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They know who a lot of the people on the board are. Ultimo lingerie founder Michelle Mone and businessman partner Doug Barrowman are launching new investment platform Equi. Barrowman has "very significant" personal cryptocurrency holdings and the pair have already launched a bitcoin property project in Dubai , demonstrating a commitment to the space. The Glasgow-born entrepreneur received an OBE for services to business in and was made a life peer in Mark Pearson, the founder of MyVoucherCodes. BI Prime. Barrowman and Mone insisted that they are not simply jumping on the bandwagon. We will try our utmost. And of course, the token will be traded on exchanges as well. It often indicates a user profile. Barrowman said deal flow for the Equi platform would not be a problem given his investment experience. But the market is facing increasing skepticism from many, due to the proliferation of scams in the market , wild price swings , and the fact that most projects have yet to launch. This story is available exclusively on Business Insider Prime. Funds raised through the sale will be used to develop the Equi platform, an investment website that the pair hope will open up venture capital investment to ordinary people. Doug Barrowman. People know who Doug is. It indicates a way to close an interaction, or dismiss a notification. Barrowman told Business Insider: "Essentially what an Equi Token allows people to do is access our platform, have a look at the investment propositions that we are showcasing and form a view, and they can use the Equi Tokens to effectively invest in the projects in a project-by-project basis. It will be accessible.

Subscriber Account active since. World globe An icon of the world globe, indicating different international options. I mean where have you heard of that? He is also the founder and chairman of the Knox Group, which offers financial planning advice. Business Insider logo The words "Business Insider".

Account icon An icon in the shape of a person's head and shoulders. The project will be funded casinocoin rich list selling a new cryptocurrency: Equi Tokens.

They know who I am. The ICO space is as yet unregulated in the UK but the company is following the structure of crowdfunding, as per legal advice. Login Subscribe Subscribe. Because a lot of them [ICOs] are all smoke and casinocoin rich list. Equi Tokens can then be used to invest in projects that Mone, Barrowman, and their team will scout for the platform.

Michelle Mone, who is cofounder of Equi, will offer help and advice to businesses that raise money on the Equi platform. Mone said: "This whole cryptocurrency world is based on trust. Equi will be headquartered and domiciled in the UK. While this idea mimics crowdfunding closely, Barrowman said Equi will allow investors greater versatility as people will be able to hold the tokens and trade them on exchanges as well as just investing. Equi will focus on tech companies, biotech companies, and cryptocurrency companies. The founder of Casino Coin, another cryptocurrency project Barrowman is involved with, will also advise entrepreneurs, as will the editor of PokerNews. Dan Kennedy. They tend to be bankers and accountants. Join BI Prime and start reading now. He has been described as a billionaire in the press , although estimates of his net worth are hard to come by. Michelle Mone. Close icon Two crossed lines that form an 'X'. Oscar Williams-Grut. A leading-edge research firm focused on digital transformation. We could have brought this out a lot sooner. The involvement of many existing companies in cryptocurrency and blockchain technology has raised eyebrows, with everyone from Kodak to Long Island Iced Tea pivoting to blockchain and crypto.