Equity-like token is an interim step to fulfill our plan to transform Change into a proper public company with globally tradeable tokenized shares. The interim token will be issued mainly due to time considerations - the process of converting the CAG token into a security token is expected to be around two years due to heavy regulations in the field.
An interim token would be an ERC20 token with equity-like properties, were investors would hold a tokenized loan contract of the Special Purpose Vehicle, which owns the equity of Change.
This equity-like token would allow the team to choose at the end of each financial year whether to reinvest our earnings in operations and R&D or to distribute them among tokenholders. The tokenholders could give guidance to the team by voting in relevant matters of the company, such as product direction, growth, and upgrades to the token structure.