
How to Choose a Lead Investor
Lead investors are an important part of the funding process. They represent the other investors for the duration of the contract. In the event of default, they have the responsibility to sell the contract to a collector. That includes contacting a collection agency, making the sale, and executing the contract. Token Interest has set a few rules to help companies select a lead investor that will be motivated to act on the investors behalf. The lead investor must not be a member of your family, they must have computer literacy skills, and they must be willing to accept the additional responsibility.
The lead investor must not be a member of your family. Members of your family will be more inclined than other investors to act on your behalf rather than on the investors behalf. In order for things to operate smoothly, the lead investor must primarily be motivated by the desire to help the investors. The lead investor’s primary interest should be to assist all investors in making as much money as possible.
Computer literacy skills are a requirement for the lead investor to fulfill their obligations. The lead investor is assigned certain operation responsibilities on the smart contract which must be complete online. Token Interest will require the lead investor to watch training videos provided by Token Interest on how to operate the smart contract. The lead investor must confirm directly to Token Interest that they have watched the video and understand the contents.
Finally, the lead investor must confirm directly to Token Interest that they are willing to take on the additional responsibilities. This can be done through email or other written correspondence the investor finds most convenient. It is recommend to reward the lead investor with a higher interest rate as an incentive to accept the additional responsibilities.
The lead investor can not be a member of your family, she will need computer literacy skills, and she must be willing to take on additional responsibilities. If you do not have a lead investor, you will not be allowed to accept the money you earn from your campaign raise. Lead investors are essential to the process of raising capital and should be chosen with the utmost care.