Recently KR send me a link on ILO.

What is ILO?

Initial Licence Offerings (ILOs) are a revenue-based form of raising money for companies who have a product or service that is already in revenues or is ready to start earning revenues.

The ILO is a straightforward distribution rights licence that expires after an agreed period of time or is exchanged for cash under a buy back or for equity dependent on the offering. ILOs are contracts between the company and the ILO buyer.



ILO buyers promote the product to their network of contacts to qualify for royalties. Royalties are split evenly amongst the ILO units and are based on an agreed percentage of gross revenues.

ILO buyers can also obtain a code to make direct sales of the products for commission in some cases.

Companies can issue their ILO round in one go or split it into two or more rounds.  Secondary rounds may be at a different price calculated from the value of the royalties paid out in year one.

ILOs can also be bought and sold mid-term on the ILO Contract Exchange. (ILOCX)



So, I bought some units from We the People.
Saw that shop at Millenia Walk and bought a stylus pen suitable for my android devices. They sell many interesting products from like.. Kickstarters or other cool gadgets. Saw tempted to buy this tumblr looking bottle that actually is meant to store your travel essentials like soap and shampoo but within the acceptable limit to bring on flights.

If you are interested you can go to this link to find out more ya.

https://iloexchange.com/learn_more.php?ilo=WeThePeople


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