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.
Stocks markets were not designed to maximize the funds that companies receive to grow
their businesses, instead, they were designed to enrich a series of intermediate entities
that position themselves between the market and investors charging high commissions.
Those intermediate entities make it difficult to access the market not only for new
investors with little capital but also for new companies that cannot pay the large amounts
of money that are required to be listed in a traditional exchange. (Yes, a company has to
pay to sell its own shares, sounds counterintuitive, right?) Also, with the current
structure, a company gets funds only once, in the IPO (Initial Public Offer). It has the
option to issue new shares later, but that will negatively affect the value of the already
So, a company has to pay to be listed, investors have to pay high fees to intermediate
entities, and companies just collect funds the first time they sell the shares.
Apart from the above, global markets are closed ecosystems, which means that only
certain organizations are able to develop new solutions or services using the
infrastructure and the information they contain. Such infrastructure and information
should be accessible and affordable for anyone no matter its capital level or role, whether
you are an investor, developer, company, or just a person that likes to browse.
From the point of view of an investor, he/she usually connects to the market through a
broker. Most of the current brokers make use of a big account that groups all their clients
(investors) accounts, so actually the shares are owned by the broker, not by the final
investor. This is usually not an issue, but in the case a broker crashes (after all they are a
company like any other), the investors will not own the shares, so they can potentially
lose their savings.
There are already some networks that try to imitate current markets to facilitate the
exchange of assets. However, they instead offer uncollateralized assets or what are the
same, "fake" assets, meaning that the people who acquire those assets do not have real
rights over the company or entity that issued them, but rather acquire a digital
representation of the asset not backed by any real value. That produces a disconnection
between the real world and the blockchain.
It will be listed at shareslake.com at January 26th 2022