jabrik edan: FABA INVEST

Technology is a variety of needs and facilities in the form of various kinds of equipment or systems that function to provide comfort and convenience to humans.

Initially, the meaning of technology was limited to tangible objects such as equipment or machinery.

Over time the meaning of technology has expanded. it is not limited to tangible objects, but also intangible objects. such as software, learning methods, business methods, agriculture and so on.

FABA is a magic bean token that bridges the startup community with traditional venture capital markets. Faba (FABA) financially supports companies with positive impacts on the environment, ecology, medicine, our education ... We connect venture capital with the crypto community to receive valuable feedback on the projects we want to invest and on the other hand to get project ideas new from the community in order to be supported. There will be an application available for Faba token holders, which will allow us to monitor our investment.

We are preparing an interface where it is possible to submit proposals and votes for new projects. Both FABA LTD holders and (FABA) will be able to send projects for voting. After the project receives a positive majority of the total FABA voters, it is considered a pre-approval for funding. FABA LTD is allowed to use max. 20% of their voting rights. This mechanism allows us to get market feedback and inspiration when making decisions about new investments. The time frame is always one month, and each new project proposal is subject to symbolic processing fees. The Faba application will also display projects that have been supported by basic reporting schemes and special mentors.