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Home Distributed Ledger Technology

BadMirror Broadcasting selects Waves Platform to issue equity crypto token

Published by CryptoNinjas.net
04/27/2017

BadMirror Broadcasting LLC, a NH-based video-broadcasting platform to connect with local and global communities has selected the Waves Platform to issue shares to its stockholders in the form of a dedicated BadMirror equity crypto token.

Following several months of evaluating different options, including the option of minting BadMirror’s own crypto token and blockchain, the Waves Platform was selected for its ease of use, ease of implementation, a growing number of features and its security. The issuance of the BadMirror Equity tokens took only one afternoon of work and the longest step in the process was the Bitcoin lag while acquiring a WAVES token through crypto-exchange Changelly.

The BadMirror team said the token creation process was incredibly simple, stress-free and intuitive. For the cost of $0.50 in bitcoin, they were able to create a transparent way of tracking and issuing shares of the company.

BadMirror Broadcasting founder Sevan Chorluya said:

“We take pride in being the most innovative broadcasting company and it is fitting that we adopt the latest, greatest technology to enable us to grow as a company. Going forward we expect to see our BadMirror equity tokens being exchanged on the market to form an accurate representation of our market cap.”

“This system is a huge improvement to the manual and error prone process of tracking issued shares through a capitation table in a spreadsheet.”

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