Wozniak is famous for his work at Apple which he co-founded with Steve Jobs. He believed in blockchain and always had a keen eye on this technology. Now, he is ready to commit his full time to crypto market by becoming co-founder of EQUI Global. It is a venture capital fund built on blockchain powered back end.
New Line For Investment
EQUI Global will be presenting an opportunity to disrupt venture capital (VC) industry which had been traditional. According to the company’s press release:
It is a technology-focused venture capital fund which combines the conventional principles of investing with a blockchain ‘back end’ that allows value to be realized and then traded in the open market through the EquiToken.
We’re thrilled to announce Steve Wozniak has joined Equi Global as our Co Founder, we’ve got some incredible plans in the pipeline… be sure to follow for further updates. https://t.co/LFfYQuLZD2
— EQUI Global (@Equi_Global) October 15, 2018
Responding to the announcement, Wozniak said,
I get ideas pitched to me every single day, in fact, dozens, and I always say no. Since I co-founded Apple with Steve Jobs, this is about the second time in twenty years that I actually said yes, I want to be a part of this. It has to be something I really believe in, and I really believe in EQUI.
Wozniak will head up technology investments and find future tech stars.He will bring them to the table and will mentor and coach them. Moreover,he believes that EQUI Global is a game-changer as it funds block chain and tech stars of future. Aditionally, EQUI will release digital currency namely, ‘EquiToken’. EQUI lets investors to sell their EquiTokens on external cryptocurrency exchanges whenever they choose to.
Wozniak hopes that Bitcoin will become the currency of the internet. Additionally he made a statement that “Bitcoin is better than gold.” In an interview in June 2018, Wozniak said:
Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there’s a way it’s distributed… and it’s pure, and there’s no human running, there’s no company running, and it’s just… growing and growing… and surviving, that to me says something that is natural and nature is more important than all our human conventions.