incentive plans as the newest addition to the Equa product suite.
Equa is the leading crypto-backed platform connecting organizations to stakeholders from a company’s formation and team building, to fundraising and growth; Equa serves businesses of all stages.
Equa revealed in its press release that the genesis behind this launch is to provide a transparent and frictionless incentivization tool and consolidated audit trail for private companies from inception to high growth.
“Adding a focus on incentive plans was a crucial step in meeting the organizational needs of the private companies we serve. Aligning stakeholders with a mission through equity ownership is key to any successful company. Having the tools to get this equation right from the start gives founders Equa(nimity) or the peace of mind to then focus on their business growth,” says Owen.
Today, high growth startups, VC fund managers, S-Corps, and LLCs are using Equa for cap table management, digital transfers, and fundraising issuance tools backed by a blockchain. Owen elaborates on blockchain’s potential;
“Underpinning the new Incentive plan product launch, Blockchain is playing a pivotal role in our organization application by enabling the technology to create a frictionless and consolidated audit trail of all digital agreements that hasn’t been possible before”