Lannister Development and Media Shower Release Groundbreaking "Equity Token" Blockchain Project
11:30 am ET October 10, 2018 (BusinessWire) Print
Media Shower, Inc., the leading blockchain media and marketing company today announced that it has collaborated with Lannister Holdings, Inc. (OTC: NBDR), parent company of leading Web 3.0 software developer Lannister Development, to release the initial blockchain code base of The Equity Token Project, a new open source toolkit for companies to offer equity stakes in their businesses to investors via blockchain tokens.
"To date, blockchain projects have been funded by investors buying 'tokens' without any real underlying value," explained John Hargrave, CEO of Media Shower. "The Equity Token Project lets blockchain entrepreneurs fund companies with real equity, like a real company."
"Which means investors can begin owning a real piece of equity in businesses, not just a blue-sky idea," added Joseph Snyder, CEO of Lannister.
The intent of The Equity Token Project is to marry existing investment models and regulatory systems with blockchain technology. For example, an angel investor could put in a "seed round" of funding for a new blockchain project and receive traditional shares in the company--with these shares also recorded on a blockchain as "equity tokens."
"This technology opens up all kinds of models in the future," Hargrave explained. "We'll start to see 'smart stocks,' with built-in voting mechanisms."
"We want entrepreneurs to innovate on this model, which is why we're making The Equity Token Project open-source," continued Joseph Snyder.
The Equity Token Project ushers in a new era for blockchain investors and entrepreneurs alike. Developers can download the codebase for free: https://github.com/LannisterDevelopment/Equity-Token-Project
About Media Shower, Inc.Media Shower is a media and marketing firm that helps blockchain technology companies succeed. Based in Boston, Massachusetts, they position blockchain projects across the globe for growth through investment, and educate investors on blockchain technology through the independent voice of BitcoinMarketJournal.com.
About Lannister Holdings, Inc.Lannister Holdings, Inc. (OTC: NBDR), a publicly traded software development and products company, provides cloud solutions and blockchain products to the financial services industry along with Web 3.0 architecture, consulting and development services to startups and enterprise organizations through its trade name Lannister Development. Headquartered in Phoenix, Arizona, its mission is to further the real-world deployment of Web 3.0 technologies to achieve transparency and security for organizational systems and operations worldwide.