2022 Polygon Summer Hackathon Video
Deqity is designed to be an entirely decentralized marketplace for private company equity. And it aims to make company ownership more secure, trustless, and equitable than it has been traditionally. By injecting blockchain technology into companies, we can create a more connected world and, by extension, generate more wealth generation possibilities for people with fewer opportunities.
By using the protocol, business owners can tokenize their companies and acquire funding for their ideas. This can be especially helpful for inexperienced business owners who have never secured investors. And for the small companies, that may be overlooked by investors. Business owners can find investors from all over the globe and thus have a higher probability of raising funds.
Investors can discover many types of companies from anywhere around the world. And they can buy as small as 1e-16% of a share if they like. In summary, this level of fractionability allows anyone to be an investor, even if they cannot afford to buy a whole share.
Deqity has a similar function and purpose as private equity sales websites such as EquityZen. However, the integration of blockchain technology and tokenization allows our protocol to have significant advantages over our web2 counterparts. Many of the protocol's features listed in the description are exclusive to Deqity when compared to these companies.
Web3.Storage was used to store user-uploaded content (image and description) in a decentralized manner. The cid is stored on the equity contract and is pulled when displaying the files. These files are then used to attract investors on the search page. Below is an image of the stored files for two deployed equity contracts
