There are currently 3 different instrument which you can buy:
CAG - This is a prepayment token and available on Uniswap. The CAG token can be used to purchase services through Change. Customers can currently order a debit card with CAG and we plan to add more services in the future.
CNG - This is an equity-like token that gives you equity exposure through a convertible note agreement. This means that every 792,000 CNG tokens give you 1% ownership when converted to Change shares. CNGs can be bought via our app.
Share units - Change shares give you equity in the company. Shares are suitable for investors who want to trade with Change equity. Share units are currently available on Funderbeam’s platform and can be bought even if you’re not a Change customer.
From these 3 instruments if you’re looking to get upside in the company equity then CNG or share units would be best options. Between the two, CNG and share unit price can be compared 1:1 due to similar token supply and unit tradable quantity.
Historically we have seen slightly more favourable price for CNG compared to share units. Even though they are different instruments, Change plans to convert all CNG to shares in the near future.